BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Sei Investments Co.

Sei Investments Co. cut its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 5.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 158,998 shares of the company’s stock after selling 8,880 shares during the period. Sei Investments Co. owned approximately 0.12% of BJ’s Wholesale Club worth $13,966,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Putnam Investments LLC increased its position in BJ’s Wholesale Club by 4.3% during the 4th quarter. Putnam Investments LLC now owns 3,647,981 shares of the company’s stock worth $243,174,000 after purchasing an additional 150,414 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of BJ’s Wholesale Club by 1.8% during the 1st quarter. Bessemer Group Inc. now owns 3,118,913 shares of the company’s stock valued at $235,946,000 after acquiring an additional 56,442 shares in the last quarter. Fiduciary Management Inc. WI boosted its position in BJ’s Wholesale Club by 17.6% during the 4th quarter. Fiduciary Management Inc. WI now owns 2,514,630 shares of the company’s stock worth $167,625,000 after purchasing an additional 377,019 shares during the period. Principal Financial Group Inc. boosted its position in BJ’s Wholesale Club by 17.2% during the 2nd quarter. Principal Financial Group Inc. now owns 1,624,781 shares of the company’s stock worth $142,721,000 after purchasing an additional 237,902 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in BJ’s Wholesale Club by 13.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,370,144 shares of the company’s stock valued at $120,351,000 after purchasing an additional 163,526 shares in the last quarter. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ’s Wholesale Club Price Performance

BJ opened at $82.02 on Friday. The company has a quick ratio of 0.15, a current ratio of 0.76 and a debt-to-equity ratio of 0.24. The company’s 50-day moving average price is $83.33 and its 200 day moving average price is $82.21. 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 $10.88 billion, a price-to-earnings ratio of 21.30, a price-to-earnings-growth ratio of 3.02 and a beta of 0.24.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results 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. BJ’s Wholesale Club had a return on equity of 36.12% and a net margin of 2.62%. The business had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.15 billion. During the same period in the prior year, the firm earned $0.97 EPS. The business’s quarterly revenue was up 4.9% on a year-over-year basis. As a group, sell-side analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.83 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on BJ shares. Wells Fargo & Company raised BJ’s Wholesale Club from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $75.00 to $92.00 in a research report on Friday, August 23rd. JPMorgan Chase & Co. raised shares of BJ’s Wholesale Club from an “underweight” rating to a “neutral” rating and lifted their price target for the stock from $76.00 to $78.00 in a research note on Monday, August 26th. Melius Research started 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 objective for the company. Loop Capital lifted their target price on BJ’s Wholesale Club from $80.00 to $85.00 and gave the stock a “hold” rating in a research report on Thursday, July 11th. Finally, Roth Mkm increased their price target 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. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $86.31.

Insider Buying and Selling at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 11,000 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 445,792 shares of the company’s stock, valued at approximately $35,395,884.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, SVP Joseph Mcgrail sold 1,000 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $83.57, for a total value of $83,570.00. Following the completion of the sale, the senior vice president now owns 13,566 shares of the company’s stock, valued at $1,133,710.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert W. Eddy sold 11,000 shares of the stock in a transaction dated 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 transaction, the chief executive officer now owns 445,792 shares of the company’s stock, valued at approximately $35,395,884.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 79,438 shares of company stock worth $6,980,938. 2.00% of the stock is owned by insiders.

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.