Two Sigma Advisers LP Has $5.18 Million Stock Holdings in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Two Sigma Advisers LP cut its stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 26.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 58,000 shares of the company's stock after selling 21,300 shares during the quarter. Two Sigma Advisers LP's holdings in BJ's Wholesale Club were worth $5,182,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of 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 valued at $1,787,000 after acquiring an additional 105 shares during the period. Covestor Ltd lifted its holdings in shares of BJ's Wholesale Club by 66.5% during 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. Captrust Financial Advisors lifted 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 valued at $629,000 after acquiring an additional 131 shares during the period. Venturi Wealth Management LLC lifted its holdings in shares of BJ's Wholesale Club by 4.6% during 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 period. Finally, Cornerstone Investment Partners LLC lifted its holdings in shares of BJ's Wholesale Club by 2.6% during 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. 98.60% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on BJ. The Goldman Sachs Group lifted their price objective on BJ's Wholesale Club from $102.00 to $121.00 and gave the company a "buy" rating in a report on Monday, March 10th. Argus raised BJ's Wholesale Club to a "hold" rating in a report on Friday, April 4th. UBS Group reaffirmed a "buy" rating and issued a $135.00 price target (up from $129.00) on shares of BJ's Wholesale Club in a report on Friday, May 23rd. DA Davidson lifted their price target on BJ's Wholesale Club from $130.00 to $140.00 and gave the company a "buy" rating in a report on Friday, May 23rd. Finally, Robert W. Baird lifted their price target on BJ's Wholesale Club from $125.00 to $130.00 and gave the company an "outperform" rating in a report on Friday, May 23rd. Eight investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, BJ's Wholesale Club has an average rating of "Moderate Buy" and an average target price of $116.12.

Insider Transactions at BJ's Wholesale Club

In other news, Director Robert Allan Steele sold 11,813 shares of the business's stock in a transaction dated 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 directly owns 24,351 shares in the company, valued at approximately $2,619,924.09. The trade was a 32.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Joseph Mcgrail sold 2,100 shares of the business's stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $119.74, for a total value of $251,454.00. Following the transaction, the senior vice president now owns 14,240 shares of the company's stock, valued at $1,705,097.60. The trade was a 12.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 328,505 shares of company stock worth $37,452,686. 1.40% of the stock is currently owned by company insiders.

BJ's Wholesale Club Trading Up 2.2%

BJ stock traded up $2.42 during midday trading on Friday, reaching $113.46. The stock had a trading volume of 542,371 shares, compared to its average volume of 1,664,183. The business has a fifty day simple moving average of $115.04 and a two-hundred day simple moving average of $104.37. 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 firm has a market cap of $14.94 billion, a price-to-earnings ratio of 27.26, a PEG 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.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its quarterly earnings data on Thursday, May 22nd. The company reported $1.14 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.23. The firm had revenue of $5.15 billion during the quarter, compared to analyst estimates of $5.18 billion. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The company's revenue was up 4.8% on a year-over-year basis. During the same period last year, the company earned $0.85 earnings per share. As a group, research analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal 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.