Virtu Financial LLC Makes New $776,000 Investment in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Virtu Financial LLC purchased a new position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,257 shares of the company’s stock, valued at approximately $776,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SG Americas Securities LLC lifted its holdings in shares of BJ’s Wholesale Club by 167.8% in the 4th quarter. SG Americas Securities LLC now owns 6,015 shares of the company’s stock valued at $401,000 after buying an additional 3,769 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of BJ’s Wholesale Club by 2.7% in the 4th 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 period. LVZ Inc. lifted its holdings in shares of BJ’s Wholesale Club by 8.3% in the 4th quarter. LVZ Inc. now owns 7,008 shares of the company’s stock valued at $467,000 after buying an additional 540 shares during the period. Trust Point Inc. acquired a new position in shares of BJ’s Wholesale Club in the 4th quarter valued at about $211,000. Finally, Boston Trust Walden Corp lifted its holdings in shares of BJ’s Wholesale Club by 2.0% in the 4th quarter. Boston Trust Walden Corp now owns 1,073,646 shares of the company’s stock valued at $71,569,000 after buying an additional 20,703 shares during the period. Institutional investors and hedge funds own 98.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on BJ. TD Cowen upped their price target on BJ’s Wholesale Club from $93.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, May 24th. Robert W. Baird boosted their price objective on BJ’s Wholesale Club from $90.00 to $95.00 and gave the stock an “outperform” rating in a research note on Friday, May 24th. UBS Group boosted their price objective on BJ’s Wholesale Club from $89.00 to $97.00 and gave the stock a “buy” rating in a research note on Friday, May 24th. Bank of America boosted their price objective on BJ’s Wholesale Club from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, May 24th. Finally, Barclays boosted their price objective on BJ’s Wholesale Club from $72.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Friday, May 24th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, BJ’s Wholesale Club has an average rating of “Hold” and an average target price of $82.35.

Insider Activity at BJ’s Wholesale Club

In other news, EVP Graham Luce sold 16,596 shares of BJ’s Wholesale Club stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $91.15, for a total transaction of $1,512,725.40. Following the sale, the executive vice president now owns 14,131 shares in the company, valued at $1,288,040.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Graham Luce sold 16,596 shares of BJ’s Wholesale Club stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $91.15, for a total transaction of $1,512,725.40. Following the sale, the executive vice president now owns 14,131 shares in the company, valued at $1,288,040.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Jeff Desroches sold 14,106 shares of BJ’s Wholesale Club stock in a transaction dated Friday, May 31st. The stock was sold at an average price of $86.00, for a total value of $1,213,116.00. Following the sale, the executive vice president now owns 87,294 shares in the company, valued at approximately $7,507,284. The disclosure for this sale can be found here. Insiders have sold 70,544 shares of company stock valued at $6,273,484 over the last quarter. 2.00% of the stock is owned by insiders.

BJ’s Wholesale Club Stock Down 1.1 %

Shares of NYSE BJ opened at $86.83 on Friday. The stock has a market cap of $11.52 billion, a P/E ratio of 22.55, a PEG ratio of 3.12 and a beta of 0.23. The company has a current ratio of 0.74, a quick ratio of 0.14 and a debt-to-equity ratio of 0.26. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $63.08 and a 12-month high of $92.37. The business’s fifty day simple moving average is $88.32 and its 200-day simple moving average is $78.47.

BJ’s Wholesale Club (NYSE:BJ) last posted its earnings results on Thursday, May 23rd. The company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.83 by $0.02. The firm had revenue of $4.92 billion for the quarter, compared to analyst estimates of $4.86 billion. BJ’s Wholesale Club had a return on equity of 37.78% and a net margin of 2.59%. BJ’s Wholesale Club’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.85 earnings per share. As a group, equities analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.91 EPS for the current fiscal 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.