BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by First Trust Advisors LP

First Trust Advisors LP lowered its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 12.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 123,868 shares of the company's stock after selling 16,841 shares during the period. First Trust Advisors LP owned approximately 0.09% of BJ's Wholesale Club worth $11,068,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Covestor Ltd lifted its stake in BJ's Wholesale Club by 66.5% in the 4th quarter. Covestor Ltd now owns 288 shares of the company's stock valued at $26,000 after buying an additional 115 shares in the last quarter. Tortoise Investment Management LLC lifted its position in shares of BJ's Wholesale Club by 78.7% in the fourth quarter. Tortoise Investment Management LLC now owns 529 shares of the company's stock valued at $47,000 after acquiring an additional 233 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in shares of BJ's Wholesale Club by 652.9% during the fourth quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company's stock valued at $47,000 after acquiring an additional 457 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in BJ's Wholesale Club in the 3rd quarter valued at about $55,000. Finally, UMB Bank n.a. raised its stake in BJ's Wholesale Club by 68.2% in the 4th quarter. UMB Bank n.a. now owns 624 shares of the company's stock valued at $56,000 after purchasing an additional 253 shares during the last quarter. 98.60% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BJ has been the topic of several analyst reports. Robert W. Baird raised their price target on shares of BJ's Wholesale Club from $115.00 to $125.00 and gave the stock an "outperform" rating in a research note on Friday, March 7th. Loop Capital raised their target price on shares of BJ's Wholesale Club from $95.00 to $110.00 and gave the stock a "hold" rating in a research report on Friday, March 7th. Morgan Stanley boosted their price target on BJ's Wholesale Club from $98.00 to $115.00 and gave the company an "equal weight" rating in a report on Friday, March 7th. DA Davidson upped their target price on BJ's Wholesale Club from $123.00 to $130.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Finally, Evercore ISI dropped their price target on shares of BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating for the company in a research report on Tuesday, April 1st. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat, BJ's Wholesale Club has a consensus rating of "Moderate Buy" and a consensus target price of $110.82.

Insider Activity

In other BJ's Wholesale Club news, SVP Joseph Mcgrail sold 2,100 shares of the company's stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $119.74, for a total value of $251,454.00. Following the transaction, the senior vice president now directly owns 14,240 shares of the company's stock, valued at $1,705,097.60. This represents a 12.85 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Robert Allan Steele sold 11,813 shares of the firm'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 sale, the director now directly owns 24,351 shares of the company's stock, valued at $2,619,924.09. The trade was a 32.67 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, 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 Stock Down 0.2 %

Shares of BJ traded down $0.21 during midday trading on Thursday, reaching $117.35. 836,096 shares of the company were exchanged, compared to its average volume of 1,645,421. 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 price of $111.68 and a 200-day moving average price of $100.22. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. The company has a market cap of $15.45 billion, a price-to-earnings ratio of 28.27, a P/E/G ratio of 4.50 and a beta of 0.54.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The company reported $0.93 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $5.29 billion. Research analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

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.