BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Stock Holdings Decreased by GSA Capital Partners LLP

GSA Capital Partners LLP lowered its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 40.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,991 shares of the company's stock after selling 6,837 shares during the quarter. GSA Capital Partners LLP's holdings in BJ's Wholesale Club were worth $1,140,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in BJ. Wealth Enhancement Advisory Services LLC grew its position in BJ's Wholesale Club by 92.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 21,456 shares of the company's stock valued at $2,448,000 after purchasing an additional 10,326 shares in the last quarter. Contravisory Investment Management Inc. purchased a new position in shares of BJ's Wholesale Club during the 1st quarter valued at $9,805,000. Dynamic Technology Lab Private Ltd increased its stake in shares of BJ's Wholesale Club by 151.8% in the fourth quarter. Dynamic Technology Lab Private Ltd now owns 19,784 shares of the company's stock worth $1,768,000 after acquiring an additional 11,928 shares during the last quarter. iSAM Funds UK Ltd purchased a new stake in shares of BJ's Wholesale Club during the fourth quarter worth $843,000. Finally, Landscape Capital Management L.L.C. acquired a new stake in BJ's Wholesale Club during the fourth quarter valued at $531,000. Hedge funds and other institutional investors own 98.60% of the company's stock.

BJ's Wholesale Club Stock Performance

NYSE:BJ opened at $105.13 on Thursday. The firm's 50-day moving average is $109.23 and its 200-day moving average is $108.96. The company has a market cap of $13.88 billion, a price-to-earnings ratio of 24.45, a PEG ratio of 2.90 and a beta of 0.45. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.14 and a current ratio of 0.77. BJ's Wholesale Club Holdings, Inc. has a 52-week low of $76.33 and a 52-week high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its quarterly earnings results on Thursday, May 22nd. The company reported $1.14 earnings per share (EPS) 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 firm had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.18 billion. During the same period in the previous year, the company posted $0.85 earnings per share. The company's quarterly revenue was up 4.8% compared to the same quarter last year. Equities research analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on BJ shares. Robert W. Baird raised their price target on 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. Morgan Stanley raised their price objective on shares of BJ's Wholesale Club from $115.00 to $125.00 and gave the company an "equal weight" rating in a research report on Friday, May 23rd. Citigroup boosted their target price on shares of 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. JPMorgan Chase & Co. lifted their price objective on shares of BJ's Wholesale Club from $109.00 to $123.00 and gave the company a "neutral" rating in a research note on Friday, May 9th. Finally, Wall Street Zen upgraded shares of BJ's Wholesale Club from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. Nine investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $111.00.

Insider Activity at BJ's Wholesale Club

In other BJ's Wholesale Club news, EVP Paul Cichocki sold 43,825 shares of the company's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $106.65, for a total transaction of $4,673,936.25. Following the sale, the executive vice president directly owned 172,563 shares of the company's stock, valued at approximately $18,403,843.95. This represents a 20.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Steven L. Ortega acquired 1,740 shares of the company's stock in a transaction dated Tuesday, May 27th. The shares were purchased at an average cost of $114.60 per share, with a total value of $199,404.00. Following the acquisition, the director owned 8,641 shares of the company's stock, valued at approximately $990,258.60. This represents a 25.21% increase in their position. The disclosure for this purchase can be found here. Insiders sold 79,625 shares of company stock valued at $8,595,110 in the last ninety days. 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.

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