Boston Trust Walden Corp Has $108.56 Million Stock Position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Boston Trust Walden Corp trimmed its holdings in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 3.9% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 951,469 shares of the company's stock after selling 38,625 shares during the quarter. BJ's Wholesale Club accounts for 0.8% of Boston Trust Walden Corp's holdings, making the stock its 29th biggest position. Boston Trust Walden Corp owned approximately 0.72% of BJ's Wholesale Club worth $108,563,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Franklin Resources Inc. raised its holdings in shares of BJ's Wholesale Club by 10.6% in the fourth quarter. Franklin Resources Inc. now owns 5,268,889 shares of the company's stock valued at $470,775,000 after purchasing an additional 504,958 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position in BJ's Wholesale Club by 1.0% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,331,379 shares of the company's stock valued at $387,009,000 after purchasing an additional 43,106 shares in the last quarter. JPMorgan Chase & Co. increased its stake in BJ's Wholesale Club by 2.9% in the 4th quarter. JPMorgan Chase & Co. now owns 2,571,996 shares of the company's stock valued at $229,808,000 after buying an additional 73,322 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in BJ's Wholesale Club by 4.2% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,486,903 shares of the company's stock valued at $222,205,000 after buying an additional 99,311 shares during the last quarter. Finally, Clearbridge Investments LLC lifted its position in BJ's Wholesale Club by 11.8% during the 4th quarter. Clearbridge Investments LLC now owns 2,330,361 shares of the company's stock worth $208,218,000 after buying an additional 245,731 shares in the last quarter. Institutional investors own 98.60% of the company's stock.

Insider Buying and Selling

In related news, Director Steven L. Ortega bought 1,740 shares of the business's stock in a transaction on 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 now owns 8,641 shares of the company's stock, valued at $990,258.60. This represents a 25.21% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Joseph Mcgrail sold 2,100 shares of the business's stock in a transaction that occurred on 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 owns 14,240 shares in the company, valued at $1,705,097.60. This trade represents a 12.85% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 314,592 shares of company stock valued at $35,977,967 over the last 90 days. 1.40% of the stock is owned by insiders.

BJ's Wholesale Club Trading Down 1.2%

Shares of BJ stock traded down $1.26 during mid-day trading on Thursday, reaching $108.24. 1,132,156 shares of the stock traded hands, compared to its average volume of 1,666,423. The company has a market cap of $14.29 billion, a price-to-earnings ratio of 25.17, a price-to-earnings-growth ratio of 3.22 and a beta of 0.47. The company has a quick ratio of 0.14, a current ratio of 0.77 and a debt-to-equity ratio of 0.20. The stock's fifty day simple moving average is $114.14 and its two-hundred day simple moving average is $106.15. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $76.33 and a 1-year high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted 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 2.76% and a return on equity of 31.98%. The business had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.18 billion. During the same period last year, the company earned $0.85 EPS. The firm's revenue was up 4.8% compared to the same quarter last year. On average, research analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Analysts Set New Price Targets

BJ has been the subject of several analyst reports. Evercore ISI decreased their price objective on BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating for the company in a report on Tuesday, April 1st. Morgan Stanley raised their price target on BJ's Wholesale Club from $115.00 to $125.00 and gave the company an "equal weight" rating in a research note on Friday, May 23rd. Argus upgraded BJ's Wholesale Club to a "hold" rating in a research note on Friday, April 4th. Roth Capital reissued a "neutral" rating and issued a $106.00 target price (up from $101.00) on shares of BJ's Wholesale Club in a research note on Wednesday, May 28th. Finally, Cowen restated a "buy" rating on shares of BJ's Wholesale Club in a research note on Friday, March 7th. Eight research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $116.12.

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.