BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) EVP Paul Cichocki Sells 43,825 Shares

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) EVP Paul Cichocki sold 43,825 shares of the firm's stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $106.65, for a total transaction of $4,673,936.25. Following the completion of the sale, the executive vice president directly owned 172,563 shares in the company, valued at $18,403,843.95. This represents a 20.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

BJ's Wholesale Club Stock Performance

BJ's Wholesale Club stock traded up $1.20 during mid-day trading on Thursday, reaching $105.21. The company's stock had a trading volume of 1,451,185 shares, compared to its average volume of 1,685,421. The company has a current ratio of 0.77, a quick ratio of 0.14 and a debt-to-equity ratio of 0.20. BJ's Wholesale Club Holdings, Inc. has a twelve month low of $76.33 and a twelve month high of $121.10. The business has a 50 day moving average price of $111.11 and a 200-day moving average price of $108.01. The firm has a market cap of $13.89 billion, a price-to-earnings ratio of 24.47, a PEG ratio of 2.91 and a beta of 0.45.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings results on Thursday, May 22nd. The company reported $1.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.91 by $0.23. BJ's Wholesale Club had a net margin of 2.76% and a return on equity of 31.98%. The company had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.18 billion. During the same period last year, the firm posted $0.85 EPS. The company's revenue for the quarter was up 4.8% on a year-over-year basis. Sell-side analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on BJ. UBS Group reaffirmed a "buy" rating and issued a $135.00 target price (up from $129.00) on shares of BJ's Wholesale Club in a research report on Friday, May 23rd. Roth Capital reissued a "neutral" rating and issued a $106.00 price objective (up previously from $101.00) on shares of BJ's Wholesale Club in a research report on Wednesday, May 28th. Wall Street Zen upgraded shares of BJ's Wholesale Club from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. Robert W. Baird increased their price target on BJ's Wholesale Club from $125.00 to $130.00 and gave the company an "outperform" rating in a report on Friday, May 23rd. Finally, Morgan Stanley raised their price objective on BJ's Wholesale Club from $115.00 to $125.00 and gave the company an "equal weight" rating in a research report on Friday, May 23rd. Eight investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $116.12.

Institutional Trading of BJ's Wholesale Club

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of New York Mellon Corp raised its stake in shares of BJ's Wholesale Club by 199.7% in the 1st quarter. Bank of New York Mellon Corp now owns 2,986,494 shares of the company's stock worth $340,759,000 after buying an additional 1,989,980 shares in the last quarter. Bessemer Group Inc. grew its holdings in shares of BJ's Wholesale Club by 65.9% during the first quarter. Bessemer Group Inc. now owns 4,186,760 shares of the company's stock valued at $477,709,000 after buying an additional 1,662,415 shares in the last quarter. Select Equity Group L.P. increased its stake in BJ's Wholesale Club by 1,230.1% in the 1st quarter. Select Equity Group L.P. now owns 1,739,337 shares of the company's stock valued at $198,458,000 after buying an additional 1,608,571 shares during the period. Norges Bank purchased a new position in BJ's Wholesale Club in the fourth quarter valued at about $135,344,000. Finally, Alliancebernstein L.P. increased its position in BJ's Wholesale Club by 658.6% in the 4th quarter. Alliancebernstein L.P. now owns 1,523,218 shares of the company's stock worth $136,100,000 after purchasing an additional 1,322,425 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

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.