DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Trims Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lessened its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 36.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,006 shares of the company’s stock after selling 19,787 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main’s holdings in BJ’s Wholesale Club were worth $3,128,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in BJ. Envestnet Portfolio Solutions Inc. boosted its holdings in BJ’s Wholesale Club by 0.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 20,003 shares of the company’s stock worth $1,787,000 after purchasing an additional 105 shares during the period. Lifestyle Asset Management Inc. boosted its holdings in shares of BJ’s Wholesale Club by 0.8% in the 4th quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company’s stock valued at $1,191,000 after buying an additional 108 shares during the period. Gateway Investment Advisers LLC grew its position in shares of BJ’s Wholesale Club by 0.7% during the 4th quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company’s stock valued at $1,353,000 after buying an additional 111 shares during the last quarter. Covestor Ltd raised its stake in BJ’s Wholesale Club by 66.5% during the fourth quarter. Covestor Ltd now owns 288 shares of the company’s stock worth $26,000 after acquiring an additional 115 shares during the period. Finally, Captrust Financial Advisors lifted its holdings in BJ’s Wholesale Club by 1.9% in the fourth quarter. Captrust Financial Advisors now owns 7,044 shares of the company’s stock worth $629,000 after acquiring an additional 131 shares during the last quarter. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Up 0.0 %

BJ’s Wholesale Club stock opened at $114.75 on Friday. The firm has a market cap of $15.11 billion, a price-to-earnings ratio of 27.58, a price-to-earnings-growth ratio of 4.50 and a beta of 0.59. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $76.33 and a 1 year high of $121.10. The firm’s 50 day moving average price is $113.94 and its two-hundred day moving average price is $101.84. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. The company 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, research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Insider Activity at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, Director Robert Allan Steele sold 11,813 shares of BJ’s Wholesale Club stock in a transaction on Friday, March 14th. The shares were sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the completion of the sale, the director now owns 24,351 shares of the company’s stock, valued at $2,619,924.09. This trade represents a 32.67 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Joseph Mcgrail sold 2,100 shares of the company’s 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 transaction, the senior vice president now directly owns 14,240 shares in the company, valued at $1,705,097.60. This trade represents a 12.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 328,505 shares of company stock worth $37,452,686. 2.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on BJ. Citigroup raised BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and upped their target price for the company from $115.00 to $130.00 in a report on Thursday, April 3rd. Barclays increased their target price on BJ’s Wholesale Club from $80.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Monday, March 10th. Wells Fargo & Company restated an “overweight” rating on shares of BJ’s Wholesale Club in a research report on Friday, March 7th. Loop Capital increased their price objective on shares of BJ’s Wholesale Club from $95.00 to $110.00 and gave the stock a “hold” rating in a report on Friday, March 7th. Finally, DA Davidson boosted their target price 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 research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, BJ’s Wholesale Club currently has a consensus rating of “Moderate Buy” and a consensus price target of $112.12.

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.