BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Swiss National Bank

Swiss National Bank trimmed its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 1.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 255,900 shares of the company's stock after selling 4,900 shares during the period. Swiss National Bank owned approximately 0.19% of BJ's Wholesale Club worth $29,198,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp grew its position in shares of BJ's Wholesale Club by 199.7% in the first quarter. Bank of New York Mellon Corp now owns 2,986,494 shares of the company's stock valued at $340,759,000 after purchasing an additional 1,989,980 shares during the last quarter. Bessemer Group Inc. grew its position in BJ's Wholesale Club by 65.9% during the first quarter. Bessemer Group Inc. now owns 4,186,760 shares of the company's stock worth $477,709,000 after buying an additional 1,662,415 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in BJ's Wholesale Club by 29.8% during the first quarter. Massachusetts Financial Services Co. MA now owns 3,228,685 shares of the company's stock worth $368,393,000 after buying an additional 741,782 shares in the last quarter. Woodley Farra Manion Portfolio Management Inc. acquired a new stake in BJ's Wholesale Club during the first quarter worth approximately $79,292,000. Finally, GAMMA Investing LLC grew its position in BJ's Wholesale Club by 17,333.9% during the first quarter. GAMMA Investing LLC now owns 689,164 shares of the company's stock worth $78,634,000 after buying an additional 685,211 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors.

BJ's Wholesale Club Price Performance

NYSE BJ traded up $0.45 on Friday, reaching $103.31. The company had a trading volume of 2,620,709 shares, compared to its average volume of 1,789,876. The company has a quick ratio of 0.14, a current ratio of 0.77 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $13.64 billion, a PE ratio of 24.03, a price-to-earnings-growth ratio of 2.86 and a beta of 0.43. The firm's 50 day moving average price is $107.73 and its 200 day moving average price is $109.93. BJ's Wholesale Club Holdings, Inc. has a 12 month low of $76.33 and a 12 month high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its earnings results on Thursday, May 22nd. The company reported $1.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.91 by $0.23. The firm had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.18 billion. BJ's Wholesale Club had a net margin of 2.76% and a return on equity of 31.98%. The business's quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.85 EPS. As a group, equities analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on BJ shares. Gordon Haskett downgraded BJ's Wholesale Club from a "buy" rating to a "hold" rating and set a $105.00 price target on the stock. in a research report on Friday. Citigroup increased their price target on BJ's Wholesale Club from $40.00 to $43.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. Robert W. Baird increased their price target on BJ's Wholesale Club from $125.00 to $130.00 and gave the stock an "outperform" rating in a research report on Friday, May 23rd. DA Davidson raised their target price on BJ's Wholesale Club from $130.00 to $140.00 and gave the company a "buy" rating in a report on Friday, May 23rd. Finally, UBS Group reissued a "buy" rating and set a $135.00 price objective on shares of BJ's Wholesale Club in a report on Wednesday. Eleven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $111.06.

Insider Buying and Selling at BJ's Wholesale Club

In related news, EVP Paul Cichocki sold 58,436 shares of the stock in a transaction on Friday, August 1st. The shares were sold at an average price of $110.08, for a total transaction of $6,432,634.88. Following the sale, the executive vice president directly owned 114,127 shares of the company's stock, valued at approximately $12,563,100.16. This represents a 33.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Robert W. Eddy sold 17,900 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $107.08, for a total transaction of $1,916,732.00. Following the sale, the chief executive officer directly owned 368,333 shares in the company, valued at $39,441,097.64. This trade represents a 4.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 138,061 shares of company stock valued at $15,027,745 in the last three months. Company insiders own 1.40% of the company's stock.

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.