Barclays PLC Acquires 150,662 Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Barclays PLC boosted its holdings in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 104.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 295,314 shares of the company's stock after purchasing an additional 150,662 shares during the period. Barclays PLC owned about 0.22% of BJ's Wholesale Club worth $26,386,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Sagespring Wealth Partners LLC bought a new position in shares of BJ's Wholesale Club in the fourth quarter worth approximately $384,000. Townsquare Capital LLC raised its position in BJ's Wholesale Club by 9.3% in the 4th quarter. Townsquare Capital LLC now owns 53,926 shares of the company's stock worth $4,818,000 after buying an additional 4,578 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in BJ's Wholesale Club by 9.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 682,616 shares of the company's stock worth $60,992,000 after buying an additional 57,411 shares during the last quarter. Covestor Ltd grew its stake in shares of BJ's Wholesale Club by 66.5% during the 4th quarter. Covestor Ltd now owns 288 shares of the company's stock valued at $26,000 after purchasing an additional 115 shares during the period. Finally, Treasurer of the State of North Carolina boosted its stake in shares of BJ's Wholesale Club by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 57,998 shares of the company's stock worth $5,182,000 after acquiring an additional 360 shares during the last quarter. Hedge funds and other institutional investors own 98.60% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Evercore ISI lowered their target price on shares of BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating on the stock in a research note on Tuesday, April 1st. Wells Fargo & Company reiterated an "overweight" rating on shares of BJ's Wholesale Club in a report on Friday, March 7th. Loop Capital boosted their price objective on shares of BJ's Wholesale Club from $95.00 to $110.00 and gave the company a "hold" rating in a research report on Friday, March 7th. The Goldman Sachs Group lifted their price target 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. Finally, JPMorgan Chase & Co. boosted their target price on BJ's Wholesale Club from $87.00 to $101.00 and gave the stock a "neutral" rating in a research note on Monday, March 3rd. Seven investment 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, BJ's Wholesale Club presently has a consensus rating of "Moderate Buy" and a consensus price target of $110.82.

Insider Activity at BJ's Wholesale Club

In other news, CEO Robert W. Eddy sold 280,400 shares of BJ's Wholesale Club stock in a transaction that occurred on 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 completion of the sale, the chief executive officer now directly owns 422,033 shares in the company, valued at approximately $48,242,592.23. The trade was a 39.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Joseph Mcgrail sold 2,100 shares of the business's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $119.74, for a total transaction of $251,454.00. Following the completion of the sale, the senior vice president now directly owns 14,240 shares in the company, valued at approximately $1,705,097.60. This represents a 12.85 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 328,505 shares of company stock worth $37,452,686. 2.00% of the stock is currently owned by company insiders.

BJ's Wholesale Club Price Performance

BJ traded down $1.49 during trading on Thursday, reaching $112.55. The stock had a trading volume of 572,350 shares, compared to its average volume of 1,643,895. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $73.93 and a 1-year high of $121.10. The stock has a 50 day moving average of $110.65 and a two-hundred day moving average of $99.28. The firm has a market capitalization of $14.82 billion, a price-to-earnings ratio of 27.06, a price-to-earnings-growth ratio of 4.50 and a beta of 0.54. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.07. The firm had revenue of $5.28 billion during 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 anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

About BJ's Wholesale Club

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.