Snowden Capital Advisors LLC Has $323,000 Stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Snowden Capital Advisors LLC trimmed its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 5.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,612 shares of the company’s stock after selling 206 shares during the period. Snowden Capital Advisors LLC’s holdings in BJ’s Wholesale Club were worth $323,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Covestor Ltd grew 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 buying an additional 115 shares in the last quarter. Tortoise Investment Management LLC grew its holdings in shares of BJ’s Wholesale Club by 78.7% during the 4th quarter. Tortoise Investment Management LLC now owns 529 shares of the company’s stock valued at $47,000 after purchasing an additional 233 shares during the last quarter. Brown Brothers Harriman & Co. grew its holdings in shares of BJ’s Wholesale Club by 652.9% during the 4th quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company’s stock valued at $47,000 after purchasing an additional 457 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of BJ’s Wholesale Club by 68.2% during the 4th quarter. UMB Bank n.a. now owns 624 shares of the company’s stock valued at $56,000 after purchasing an additional 253 shares during the last quarter. Finally, TD Waterhouse Canada Inc. grew its holdings in shares of BJ’s Wholesale Club by 9,700.0% during the 4th quarter. TD Waterhouse Canada Inc. now owns 784 shares of the company’s stock valued at $70,000 after purchasing an additional 776 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

BJ’s Wholesale Club Stock Down 1.3%

Shares of NYSE BJ opened at $116.01 on Friday. The company has a market capitalization of $15.27 billion, a P/E ratio of 27.89, a price-to-earnings-growth ratio of 4.50 and a beta of 0.59. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $76.33 and a 52-week high of $121.10. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. The company’s 50 day moving average price is $114.62 and its 200-day moving average price is $103.51.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings results on Thursday, May 22nd. The company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.23. The firm had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.18 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.85 EPS. Equities analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Insider Transactions at BJ’s Wholesale Club

In related news, EVP William C. Werner sold 14,192 shares of the business’s stock in a transaction on Thursday, April 3rd. The shares were sold at an average price of $117.64, for a total transaction of $1,669,546.88. Following the transaction, the executive vice president now owns 26,113 shares in the company, valued at $3,071,933.32. The trade was a 35.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert Allan Steele sold 11,813 shares of the business’s 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 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 328,505 shares of company stock worth $37,452,686. Company insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

BJ has been the topic of several research reports. Barclays lifted their price target on shares of BJ’s Wholesale Club from $80.00 to $115.00 and gave the company an “equal weight” rating in a report on Monday, March 10th. The Goldman Sachs Group lifted their price target on shares of BJ’s Wholesale Club from $102.00 to $121.00 and gave the company a “buy” rating in a report on Monday, March 10th. DA Davidson lifted their price target on shares of BJ’s Wholesale Club from $123.00 to $130.00 and gave the company a “buy” rating in a report on Friday, March 7th. Loop Capital lifted their price target on shares of BJ’s Wholesale Club from $95.00 to $110.00 and gave the company a “hold” rating in a report on Friday, March 7th. Finally, Argus raised shares of BJ’s Wholesale Club to a “hold” rating in a report on Friday, April 4th. Seven research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $112.06.

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.