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

CWM LLC grew its stake in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 202.6% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 18,872 shares of the company's stock after acquiring an additional 12,636 shares during the period. CWM LLC's holdings in BJ's Wholesale Club were worth $2,153,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in BJ. Greenleaf Trust grew its holdings in shares of BJ's Wholesale Club by 4.3% in the first quarter. Greenleaf Trust now owns 2,450 shares of the company's stock valued at $280,000 after purchasing an additional 101 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of BJ's Wholesale Club by 0.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 20,003 shares of the company's stock valued at $1,787,000 after purchasing an additional 105 shares in the last quarter. Crossmark Global Holdings Inc. grew its holdings in BJ's Wholesale Club by 1.1% during the 1st quarter. Crossmark Global Holdings Inc. now owns 9,604 shares of the company's stock worth $1,096,000 after acquiring an additional 109 shares in the last quarter. Covestor Ltd grew its holdings in BJ's Wholesale Club by 66.5% during the 4th quarter. Covestor Ltd now owns 288 shares of the company's stock worth $26,000 after acquiring an additional 115 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC grew its holdings in BJ's Wholesale Club by 2.1% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 5,915 shares of the company's stock worth $675,000 after acquiring an additional 119 shares in the last quarter. 98.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on BJ shares. Wells Fargo & Company reiterated an "overweight" rating and set a $127.00 price target (up previously from $125.00) on shares of BJ's Wholesale Club in a report on Friday, May 23rd. Citigroup upgraded shares of BJ's Wholesale Club from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $115.00 to $130.00 in a report on Thursday, April 3rd. 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. Loop Capital restated a "hold" rating and issued a $120.00 target price (up previously from $110.00) on shares of BJ's Wholesale Club in a report on Friday, May 23rd. Finally, Robert W. Baird upped their target price on shares of BJ's Wholesale Club from $125.00 to $130.00 and gave the company an "outperform" rating in a 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's stock. According to MarketBeat.com, BJ's Wholesale Club has a consensus rating of "Moderate Buy" and a consensus target price of $116.12.

BJ's Wholesale Club Trading Down 0.5%

Shares of BJ's Wholesale Club stock traded down $0.56 during mid-day trading on Friday, hitting $104.62. 1,181,421 shares of the stock were exchanged, compared to its average volume of 1,691,698. BJ's Wholesale Club Holdings, Inc. has a twelve month low of $76.33 and a twelve month high of $121.10. The stock has a market capitalization of $13.82 billion, a price-to-earnings ratio of 24.33, a price-to-earnings-growth ratio of 2.89 and a beta of 0.45. The company has a 50-day simple moving average of $110.71 and a 200 day simple moving average of $108.36. The company has a current ratio of 0.77, a quick ratio of 0.14 and a debt-to-equity ratio of 0.20.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its earnings results on Thursday, May 22nd. The company reported $1.14 earnings per share (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 analysts' expectations of $5.18 billion. During the same period last year, the company earned $0.85 earnings per share. The company's quarterly revenue was up 4.8% on a year-over-year basis. Research analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Insider Activity at BJ's Wholesale Club

In other news, EVP Paul Cichocki sold 43,825 shares of BJ's Wholesale Club stock in a transaction that occurred on 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 owned 172,563 shares in the company, valued at $18,403,843.95. This trade represents a 20.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Steven L. Ortega purchased 1,740 shares of the firm's stock in a transaction dated Tuesday, May 27th. The shares were bought at an average cost of $114.60 per share, with a total value of $199,404.00. Following the transaction, the director directly 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. Over the last quarter, insiders have sold 79,625 shares of company stock worth $8,595,110. Company insiders own 1.40% of the company's stock.

BJ's Wholesale Club 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.