BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) CEO Robert W. Eddy Sells 17,900 Shares

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) CEO Robert W. Eddy sold 17,900 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $111.98, for a total value of $2,004,442.00. Following the transaction, the chief executive officer now directly owns 386,233 shares in the company, valued at $43,250,371.34. The trade was a 4.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

BJ's Wholesale Club Stock Performance

NYSE BJ traded up $2.39 on Friday, hitting $111.45. 868,204 shares of the stock traded hands, compared to its average volume of 1,665,578. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. The business's fifty day moving average is $115.00 and its two-hundred day moving average is $105.19. BJ's Wholesale Club Holdings, Inc. has a 12 month low of $76.33 and a 12 month high of $121.10. The firm has a market capitalization of $14.67 billion, a price-to-earnings ratio of 26.79, a PEG ratio of 4.50 and a beta of 0.59.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its quarterly earnings data on Thursday, May 22nd. The company reported $1.14 EPS for the quarter, beating the consensus estimate of $0.91 by $0.23. The business had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.18 billion. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The company's revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.85 earnings per share. As a group, equities analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Blue Trust Inc. boosted its holdings in shares of BJ's Wholesale Club by 120.7% in the fourth quarter. Blue Trust Inc. now owns 1,905 shares of the company's stock worth $157,000 after acquiring an additional 1,042 shares during the period. Golden State Equity Partners lifted its holdings in BJ's Wholesale Club by 39.0% during the 4th quarter. Golden State Equity Partners now owns 2,297 shares of the company's stock worth $205,000 after purchasing an additional 645 shares in the last quarter. Greenleaf Trust bought a new position in BJ's Wholesale Club in the 4th quarter worth about $210,000. Alliance Wealth Advisors LLC UT grew its holdings in BJ's Wholesale Club by 6.0% during the 4th quarter. Alliance Wealth Advisors LLC UT now owns 11,309 shares of the company's stock valued at $1,010,000 after buying an additional 640 shares in the last quarter. Finally, Trust Point Inc. grew its holdings in BJ's Wholesale Club by 49.8% during the 4th quarter. Trust Point Inc. now owns 4,460 shares of the company's stock valued at $398,000 after buying an additional 1,483 shares in the last quarter. 98.60% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on BJ. JPMorgan Chase & Co. upped their target price on shares of BJ's Wholesale Club from $109.00 to $123.00 and gave the stock a "neutral" rating in a report on Friday, May 9th. DA Davidson increased their price objective on BJ's Wholesale Club from $130.00 to $140.00 and gave the stock a "buy" rating in a research note on Friday, May 23rd. Wall Street Zen upgraded BJ's Wholesale Club from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. The Goldman Sachs Group upped their price target on BJ's Wholesale Club from $102.00 to $121.00 and gave the stock a "buy" rating in a report on Monday, March 10th. Finally, Wells Fargo & Company reissued an "overweight" rating and issued a $127.00 price target (up from $125.00) on shares of BJ's Wholesale Club in a research report on Friday, May 23rd. Eight equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $116.12.

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.