Tilia Fiduciary Partners Inc. Acquires Shares of 24,681 BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Tilia Fiduciary Partners Inc. purchased a new position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 24,681 shares of the company's stock, valued at approximately $2,816,000. BJ's Wholesale Club makes up approximately 1.9% of Tilia Fiduciary Partners Inc.'s holdings, making the stock its 11th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Envestnet Portfolio Solutions Inc. grew its holdings in BJ's Wholesale Club by 0.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 20,003 shares of the company's stock worth $1,787,000 after acquiring an additional 105 shares during the period. Covestor Ltd grew its stake in BJ's Wholesale Club by 66.5% during the 4th quarter. Covestor Ltd now owns 288 shares of the company's stock valued at $26,000 after acquiring an additional 115 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its holdings in shares of BJ's Wholesale Club by 2.1% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 5,915 shares of the company's stock valued at $675,000 after buying an additional 119 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of BJ's Wholesale Club by 1.9% during the 4th quarter. Captrust Financial Advisors now owns 7,044 shares of the company's stock valued at $629,000 after buying an additional 131 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its holdings in shares of BJ's Wholesale Club by 4.6% during the 4th quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company's stock valued at $267,000 after buying an additional 132 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company's stock.

Analysts Set New Price Targets

BJ has been the subject of a number of research analyst reports. Wells Fargo & Company reiterated an "overweight" rating and set a $127.00 price target (up from $125.00) on shares of BJ's Wholesale Club in a report on Friday, May 23rd. UBS Group reissued a "buy" rating and set a $135.00 price target (up from $129.00) on shares of BJ's Wholesale Club in a research note on Friday, May 23rd. Roth Capital reiterated a "neutral" rating and issued a $106.00 target price (up from $101.00) on shares of BJ's Wholesale Club in a report on Wednesday, May 28th. Cowen reissued a "buy" rating on shares of BJ's Wholesale Club in a research report on Friday, March 7th. Finally, Robert W. Baird lifted their price objective on shares of BJ's Wholesale Club from $125.00 to $130.00 and gave the company an "outperform" rating in a research report on Friday, May 23rd. Eight equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $116.12.

Insiders Place Their Bets

In other BJ's Wholesale Club news, SVP Joseph Mcgrail sold 2,100 shares of the firm'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 sale, the senior vice president now directly owns 14,240 shares in the company, valued at approximately $1,705,097.60. This trade represents a 12.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Robert W. Eddy sold 280,400 shares of BJ's Wholesale Club stock in a transaction dated Monday, April 7th. The stock was sold at an average price of $114.31, for a total value of $32,052,524.00. Following the transaction, the chief executive officer now directly owns 422,033 shares in the company, valued at approximately $48,242,592.23. The trade was a 39.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 346,405 shares of company stock worth $39,457,128. 1.40% of the stock is owned by insiders.

BJ's Wholesale Club Stock Performance

BJ opened at $111.07 on Friday. The firm's fifty day simple moving average is $114.93 and its two-hundred day simple moving average is $105.50. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. The company has a market cap of $14.67 billion, a price-to-earnings ratio of 26.70, a PEG ratio of 4.50 and a beta of 0.47. BJ's Wholesale Club Holdings, Inc. has a 52-week low of $76.33 and a 52-week high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its quarterly earnings data on Thursday, May 22nd. The company reported $1.14 earnings per share for the quarter, beating analysts' consensus estimates 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 firm had revenue of $5.15 billion during the quarter, compared to analysts' expectations of $5.18 billion. During the same quarter in the previous year, the business posted $0.85 earnings per share. The business's quarterly revenue was up 4.8% compared to the same quarter last year. Equities analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

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.

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