Nisa Investment Advisors LLC reduces its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

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Nisa Investment Advisors LLC reduced its position in BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ – Get Rating) by 8.1% in the first quarter, according to the company in its latest filing with the Securities & Exchange Commission. The company held 3,270 shares of the company after selling 290 shares during the quarter. Nisa Investment Advisors LLC’s holdings in BJ’s Wholesale Club were worth $221,000 when it last filed with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently changed their positions in the company. Sageworth Trust Co of South Dakota bought a new stock position in BJ’s Wholesale Club in Q4, valued at around $26,000. City State Bank bought a new position in BJ’s Wholesale Club during the fourth quarter worth $25,000. National Bank of Canada FI bought a new position in BJ’s Wholesale Club during the fourth quarter at a value of $31,000. First Horizon Advisors Inc. increased its stake in BJ’s Wholesale Club by 108.1% during the fourth quarter. First Horizon Advisors Inc. now owns 793 shares of the company valued at $53,000 after buying 412 additional shares in the last quarter. Finally, CWM LLC bought a new position in BJ’s Wholesale Club during the fourth quarter at a value of $77,000. Hedge funds and other institutional investors own 99.98% of the company’s shares.

Insider Buying and Selling at BJ’s Wholesale Club

In other news from BJ’s Wholesale Club, Executive Vice President William C. Werner sold 20,000 shares of the company in a trade dated Tuesday, July 5. The stock was sold at an average price of $64.54, for a total transaction of $1,290,800.00. Following the completion of the sale, the executive vice president now owns 37,361 shares of the company, valued at $2,411,278.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, accessible via the SEC’s website. In other news from BJ’s Wholesale Club, Executive Vice President William C. Werner sold 20,000 shares of the company in a trade dated Tuesday, July 5. The stock was sold at an average price of $64.54, for a total transaction of $1,290,800.00. Following the completion of the sale, the executive vice president now owns 37,361 shares of the company, valued at $2,411,278.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, accessible via the SEC’s website. Additionally, Executive Vice President Scott Kessler sold 9,514 shares of the company in a trade dated Wednesday, June 15. The shares were sold at an average price of $59.31, for a total value of $564,275.34. Following the sale, the executive vice president now directly owns 128,326 shares of the company, valued at approximately $7,611,015.06. The disclosure of this sale can be found here. During the last quarter, insiders sold 46,639 shares of the company valued at $2,981,849. Insiders of the company hold 2.10% of the shares of the company.

Changes to analyst ratings

BJ has been the subject of a number of recent research reports. Citigroup raised its price target on BJ’s Wholesale Club from $58.00 to $63.00 and gave the company a “neutral” rating in a Friday, May 20 research note. Deutsche Bank Aktiengesellschaft raised its price target on BJ’s Wholesale Club from $70.00 to $74.00 in a Friday, May 20 research note. Robert W. Baird reiterated an “outperform” rating and set a price target of $70.00 on BJ’s Wholesale Club stock in a Monday, May 23 research note. Finally, Jefferies Financial Group raised its price target on BJ’s Wholesale Club from $69.00 to $72.00 in a Thursday, June 2 report. One research analyst has assigned the stock a sell rating, five have assigned a hold rating and ten have assigned the stock a buy rating. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $66.87.

BJ’s Wholesale Club Stock Performance

BJ shares opened at $67.98 on Thursday. The company has a debt ratio of 1.04, a current ratio of 0.80 and a quick ratio of 0.14. BJ’s Wholesale Club Holdings, Inc. has a one-year low of $49.53 and a one-year high of $74.09. The company has a market capitalization of $9.19 billion, a P/E ratio of 20.48, a PEG ratio of 2.33 and a beta of 0.45. The company has a fifty-day moving average of $62.62 and a 200-day moving average of $63.39.

BJ’s Wholesale Club (NYSE:BJ – Get Rating) last released quarterly earnings data on Thursday, May 19. The company reported EPS of $0.87 for the quarter, beating the consensus estimate of $0.73 by $0.14. BJ’s Wholesale Club achieved a return on equity of 77.13% and a net margin of 2.65%. The company posted revenue of $4.50 billion in the quarter, against analyst estimates of $4.24 billion. In the same quarter a year earlier, the company posted earnings per share of $0.72. BJ’s Wholesale Club revenues increased by 16.2% compared to the same quarter last year. As a group, sell-side analysts expect BJ’s Wholesale Club Holdings, Inc. to post EPS of 3.31 for the current year.

BJ’s Wholesale Club Company Profile

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BJ’s Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the East Coast of the United States. It provides perishables, general merchandise, gasoline and other ancillary services. The Company sells its products through the BJs.com, BerkleyJensen.com, Wellsleyfarms.com and Delivery.bjs.com websites and mobile application.

See also

Want to see what other hedge funds hold BJ? Visit HoldingsChannel.com for the latest 13F filings and insider trading for BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Get Rating).

Institutional ownership by quarter for BJ's Wholesale Club (NYSE: BJ)



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