BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Ameriprise Financial Inc.

Ameriprise Financial Inc. reduced its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 3.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,075,858 shares of the company’s stock after selling 33,075 shares during the period. Ameriprise Financial Inc. owned 0.81% of BJ’s Wholesale Club worth $96,128,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Barclays PLC lifted its holdings in BJ’s Wholesale Club by 118.6% in the 3rd quarter. Barclays PLC now owns 144,652 shares of the company’s stock valued at $11,931,000 after purchasing an additional 78,470 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of BJ’s Wholesale Club during the third quarter valued at approximately $55,000. Fulton Bank N.A. boosted its position in BJ’s Wholesale Club by 16.5% during the fourth quarter. Fulton Bank N.A. now owns 5,441 shares of the company’s stock worth $486,000 after acquiring an additional 769 shares during the last quarter. First Hawaiian Bank purchased a new stake in BJ’s Wholesale Club in the 4th quarter worth approximately $306,000. Finally, Wedmont Private Capital grew its stake in BJ’s Wholesale Club by 9.0% in the 4th quarter. Wedmont Private Capital now owns 2,822 shares of the company’s stock worth $273,000 after acquiring an additional 233 shares during the period. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Down 3.9 %

Shares of BJ’s Wholesale Club stock opened at $114.77 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $76.17 and a 1-year high of $121.10. The company has a market capitalization of $15.11 billion, a P/E ratio of 27.59, a PEG ratio of 4.50 and a beta of 0.59. The business’s fifty day moving average price is $113.67 and its two-hundred day moving average price is $101.53. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14.

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

Insider Buying and Selling at BJ’s Wholesale Club

In other news, SVP Joseph Mcgrail sold 2,100 shares of the stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $119.74, for a total transaction of $251,454.00. Following the completion of the sale, the senior vice president now owns 14,240 shares in the company, valued at approximately $1,705,097.60. This represents a 12.85 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert Allan Steele sold 11,813 shares of BJ’s Wholesale Club stock in a transaction on 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 owns 24,351 shares in the company, valued at $2,619,924.09. The trade was a 32.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 328,505 shares of company stock valued at $37,452,686. 2.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on BJ shares. JPMorgan Chase & Co. raised their price objective on BJ’s Wholesale Club from $87.00 to $101.00 and gave the stock a “neutral” rating in a report on Monday, March 3rd. Argus raised shares of BJ’s Wholesale Club to a “hold” rating in a research note on Friday, April 4th. Robert W. Baird raised their target price on shares of BJ’s Wholesale Club from $115.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th. Morgan Stanley upped their price target on shares of BJ’s Wholesale Club from $98.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Friday, March 7th. Finally, DA Davidson boosted their price objective 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 investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $110.82.

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.