Epoch Investment Partners Inc. Has $62.55 Million Stock Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Epoch Investment Partners Inc. lessened its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 1.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 826,775 shares of the company’s stock after selling 13,948 shares during the period. Epoch Investment Partners Inc.’s holdings in BJ’s Wholesale Club were worth $62,546,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BJ. SG Americas Securities LLC grew its holdings in BJ’s Wholesale Club by 167.8% during the fourth quarter. SG Americas Securities LLC now owns 6,015 shares of the company’s stock valued at $401,000 after purchasing an additional 3,769 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in shares of BJ’s Wholesale Club by 2.7% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 24,639 shares of the company’s stock valued at $1,642,000 after buying an additional 644 shares during the last quarter. Pacer Advisors Inc. raised its holdings in shares of BJ’s Wholesale Club by 105.4% in the fourth quarter. Pacer Advisors Inc. now owns 23,226 shares of the company’s stock valued at $1,548,000 after buying an additional 11,917 shares during the last quarter. McGlone Suttner Wealth Management Inc. bought a new position in shares of BJ’s Wholesale Club in the fourth quarter valued at about $102,000. Finally, Foster Victor Wealth Advisors LLC raised its holdings in shares of BJ’s Wholesale Club by 4.5% in the fourth quarter. Foster Victor Wealth Advisors LLC now owns 107,155 shares of the company’s stock valued at $7,043,000 after buying an additional 4,605 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

Insider Buying and Selling at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, EVP Jeff Desroches sold 28,842 shares of the business’s stock in a transaction that occurred on Friday, July 19th. The stock was sold at an average price of $89.86, for a total value of $2,591,742.12. Following the sale, the executive vice president now owns 58,452 shares in the company, valued at approximately $5,252,496.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Robert W. Eddy sold 11,000 shares of the company’s stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $86.90, for a total transaction of $955,900.00. Following the sale, the chief executive officer now owns 467,792 shares in the company, valued at approximately $40,651,124.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Jeff Desroches sold 28,842 shares of the company’s stock in a transaction that occurred on Friday, July 19th. The stock was sold at an average price of $89.86, for a total value of $2,591,742.12. Following the sale, the executive vice president now owns 58,452 shares in the company, valued at approximately $5,252,496.72. The disclosure for this sale can be found here. In the last quarter, insiders have sold 70,544 shares of company stock worth $6,273,484. Corporate insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Evercore ISI lifted their price objective on BJ’s Wholesale Club from $86.00 to $89.00 and gave the stock an “in-line” rating in a research report on Thursday, June 20th. Loop Capital lifted their price objective on BJ’s Wholesale Club from $80.00 to $85.00 and gave the stock a “hold” rating in a research report on Thursday, July 11th. DA Davidson lifted their price objective on BJ’s Wholesale Club from $92.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, May 24th. The Goldman Sachs Group upgraded BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $81.00 to $87.00 in a research report on Monday, April 8th. Finally, JPMorgan Chase & Co. boosted their target price on BJ’s Wholesale Club from $70.00 to $74.00 and gave the stock an “underweight” rating in a research report on Tuesday, May 28th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $82.35.

BJ’s Wholesale Club Stock Down 0.5 %

Shares of BJ traded down $0.41 on Friday, hitting $87.96. The company’s stock had a trading volume of 1,333,940 shares, compared to its average volume of 1,275,144. The company has a quick ratio of 0.14, a current ratio of 0.74 and a debt-to-equity ratio of 0.26. The firm’s fifty day moving average price is $87.80 and its 200-day moving average price is $77.79. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $63.08 and a fifty-two week high of $92.37. The firm has a market capitalization of $11.67 billion, a price-to-earnings ratio of 22.85, a P/E/G ratio of 3.13 and a beta of 0.23.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Thursday, May 23rd. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.02. BJ’s Wholesale Club had a return on equity of 37.78% and a net margin of 2.59%. The business had revenue of $4.92 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same period in the previous year, the firm earned $0.85 EPS. BJ’s Wholesale Club’s quarterly revenue was up 4.1% compared to the same quarter last year. On average, equities research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.91 EPS for the current year.

BJ’s Wholesale Club Profile

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.