Wellington Management Group LLP Sells 11,480 Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Wellington Management Group LLP lowered its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 5.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 204,862 shares of the company's stock after selling 11,480 shares during the period. Wellington Management Group LLP owned about 0.16% of BJ's Wholesale Club worth $18,304,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BJ. 111 Capital purchased a new stake in BJ's Wholesale Club during the 4th quarter valued at about $352,000. Wealth Enhancement Advisory Services LLC lifted its position in BJ's Wholesale Club by 95.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 11,130 shares of the company's stock valued at $994,000 after purchasing an additional 5,442 shares during the last quarter. Centaurus Financial Inc. purchased a new stake in shares of BJ's Wholesale Club during the fourth quarter valued at approximately $148,000. Menard Financial Group LLC grew its holdings in shares of BJ's Wholesale Club by 5.7% in the fourth quarter. Menard Financial Group LLC now owns 2,965 shares of the company's stock worth $265,000 after purchasing an additional 160 shares during the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of BJ's Wholesale Club by 1.0% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,331,379 shares of the company's stock worth $387,009,000 after buying an additional 43,106 shares during the period. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at BJ's Wholesale Club

In other BJ's Wholesale Club news, SVP Joseph Mcgrail sold 2,100 shares of the stock in a transaction that occurred on 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 sale, the senior vice president now directly owns 14,240 shares of the company's stock, valued at $1,705,097.60. This trade represents a 12.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert Allan Steele sold 11,813 shares of the business's stock in a transaction on 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 $2,619,924.09. This trade represents a 32.67% decrease in their position. 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. Insiders own 1.40% of the company's stock.

BJ's Wholesale Club Stock Performance

NYSE BJ traded up $0.21 during trading hours on Tuesday, hitting $111.91. The company's stock had a trading volume of 1,678,077 shares, compared to its average volume of 1,665,126. BJ's Wholesale Club Holdings, Inc. has a 12 month low of $76.33 and a 12 month high of $121.10. The company's 50 day simple moving average is $115.14 and its two-hundred day simple moving average is $104.94. 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 company has a market cap of $14.73 billion, a P/E ratio of 26.90, a price-to-earnings-growth ratio of 4.50 and a beta of 0.59.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its quarterly earnings results on Thursday, May 22nd. The company reported $1.14 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $5.18 billion. During the same period in the previous year, the business posted $0.85 earnings per share. The business's revenue for the quarter was up 4.8% on a year-over-year basis. As a group, sell-side analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. DA Davidson raised their target price on BJ's Wholesale Club from $130.00 to $140.00 and gave the stock a "buy" rating in a research note on Friday, May 23rd. Robert W. Baird boosted their target price on BJ's Wholesale Club from $125.00 to $130.00 and gave the company an "outperform" rating in a research note on Friday, May 23rd. UBS Group restated a "buy" rating and set a $135.00 target price (up previously from $129.00) on shares of BJ's Wholesale Club in a report on Friday, May 23rd. The Goldman Sachs Group lifted their price target 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. Finally, Loop Capital restated a "hold" rating and issued a $120.00 price objective (up from $110.00) on shares of BJ's Wholesale Club in a report on Friday, May 23rd. Eight research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat.com, BJ's Wholesale Club has a consensus rating of "Moderate Buy" and an average target price of $116.12.

BJ's Wholesale Club 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.