Lisanti Capital Growth LLC Makes New $1.27 Million Investment in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Lisanti Capital Growth LLC purchased a new stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 11,160 shares of the company's stock, valued at approximately $1,273,000.

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

BJ's Wholesale Club Price Performance

Shares of NYSE:BJ traded up $0.91 during trading on Friday, reaching $114.40. 2,322,880 shares of the company traded hands, compared to its average volume of 1,668,125. The company's 50 day moving average is $113.39 and its two-hundred day moving average is $106.99. The firm has a market capitalization of $15.11 billion, a PE ratio of 26.60, a PEG ratio of 3.35 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. 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 released its earnings results on Thursday, May 22nd. The company reported $1.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.91 by $0.23. The firm 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 company's revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.85 EPS. As a group, sell-side analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Insider Buying and Selling

In other BJ's Wholesale Club news, Director Steven L. Ortega acquired 1,740 shares of the company's stock in a transaction that occurred on Tuesday, May 27th. The stock was acquired at an average cost of $114.60 per share, for a total transaction of $199,404.00. Following the transaction, the director now directly owns 8,641 shares in the company, valued at $990,258.60. This represents a 25.21% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Joseph Mcgrail sold 2,100 shares of the company's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $119.74, for a total value of $251,454.00. Following the sale, the senior vice president now owns 14,240 shares of the company's stock, valued at approximately $1,705,097.60. This represents a 12.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 314,592 shares of company stock worth $35,977,967 in the last ninety days. 1.40% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have commented on the company. Wells Fargo & Company reiterated an "overweight" rating and issued a $127.00 price objective (up previously from $125.00) on shares of BJ's Wholesale Club in a research report on Friday, May 23rd. Argus upgraded BJ's Wholesale Club to a "hold" rating in a report on Friday, April 4th. Cowen reiterated a "buy" rating on shares of BJ's Wholesale Club in a report on Friday, March 7th. Roth Capital restated 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. Finally, Robert W. Baird boosted their price target on BJ's Wholesale Club from $125.00 to $130.00 and gave the stock an "outperform" rating in a research report on Friday, May 23rd. Eight analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat, BJ's Wholesale Club has an average rating of "Moderate Buy" and an average target price 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.