BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Holdings Lowered by Invesco Ltd.

Invesco Ltd. lessened its stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 4.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 832,217 shares of the company's stock after selling 36,284 shares during the quarter. Invesco Ltd. owned approximately 0.63% of BJ's Wholesale Club worth $74,359,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of BJ. Tortoise Investment Management LLC raised its holdings in shares of BJ's Wholesale Club by 78.7% during the fourth quarter. Tortoise Investment Management LLC now owns 529 shares of the company's stock worth $47,000 after purchasing an additional 233 shares during the period. Brown Brothers Harriman & Co. boosted its stake in 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 buying an additional 457 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of BJ's Wholesale Club in the 3rd quarter worth approximately $55,000. UMB Bank n.a. increased its holdings in shares of 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 period. Finally, Aster Capital Management DIFC Ltd increased its stake in shares of BJ's Wholesale Club by 770.2% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,140 shares of the company's stock worth $102,000 after acquiring an additional 1,009 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at BJ's Wholesale Club

In other BJ's Wholesale Club news, SVP Joseph Mcgrail sold 2,100 shares of BJ's Wholesale Club stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $119.74, for a total value of $251,454.00. Following the completion of the sale, the senior vice president now owns 14,240 shares in the company, valued at $1,705,097.60. The trade was a 12.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert W. Eddy sold 280,400 shares of the business's 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 trade represents a 39.92 % 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 valued at $37,452,686. 2.00% of the stock is currently owned by corporate insiders.

BJ's Wholesale Club Stock Up 2.4 %

Shares of BJ's Wholesale Club stock traded up $2.74 on Friday, reaching $118.57. The stock had a trading volume of 1,883,776 shares, compared to its average volume of 1,642,309. The company has a 50 day moving average price of $110.18 and a 200 day moving average price of $98.68. 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 Holdings, Inc. has a 1 year low of $72.38 and a 1 year high of $121.10. The stock has a market capitalization of $15.61 billion, a P/E ratio of 28.50, 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, beating the consensus estimate of $0.86 by $0.07. The company had revenue of $5.28 billion for the quarter, compared to analyst estimates of $5.29 billion. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. As a group, equities research analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on BJ shares. Citigroup upgraded shares of BJ's Wholesale Club from a "neutral" rating to a "buy" rating and increased their price target for the stock from $115.00 to $130.00 in a research note on Thursday, April 3rd. JPMorgan Chase & Co. lifted their target price 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. Morgan Stanley upped their price target on shares of 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 lifted their price objective on 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, Wells Fargo & Company restated an "overweight" rating on shares of BJ's Wholesale Club in a research note on Friday, March 7th. Seven research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average 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.