Monica Schwartz Sells 13,578 Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Stock

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) EVP Monica Schwartz sold 13,578 shares of the firm's stock in a transaction that occurred on Thursday, April 11th. The stock was sold at an average price of $78.81, for a total value of $1,070,082.18. Following the sale, the executive vice president now directly owns 13,545 shares of the company's stock, valued at $1,067,481.45. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

BJ's Wholesale Club Stock Down 1.8 %

BJ stock traded down $1.40 on Friday, hitting $77.04. 1,710,175 shares of the company's stock were exchanged, compared to its average volume of 1,394,502. BJ's Wholesale Club Holdings, Inc. has a 12-month low of $60.33 and a 12-month high of $80.42. The firm has a 50 day moving average price of $73.05 and a two-hundred day moving average price of $69.29. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.14 and a current ratio of 0.73. The stock has a market cap of $10.24 billion, a P/E ratio of 19.91, a price-to-earnings-growth ratio of 3.43 and a beta of 0.26.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its earnings results on Thursday, March 7th. The company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.05. BJ's Wholesale Club had a return on equity of 40.84% and a net margin of 2.64%. The firm had revenue of $5.36 billion for the quarter, compared to the consensus estimate of $5.38 billion. During the same period in the previous year, the business earned $1.00 EPS. The firm's revenue for the quarter was up 8.7% on a year-over-year basis. As a group, equities research analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.91 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Evercore ISI decreased their target price on BJ's Wholesale Club from $84.00 to $80.00 and set an "in-line" rating for the company in a research report on Tuesday, April 2nd. Wells Fargo & Company reaffirmed an "equal weight" rating and set a $70.00 target price (down from $73.00) on shares of BJ's Wholesale Club in a research report on Thursday, January 4th. Gordon Haskett lowered BJ's Wholesale Club from a "buy" rating to a "hold" rating and set a $70.00 target price for the company. in a research report on Wednesday, February 7th. The Goldman Sachs Group raised BJ's Wholesale Club from a "neutral" rating to a "buy" rating and lifted their target price for the company from $81.00 to $87.00 in a research report on Monday. Finally, JPMorgan Chase & Co. lifted their target price on BJ's Wholesale Club from $58.00 to $62.00 and gave the company an "underweight" rating in a research report on Friday, March 1st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $74.53.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BJ. Boston Trust Walden Corp grew its stake in BJ's Wholesale Club by 2.0% during the 4th quarter. Boston Trust Walden Corp now owns 1,073,646 shares of the company's stock valued at $71,569,000 after purchasing an additional 20,703 shares during the last quarter. Jump Financial LLC purchased a new stake in BJ's Wholesale Club during the 3rd quarter valued at about $685,000. Envestnet Asset Management Inc. grew its stake in BJ's Wholesale Club by 46.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 558,667 shares of the company's stock valued at $39,872,000 after purchasing an additional 176,494 shares during the last quarter. Lazard Asset Management LLC grew its stake in BJ's Wholesale Club by 342.0% during the 3rd quarter. Lazard Asset Management LLC now owns 233,147 shares of the company's stock valued at $16,639,000 after purchasing an additional 180,397 shares during the last quarter. Finally, Barclays PLC grew its stake in BJ's Wholesale Club by 64.2% during the 3rd quarter. Barclays PLC now owns 131,362 shares of the company's stock valued at $9,375,000 after purchasing an additional 51,349 shares during the last quarter. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ's Wholesale Club Company Profile

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the eastern half of the United States. It provides groceries, general merchandise, gasoline and other ancillary services, coupon books, and promotions. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.com, as well as the mobile app.