DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Reduces Holdings in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main reduced its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 36.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 35,006 shares of the company's stock after selling 19,787 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in BJ's Wholesale Club were worth $3,128,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Covestor Ltd raised its holdings in shares of BJ's Wholesale Club by 66.5% in the 4th quarter. Covestor Ltd now owns 288 shares of the company's stock worth $26,000 after acquiring an additional 115 shares during the last quarter. Brown Brothers Harriman & Co. increased its holdings in BJ's Wholesale Club by 652.9% during the 4th quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company's stock worth $47,000 after purchasing an additional 457 shares in the last quarter. Tortoise Investment Management LLC raised its stake 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 worth $47,000 after purchasing an additional 233 shares during the last quarter. UMB Bank n.a. raised its stake in shares of BJ's Wholesale Club by 68.2% in the fourth quarter. UMB Bank n.a. now owns 624 shares of the company's stock worth $56,000 after purchasing an additional 253 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of BJ's Wholesale Club in the third quarter valued at approximately $55,000. 98.60% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other BJ's Wholesale Club news, SVP Joseph Mcgrail sold 2,100 shares of the stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $119.74, for a total value of $251,454.00. Following the sale, the senior vice president now directly owns 14,240 shares in the company, valued at $1,705,097.60. This represents a 12.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Robert W. Eddy sold 280,400 shares of the business's stock in a transaction on Monday, April 7th. The shares were sold at an average price of $114.31, for a total transaction of $32,052,524.00. Following the transaction, the chief executive officer now owns 422,033 shares of the company's stock, valued at $48,242,592.23. This trade represents a 39.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 328,505 shares of company stock valued at $37,452,686. Corporate insiders own 2.00% of the company's stock.

BJ's Wholesale Club Stock Performance

Shares of BJ stock traded down $3.86 on Tuesday, hitting $107.85. 2,717,843 shares of the stock were exchanged, compared to its average volume of 1,658,543. The firm has a market capitalization of $14.20 billion, a PE ratio of 25.93, a P/E/G ratio of 4.50 and a beta of 0.59. 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 firm's 50 day moving average is $114.09 and its two-hundred day moving average is $102.18. BJ's Wholesale Club Holdings, Inc. has a one year low of $76.33 and a one year high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.86 by $0.07. The business had revenue of $5.28 billion for the quarter, compared to analysts' expectations of $5.29 billion. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. Sell-side analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Wells Fargo & Company reissued an "overweight" rating on shares of BJ's Wholesale Club in a research report on Friday, March 7th. JPMorgan Chase & Co. increased their target price on shares of BJ's Wholesale Club from $109.00 to $123.00 and gave the company a "neutral" rating in a report on Friday. Evercore ISI cut their price target on shares of BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating on the stock in a report on Tuesday, April 1st. Robert W. Baird upped their price objective on shares of BJ's Wholesale Club from $115.00 to $125.00 and gave the stock an "outperform" rating in a research report on Friday, March 7th. Finally, The Goldman Sachs Group increased their price objective on shares of BJ's Wholesale Club from $102.00 to $121.00 and gave the company a "buy" rating in a research note on Monday, March 10th. Seven research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $112.12.

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.