TD Private Client Wealth LLC Acquires 337 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

TD Private Client Wealth LLC lifted its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 1.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,120 shares of the company’s stock after acquiring an additional 337 shares during the period. TD Private Client Wealth LLC’s holdings in BJ’s Wholesale Club were worth $1,495,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Neo Ivy Capital Management bought a new stake in shares of BJ’s Wholesale Club during the third quarter worth about $828,000. Coldstream Capital Management Inc. increased its position in shares of BJ’s Wholesale Club by 4.2% during the third quarter. Coldstream Capital Management Inc. now owns 8,802 shares of the company’s stock worth $727,000 after acquiring an additional 358 shares in the last quarter. Geode Capital Management LLC increased its position in shares of BJ’s Wholesale Club by 1.6% during the third quarter. Geode Capital Management LLC now owns 2,215,356 shares of the company’s stock worth $182,770,000 after acquiring an additional 34,940 shares in the last quarter. Barclays PLC increased its position in shares of BJ’s Wholesale Club by 118.6% during the third quarter. Barclays PLC now owns 144,652 shares of the company’s stock worth $11,931,000 after acquiring an additional 78,470 shares in the last quarter. Finally, O Brien Greene & Co. Inc increased its position in shares of BJ’s Wholesale Club by 16.7% during the third quarter. O Brien Greene & Co. Inc now owns 3,500 shares of the company’s stock worth $289,000 after acquiring an additional 500 shares in the last quarter. 98.60% of the stock is owned by institutional investors.

Insider Activity at BJ’s Wholesale Club

In related news, CEO Robert W. Eddy sold 11,000 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $85.47, for a total transaction of $940,170.00. Following the sale, the chief executive officer now directly owns 423,792 shares in the company, valued at approximately $36,221,502.24. This represents a 2.53 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 2.00% of the stock is currently owned by corporate insiders.

BJ’s Wholesale Club Stock Down 1.2 %

BJ opened at $98.57 on Friday. The stock has a market cap of $13.02 billion, a price-to-earnings ratio of 23.69, a PEG ratio of 4.50 and a beta of 0.29. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. The company’s 50-day moving average price is $90.00 and its two-hundred day moving average price is $87.03. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $64.06 and a twelve month high of $100.74.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Thursday, November 21st. The company reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.29. The company had revenue of $5.10 billion for the quarter, compared to analysts’ expectations of $5.12 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. BJ’s Wholesale Club’s revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.98 EPS. As a group, equities analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.95 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. TD Cowen upped their price objective on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday. UBS Group upped their price objective on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Jefferies Financial Group upped their price objective on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Wells Fargo & Company upped their price objective on shares of BJ’s Wholesale Club from $92.00 to $100.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. Finally, Melius Research assumed coverage on shares of BJ’s Wholesale Club in a research report on Monday, September 23rd. They issued a “buy” rating and a $90.00 price objective for the company. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $93.56.

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.