BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Bought by Tidal Investments LLC

Tidal Investments LLC boosted its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 553.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 241,763 shares of the company's stock after buying an additional 204,747 shares during the quarter. Tidal Investments LLC owned approximately 0.18% of BJ's Wholesale Club worth $21,602,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State of Wyoming acquired a new stake in BJ's Wholesale Club during the fourth quarter valued at $69,000. Select Equity Group L.P. purchased a new position in BJ's Wholesale Club during the fourth quarter valued at $11,684,000. Shay Capital LLC purchased a new position in BJ's Wholesale Club during the fourth quarter valued at $223,000. Shellback Capital LP lifted its holdings in BJ's Wholesale Club by 17.1% during the fourth quarter. Shellback Capital LP now owns 68,437 shares of the company's stock valued at $6,115,000 after purchasing an additional 10,000 shares in the last quarter. Finally, Prana Capital Management LP purchased a new position in BJ's Wholesale Club during the fourth quarter valued at $8,157,000. Institutional investors and hedge funds own 98.60% of the company's stock.

BJ's Wholesale Club Price Performance

Shares of BJ stock opened at $116.65 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. The firm's 50-day moving average is $113.95 and its two-hundred day moving average is $102.87. BJ's Wholesale Club Holdings, Inc. has a 12 month low of $76.33 and a 12 month high of $121.10. The company has a market capitalization of $15.36 billion, a PE ratio of 28.04, a price-to-earnings-growth ratio of 4.50 and a beta of 0.59.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its earnings results on Thursday, March 6th. The company reported $0.93 EPS for the quarter, topping analysts' consensus estimates of $0.86 by $0.07. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The company had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $5.29 billion. Analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have issued reports on BJ. UBS Group decreased their price objective on shares of BJ's Wholesale Club from $130.00 to $129.00 and set a "buy" rating on the stock in a report on Friday. DA Davidson increased their price objective on shares of BJ's Wholesale Club from $123.00 to $130.00 and gave the company a "buy" rating in a report on Friday, March 7th. Citigroup raised shares of BJ's Wholesale Club from a "neutral" rating to a "buy" rating and increased their price objective for the company from $115.00 to $130.00 in a report on Thursday, April 3rd. Argus raised shares of BJ's Wholesale Club to a "hold" rating in a report on Friday, April 4th. Finally, Loop Capital increased their price objective on shares of BJ's Wholesale Club from $95.00 to $110.00 and gave the company a "hold" rating in a report on Friday, March 7th. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $112.06.

Insider Buying and Selling at BJ's Wholesale Club

In other BJ's Wholesale Club news, SVP Joseph Mcgrail sold 2,100 shares of BJ's Wholesale Club stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $119.74, for a total transaction of $251,454.00. Following the completion of the sale, 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 at the SEC website. Also, CEO Robert W. Eddy sold 280,400 shares of BJ's Wholesale Club stock in a transaction dated 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 of the company's stock, valued at approximately $48,242,592.23. This represents a 39.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 328,505 shares of company stock worth $37,452,686 over the last three months. Insiders own 2.00% 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.

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