Focus Partners Wealth Trims Stock Position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Focus Partners Wealth decreased its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 574,228 shares of the company's stock after selling 6,228 shares during the period. Focus Partners Wealth owned 0.43% of BJ's Wholesale Club worth $51,307,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of BJ. Envestnet Portfolio Solutions Inc. grew its position in BJ's Wholesale Club by 0.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 20,003 shares of the company's stock valued at $1,787,000 after buying an additional 105 shares during the period. Lifestyle Asset Management Inc. boosted its stake in BJ's Wholesale Club by 0.8% in the fourth quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company's stock valued at $1,191,000 after acquiring an additional 108 shares during the last quarter. Gateway Investment Advisers LLC grew its position in shares of BJ's Wholesale Club by 0.7% during the 4th quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company's stock valued at $1,353,000 after acquiring an additional 111 shares during the period. Covestor Ltd increased its stake in shares of BJ's Wholesale Club by 66.5% during the 4th quarter. Covestor Ltd now owns 288 shares of the company's stock worth $26,000 after purchasing an additional 115 shares during the last quarter. Finally, Captrust Financial Advisors lifted its stake in BJ's Wholesale Club by 1.9% in the fourth quarter. Captrust Financial Advisors now owns 7,044 shares of the company's stock valued at $629,000 after purchasing an additional 131 shares during the last quarter. Institutional investors own 98.60% of the company's stock.

BJ's Wholesale Club Price Performance

BJ traded down $3.86 during trading on Tuesday, reaching $107.85. The stock had a trading volume of 2,717,843 shares, compared to its average volume of 1,658,543. The business has a 50-day moving average of $114.09 and a 200-day moving average of $102.18. BJ's Wholesale Club Holdings, Inc. has a one year low of $76.33 and a one year high of $121.10. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. The stock has a market cap of $14.20 billion, a PE ratio of 25.93, a PEG ratio of 4.50 and a beta of 0.59.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.86 by $0.07. The company had revenue of $5.28 billion during the quarter, compared to the consensus estimate of $5.29 billion. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. As a group, equities research analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on BJ. Argus upgraded BJ's Wholesale Club to a "hold" rating in a research note on Friday, April 4th. JPMorgan Chase & Co. increased their target price on shares of BJ's Wholesale Club from $109.00 to $123.00 and gave the stock a "neutral" rating in a research report on Friday. The Goldman Sachs Group upped 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 research note on Monday, March 10th. DA Davidson lifted their price objective on shares of BJ's Wholesale Club from $123.00 to $130.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Finally, Morgan Stanley increased their target price on BJ's Wholesale Club from $98.00 to $115.00 and gave the stock an "equal weight" rating in a research report on Friday, March 7th. Seven 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, BJ's Wholesale Club presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.12.

Insider Buying and Selling

In related news, SVP Joseph Mcgrail sold 2,100 shares of BJ's Wholesale Club stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $119.74, for a total value of $251,454.00. Following the transaction, the senior vice president now directly owns 14,240 shares of the company's stock, valued at $1,705,097.60. The trade was a 12.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert Allan Steele sold 11,813 shares of the stock in a transaction on Friday, March 14th. The shares were sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the sale, the director now directly owns 24,351 shares of the company's stock, valued at $2,619,924.09. The trade was a 32.67% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 328,505 shares of company stock worth $37,452,686 in the last 90 days. 2.00% of the stock is owned by company insiders.

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.