Union Bancaire Privee UBP SA Has $774,000 Stock Position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Union Bancaire Privee UBP SA decreased its holdings in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 68.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,885 shares of the company's stock after selling 15,192 shares during the quarter. Union Bancaire Privee UBP SA's holdings in BJ's Wholesale Club were worth $774,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of BJ. Covestor Ltd grew its holdings in 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 purchasing an additional 115 shares during the period. Brown Brothers Harriman & Co. grew its holdings in shares of BJ's Wholesale Club by 652.9% in the 4th quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company's stock valued at $47,000 after buying an additional 457 shares during the period. Tortoise Investment Management LLC grew its holdings in shares of BJ's Wholesale Club by 78.7% in the 4th quarter. Tortoise Investment Management LLC now owns 529 shares of the company's stock valued at $47,000 after buying an additional 233 shares during the period. State of Wyoming acquired a new position in BJ's Wholesale Club in the fourth quarter valued at about $69,000. Finally, TD Waterhouse Canada Inc. increased its holdings in shares of BJ's Wholesale Club by 9,700.0% in the fourth quarter. TD Waterhouse Canada Inc. now owns 784 shares of the company's stock worth $70,000 after acquiring an additional 776 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company's stock.

BJ's Wholesale Club Price Performance

BJ traded down $1.71 during midday trading on Monday, reaching $108.91. 1,251,568 shares of the company's stock were exchanged, compared to its average volume of 1,667,446. The business's 50-day moving average price is $114.30 and its 200 day moving average price is $106.11. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. The stock has a market capitalization of $14.38 billion, a PE ratio of 26.18, a P/E/G ratio of 4.50 and a beta of 0.47. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $76.33 and a 1-year high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued 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. 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%. BJ's Wholesale Club's quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.85 EPS. As a group, equities analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Insider Buying and Selling

In other BJ's Wholesale Club news, CEO Robert W. Eddy sold 17,900 shares of the firm's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $111.98, for a total value of $2,004,442.00. Following the sale, the chief executive officer now owns 386,233 shares of the company's stock, valued at $43,250,371.34. This trade represents a 4.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Steven L. Ortega acquired 1,740 shares of the firm's stock in a transaction on Tuesday, May 27th. The shares were bought at an average cost of $114.60 per share, for a total transaction of $199,404.00. Following the acquisition, the director now owns 8,641 shares in the company, valued at approximately $990,258.60. The trade was a 25.21% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 334,592 shares of company stock worth $38,186,167 in the last ninety days. 1.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages recently commented on BJ. Evercore ISI dropped their price objective on shares of BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating on the stock in a report on Tuesday, April 1st. Morgan Stanley lifted their price target on 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. The Goldman Sachs Group lifted their price target on BJ's Wholesale Club from $102.00 to $121.00 and gave the company a "buy" rating in a research note on Monday, March 10th. Loop Capital reissued a "hold" rating and issued a $120.00 target price (up previously from $110.00) on shares of BJ's Wholesale Club in a research report on Friday, May 23rd. Finally, Barclays lifted their target price on BJ's Wholesale Club from $80.00 to $115.00 and gave the company an "equal weight" rating in a research report on Monday, March 10th. Eight investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $116.12.

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.