BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Acquired by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd lifted its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 151.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,784 shares of the company’s stock after purchasing an additional 11,928 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in BJ’s Wholesale Club were worth $1,768,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Tortoise Investment Management LLC grew its holdings in BJ’s Wholesale Club by 78.7% in the fourth quarter. Tortoise Investment Management LLC now owns 529 shares of the company’s stock valued at $47,000 after purchasing an additional 233 shares during the period. Brown Brothers Harriman & Co. lifted its position in shares of BJ’s Wholesale Club by 652.9% during the 4th quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company’s stock valued at $47,000 after buying an additional 457 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in BJ’s Wholesale Club in the 3rd quarter valued at $55,000. UMB Bank n.a. increased its holdings in BJ’s Wholesale Club by 68.2% in the 4th quarter. UMB Bank n.a. now owns 624 shares of the company’s stock worth $56,000 after acquiring an additional 253 shares in the last quarter. Finally, Avior Wealth Management LLC raised its position in BJ’s Wholesale Club by 151.2% during the fourth quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock worth $104,000 after acquiring an additional 703 shares during the period. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other BJ’s Wholesale Club news, Director Robert Allan Steele sold 11,813 shares of BJ’s Wholesale Club stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $107.59, for a total value of $1,270,960.67. Following the completion of the transaction, the director now directly owns 24,351 shares of the company’s stock, valued at $2,619,924.09. The trade was a 32.67 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP William C. Werner sold 20,000 shares of the business’s stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $110.41, for a total transaction of $2,208,200.00. Following the sale, the executive vice president now owns 31,308 shares in the company, valued at $3,456,716.28. This trade represents a 38.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 46,005 shares of company stock valued at $5,148,708. Company insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BJ. Barclays boosted their target price on shares of BJ’s Wholesale Club from $80.00 to $115.00 and gave the stock an “equal weight” rating in a research note on Monday, March 10th. TD Cowen increased their target price on BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Robert W. Baird lifted their price target on BJ’s Wholesale Club from $115.00 to $125.00 and gave the stock an “outperform” rating in a research note on Friday, March 7th. Cowen reissued a “buy” rating on shares of BJ’s Wholesale Club in a research note on Friday, March 7th. Finally, UBS Group raised their price objective on BJ’s Wholesale Club from $108.00 to $130.00 and gave the company a “buy” rating in a report on Friday, March 7th. Six research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, BJ’s Wholesale Club has an average rating of “Moderate Buy” and an average price target of $110.82.

BJ’s Wholesale Club Stock Down 2.5 %

BJ stock opened at $115.54 on Friday. The firm has a market cap of $15.21 billion, a PE ratio of 27.77, a PEG ratio of 4.50 and a beta of 0.54. BJ’s Wholesale Club Holdings, Inc. has a one year low of $71.81 and a one year high of $120.43. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. The firm’s 50 day moving average price is $106.88 and its 200-day moving average price is $95.94.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Thursday, March 6th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.86 by $0.07. The business had revenue of $5.28 billion for the quarter, compared to analyst estimates of $5.29 billion. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. On average, equities research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

BJ’s Wholesale Club Company 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.