BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Stock Holdings Trimmed by Westwood Holdings Group Inc.

Westwood Holdings Group Inc. decreased its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 5.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 122,854 shares of the company’s stock after selling 7,143 shares during the period. Westwood Holdings Group Inc. owned about 0.09% of BJ’s Wholesale Club worth $10,791,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Putnam Investments LLC lifted its holdings in BJ’s Wholesale Club by 4.3% in the fourth quarter. Putnam Investments LLC now owns 3,647,981 shares of the company’s stock worth $243,174,000 after acquiring an additional 150,414 shares during the last quarter. Bessemer Group Inc. grew its position in BJ’s Wholesale Club by 1.8% in the 1st quarter. Bessemer Group Inc. now owns 3,118,913 shares of the company’s stock worth $235,946,000 after purchasing an additional 56,442 shares during the last quarter. Fiduciary Management Inc. WI increased its stake in shares of BJ’s Wholesale Club by 17.6% in the fourth quarter. Fiduciary Management Inc. WI now owns 2,514,630 shares of the company’s stock valued at $167,625,000 after purchasing an additional 377,019 shares during the period. Principal Financial Group Inc. raised its holdings in shares of BJ’s Wholesale Club by 17.2% during the second quarter. Principal Financial Group Inc. now owns 1,624,781 shares of the company’s stock valued at $142,721,000 after buying an additional 237,902 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of BJ’s Wholesale Club by 13.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,370,144 shares of the company’s stock worth $120,351,000 after buying an additional 163,526 shares during the period. 98.60% of the stock is currently owned by institutional investors.

BJ’s Wholesale Club Price Performance

NYSE BJ opened at $80.99 on Friday. The stock’s 50-day moving average is $84.17 and its two-hundred day moving average is $82.02. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.76 and a quick ratio of 0.15. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $63.08 and a fifty-two week high of $92.37. The firm has a market cap of $10.75 billion, a P/E ratio of 21.04, a price-to-earnings-growth ratio of 2.90 and a beta of 0.25.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Thursday, August 22nd. The company reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.09. The business had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.15 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 36.12%. BJ’s Wholesale Club’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.97 earnings per share. On average, analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.84 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP Joseph Mcgrail sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The stock was 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 directly owns 13,566 shares in the company, valued at $1,133,710.62. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CEO Robert W. Eddy sold 11,000 shares of the company’s stock in a transaction on Monday, July 1st. The stock was sold at an average price of $86.90, for a total value of $955,900.00. Following the completion of the transaction, the chief executive officer now directly owns 467,792 shares in the company, valued at $40,651,124.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Joseph Mcgrail sold 1,000 shares of BJ’s Wholesale Club stock in a transaction on Monday, August 26th. The stock was sold at an average price of $83.57, for a total transaction of $83,570.00. Following the sale, the senior vice president now owns 13,566 shares in the company, valued at approximately $1,133,710.62. The disclosure for this sale can be found here. In the last 90 days, insiders sold 79,438 shares of company stock valued at $6,980,938. Insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

BJ has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upgraded shares of BJ’s Wholesale Club from an “underweight” rating to a “neutral” rating and increased their target price for the company from $76.00 to $78.00 in a research report on Monday, August 26th. Roth Mkm upped their price objective on BJ’s Wholesale Club from $68.00 to $75.00 and gave the company a “neutral” rating in a report on Friday, August 23rd. Evercore ISI boosted their price target on shares of BJ’s Wholesale Club from $86.00 to $89.00 and gave the stock an “in-line” rating in a research report on Thursday, June 20th. Wells Fargo & Company upgraded shares of BJ’s Wholesale Club from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $75.00 to $92.00 in a research report on Friday, August 23rd. Finally, Bank of America decreased their price target on BJ’s Wholesale Club from $95.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, August 23rd. Seven analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $86.07.

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.