BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Acquired by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC lifted its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 9.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,160 shares of the company’s stock after buying an additional 891 shares during the period. Linden Thomas Advisory Services LLC’s holdings in BJ’s Wholesale Club were worth $677,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Global Retirement Partners LLC boosted its holdings in shares of BJ’s Wholesale Club by 45.3% in the 3rd quarter. Global Retirement Partners LLC now owns 491 shares of the company’s stock valued at $34,000 after acquiring an additional 153 shares during the last quarter. Huntington National Bank boosted its position in BJ’s Wholesale Club by 159.9% in the 3rd quarter. Huntington National Bank now owns 668 shares of the company’s stock worth $48,000 after purchasing an additional 411 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in shares of BJ’s Wholesale Club by 23.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 824 shares of the company’s stock valued at $59,000 after purchasing an additional 159 shares in the last quarter. Anchor Investment Management LLC acquired a new stake in BJ’s Wholesale Club during the fourth quarter valued at $78,000. Finally, Headlands Technologies LLC acquired a new position in shares of BJ’s Wholesale Club in the third quarter worth about $89,000. 98.60% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 1,000 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $77.37, for a total transaction of $77,370.00. Following the transaction, the senior vice president now directly owns 12,905 shares of the company’s stock, valued at approximately $998,459.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Christopher J. Baldwin sold 73,062 shares of BJ’s Wholesale Club stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $73.95, for a total value of $5,402,934.90. Following the sale, the director now owns 173,294 shares of the company’s stock, valued at $12,815,091.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Joseph Mcgrail sold 1,000 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $77.37, for a total value of $77,370.00. Following the transaction, the senior vice president now directly owns 12,905 shares of the company’s stock, valued at $998,459.85. The disclosure for this sale can be found here. Insiders have sold a total of 98,840 shares of company stock valued at $7,408,605 over the last quarter. Company insiders own 2.20% of the company’s stock.

BJ’s Wholesale Club Stock Up 0.8 %

BJ stock opened at $76.37 on Friday. The company’s 50 day moving average is $74.48 and its two-hundred day moving average is $69.56. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $60.33 and a twelve month high of $80.42. The company has a current ratio of 0.73, a quick ratio of 0.14 and a debt-to-equity ratio of 0.27. The stock has a market cap of $10.15 billion, a P/E ratio of 19.73, a PEG ratio of 3.28 and a beta of 0.26.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Thursday, March 7th. The company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.05. BJ’s Wholesale Club had a return on equity of 40.84% and a net margin of 2.64%. The company had revenue of $5.36 billion for the quarter, compared to analyst estimates of $5.38 billion. During the same quarter last year, the company posted $1.00 earnings per share. The business’s quarterly revenue was up 8.7% compared to the same quarter last year. Research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.91 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. The Goldman Sachs Group raised BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and upped their target price for the stock from $81.00 to $87.00 in a research note on Monday, April 8th. Evercore ISI dropped their price target on BJ’s Wholesale Club from $79.00 to $78.00 and set an “in-line” rating for the company in a research report on Tuesday, April 16th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $70.00 price target (down previously from $73.00) on shares of BJ’s Wholesale Club in a report on Thursday, January 4th. JPMorgan Chase & Co. raised their price objective on shares of BJ’s Wholesale Club from $58.00 to $62.00 and gave the stock an “underweight” rating in a research report on Friday, March 1st. Finally, Loop Capital reiterated a “hold” rating and issued a $80.00 target price (down from $85.00) on shares of BJ’s Wholesale Club in a report on Thursday, April 18th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $74.40.

About BJ’s Wholesale Club

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the eastern half of the United States. It provides groceries, general merchandise, gasoline and other ancillary services, coupon books, and promotions. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.com, as well as the mobile app.