Impax Asset Management Group plc Sells 15,000 Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Impax Asset Management Group plc lowered its holdings in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 11.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 119,955 shares of the company's stock after selling 15,000 shares during the period. Impax Asset Management Group plc owned approximately 0.09% of BJ's Wholesale Club worth $13,687,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Bessemer Group Inc. raised its stake in BJ's Wholesale Club by 65.9% in the first quarter. Bessemer Group Inc. now owns 4,186,760 shares of the company's stock valued at $477,709,000 after purchasing an additional 1,662,415 shares in the last quarter. Norges Bank bought a new position in shares of BJ's Wholesale Club in the 4th quarter worth $135,344,000. Alliancebernstein L.P. raised its position in shares of BJ's Wholesale Club by 658.6% during the 4th quarter. Alliancebernstein L.P. now owns 1,523,218 shares of the company's stock valued at $136,100,000 after buying an additional 1,322,425 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of BJ's Wholesale Club during the 4th quarter worth $85,550,000. Finally, GAMMA Investing LLC grew its position in BJ's Wholesale Club by 17,333.9% in the first quarter. GAMMA Investing LLC now owns 689,164 shares of the company's stock worth $78,634,000 after acquiring an additional 685,211 shares in the last quarter. 98.60% of the stock is owned by institutional investors.

Insider Activity at BJ's Wholesale Club

In related news, CEO Robert W. Eddy sold 17,900 shares of the business's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $111.98, for a total transaction of $2,004,442.00. Following the completion of the sale, the chief executive officer directly owned 386,233 shares in the company, valued at approximately $43,250,371.34. The trade was a 4.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Steven L. Ortega purchased 1,740 shares of the company's stock in a transaction dated Tuesday, May 27th. The shares were acquired at an average price of $114.60 per share, for a total transaction of $199,404.00. Following the purchase, the director directly owned 8,641 shares in the company, 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. 1.40% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on BJ shares. UBS Group restated a "buy" rating and set a $135.00 price target (up previously from $129.00) on shares of BJ's Wholesale Club in a research report on Friday, May 23rd. Robert W. Baird raised their price objective on BJ's Wholesale Club from $125.00 to $130.00 and gave the company an "outperform" rating in a report on Friday, May 23rd. Roth Capital reaffirmed a "neutral" rating and issued a $106.00 target price (up previously from $101.00) on shares of BJ's Wholesale Club in a research note on Wednesday, May 28th. Evercore ISI decreased their price target on shares of BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating on the stock in a research note on Tuesday, April 1st. Finally, Loop Capital reaffirmed a "hold" rating and issued a $120.00 price objective (up previously from $110.00) on shares of BJ's Wholesale Club in a research note on Friday, May 23rd. Eight analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $116.12.

BJ's Wholesale Club Stock Up 0.9%

Shares of NYSE:BJ traded up $0.98 during trading on Monday, reaching $110.42. 1,684,397 shares of the stock traded hands, compared to its average volume of 1,686,495. The stock has a market cap of $14.58 billion, a P/E ratio of 25.22, a price-to-earnings-growth ratio of 3.03 and a beta of 0.45. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.14 and a current ratio of 0.77. The stock has a 50-day moving average of $112.84 and a two-hundred day moving average of $107.47. BJ's Wholesale Club Holdings, Inc. has a 52-week low of $76.33 and a 52-week 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 analysts' consensus estimates of $0.91 by $0.23. BJ's Wholesale Club had a return on equity of 31.98% and a net margin of 2.76%. The business had revenue of $5.15 billion during the quarter, compared to analyst estimates of $5.18 billion. During the same quarter last year, the company earned $0.85 EPS. The company's quarterly revenue was up 4.8% compared to the same quarter last year. As a group, sell-side analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal 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.