Nomura Holdings Inc. Takes $1.57 Million Position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

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

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BJ. Covestor Ltd raised its holdings in shares of BJ's Wholesale Club by 66.5% in the 4th quarter. Covestor Ltd now owns 288 shares of the company's stock valued at $26,000 after buying an additional 115 shares during the period. Tortoise Investment Management LLC increased its stake in BJ's Wholesale Club by 78.7% during the fourth quarter. Tortoise Investment Management LLC now owns 529 shares of the company's stock worth $47,000 after purchasing an additional 233 shares during the period. Brown Brothers Harriman & Co. lifted its position in shares of BJ's Wholesale Club by 652.9% during the fourth quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company's stock worth $47,000 after purchasing an additional 457 shares in the last quarter. UMB Bank n.a. increased its stake in BJ's Wholesale Club by 68.2% during the 4th quarter. UMB Bank n.a. now owns 624 shares of the company's stock worth $56,000 after buying an additional 253 shares during the period. Finally, TD Waterhouse Canada Inc. boosted its position in BJ's Wholesale Club by 9,700.0% in the 4th quarter. TD Waterhouse Canada Inc. now owns 784 shares of the company's stock valued at $70,000 after buying an additional 776 shares during the period. Hedge funds and other institutional investors own 98.60% of the company's stock.

BJ's Wholesale Club Stock Performance

Shares of BJ's Wholesale Club stock traded down $1.62 on Wednesday, reaching $117.47. 2,606,948 shares of the stock were exchanged, compared to its average volume of 1,680,921. The firm has a market capitalization of $15.47 billion, a PE ratio of 28.24, a PEG ratio of 4.50 and a beta of 0.59. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $76.33 and a 1-year high of $121.10. The business has a fifty day moving average price of $114.38 and a two-hundred day moving average price of $103.21. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.07. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The company had revenue of $5.28 billion for the quarter, compared to analysts' expectations of $5.29 billion. As a group, research analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently issued reports on BJ shares. Barclays increased their price objective on BJ's Wholesale Club from $80.00 to $115.00 and gave the company an "equal weight" rating in a research note on Monday, March 10th. DA Davidson raised their target price on shares of BJ's Wholesale Club from $123.00 to $130.00 and gave the company a "buy" rating in a report on Friday, March 7th. Wells Fargo & Company reiterated an "overweight" rating on shares of BJ's Wholesale Club in a research note on Friday, March 7th. Cowen reissued a "buy" rating on shares of BJ's Wholesale Club in a research report on Friday, March 7th. Finally, Citigroup raised BJ's Wholesale Club from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $115.00 to $130.00 in a research report on Thursday, April 3rd. Seven research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $112.06.

Insider Buying and Selling at BJ's Wholesale Club

In other news, EVP William C. Werner sold 14,192 shares of the stock in a transaction that occurred on Thursday, April 3rd. The shares were sold at an average price of $117.64, for a total value of $1,669,546.88. Following the sale, the executive vice president now directly owns 26,113 shares in the company, valued at $3,071,933.32. This represents a 35.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 stock was sold at an average price of $119.74, for a total value of $251,454.00. Following the completion of the transaction, the senior vice president now directly owns 14,240 shares of the company's stock, valued at approximately $1,705,097.60. This trade represents a 12.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 328,505 shares of company stock valued at $37,452,686. 2.00% of the stock is owned by company insiders.

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.