BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Yorktown Management & Research Co Inc

Yorktown Management & Research Co Inc cut its stake in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 42.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,740 shares of the company's stock after selling 4,260 shares during the quarter. BJ's Wholesale Club accounts for about 0.7% of Yorktown Management & Research Co Inc's investment portfolio, making the stock its 28th largest holding. Yorktown Management & Research Co Inc's holdings in BJ's Wholesale Club were worth $655,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in BJ. Covestor Ltd grew its position in BJ's Wholesale Club by 66.5% during the fourth quarter. Covestor Ltd now owns 288 shares of the company's stock valued at $26,000 after buying an additional 115 shares during the period. Tortoise Investment Management LLC grew its position in BJ's Wholesale Club by 78.7% during the fourth quarter. Tortoise Investment Management LLC now owns 529 shares of the company's stock valued at $47,000 after buying an additional 233 shares during the period. Brown Brothers Harriman & Co. grew its position 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 during the period. Continuum Advisory LLC grew its position in BJ's Wholesale Club by 1,515.6% during the first quarter. Continuum Advisory LLC now owns 517 shares of the company's stock valued at $59,000 after buying an additional 485 shares during the period. Finally, State of Wyoming bought a new stake in BJ's Wholesale Club during the fourth quarter valued at approximately $69,000. 98.60% of the stock is currently owned by institutional investors.

BJ's Wholesale Club Price Performance

NYSE BJ traded up $0.91 on Friday, reaching $114.40. The company had a trading volume of 2,322,880 shares, compared to its average volume of 1,672,770. 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 $15.11 billion, a PE ratio of 26.60, a price-to-earnings-growth ratio of 3.33 and a beta of 0.47. The firm's 50 day moving average price is $113.39 and its 200 day moving average price is $106.94. 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 announced its quarterly earnings results on Thursday, May 22nd. The company reported $1.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.91 by $0.23. The company 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%. BJ's Wholesale Club's revenue for the quarter was up 4.8% compared to the same quarter last year. 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.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on BJ shares. UBS Group restated a "buy" rating and set a $135.00 target price (up from $129.00) on shares of BJ's Wholesale Club in a research report on Friday, May 23rd. Evercore ISI cut their target price on shares of BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating for the company in a research report on Tuesday, April 1st. Robert W. Baird boosted their target price on shares of BJ's Wholesale Club from $125.00 to $130.00 and gave the company an "outperform" rating in a research report on Friday, May 23rd. Cowen restated a "buy" rating on shares of BJ's Wholesale Club in a research report on Friday, March 7th. Finally, Barclays lifted their price target on shares of BJ's Wholesale Club from $80.00 to $115.00 and gave the company an "equal weight" rating in a report on Monday, March 10th. Eight investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $116.12.

Insider Activity at BJ's Wholesale Club

In related news, CEO Robert W. Eddy sold 17,900 shares of the firm's stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $111.98, for a total transaction of $2,004,442.00. Following the sale, the chief executive officer now owns 386,233 shares in the company, valued at approximately $43,250,371.34. This trade represents a 4.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP William C. Werner sold 14,192 shares of the stock in a transaction on Thursday, April 3rd. The shares were sold at an average price of $117.64, for a total transaction of $1,669,546.88. Following the transaction, the executive vice president now directly owns 26,113 shares in the company, valued at approximately $3,071,933.32. The trade was a 35.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 314,592 shares of company stock worth $35,977,967. Insiders own 1.40% of the company's stock.

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.