17,942 Shares in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Bought by Boston Common Asset Management LLC

Boston Common Asset Management LLC acquired a new stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 17,942 shares of the company's stock, valued at approximately $2,047,000.

A number of other large investors have also made changes to their positions in BJ. Envestnet Portfolio Solutions Inc. raised its holdings in BJ's Wholesale Club by 0.5% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 20,003 shares of the company's stock valued at $1,787,000 after acquiring an additional 105 shares in the last quarter. Covestor Ltd raised its holdings in BJ's Wholesale Club by 66.5% in the 4th quarter. Covestor Ltd now owns 288 shares of the company's stock valued at $26,000 after acquiring an additional 115 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of BJ's Wholesale Club by 1.9% in the fourth quarter. Captrust Financial Advisors now owns 7,044 shares of the company's stock valued at $629,000 after purchasing an additional 131 shares in the last quarter. Venturi Wealth Management LLC raised its stake in shares of BJ's Wholesale Club by 4.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company's stock valued at $267,000 after purchasing an additional 132 shares in the last quarter. Finally, Cornerstone Investment Partners LLC raised its stake in shares of BJ's Wholesale Club by 2.6% in the fourth quarter. Cornerstone Investment Partners LLC now owns 5,262 shares of the company's stock valued at $470,000 after purchasing an additional 132 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company's stock.

Insider Activity 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 on 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 owns 14,240 shares of the company's stock, valued at approximately $1,705,097.60. The trade was a 12.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert W. Eddy sold 280,400 shares of the business's stock in a transaction dated Monday, April 7th. The stock was sold at an average price of $114.31, for a total value of $32,052,524.00. Following the transaction, the chief executive officer now owns 422,033 shares of the company's stock, valued at $48,242,592.23. The trade was 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 valued at $37,452,686 over the last quarter. Corporate insiders own 1.40% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on BJ. JPMorgan Chase & Co. upped their target price on 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. Roth Capital restated a "neutral" rating and issued a $106.00 price objective (up previously from $101.00) on shares of BJ's Wholesale Club in a research note on Wednesday. Morgan Stanley increased their price target on shares of BJ's Wholesale Club from $115.00 to $125.00 and gave the stock an "equal weight" rating in a research report on Friday, May 23rd. Argus raised 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 shares of 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 investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $116.12.

BJ's Wholesale Club Price Performance

BJ stock traded up $2.32 during midday trading on Friday, reaching $113.36. 2,019,101 shares of the company's stock traded hands, compared to its average volume of 1,663,509. The company has a 50-day simple moving average of $115.12 and a two-hundred day simple moving average of $104.65. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $76.33 and a 1-year high of $121.10. The company has a market cap of $14.92 billion, a price-to-earnings ratio of 27.25, a PEG ratio of 4.50 and a beta of 0.59. The company has a quick ratio of 0.14, a current ratio of 0.76 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 earnings per share for the quarter, beating analysts' consensus estimates of $0.91 by $0.23. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The company had revenue of $5.15 billion during the quarter, compared to analyst estimates of $5.18 billion. During the same period last year, the company posted $0.85 earnings per share. The firm's quarterly revenue was up 4.8% compared to the same quarter last year. On average, analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

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.