Pathstone Holdings LLC Purchases 558 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Pathstone Holdings LLC raised its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 2.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 21,123 shares of the company’s stock after acquiring an additional 558 shares during the period. Pathstone Holdings LLC’s holdings in BJ’s Wholesale Club were worth $1,742,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of BJ. Janus Henderson Group PLC lifted its holdings in shares of BJ’s Wholesale Club by 1.3% during the first quarter. Janus Henderson Group PLC now owns 149,306 shares of the company’s stock valued at $11,293,000 after purchasing an additional 1,955 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in shares of BJ’s Wholesale Club by 18.4% during the first quarter. B. Riley Wealth Advisors Inc. now owns 4,273 shares of the company’s stock valued at $305,000 after purchasing an additional 665 shares during the last quarter. Tidal Investments LLC lifted its holdings in shares of BJ’s Wholesale Club by 96.8% during the first quarter. Tidal Investments LLC now owns 19,840 shares of the company’s stock valued at $1,501,000 after purchasing an additional 9,759 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of BJ’s Wholesale Club during the first quarter valued at approximately $776,000. Finally, LRI Investments LLC purchased a new position in shares of BJ’s Wholesale Club during the first quarter valued at approximately $140,000. 98.60% of the stock is owned by institutional investors.

Insider Buying and Selling at BJ’s Wholesale Club

In other news, CEO Robert W. Eddy sold 11,000 shares of the business’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $79.40, for a total transaction of $873,400.00. Following the completion of the sale, the chief executive officer now owns 445,792 shares of the company’s stock, valued at $35,395,884.80. The trade was a 2.41 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. In the last ninety days, insiders sold 33,000 shares of company stock worth $2,734,820. Insiders own 2.00% of the company’s stock.

BJ’s Wholesale Club Price Performance

Shares of BJ opened at $96.77 on Thursday. The firm has a market cap of $12.83 billion, a PE ratio of 23.27, a P/E/G ratio of 4.63 and a beta of 0.24. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. The firm has a fifty day simple moving average of $86.53 and a two-hundred day simple moving average of $85.75. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $63.73 and a 1-year high of $99.91.

Wall Street Analyst Weigh In

BJ has been the subject of several recent research reports. Wells Fargo & Company lifted their target price on shares of BJ’s Wholesale Club from $92.00 to $100.00 and gave the company an “overweight” rating in a report on Tuesday, November 12th. TD Cowen lifted their target price on shares of BJ’s Wholesale Club from $95.00 to $110.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Bank of America decreased their price objective on shares of BJ’s Wholesale Club from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, August 23rd. UBS Group boosted their price objective on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Finally, Melius Research started coverage on shares of BJ’s Wholesale Club in a report on Monday, September 23rd. They issued a “buy” rating and a $90.00 price objective for the company. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $93.25.

About BJ’s Wholesale Club

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.