Nomura Holdings Inc. Makes New $1.57 Million Investment in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Nomura Holdings Inc. acquired a new position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 17,593 shares of the company's stock, valued at approximately $1,572,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank bought a new position in BJ's Wholesale Club during the fourth quarter valued at about $135,344,000. Alliancebernstein L.P. boosted its stake 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 worth $136,100,000 after acquiring an additional 1,322,425 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of BJ's Wholesale Club during the 4th quarter valued at about $85,550,000. Deutsche Bank AG raised its stake in shares of BJ's Wholesale Club by 3,526.9% in the 4th quarter. Deutsche Bank AG now owns 595,571 shares of the company's stock valued at $53,214,000 after acquiring an additional 579,150 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in BJ's Wholesale Club by 10.6% in the 4th quarter. Franklin Resources Inc. now owns 5,268,889 shares of the company's stock worth $470,775,000 after purchasing an additional 504,958 shares during the last quarter. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ's Wholesale Club Stock Performance

Shares of NYSE:BJ traded down $0.10 during trading on Friday, hitting $115.87. 323,958 shares of the stock were exchanged, compared to its average volume of 1,678,632. The company has a market capitalization of $15.26 billion, a price-to-earnings ratio of 27.90, a price-to-earnings-growth ratio of 4.50 and a beta of 0.59. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $76.33 and a 1-year high of $121.10. The company's fifty day simple moving average is $114.62 and its 200-day simple moving average is $103.51.

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 for the quarter, topping analysts' consensus estimates of $0.91 by $0.23. The firm had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.18 billion. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The business's revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.85 earnings per share. Sell-side analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Insider Activity

In related news, Director Robert Allan Steele sold 11,813 shares of the firm's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the completion of the transaction, the director now owns 24,351 shares in the company, valued at $2,619,924.09. This trade represents a 32.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Joseph Mcgrail sold 2,100 shares of the business's stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $119.74, for a total value of $251,454.00. Following the completion of the sale, the senior vice president now directly owns 14,240 shares in the company, valued at approximately $1,705,097.60. This represents a 12.85% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 328,505 shares of company stock worth $37,452,686. Corporate insiders own 2.00% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Morgan Stanley increased their price target on BJ's Wholesale Club from $115.00 to $125.00 and gave the company an "equal weight" rating in a report on Friday. JPMorgan Chase & Co. upped their price objective on shares of BJ's Wholesale Club from $109.00 to $123.00 and gave the stock a "neutral" rating in a report on Friday, May 9th. Cowen reiterated a "buy" rating on shares of BJ's Wholesale Club in a research note on Friday, March 7th. Wells Fargo & Company reissued an "overweight" rating on shares of BJ's Wholesale Club in a research report on Friday, March 7th. Finally, Loop Capital upped their price target on shares of BJ's Wholesale Club from $110.00 to $120.00 and gave the company a "hold" rating in a report on Friday. Seven equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, BJ's Wholesale Club presently has a consensus rating of "Moderate Buy" and a consensus target price of $113.24.

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.