Fuller & Thaler Asset Management Inc. Buys 10,414 Shares of BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• Fuller & Thaler Asset Management Inc. increased its stake in BJ's Wholesale Club by 43.0% by buying an additional 10,414 shares, bringing its total holdings to 34,619 shares valued at approximately $3.95 million.
• Insider trading activity included EVP Paul Cichocki selling 58,436 shares at an average price of $110.08, which was a 33.86% decrease in his ownership.
• Brokerages have rated BJ's Wholesale Club with a consensus rating of "Moderate Buy" and a price target of $115.33, with several upgrades in target prices recently.

Fuller & Thaler Asset Management Inc. lifted its stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 43.0% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 34,619 shares of the company's stock after buying an additional 10,414 shares during the quarter. Fuller & Thaler Asset Management Inc.'s holdings in BJ's Wholesale Club were worth $3,950,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Mariner LLC boosted its holdings in shares of BJ's Wholesale Club by 0.8% during the fourth quarter. Mariner LLC now owns 19,107 shares of the company's stock worth $1,707,000 after acquiring an additional 146 shares during the period. NewEdge Advisors LLC lifted its holdings in BJ's Wholesale Club by 152.9% during the 4th quarter. NewEdge Advisors LLC now owns 9,174 shares of the company's stock worth $820,000 after purchasing an additional 5,547 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in BJ's Wholesale Club by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,392,826 shares of the company's stock valued at $124,453,000 after purchasing an additional 13,621 shares during the period. MetLife Investment Management LLC grew its holdings in BJ's Wholesale Club by 9.0% in the 4th quarter. MetLife Investment Management LLC now owns 74,728 shares of the company's stock valued at $6,677,000 after buying an additional 6,153 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in BJ's Wholesale Club by 224.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 9,121 shares of the company's stock valued at $815,000 after buying an additional 6,311 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company's stock.

Insider Buying and Selling at BJ's Wholesale Club

In related news, EVP Paul Cichocki sold 58,436 shares of the firm's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $110.08, for a total value of $6,432,634.88. Following the sale, the executive vice president directly owned 114,127 shares of the company's stock, valued at $12,563,100.16. This trade represents a 33.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Steven L. Ortega bought 1,740 shares of the firm's stock in a transaction on Tuesday, May 27th. The stock was acquired at an average price of $114.60 per share, for a total transaction of $199,404.00. Following the transaction, the director owned 8,641 shares of the company's stock, valued at approximately $990,258.60. The trade was a 25.21% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 138,061 shares of company stock valued at $15,027,745. 1.40% of the stock is currently owned by corporate insiders.

BJ's Wholesale Club Price Performance

BJ stock opened at $107.3340 on Thursday. The company's 50-day moving average price is $107.51 and its two-hundred day moving average price is $109.99. The firm has a market cap of $14.17 billion, a P/E ratio of 24.96, a P/E/G ratio of 2.89 and a beta of 0.43. The company has a quick ratio of 0.14, a current ratio of 0.77 and a debt-to-equity ratio of 0.20. BJ's Wholesale Club Holdings, Inc. has a 12 month low of $76.33 and a 12 month high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly 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. The business had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.18 billion. BJ's Wholesale Club had a net margin of 2.76% and a return on equity of 31.98%. The firm's revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the business posted $0.85 EPS. On average, analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BJ. Evercore ISI boosted their target price on shares of BJ's Wholesale Club from $115.00 to $117.00 and gave the company an "in-line" rating in a research report on Tuesday, August 12th. Robert W. Baird boosted their price objective 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. Citigroup decreased their target price on shares of BJ's Wholesale Club from $130.00 to $120.00 and set a "buy" rating on the stock in a research report on Monday. Roth Capital reiterated a "neutral" rating and issued a $106.00 price target (up from $101.00) on shares of BJ's Wholesale Club in a research report on Wednesday, May 28th. Finally, DA Davidson boosted their price target on BJ's Wholesale Club from $130.00 to $140.00 and gave the company a "buy" rating in a research note on Friday, May 23rd. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $115.33.

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.

Want to see what other hedge funds are holding BJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.