BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Holdings Cut by Nuveen Asset Management LLC

Nuveen Asset Management LLC decreased its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 11.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 298,523 shares of the company's stock after selling 39,955 shares during the period. Nuveen Asset Management LLC owned approximately 0.23% of BJ's Wholesale Club worth $26,673,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Barclays PLC increased its stake in BJ's Wholesale Club by 118.6% during the 3rd quarter. Barclays PLC now owns 144,652 shares of the company's stock valued at $11,931,000 after buying an additional 78,470 shares during the period. Merit Financial Group LLC acquired a new position in BJ's Wholesale Club during the 4th quarter valued at about $272,000. HB Wealth Management LLC acquired a new position in BJ's Wholesale Club during the 4th quarter valued at about $221,000. UMB Bank n.a. increased its stake in BJ's Wholesale Club by 68.2% during the 4th quarter. UMB Bank n.a. now owns 624 shares of the company's stock valued at $56,000 after buying an additional 253 shares during the period. Finally, Daymark Wealth Partners LLC increased its stake in BJ's Wholesale Club by 5.4% during the 4th quarter. Daymark Wealth Partners LLC now owns 3,544 shares of the company's stock valued at $317,000 after buying an additional 182 shares during the period. Institutional investors own 98.60% of the company's stock.

Insiders Place Their Bets

In other BJ's Wholesale Club news, EVP William C. Werner sold 20,000 shares of the stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $110.41, for a total value of $2,208,200.00. Following the completion of the sale, the executive vice president now owns 31,308 shares in the company, valued at $3,456,716.28. This represents a 38.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert Allan Steele sold 11,813 shares of the stock in a transaction that occurred on 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 completion of the sale, the director now owns 24,351 shares of the company's stock, valued at approximately $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 a total of 328,505 shares of company stock worth $37,452,686 over the last ninety days. 1.40% of the stock is currently owned by company insiders.

BJ's Wholesale Club Trading Down 1.4%

Shares of BJ traded down $1.66 during midday trading on Wednesday, hitting $113.29. The stock had a trading volume of 182,078 shares, compared to its average volume of 1,666,277. BJ's Wholesale Club Holdings, Inc. has a fifty-two week low of $76.33 and a fifty-two week high of $121.10. The business has a 50-day simple moving average of $115.00 and a two-hundred day simple moving average of $104.17. The firm has a market cap of $14.92 billion, a P/E ratio of 27.21, a price-to-earnings-growth ratio of 4.50 and a beta of 0.59. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its earnings results on Thursday, May 22nd. The company reported $1.14 EPS for the quarter, topping the consensus estimate of $0.91 by $0.23. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The company had revenue of $5.15 billion during the quarter, compared to analysts' expectations of $5.18 billion. During the same period last year, the company posted $0.85 earnings per share. The business's revenue for the quarter was up 4.8% on a year-over-year basis. As a group, equities analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Analyst Upgrades and Downgrades

BJ has been the topic of several research analyst reports. Wells Fargo & Company reissued an "overweight" rating and set a $127.00 target price (up previously from $125.00) on shares of BJ's Wholesale Club in a research note on Friday, May 23rd. Loop Capital reissued a "hold" rating and set a $120.00 target price (up previously from $110.00) on shares of BJ's Wholesale Club in a research note on Friday, May 23rd. DA Davidson raised their target price on shares of BJ's Wholesale Club from $130.00 to $140.00 and gave the company a "buy" rating in a research note on Friday, May 23rd. Morgan Stanley lifted their price objective on shares of BJ's Wholesale Club from $115.00 to $125.00 and gave the stock an "equal weight" rating in a research note on Friday, May 23rd. Finally, Robert W. Baird lifted their price objective on shares of BJ's Wholesale Club from $125.00 to $130.00 and gave the stock an "outperform" rating in a research note on Friday, May 23rd. Seven research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, BJ's Wholesale Club has an average rating of "Moderate Buy" and a consensus price target of $116.75.

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.