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

Cerity Partners LLC grew its stake in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 7.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 55,307 shares of the company's stock after acquiring an additional 3,964 shares during the quarter. Cerity Partners LLC's holdings in BJ's Wholesale Club were worth $6,310,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Alps Advisors Inc. bought a new position in shares of BJ's Wholesale Club during the 1st quarter worth approximately $365,000. Significant Wealth Partners LLC increased its position in BJ's Wholesale Club by 17.6% during the 1st quarter. Significant Wealth Partners LLC now owns 2,904 shares of the company's stock valued at $331,000 after buying an additional 434 shares in the last quarter. Axxcess Wealth Management LLC raised its stake in BJ's Wholesale Club by 111.7% in the first quarter. Axxcess Wealth Management LLC now owns 5,258 shares of the company's stock valued at $600,000 after buying an additional 2,774 shares during the last quarter. Linden Thomas Advisory Services LLC boosted its holdings in BJ's Wholesale Club by 8.9% in the first quarter. Linden Thomas Advisory Services LLC now owns 14,965 shares of the company's stock worth $1,708,000 after acquiring an additional 1,225 shares in the last quarter. Finally, Greenleaf Trust grew its stake in shares of BJ's Wholesale Club by 4.3% during the first quarter. Greenleaf Trust now owns 2,450 shares of the company's stock worth $280,000 after acquiring an additional 101 shares during the last quarter. 98.60% of the stock is owned by institutional investors.

Insider Transactions at BJ's Wholesale Club

In other BJ's Wholesale Club news, EVP Paul Cichocki sold 43,825 shares of the stock in a transaction on Friday, July 11th. The stock was sold at an average price of $106.65, for a total value of $4,673,936.25. Following the completion of the transaction, the executive vice president owned 172,563 shares in the company, valued at approximately $18,403,843.95. This represents a 20.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Robert W. Eddy sold 17,900 shares of the firm's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $107.08, for a total transaction of $1,916,732.00. Following the completion of the sale, the chief executive officer owned 368,333 shares of the company's stock, valued at $39,441,097.64. This trade represents a 4.63% decrease in their position. The disclosure for this sale can be found here. Insiders sold 79,625 shares of company stock worth $8,595,110 over the last 90 days. 1.40% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Robert W. Baird boosted their price target on BJ's Wholesale Club from $125.00 to $130.00 and gave the company an "outperform" rating in a research note on Friday, May 23rd. Morgan Stanley boosted 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 report on Friday, May 23rd. Wall Street Zen raised shares of BJ's Wholesale Club from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. UBS Group reissued a "buy" rating and set a $135.00 target price (up previously from $129.00) on shares of BJ's Wholesale Club in a research note on Friday, May 23rd. Finally, Citigroup upgraded BJ's Wholesale Club from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $115.00 to $130.00 in a report on Thursday, April 3rd. Eight investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $116.12.

BJ's Wholesale Club Stock Up 1.1%

Shares of NYSE BJ traded up $1.12 during midday trading on Thursday, hitting $105.13. The company's stock had a trading volume of 745,566 shares, compared to its average volume of 1,682,749. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.77 and a quick ratio of 0.14. The firm has a market capitalization of $13.88 billion, a price-to-earnings ratio of 24.45, a price-to-earnings-growth ratio of 2.91 and a beta of 0.45. The business's fifty day simple moving average is $111.11 and its two-hundred day simple moving average is $108.01. 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 announced its quarterly earnings data on Thursday, May 22nd. The company reported $1.14 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.23. The business had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $5.18 billion. BJ's Wholesale Club had a return on equity of 31.98% and a net margin of 2.76%. The business's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.85 earnings per share. On average, equities analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

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.