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MSFT   247.62 (+0.09%)
META   117.14 (+1.57%)
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AMZN   89.72 (-0.70%)
TSLA   181.81 (+4.83%)
NVDA   175.42 (+2.17%)
NIO   13.00 (-3.06%)
BABA   92.84 (-1.41%)
AMD   70.59 (+0.17%)
T   19.34 (+1.15%)
MU   55.82 (+1.12%)
CGC   3.03 (-1.94%)
F   13.34 (+1.68%)
GE   82.73 (-1.08%)
DIS   94.74 (+2.37%)
AMC   6.02 (-0.82%)
PYPL   74.38 (+0.22%)
PFE   51.89 (+0.21%)
NFLX   328.84 (+5.99%)
QQQ   285.53 (+0.59%)
AAPL   145.11 (+1.72%)
MSFT   247.62 (+0.09%)
META   117.14 (+1.57%)
GOOGL   94.06 (+0.37%)
AMZN   89.72 (-0.70%)
TSLA   181.81 (+4.83%)
NVDA   175.42 (+2.17%)
NIO   13.00 (-3.06%)
BABA   92.84 (-1.41%)
AMD   70.59 (+0.17%)
T   19.34 (+1.15%)
MU   55.82 (+1.12%)
CGC   3.03 (-1.94%)
F   13.34 (+1.68%)
GE   82.73 (-1.08%)
DIS   94.74 (+2.37%)
AMC   6.02 (-0.82%)
PYPL   74.38 (+0.22%)
PFE   51.89 (+0.21%)
NFLX   328.84 (+5.99%)
QQQ   285.53 (+0.59%)
AAPL   145.11 (+1.72%)
MSFT   247.62 (+0.09%)
META   117.14 (+1.57%)
GOOGL   94.06 (+0.37%)
AMZN   89.72 (-0.70%)
TSLA   181.81 (+4.83%)
NVDA   175.42 (+2.17%)
NIO   13.00 (-3.06%)
BABA   92.84 (-1.41%)
AMD   70.59 (+0.17%)
T   19.34 (+1.15%)
MU   55.82 (+1.12%)
CGC   3.03 (-1.94%)
F   13.34 (+1.68%)
GE   82.73 (-1.08%)
DIS   94.74 (+2.37%)
AMC   6.02 (-0.82%)
PYPL   74.38 (+0.22%)
PFE   51.89 (+0.21%)
NFLX   328.84 (+5.99%)

BJ's Wholesale Club Sees Unusually High Options Volume (NYSE:BJ)

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Rating) saw unusually large options trading on Thursday. Stock traders acquired 4,594 call options on the company. This is an increase of 63% compared to the average daily volume of 2,826 call options.

BJ's Wholesale Club Stock Down 5.7 %

NYSE BJ traded down $4.44 on Thursday, hitting $73.92. 131,474 shares of the stock traded hands, compared to its average volume of 1,556,848. The stock has a 50-day moving average of $75.11 and a 200 day moving average of $68.82. BJ's Wholesale Club has a twelve month low of $51.45 and a twelve month high of $80.41. The company has a market capitalization of $9.98 billion, a P/E ratio of 20.32, a price-to-earnings-growth ratio of 2.35 and a beta of 0.43. The company has a current ratio of 0.73, a quick ratio of 0.17 and a debt-to-equity ratio of 0.82.

BJ's Wholesale Club (NYSE:BJ - Get Rating) last announced its quarterly earnings data on Thursday, August 18th. The company reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.23. BJ's Wholesale Club had a return on equity of 71.47% and a net margin of 2.68%. The firm had revenue of $5.10 billion for the quarter, compared to analysts' expectations of $4.63 billion. During the same quarter in the prior year, the firm posted $0.82 earnings per share. BJ's Wholesale Club's revenue for the quarter was up 22.2% compared to the same quarter last year. As a group, analysts expect that BJ's Wholesale Club will post 3.6 earnings per share for the current fiscal year.

Insider Transactions at BJ's Wholesale Club


In related news, EVP Scott Kessler sold 13,359 shares of the company's stock in a transaction on Thursday, September 15th. The stock was sold at an average price of $76.36, for a total value of $1,020,093.24. Following the completion of the transaction, the executive vice president now directly owns 116,791 shares in the company, valued at $8,918,160.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other BJ's Wholesale Club news, SVP Graham Luce sold 3,286 shares of the company's stock in a transaction dated Friday, August 19th. The stock was sold at an average price of $74.61, for a total transaction of $245,168.46. Following the completion of the sale, the senior vice president now directly owns 28,186 shares in the company, valued at $2,102,957.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Scott Kessler sold 13,359 shares of the company's stock in a transaction dated Thursday, September 15th. The stock was sold at an average price of $76.36, for a total value of $1,020,093.24. Following the sale, the executive vice president now owns 116,791 shares of the company's stock, valued at $8,918,160.76. The disclosure for this sale can be found here. Insiders own 2.10% of the company's stock.

Institutional Trading of BJ's Wholesale Club

Institutional investors and hedge funds have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in BJ's Wholesale Club by 71.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 399 shares of the company's stock valued at $25,000 after buying an additional 166 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in BJ's Wholesale Club by 1,536.0% during the third quarter. Parkside Financial Bank & Trust now owns 409 shares of the company's stock valued at $30,000 after buying an additional 384 shares in the last quarter. CoreCap Advisors LLC acquired a new stake in shares of BJ's Wholesale Club during the 2nd quarter worth approximately $28,000. Benjamin Edwards Inc. acquired a new stake in shares of BJ's Wholesale Club during the 1st quarter worth approximately $35,000. Finally, Cambridge Trust Co. raised its position in shares of BJ's Wholesale Club by 292.0% during the 1st quarter. Cambridge Trust Co. now owns 537 shares of the company's stock worth $36,000 after purchasing an additional 400 shares during the period. Institutional investors and hedge funds own 98.26% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on BJ. Loop Capital boosted their price objective on BJ's Wholesale Club from $80.00 to $90.00 in a research note on Friday, August 19th. Citigroup boosted their price target on BJ's Wholesale Club to $81.00 in a research report on Monday, August 22nd. JPMorgan Chase & Co. increased their price objective on shares of BJ's Wholesale Club from $57.00 to $58.00 and gave the company an "underweight" rating in a research report on Tuesday, August 9th. Robert W. Baird boosted their target price on shares of BJ's Wholesale Club from $77.00 to $85.00 and gave the stock an "outperform" rating in a research report on Friday, August 19th. Finally, UBS Group raised their price target on shares of BJ's Wholesale Club from $80.00 to $85.00 and gave the company a "buy" rating in a report on Friday, August 19th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, BJ's Wholesale Club has an average rating of "Moderate Buy" and a consensus target price of $79.00.

About BJ's Wholesale Club

(Get Rating)

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

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