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

Key Points

• Natixis Advisors LLC increased its stake in BJ's Wholesale Club by 37% to $11.02 million, now owning about 0.07% of the company.
• BJ's Wholesale Club shares recently traded down 2.1%, with the stock priced at $107.68 and a market capitalization of $14.22 billion.
• Analysts generally maintain a positive outlook with a consensus rating of "Moderate Buy" and an average price target of $111.00 for BJ's Wholesale Club shares.

Natixis Advisors LLC increased its holdings in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 37.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 96,593 shares of the company's stock after acquiring an additional 26,111 shares during the period. Natixis Advisors LLC owned about 0.07% of BJ's Wholesale Club worth $11,021,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of BJ. Woodley Farra Manion Portfolio Management Inc. acquired a new position in BJ's Wholesale Club in the 1st quarter worth about $79,292,000. Vestcor Inc acquired a new stake in BJ's Wholesale Club in the first quarter valued at approximately $1,206,000. XTX Topco Ltd grew its position in BJ's Wholesale Club by 155.7% in the first quarter. XTX Topco Ltd now owns 18,199 shares of the company's stock worth $2,077,000 after acquiring an additional 11,081 shares in the last quarter. Harvest Fund Management Co. Ltd acquired a new position in shares of BJ's Wholesale Club during the 1st quarter worth $383,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of BJ's Wholesale Club by 38,489.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 49,008 shares of the company's stock valued at $5,592,000 after purchasing an additional 48,881 shares in the last quarter. Hedge funds and other institutional investors own 98.60% of the company's stock.

BJ's Wholesale Club Stock Performance

Shares of BJ stock traded down $1.26 on Tuesday, hitting $106.53. 1,507,940 shares of the stock were exchanged, compared to its average volume of 1,549,825. BJ's Wholesale Club Holdings, Inc. has a one year low of $76.33 and a one year high of $121.10. The firm's 50 day moving average is $108.71 and its two-hundred day moving average is $109.46. The firm has a market capitalization of $14.07 billion, a PE ratio of 24.78, a P/E/G ratio of 2.98 and a beta of 0.43. 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 announced 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. The company had revenue of $5.15 billion during 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 quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.85 earnings per share. Sell-side analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Steven L. Ortega bought 1,740 shares of the stock in a transaction on 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Paul Cichocki sold 43,825 shares of the firm's 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 directly 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 79,625 shares of company stock worth $8,595,110. Insiders own 1.40% of the company's stock.

Analyst Upgrades and Downgrades

BJ has been the topic of a number of analyst reports. Loop Capital reissued a "hold" rating and issued a $120.00 target price (up previously from $110.00) on shares of BJ's Wholesale Club in a research note on Friday, May 23rd. Wall Street Zen upgraded BJ's Wholesale Club from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th. Citigroup upped their price target on BJ's Wholesale Club from $40.00 to $43.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. UBS Group reissued a "buy" rating and set a $135.00 price objective (up from $129.00) on shares of BJ's Wholesale Club in a report on Friday, May 23rd. Finally, Morgan Stanley upped their target price 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. Nine research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $111.00.

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.