Ellevest Inc. Makes New Investment in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Ellevest Inc. purchased a new stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,599 shares of the company's stock, valued at approximately $232,000.

Several other institutional investors have also bought and sold shares of the business. Ensign Peak Advisors Inc grew its holdings in BJ's Wholesale Club by 17.2% during the 4th quarter. Ensign Peak Advisors Inc now owns 61,206 shares of the company's stock valued at $5,469,000 after purchasing an additional 8,980 shares during the last quarter. Ethic Inc. boosted its position in shares of BJ's Wholesale Club by 254.7% during the fourth quarter. Ethic Inc. now owns 25,762 shares of the company's stock valued at $2,302,000 after buying an additional 18,498 shares during the period. FORA Capital LLC bought a new position in shares of BJ's Wholesale Club during the fourth quarter valued at approximately $936,000. Deutsche Bank AG grew its stake in shares of BJ's Wholesale Club by 3,526.9% during the fourth quarter. Deutsche Bank AG now owns 595,571 shares of the company's stock valued at $53,214,000 after buying an additional 579,150 shares during the last quarter. Finally, Dean Capital Management raised its holdings in shares of BJ's Wholesale Club by 2.0% in the fourth quarter. Dean Capital Management now owns 18,845 shares of the company's stock worth $1,684,000 after buying an additional 375 shares during the period. Institutional investors own 98.60% of the company's stock.

Analyst Ratings Changes

BJ has been the subject of several research analyst reports. DA Davidson lifted their target price on BJ's Wholesale Club from $123.00 to $130.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Evercore ISI decreased their price objective on shares of BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating for the company in a report on Tuesday, April 1st. Robert W. Baird upped their target price 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. The Goldman Sachs Group raised their target price on shares of BJ's Wholesale Club from $102.00 to $121.00 and gave the stock a "buy" rating in a research report on Monday, March 10th. Finally, Argus upgraded BJ's Wholesale Club to a "hold" rating in a report on Friday, April 4th. Seven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $112.12.

Insiders Place Their Bets

In related news, SVP Joseph Mcgrail sold 2,100 shares of the business's stock in a transaction 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 completion of the transaction, the senior vice president now directly 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 document filed with the SEC, which is available at the SEC website. Also, CEO Robert W. Eddy sold 280,400 shares of the firm'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 sale, the chief executive officer now owns 422,033 shares in the company, valued at approximately $48,242,592.23. This represents a 39.92% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 328,505 shares of company stock valued at $37,452,686. Company insiders own 2.00% of the company's stock.

BJ's Wholesale Club Stock Down 3.5%

Shares of BJ's Wholesale Club stock traded down $3.86 during trading on Tuesday, reaching $107.85. The company's stock had a trading volume of 2,717,843 shares, compared to its average volume of 1,658,543. The company has a 50-day simple moving average of $114.09 and a two-hundred day simple moving average of $102.18. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $76.33 and a 1-year high of $121.10. The company has a market cap of $14.20 billion, a price-to-earnings ratio of 25.93, a P/E/G ratio of 4.50 and a beta of 0.59. 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 (NYSE:BJ - Get Free Report) last released its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.07. The company had revenue of $5.28 billion for the quarter, compared to the consensus estimate 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 analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

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.