BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 11.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 505,162 shares of the company's stock after purchasing an additional 52,340 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.38% of BJ's Wholesale Club worth $45,136,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. increased its holdings 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 purchasing an additional 105 shares during the period. Covestor Ltd boosted its position in 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 buying an additional 115 shares during the last quarter. Captrust Financial Advisors increased its holdings in BJ's Wholesale Club by 1.9% in the 4th quarter. Captrust Financial Advisors now owns 7,044 shares of the company's stock worth $629,000 after buying an additional 131 shares during the period. Venturi Wealth Management LLC lifted its stake in 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 acquiring an additional 132 shares during the period. 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 valued at $470,000 after acquiring an additional 132 shares during the last quarter. 98.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP William C. Werner sold 20,000 shares of the firm's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $110.41, for a total transaction of $2,208,200.00. Following the completion of the sale, the executive vice president now directly owns 31,308 shares of the company's stock, valued at approximately $3,456,716.28. This trade represents a 38.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Joseph Mcgrail sold 2,100 shares of the company's stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $119.74, for a total transaction of $251,454.00. Following the completion of the transaction, the senior vice president now directly owns 14,240 shares in the company, valued at $1,705,097.60. The trade was a 12.85% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 328,505 shares of company stock valued at $37,452,686 in the last 90 days. Company insiders own 1.40% of the company's stock.

BJ's Wholesale Club Trading Down 2.5%

NYSE:BJ traded down $2.88 during trading hours on Wednesday, hitting $112.07. The company had a trading volume of 1,498,894 shares, compared to its average volume of 1,671,522. BJ's Wholesale Club Holdings, Inc. has a 1 year low of $76.33 and a 1 year high of $121.10. The company has a market cap of $14.76 billion, a P/E ratio of 26.94, a P/E/G ratio of 4.50 and a beta of 0.59. The company has a 50-day moving average of $115.00 and a 200 day moving average of $104.17. 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 announced its quarterly earnings results on Thursday, May 22nd. The company reported $1.14 earnings per share 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 firm had revenue of $5.15 billion for the quarter, compared to analysts' expectations of $5.18 billion. During the same quarter in the previous year, the company posted $0.85 EPS. The company's revenue was up 4.8% compared to the same quarter last year. Sell-side analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on BJ. Evercore ISI decreased their target price on shares of BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating for the company in a research report on Tuesday, April 1st. Citigroup raised BJ's Wholesale Club from a "neutral" rating to a "buy" rating and upped their target price for the stock from $115.00 to $130.00 in a research note on Thursday, April 3rd. The Goldman Sachs Group increased their price objective on shares of BJ's Wholesale Club from $102.00 to $121.00 and gave the company a "buy" rating in a report on Monday, March 10th. Cowen reissued a "buy" rating on shares of BJ's Wholesale Club in a research note on Friday, March 7th. Finally, Argus upgraded shares of BJ's Wholesale Club to a "hold" rating in a research report on Friday, April 4th. 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, BJ's Wholesale Club has an average rating of "Moderate Buy" and a consensus target price of $116.12.

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.