BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Summit Trail Advisors LLC

Summit Trail Advisors LLC lowered its holdings in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 26.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,403 shares of the company's stock after selling 3,041 shares during the quarter. Summit Trail Advisors LLC's holdings in BJ's Wholesale Club were worth $959,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. Envestnet Portfolio Solutions Inc. raised its stake in shares of BJ's Wholesale Club by 0.5% in the fourth 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 during the period. Covestor Ltd raised its stake in shares of BJ's Wholesale Club by 66.5% in the fourth quarter. Covestor Ltd now owns 288 shares of the company's stock valued at $26,000 after acquiring an additional 115 shares during the period. Fifth Third Wealth Advisors LLC raised its stake in shares of BJ's Wholesale Club by 2.1% in the first quarter. Fifth Third Wealth Advisors LLC now owns 5,915 shares of the company's stock valued at $675,000 after acquiring an additional 119 shares during the period. Captrust Financial Advisors raised its stake in shares of BJ's Wholesale Club by 1.9% in the fourth quarter. Captrust Financial Advisors now owns 7,044 shares of the company's stock valued at $629,000 after acquiring an additional 131 shares during the period. Finally, Cornerstone Investment Partners LLC raised its stake in shares of BJ's Wholesale Club by 2.6% in the fourth quarter. Cornerstone Investment Partners LLC now owns 5,262 shares of the company's stock valued at $470,000 after acquiring an additional 132 shares during the period. Institutional investors own 98.60% of the company's stock.

Insider Activity

In other news, CEO Robert W. Eddy sold 17,900 shares of the firm's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $111.98, for a total value of $2,004,442.00. Following the sale, the chief executive officer directly owned 386,233 shares in the company, valued at approximately $43,250,371.34. This trade represents a 4.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven L. Ortega purchased 1,740 shares of the stock in a transaction dated Tuesday, May 27th. The stock was purchased at an average price of $114.60 per share, for a total transaction of $199,404.00. Following the completion of the acquisition, the director directly owned 8,641 shares in the company, valued at approximately $990,258.60. This represents a 25.21% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 300,400 shares of company stock worth $34,308,420. Corporate insiders own 1.40% of the company's stock.

Wall Street Analysts Forecast Growth

BJ has been the topic of several recent analyst reports. Morgan Stanley increased 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. Roth Capital reaffirmed a "neutral" rating and issued a $106.00 price target (up previously from $101.00) on shares of BJ's Wholesale Club in a research note on Wednesday, May 28th. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $127.00 price target (up previously from $125.00) on shares of BJ's Wholesale Club in a research note on Friday, May 23rd. Barclays raised their price target on shares of BJ's Wholesale Club from $80.00 to $115.00 and gave the stock an "equal weight" rating in a research note on Monday, March 10th. Finally, UBS Group reaffirmed a "buy" rating and issued a $135.00 price target (up previously from $129.00) on shares of BJ's Wholesale Club in a research note on Friday, May 23rd. Eight investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, BJ's Wholesale Club currently has an average rating of "Moderate Buy" and an average target price of $116.12.

BJ's Wholesale Club Stock Down 0.8%

NYSE BJ traded down $0.89 during trading on Friday, reaching $108.25. 722,048 shares of the company's stock traded hands, compared to its average volume of 1,686,504. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.77 and a quick ratio of 0.14. The firm has a market cap of $14.29 billion, a price-to-earnings ratio of 25.17, a price-to-earnings-growth ratio of 3.03 and a beta of 0.45. The company's 50 day simple moving average is $112.84 and its two-hundred day simple moving average is $107.38. BJ's Wholesale Club Holdings, Inc. has a 12-month low of $76.33 and a 12-month high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its earnings results on Thursday, May 22nd. The company reported $1.14 EPS for the quarter, beating analysts' consensus estimates of $0.91 by $0.23. The business 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 2.76% and a return on equity of 31.98%. The company's revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.85 EPS. As a group, sell-side analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

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.