Sei Investments Co. Sells 31,226 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Sei Investments Co. cut its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 13.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 205,070 shares of the company’s stock after selling 31,226 shares during the period. Sei Investments Co. owned 0.16% of BJ’s Wholesale Club worth $18,323,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Pathstone Holdings LLC grew its holdings in BJ’s Wholesale Club by 2.7% during the 3rd quarter. Pathstone Holdings LLC now owns 21,123 shares of the company’s stock valued at $1,742,000 after buying an additional 558 shares in the last quarter. Commerce Bank boosted its position in shares of BJ’s Wholesale Club by 5.8% in the third quarter. Commerce Bank now owns 3,809 shares of the company’s stock valued at $314,000 after acquiring an additional 209 shares during the period. Charles Schwab Investment Management Inc. grew its stake in BJ’s Wholesale Club by 0.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 839,101 shares of the company’s stock valued at $69,209,000 after acquiring an additional 5,350 shares in the last quarter. Cerity Partners LLC increased its holdings in BJ’s Wholesale Club by 21.6% during the 3rd quarter. Cerity Partners LLC now owns 52,019 shares of the company’s stock worth $4,290,000 after acquiring an additional 9,224 shares during the period. Finally, Daiwa Securities Group Inc. lifted its stake in BJ’s Wholesale Club by 4.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 3,840 shares of the company’s stock worth $317,000 after purchasing an additional 180 shares in the last quarter. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ’s Wholesale Club Stock Performance

BJ’s Wholesale Club stock opened at $112.65 on Friday. The firm has a fifty day simple moving average of $104.60 and a two-hundred day simple moving average of $94.46. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $71.81 and a twelve month high of $118.40. The company has a market capitalization of $14.83 billion, a PE ratio of 27.08, a P/E/G ratio of 4.50 and a beta of 0.28. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.07. The company had revenue of $5.28 billion during the quarter, compared to analysts’ expectations of $5.29 billion. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. Research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Insider Transactions at BJ’s Wholesale Club

In related news, Director Robert Allan Steele sold 11,813 shares of the business’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the transaction, the director now owns 24,351 shares in the company, valued at $2,619,924.09. The trade was a 32.67 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP William C. Werner sold 20,000 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $110.41, for a total value of $2,208,200.00. Following the completion of the sale, the executive vice president now owns 31,308 shares of the company’s stock, valued at approximately $3,456,716.28. This trade represents a 38.98 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on BJ shares. TD Cowen boosted their price target on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Loop Capital boosted their target price on BJ’s Wholesale Club from $95.00 to $110.00 and gave the stock a “hold” rating in a research report on Friday, March 7th. Morgan Stanley raised their price target on BJ’s Wholesale Club from $98.00 to $115.00 and gave the company an “equal weight” rating in a report on Friday, March 7th. Wells Fargo & Company reissued an “overweight” rating on shares of BJ’s Wholesale Club in a report on Friday, March 7th. Finally, DA Davidson raised their target price on shares of BJ’s Wholesale Club from $123.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, March 7th. Seven research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $108.71.

BJ’s Wholesale Club Profile

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.