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

111 Capital bought a new stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,936 shares of the company's stock, valued at approximately $352,000.

Several other institutional investors also recently bought and sold shares of BJ. Norges Bank purchased a new position in shares of BJ's Wholesale Club in the 4th quarter worth $135,344,000. Alliancebernstein L.P. boosted its stake in shares of 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 buying an additional 1,322,425 shares during the last quarter. Raymond James Financial Inc. bought a new position in BJ's Wholesale Club in the 4th quarter worth $85,550,000. Deutsche Bank AG raised its holdings in BJ's Wholesale Club by 3,526.9% in the 4th quarter. Deutsche Bank AG now owns 595,571 shares of the company's stock worth $53,214,000 after purchasing an additional 579,150 shares during the period. Finally, Franklin Resources Inc. raised its holdings in BJ's Wholesale Club by 10.6% in the 4th quarter. Franklin Resources Inc. now owns 5,268,889 shares of the company's stock worth $470,775,000 after purchasing an additional 504,958 shares during the period. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ's Wholesale Club Stock Performance

NYSE BJ traded down $0.98 during trading hours on Tuesday, reaching $110.72. The company's stock had a trading volume of 388,329 shares, compared to its average volume of 1,660,232. 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 business has a 50-day simple moving average of $115.14 and a 200 day simple moving average of $104.94. BJ's Wholesale Club Holdings, Inc. has a 52 week low of $76.33 and a 52 week high of $121.10. The stock has a market cap of $14.58 billion, a PE ratio of 26.62, a PEG ratio of 4.50 and a beta of 0.59.

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, beating the consensus estimate of $0.91 by $0.23. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The company had revenue of $5.15 billion for the quarter, compared to analysts' expectations of $5.18 billion. During the same quarter in the prior year, the company earned $0.85 earnings per share. The firm's revenue was up 4.8% on a year-over-year basis. Equities research analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Insider Buying and Selling

In other BJ's Wholesale Club news, Director Steven L. Ortega purchased 1,740 shares of the stock in a transaction on Tuesday, May 27th. The shares were purchased at an average cost of $114.60 per share, for a total transaction of $199,404.00. Following the purchase, the director now owns 8,641 shares of the company's stock, valued at approximately $990,258.60. This represents a 25.21% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert Allan Steele sold 11,813 shares of BJ's Wholesale Club stock in a transaction dated 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. Insiders sold 328,505 shares of company stock valued at $37,452,686 over the last quarter. Corporate insiders own 1.40% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on BJ. Wall Street Zen raised BJ's Wholesale Club from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th. Evercore ISI dropped their target price on 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. Morgan Stanley boosted their price objective on BJ's Wholesale Club from $115.00 to $125.00 and gave the company an "equal weight" rating in a report on Friday, May 23rd. Wells Fargo & Company restated an "overweight" rating and set a $127.00 price objective (up previously from $125.00) on shares of BJ's Wholesale Club in a report on Friday, May 23rd. Finally, The Goldman Sachs Group upped their target price on BJ's Wholesale Club from $102.00 to $121.00 and gave the stock a "buy" rating in a report on Monday, March 10th. Eight equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $116.12.

About BJ's Wholesale Club

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.