Yorktown Management & Research Co Inc Has $655,000 Position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Yorktown Management & Research Co Inc lowered its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 42.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,740 shares of the company's stock after selling 4,260 shares during the quarter. BJ's Wholesale Club makes up 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 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Covestor Ltd increased its holdings in shares of BJ's Wholesale Club by 66.5% in the fourth quarter. Covestor Ltd now owns 288 shares of the company's stock valued at $26,000 after purchasing an additional 115 shares during the last quarter. Tortoise Investment Management LLC grew its stake in BJ's Wholesale Club by 78.7% in the 4th 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 last quarter. Brown Brothers Harriman & Co. raised its holdings in BJ's Wholesale Club by 652.9% in the 4th quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company's stock valued at $47,000 after acquiring an additional 457 shares during the period. Continuum Advisory LLC lifted 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 worth $59,000 after acquiring an additional 485 shares during the last quarter. Finally, State of Wyoming bought a new stake in shares of BJ's Wholesale Club during the fourth quarter worth approximately $69,000. Institutional investors own 98.60% of the company's stock.

BJ's Wholesale Club Price Performance

NYSE:BJ traded down $0.62 on Tuesday, hitting $114.19. The company had a trading volume of 1,368,872 shares, compared to its average volume of 1,666,286. The firm has a 50 day moving average of $113.71 and a two-hundred day moving average of $106.61. The stock has a market capitalization of $15.08 billion, a price-to-earnings ratio of 26.56, a PEG ratio of 3.24 and a beta of 0.47. BJ's Wholesale Club Holdings, Inc. has a 52 week low of $76.33 and a 52 week high of $121.10. The company has a current ratio of 0.77, a quick ratio of 0.14 and a debt-to-equity ratio of 0.20.

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

Insider Activity

In other news, SVP Joseph Mcgrail sold 2,100 shares of the firm's stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $119.74, for a total transaction 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. This trade represents a 12.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert W. Eddy sold 17,900 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $111.98, for a total value of $2,004,442.00. Following the completion of the sale, the chief executive officer now owns 386,233 shares in the company, valued at $43,250,371.34. The trade was a 4.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 314,592 shares of company stock valued at $35,977,967. 1.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on BJ shares. Citigroup raised BJ's Wholesale Club from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $115.00 to $130.00 in a report on Thursday, April 3rd. Barclays lifted their price objective on shares of BJ's Wholesale Club from $80.00 to $115.00 and gave the stock an "equal weight" rating in a research note on Monday, March 10th. UBS Group restated a "buy" rating and set a $135.00 target price (up previously from $129.00) on shares of BJ's Wholesale Club in a research report on Friday, May 23rd. Argus upgraded shares of BJ's Wholesale Club to a "hold" rating in a research report on Friday, April 4th. Finally, DA Davidson increased their price target on BJ's Wholesale Club from $130.00 to $140.00 and gave the stock a "buy" rating in a research report on Friday, May 23rd. Eight research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $116.12.

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.