BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Purchased by Northern Trust Corp

Northern Trust Corp boosted its stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 28.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,150,463 shares of the company's stock after purchasing an additional 256,480 shares during the period. Northern Trust Corp owned approximately 0.87% of BJ's Wholesale Club worth $102,794,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. grew its holdings 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 worth $1,787,000 after acquiring an additional 105 shares during the period. Lifestyle Asset Management Inc. grew its stake in shares of BJ's Wholesale Club by 0.8% during the 4th quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company's stock worth $1,191,000 after purchasing an additional 108 shares during the period. Gateway Investment Advisers LLC increased its holdings 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 purchasing an additional 111 shares in the last quarter. Covestor Ltd lifted its stake in shares of BJ's Wholesale Club by 66.5% in the 4th 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. Finally, Venturi Wealth Management LLC grew its position in BJ's Wholesale Club by 4.6% during the fourth quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company's stock valued at $267,000 after buying an additional 132 shares during the period. Institutional investors and hedge funds own 98.60% of the company's stock.

Wall Street Analysts Forecast Growth

BJ has been the topic of several recent analyst reports. Argus raised shares of BJ's Wholesale Club to a "hold" rating in a research note on Friday, April 4th. Morgan Stanley boosted their price objective on BJ's Wholesale Club from $98.00 to $115.00 and gave the company an "equal weight" rating in a research report on Friday, March 7th. Evercore ISI decreased their target price on BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating on the stock in a research report on Tuesday, April 1st. Cowen restated a "buy" rating on shares of BJ's Wholesale Club in a research report on Friday, March 7th. Finally, Barclays lifted their target price on shares of 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. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $110.82.

BJ's Wholesale Club Trading Down 0.9 %

Shares of BJ's Wholesale Club stock traded down $1.05 during trading hours on Friday, hitting $113.68. The company's stock had a trading volume of 496,154 shares, compared to its average volume of 1,641,586. The stock has a market cap of $14.97 billion, a price-to-earnings ratio of 27.33, a P/E/G ratio of 4.50 and a beta of 0.59. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. BJ's Wholesale Club Holdings, Inc. has a twelve month low of $76.17 and a twelve month high of $121.10. The firm has a fifty day moving average of $113.67 and a 200-day moving average of $101.53.

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

Insider Activity at BJ's Wholesale Club

In related news, EVP William C. Werner sold 20,000 shares of BJ's Wholesale Club stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $110.41, for a total value of $2,208,200.00. Following the completion of the transaction, the executive vice president now owns 31,308 shares in the company, valued at $3,456,716.28. The trade was a 38.98 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Robert W. Eddy sold 280,400 shares of the stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of $114.31, for a total transaction of $32,052,524.00. Following the completion of the sale, the chief executive officer now directly owns 422,033 shares in the company, valued at approximately $48,242,592.23. This represents a 39.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 328,505 shares of company stock worth $37,452,686. Corporate insiders own 2.00% of the company's stock.

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.