Public Employees Retirement System of Ohio Sells 2,595 Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Public Employees Retirement System of Ohio lowered its stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 5.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,312 shares of the company's stock after selling 2,595 shares during the quarter. Public Employees Retirement System of Ohio's holdings in BJ's Wholesale Club were worth $4,049,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of BJ. Envestnet Portfolio Solutions Inc. boosted its position in shares of BJ's Wholesale Club by 0.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 20,003 shares of the company's stock valued at $1,787,000 after acquiring an additional 105 shares in the last quarter. Covestor Ltd grew its stake in BJ's Wholesale Club by 66.5% during the fourth quarter. Covestor Ltd now owns 288 shares of the company's stock worth $26,000 after buying an additional 115 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of BJ's Wholesale Club by 1.9% during the fourth quarter. Captrust Financial Advisors now owns 7,044 shares of the company's stock worth $629,000 after buying an additional 131 shares in the last quarter. Venturi Wealth Management LLC raised its stake in shares of BJ's Wholesale Club by 4.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company's stock valued at $267,000 after acquiring an additional 132 shares during the last quarter. Finally, Cornerstone Investment Partners LLC boosted its holdings in shares of BJ's Wholesale Club by 2.6% in the 4th quarter. Cornerstone Investment Partners LLC now owns 5,262 shares of the company's stock worth $470,000 after acquiring an additional 132 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on BJ shares. UBS Group reaffirmed a "buy" rating and set a $135.00 price target (up from $129.00) on shares of BJ's Wholesale Club in a report on Friday, May 23rd. Roth Capital reiterated a "neutral" rating and issued a $106.00 price objective (up from $101.00) on shares of BJ's Wholesale Club in a research report on Wednesday, May 28th. Morgan Stanley raised their target price on shares of BJ's Wholesale Club from $115.00 to $125.00 and gave the company an "equal weight" rating in a research note on Friday, May 23rd. Wells Fargo & Company reissued an "overweight" rating and set a $127.00 price target (up from $125.00) on shares of BJ's Wholesale Club in a research note on Friday, May 23rd. Finally, JPMorgan Chase & Co. increased their price target on shares of BJ's Wholesale Club from $109.00 to $123.00 and gave the company a "neutral" rating in a research report on Friday, May 9th. Eight analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $116.12.

Insider Buying and Selling

In other news, Director Steven L. Ortega bought 1,740 shares of the stock in a transaction on Tuesday, May 27th. The stock was acquired at an average price of $114.60 per share, with a total value of $199,404.00. Following the acquisition, the director now directly owns 8,641 shares in the company, valued at approximately $990,258.60. This trade represents a 25.21% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert Allan Steele sold 11,813 shares of the firm's stock in a transaction on Friday, March 14th. The shares were sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the transaction, the director now directly owns 24,351 shares of the company's stock, valued at $2,619,924.09. The trade was a 32.67% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 328,505 shares of company stock worth $37,452,686. Company insiders own 1.40% of the company's stock.

BJ's Wholesale Club Stock Performance

Shares of BJ's Wholesale Club stock traded up $0.21 on Tuesday, hitting $111.91. The stock had a trading volume of 1,678,077 shares, compared to its average volume of 1,665,980. The business's 50 day moving average is $115.12 and its two-hundred day moving average is $104.99. The stock has a market cap of $14.73 billion, a price-to-earnings ratio of 26.90, a price-to-earnings-growth ratio of 4.50 and a beta of 0.59. BJ's Wholesale Club Holdings, Inc. has a twelve month low of $76.33 and a twelve month high of $121.10. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its quarterly earnings results on Thursday, May 22nd. The company reported $1.14 EPS for the quarter, beating the consensus estimate of $0.91 by $0.23. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The business had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.18 billion. During the same period in the prior year, the company posted $0.85 earnings per share. BJ's Wholesale Club's revenue was up 4.8% compared to the same quarter last year. Analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current 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.