BJ’s Wholesale Club Holdings, Inc. $BJ Stock Holdings Boosted by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. raised its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 20.9% in the third quarter, HoldingsChannel reports. The firm owned 50,294 shares of the company’s stock after acquiring an additional 8,694 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in BJ’s Wholesale Club were worth $4,690,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA boosted its position in shares of BJ’s Wholesale Club by 31.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,791,602 shares of the company’s stock worth $446,817,000 after buying an additional 1,152,591 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in BJ’s Wholesale Club by 22.4% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 100,007 shares of the company’s stock valued at $9,326,000 after acquiring an additional 18,288 shares in the last quarter. Boston Trust Walden Corp boosted its position in BJ’s Wholesale Club by 7.3% during the 3rd quarter. Boston Trust Walden Corp now owns 924,785 shares of the company’s stock worth $86,236,000 after acquiring an additional 62,903 shares during the period. Envestnet Asset Management Inc. boosted its position in BJ’s Wholesale Club by 3.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 670,052 shares of the company’s stock worth $62,482,000 after acquiring an additional 25,326 shares during the period. Finally, Vaughan Nelson Investment Management L.P. grew its stake in shares of BJ’s Wholesale Club by 48.7% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 583,416 shares of the company’s stock worth $54,404,000 after purchasing an additional 191,200 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.

Insider Activity at BJ’s Wholesale Club

In other news, EVP William C. Werner sold 7,000 shares of BJ’s Wholesale Club stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $91.09, for a total value of $637,630.00. Following the transaction, the executive vice president directly owned 50,498 shares of the company’s stock, valued at $4,599,862.82. This trade represents a 12.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.40% of the stock is currently owned by insiders.

BJ’s Wholesale Club Stock Performance

BJ opened at $96.38 on Monday. The business has a fifty day simple moving average of $94.83 and a 200-day simple moving average of $94.81. The firm has a market cap of $12.61 billion, a PE ratio of 22.21, a P/E/G ratio of 2.49 and a beta of 0.36. The company has a quick ratio of 0.16, a current ratio of 0.79 and a debt-to-equity ratio of 0.18. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $86.68 and a fifty-two week high of $121.10.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Friday, November 21st. The company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.07. The business had revenue of $5.35 billion during the quarter, compared to analyst estimates of $5.35 billion. BJ’s Wholesale Club had a return on equity of 28.66% and a net margin of 2.72%.BJ’s Wholesale Club’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the company posted $1.18 EPS. As a group, equities analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Analyst Ratings Changes

BJ has been the subject of several research analyst reports. Wells Fargo & Company reduced their price objective on shares of BJ’s Wholesale Club from $120.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday, November 12th. Barclays lowered shares of BJ’s Wholesale Club from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $115.00 to $90.00 in a research note on Wednesday, January 7th. Robert W. Baird lowered their price objective on shares of BJ’s Wholesale Club from $130.00 to $115.00 and set an “outperform” rating on the stock in a research note on Monday, November 24th. Melius Research cut BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 target price on the stock. in a report on Friday, January 23rd. Finally, TD Cowen reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday, November 24th. Eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, BJ’s Wholesale Club has a consensus rating of “Hold” and a consensus target price of $107.63.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.

Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.