BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) SVP Joseph Mcgrail Sells 1,000 Shares of Stock

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) SVP Joseph Mcgrail sold 1,000 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $77.37, for a total value of $77,370.00. Following the transaction, the senior vice president now directly owns 12,905 shares of the company’s stock, valued at approximately $998,459.85. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

BJ’s Wholesale Club Stock Down 1.3 %

NYSE:BJ opened at $75.28 on Thursday. The stock’s fifty day moving average price is $73.65 and its two-hundred day moving average price is $69.34. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $60.33 and a 52-week high of $80.42. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.14 and a current ratio of 0.73. The company has a market cap of $10.01 billion, a price-to-earnings ratio of 19.45, a P/E/G ratio of 3.29 and a beta of 0.26.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings results on Thursday, March 7th. The company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.05. The company had revenue of $5.36 billion for the quarter, compared to the consensus estimate of $5.38 billion. BJ’s Wholesale Club had a return on equity of 40.84% and a net margin of 2.64%. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.00 EPS. On average, analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.91 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Global Retirement Partners LLC lifted its stake in shares of BJ’s Wholesale Club by 45.3% in the 3rd quarter. Global Retirement Partners LLC now owns 491 shares of the company’s stock valued at $34,000 after purchasing an additional 153 shares during the period. First Horizon Advisors Inc. lifted its stake in shares of BJ’s Wholesale Club by 23.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 824 shares of the company’s stock valued at $59,000 after purchasing an additional 159 shares during the period. B. Riley Wealth Advisors Inc. increased its position in shares of BJ’s Wholesale Club by 5.9% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 3,225 shares of the company’s stock valued at $245,000 after buying an additional 179 shares in the last quarter. CIBC Asset Management Inc increased its position in shares of BJ’s Wholesale Club by 5.0% in the 1st quarter. CIBC Asset Management Inc now owns 3,783 shares of the company’s stock valued at $288,000 after buying an additional 180 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of BJ’s Wholesale Club by 3.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 6,939 shares of the company’s stock valued at $505,000 after buying an additional 206 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on BJ. Wells Fargo & Company reiterated an “equal weight” rating and issued a $70.00 price objective (down from $73.00) on shares of BJ’s Wholesale Club in a research note on Thursday, January 4th. The Goldman Sachs Group upgraded BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and upped their price objective for the company from $81.00 to $87.00 in a research note on Monday, April 8th. Evercore ISI lowered their price objective on BJ’s Wholesale Club from $79.00 to $78.00 and set an “in-line” rating on the stock in a research note on Tuesday. JPMorgan Chase & Co. upped their price objective on BJ’s Wholesale Club from $58.00 to $62.00 and gave the company an “underweight” rating in a research note on Friday, March 1st. Finally, Gordon Haskett lowered BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $70.00 price target on the stock. in a research report on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $74.40.

BJ’s Wholesale Club Company 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.