Universal Beteiligungs und Servicegesellschaft mbH Buys Shares of 111,052 BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 111,052 shares of the company's stock, valued at approximately $12,671,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.08% of BJ's Wholesale Club as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. IFP Advisors Inc boosted its stake in BJ's Wholesale Club by 22.0% in the first quarter. IFP Advisors Inc now owns 510 shares of the company's stock valued at $58,000 after acquiring an additional 92 shares during the period. Greenleaf Trust boosted its stake in BJ's Wholesale Club by 4.3% in the first quarter. Greenleaf Trust now owns 2,450 shares of the company's stock valued at $280,000 after acquiring an additional 101 shares during the period. Crossmark Global Holdings Inc. boosted its stake in BJ's Wholesale Club by 1.1% in the first quarter. Crossmark Global Holdings Inc. now owns 9,604 shares of the company's stock valued at $1,096,000 after acquiring an additional 109 shares during the period. Covestor Ltd boosted its stake 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 acquiring an additional 115 shares during the period. Finally, Fifth Third Wealth Advisors LLC boosted its stake in 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. 98.60% of the stock is currently owned by institutional investors and hedge funds.

BJ's Wholesale Club Price Performance

Shares of NYSE BJ traded down $0.19 during trading on Monday, hitting $104.02. The company had a trading volume of 282,533 shares, compared to its average volume of 1,817,836. The company has a market cap of $13.74 billion, a P/E ratio of 24.20, a PEG ratio of 2.88 and a beta of 0.45. BJ's Wholesale Club Holdings, Inc. has a 52 week low of $76.33 and a 52 week high of $121.10. The business's 50-day moving average is $110.04 and its 200 day moving average is $108.97. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.14 and a current ratio of 0.77.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings results on Thursday, May 22nd. The company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.23. The company had revenue of $5.15 billion for the quarter, compared to analysts' expectations of $5.18 billion. BJ's Wholesale Club had a return on equity of 31.98% and a net margin of 2.76%. The firm's revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.85 earnings per share. Equities research analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Insider Buying and Selling at BJ's Wholesale Club

In other news, Director Steven L. Ortega bought 1,740 shares of the business's stock in a transaction on Tuesday, May 27th. The shares were bought at an average cost of $114.60 per share, with a total value of $199,404.00. Following the purchase, the director directly owned 8,641 shares in the company, valued at $990,258.60. This trade represents a 25.21% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Paul Cichocki sold 43,825 shares of the business's stock in a transaction on Friday, July 11th. The shares were sold at an average price of $106.65, for a total transaction of $4,673,936.25. Following the sale, the executive vice president directly owned 172,563 shares in the company, valued at approximately $18,403,843.95. This trade represents a 20.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 79,625 shares of company stock valued at $8,595,110. Corporate insiders own 1.40% of the company's stock.

Wall Street Analyst Weigh In

BJ has been the subject of a number of research reports. Wells Fargo & Company restated an "overweight" rating and issued a $127.00 target price (up from $125.00) on shares of BJ's Wholesale Club in a research note on Friday, May 23rd. Argus upgraded BJ's Wholesale Club to a "hold" rating in a research report on Friday, April 4th. DA Davidson boosted their price objective on BJ's Wholesale Club from $130.00 to $140.00 and gave the stock a "buy" rating in a research report on Friday, May 23rd. Loop Capital reiterated a "hold" rating and set a $120.00 price objective (up from $110.00) on shares of BJ's Wholesale Club in a research report on Friday, May 23rd. Finally, Morgan Stanley boosted their price objective on BJ's Wholesale Club from $115.00 to $125.00 and gave the stock an "equal weight" rating in a research report on Friday, May 23rd. Nine analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $111.00.

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.