BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lifted its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 10.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,493 shares of the company’s stock after purchasing an additional 860 shares during the period. Crossmark Global Holdings Inc.’s holdings in BJ’s Wholesale Club were worth $783,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Trust Inc. purchased a new stake in BJ’s Wholesale Club during the 2nd quarter worth about $25,000. Davis Capital Management acquired a new stake in shares of BJ’s Wholesale Club during the 3rd quarter worth about $25,000. UMB Bank n.a. lifted its stake in BJ’s Wholesale Club by 375.6% during the third quarter. UMB Bank n.a. now owns 371 shares of the company’s stock worth $31,000 after purchasing an additional 293 shares during the last quarter. Reston Wealth Management LLC acquired a new position in BJ’s Wholesale Club in the third quarter valued at approximately $41,000. Finally, J.Safra Asset Management Corp purchased a new position in BJ’s Wholesale Club in the second quarter valued at approximately $45,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Roth Mkm boosted their price objective on shares of BJ’s Wholesale Club from $68.00 to $75.00 and gave the stock a “neutral” rating in a research report on Friday, August 23rd. Melius Research initiated 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 target for the company. JPMorgan Chase & Co. raised BJ’s Wholesale Club from an “underweight” rating to a “neutral” rating and raised their price objective for the stock from $76.00 to $78.00 in a report on Monday, August 26th. Wells Fargo & Company lifted their target price on BJ’s Wholesale Club from $92.00 to $100.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, Jefferies Financial Group upped their target price on BJ’s Wholesale Club from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Friday. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $88.94.

Insider Activity

In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 1,000 shares of BJ’s Wholesale Club stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $83.57, for a total transaction of $83,570.00. Following the completion of the transaction, the senior vice president now owns 13,566 shares in the company, valued at approximately $1,133,710.62. The trade was a 6.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Robert W. Eddy sold 11,000 shares of the stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $83.75, for a total transaction of $921,250.00. Following the completion of the sale, the chief executive officer now owns 434,792 shares in the company, valued at $36,413,830. This represents a 2.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 34,000 shares of company stock worth $2,818,390 over the last 90 days. 2.00% of the stock is currently owned by corporate insiders.

BJ’s Wholesale Club Stock Up 0.3 %

BJ stock opened at $87.23 on Friday. The company has a fifty day moving average of $84.80 and a 200-day moving average of $84.84. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.15 and a current ratio of 0.76. The stock has a market capitalization of $11.57 billion, a PE ratio of 22.03, a price-to-earnings-growth ratio of 3.23 and a beta of 0.24. BJ’s Wholesale Club Holdings, Inc. has a one year low of $63.08 and a one year high of $92.37.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings results on Thursday, August 22nd. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.09. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 36.12%. The company had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.15 billion. During the same period last year, the firm earned $0.97 EPS. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. As a group, analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.82 EPS for the current year.

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.