BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC decreased its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 21.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,966 shares of the company’s stock after selling 795 shares during the quarter. Farther Finance Advisors LLC’s holdings in BJ’s Wholesale Club were worth $245,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BJ. Fifth Third Bancorp grew its stake in BJ’s Wholesale Club by 9.3% in the 2nd quarter. Fifth Third Bancorp now owns 1,461 shares of the company’s stock worth $128,000 after acquiring an additional 124 shares during the period. CWM LLC grew its holdings in BJ’s Wholesale Club by 7.4% during the 2nd quarter. CWM LLC now owns 1,863 shares of the company’s stock worth $164,000 after acquiring an additional 128 shares in the last quarter. OLD National Bancorp IN raised its stake in BJ’s Wholesale Club by 2.5% during the third quarter. OLD National Bancorp IN now owns 5,438 shares of the company’s stock valued at $449,000 after buying an additional 133 shares in the last quarter. Riverwater Partners LLC boosted its holdings in BJ’s Wholesale Club by 1.1% in the second quarter. Riverwater Partners LLC now owns 12,951 shares of the company’s stock worth $1,138,000 after purchasing an additional 135 shares during the period. Finally, Vista Investment Partners LLC lifted its holdings in BJ’s Wholesale Club by 0.3% in the third quarter. Vista Investment Partners LLC now owns 48,419 shares of the company’s stock worth $3,994,000 after acquiring an additional 147 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

Insider Activity

In related news, CEO Robert W. Eddy sold 11,000 shares of BJ’s Wholesale Club stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $85.47, for a total value of $940,170.00. Following the completion of the transaction, the chief executive officer now directly owns 423,792 shares of the company’s stock, valued at $36,221,502.24. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 11,000 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $85.47, for a total transaction of $940,170.00. Following the transaction, the chief executive officer now directly owns 423,792 shares in the company, valued at approximately $36,221,502.24. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Joseph Mcgrail sold 1,000 shares of the company’s stock in a transaction on Monday, August 26th. The shares were 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 of the company’s stock, valued at $1,133,710.62. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 34,000 shares of company stock worth $2,818,390. Insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on BJ shares. Melius Research initiated coverage on shares of BJ’s Wholesale Club in a research report on Monday, September 23rd. They set a “buy” rating and a $90.00 price target for the company. Bank of America cut their target price on BJ’s Wholesale Club from $95.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, August 23rd. Wells Fargo & Company upgraded BJ’s Wholesale Club from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $75.00 to $92.00 in a report on Friday, August 23rd. Roth Mkm increased their target price 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. Finally, JPMorgan Chase & Co. upgraded BJ’s Wholesale Club from an “underweight” rating to a “neutral” rating and increased their price objective for the stock from $76.00 to $78.00 in a report on Monday, August 26th. Six investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $87.33.

BJ’s Wholesale Club Stock Performance

NYSE BJ opened at $90.29 on Friday. The company’s fifty day moving average is $83.83 and its two-hundred day moving average is $84.48. 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 52-week low of $63.08 and a 52-week high of $92.37. The firm has a market capitalization of $11.97 billion, a price-to-earnings ratio of 22.80, a P/E/G ratio of 3.31 and a beta of 0.24.

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, topping the consensus estimate 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 firm had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.15 billion. During the same quarter in the prior year, the business posted $0.97 earnings per share. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. Equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.82 EPS for the current year.

BJ’s Wholesale Club 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.