BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Holdings Boosted by AQR Capital Management LLC

AQR Capital Management LLC grew its holdings in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 923.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 405,276 shares of the company's stock after purchasing an additional 365,658 shares during the period. AQR Capital Management LLC owned about 0.31% of BJ's Wholesale Club worth $36,163,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of BJ. Franklin Resources Inc. grew its holdings in shares of BJ's Wholesale Club by 10.6% in the fourth quarter. Franklin Resources Inc. now owns 5,268,889 shares of the company's stock valued at $470,775,000 after purchasing an additional 504,958 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its holdings in BJ's Wholesale Club by 1.0% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,331,379 shares of the company's stock valued at $387,009,000 after acquiring an additional 43,106 shares during the last quarter. JPMorgan Chase & Co. increased its position in BJ's Wholesale Club by 2.9% during the 4th quarter. JPMorgan Chase & Co. now owns 2,571,996 shares of the company's stock worth $229,808,000 after purchasing an additional 73,322 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in BJ's Wholesale Club by 4.2% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,486,903 shares of the company's stock worth $222,205,000 after buying an additional 99,311 shares in the last quarter. Finally, Clearbridge Investments LLC lifted its holdings in BJ's Wholesale Club by 11.8% during the 4th quarter. Clearbridge Investments LLC now owns 2,330,361 shares of the company's stock worth $208,218,000 after buying an additional 245,731 shares during the last quarter. 98.60% of the stock is owned by institutional investors.

Insider Activity at BJ's Wholesale Club

In related news, CEO Robert W. Eddy sold 280,400 shares of the stock in a transaction dated Monday, April 7th. The shares were sold at an average price of $114.31, for a total value of $32,052,524.00. Following the sale, the chief executive officer now directly owns 422,033 shares of the company's stock, valued at approximately $48,242,592.23. This represents a 39.92 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert Allan Steele sold 11,813 shares of the company's stock in a transaction that occurred on 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 transaction, the director now directly owns 24,351 shares of the company's stock, valued at $2,619,924.09. This trade represents a 32.67 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 328,505 shares of company stock worth $37,452,686. 2.00% of the stock is owned by corporate insiders.

BJ's Wholesale Club Stock Down 2.8 %

BJ's Wholesale Club stock traded down $3.32 during trading hours on Thursday, hitting $116.06. The stock had a trading volume of 625,612 shares, compared to its average volume of 1,638,359. BJ's Wholesale Club Holdings, Inc. has a 12-month low of $75.75 and a 12-month high of $121.10. The stock's 50-day moving average price is $113.36 and its 200-day moving average price is $101.33. 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 has a market capitalization of $15.28 billion, a P/E ratio of 27.94, a price-to-earnings-growth ratio of 4.50 and a beta of 0.59.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its earnings results on Thursday, March 6th. The company reported $0.93 EPS for the quarter, topping analysts' consensus estimates of $0.86 by $0.07. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The firm had revenue of $5.28 billion during the quarter, compared to analysts' expectations of $5.29 billion. Equities research analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Citigroup upgraded shares of BJ's Wholesale Club from a "neutral" rating to a "buy" rating and raised their price objective for the company from $115.00 to $130.00 in a research note on Thursday, April 3rd. JPMorgan Chase & Co. raised their price target on shares of BJ's Wholesale Club from $87.00 to $101.00 and gave the stock a "neutral" rating in a report on Monday, March 3rd. Loop Capital lifted their target price on shares of BJ's Wholesale Club from $95.00 to $110.00 and gave the company a "hold" rating in a research note on Friday, March 7th. DA Davidson boosted their price objective on shares of BJ's Wholesale Club from $123.00 to $130.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Finally, Barclays boosted their price target on BJ's Wholesale Club from $80.00 to $115.00 and gave the company an "equal weight" rating in a research note on Monday, March 10th. Seven research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $110.82.

BJ's Wholesale Club 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.