Vista Investment Partners II LLC Purchases 3,003 Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Vista Investment Partners II LLC increased its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 13.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,501 shares of the company's stock after buying an additional 3,003 shares during the quarter. BJ's Wholesale Club accounts for approximately 1.6% of Vista Investment Partners II LLC's holdings, making the stock its 17th biggest holding. Vista Investment Partners II LLC's holdings in BJ's Wholesale Club were worth $2,910,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in BJ. Y Intercept Hong Kong Ltd increased its stake in shares of BJ's Wholesale Club by 33.3% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 8,371 shares of the company's stock worth $748,000 after buying an additional 2,092 shares during the period. Oppenheimer & Co. Inc. purchased a new position in shares of BJ's Wholesale Club in the fourth quarter worth $307,000. Proficio Capital Partners LLC purchased a new position in shares of BJ's Wholesale Club in the fourth quarter worth $6,491,000. QRG Capital Management Inc. increased its stake in shares of BJ's Wholesale Club by 4.7% in the fourth quarter. QRG Capital Management Inc. now owns 4,329 shares of the company's stock worth $387,000 after buying an additional 193 shares during the period. Finally, Smartleaf Asset Management LLC increased its stake in shares of BJ's Wholesale Club by 34.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company's stock worth $113,000 after buying an additional 324 shares during the period. 98.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on BJ shares. 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 on the stock in a research note on Tuesday, April 1st. Robert W. Baird boosted 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. The Goldman Sachs Group boosted 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 research report on Monday, March 10th. Argus raised shares of BJ's Wholesale Club to a "hold" rating in a research report on Friday, April 4th. Finally, Wall Street Zen raised shares of BJ's Wholesale Club from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th. Eight equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $116.12.

Insider Buying and Selling

In related news, CEO Robert W. Eddy sold 17,900 shares of the company's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $111.98, for a total value of $2,004,442.00. Following the transaction, the chief executive officer now owns 386,233 shares in the company, valued at $43,250,371.34. The trade was a 4.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP William C. Werner sold 14,192 shares of the company's stock in a transaction dated Thursday, April 3rd. The stock was sold at an average price of $117.64, for a total transaction of $1,669,546.88. Following the completion of the transaction, the executive vice president now owns 26,113 shares in the company, valued at approximately $3,071,933.32. The trade was a 35.21% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 314,592 shares of company stock worth $35,977,967 in the last quarter. Corporate insiders own 1.40% of the company's stock.

BJ's Wholesale Club Stock Up 0.8%

NYSE:BJ opened at $114.40 on Friday. The firm's 50-day moving average price is $113.39 and its 200-day moving average price is $106.94. The company has a market capitalization of $15.11 billion, a PE ratio of 26.60, a P/E/G ratio of 3.33 and a beta of 0.47. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.77 and a quick ratio of 0.14. 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 released its earnings results on Thursday, May 22nd. The company reported $1.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.91 by $0.23. The firm had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.18 billion. BJ's Wholesale Club had a net margin of 2.76% and a return on equity of 31.98%. The company's revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.85 EPS. On average, equities analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS 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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