Focus Partners Wealth Decreases Stock Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Focus Partners Wealth lessened its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 1.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 574,228 shares of the company’s stock after selling 6,228 shares during the period. Focus Partners Wealth owned 0.43% of BJ’s Wholesale Club worth $51,307,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Covestor Ltd grew its stake in BJ’s Wholesale Club by 66.5% during the 4th quarter. Covestor Ltd now owns 288 shares of the company’s stock worth $26,000 after buying an additional 115 shares during the last quarter. Tortoise Investment Management LLC grew its stake in shares of BJ’s Wholesale Club by 78.7% during the fourth quarter. Tortoise Investment Management LLC now owns 529 shares of the company’s stock worth $47,000 after acquiring an additional 233 shares during the last quarter. Brown Brothers Harriman & Co. increased its holdings in shares of BJ’s Wholesale Club by 652.9% during the fourth quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company’s stock valued at $47,000 after acquiring an additional 457 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of BJ’s Wholesale Club in the 3rd quarter valued at approximately $55,000. Finally, UMB Bank n.a. boosted its stake in BJ’s Wholesale Club by 68.2% in the 4th quarter. UMB Bank n.a. now owns 624 shares of the company’s stock worth $56,000 after purchasing an additional 253 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors.

BJ’s Wholesale Club Price Performance

NYSE:BJ opened at $114.75 on Friday. The stock has a market capitalization of $15.11 billion, a PE ratio of 27.58, a price-to-earnings-growth ratio of 4.50 and a beta of 0.59. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $76.33 and a 52 week high of $121.10. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. The stock’s 50-day moving average price is $113.94 and its 200-day moving average price is $101.84.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Thursday, March 6th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.86 by $0.07. The company had revenue of $5.28 billion for the quarter, compared to analyst estimates of $5.29 billion. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. As a group, equities analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BJ has been the subject of a number of research analyst reports. DA Davidson raised their price target on shares of BJ’s Wholesale Club from $123.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, March 7th. JPMorgan Chase & Co. lifted their price target on BJ’s Wholesale Club from $109.00 to $123.00 and gave the stock a “neutral” rating in a research report on Friday. The Goldman Sachs Group increased their price objective on BJ’s Wholesale Club from $102.00 to $121.00 and gave the company a “buy” rating in a report on Monday, March 10th. Loop Capital lifted their target price on BJ’s Wholesale Club from $95.00 to $110.00 and gave the stock a “hold” rating in a report on Friday, March 7th. Finally, UBS Group increased their price target on shares of BJ’s Wholesale Club from $108.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, March 7th. Seven research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $112.12.

Insider Buying and Selling

In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 2,100 shares of the stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $119.74, for a total transaction of $251,454.00. Following the transaction, the senior vice president now directly owns 14,240 shares of the company’s stock, valued at $1,705,097.60. This trade represents a 12.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert Allan Steele sold 11,813 shares of the business’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the sale, the director now directly owns 24,351 shares of the company’s stock, valued at $2,619,924.09. This represents a 32.67 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 328,505 shares of company stock valued at $37,452,686. 2.00% of the stock is owned by corporate insiders.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.