Boston Trust Walden Corp Purchases 20,703 Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Boston Trust Walden Corp boosted its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,073,646 shares of the company's stock after purchasing an additional 20,703 shares during the period. Boston Trust Walden Corp owned about 0.80% of BJ's Wholesale Club worth $71,569,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. FMR LLC grew its stake in BJ's Wholesale Club by 39.7% in the 3rd quarter. FMR LLC now owns 16,013,702 shares of the company's stock worth $1,142,898,000 after acquiring an additional 4,548,963 shares in the last quarter. Morgan Stanley grew its stake in BJ's Wholesale Club by 180.8% in the 4th quarter. Morgan Stanley now owns 2,615,939 shares of the company's stock worth $173,071,000 after acquiring an additional 1,684,174 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in BJ's Wholesale Club by 145.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,422,594 shares of the company's stock worth $163,792,000 after acquiring an additional 1,436,785 shares in the last quarter. Norges Bank bought a new position in BJ's Wholesale Club in the 4th quarter worth about $89,816,000. Finally, Eaton Vance Management grew its stake in BJ's Wholesale Club by 323.5% in the 1st quarter. Eaton Vance Management now owns 1,719,134 shares of the company's stock worth $116,230,000 after acquiring an additional 1,313,206 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

BJ has been the topic of a number of research analyst reports. Wells Fargo & Company restated an "equal weight" rating and issued a $70.00 target price (down from $73.00) on shares of BJ's Wholesale Club in a research note on Thursday, January 4th. Evercore ISI lowered their price target on shares of 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. Gordon Haskett cut shares of BJ's Wholesale Club from a "buy" rating to a "hold" rating and set a $70.00 price target for the company. in a research report on Wednesday, February 7th. Finally, JPMorgan Chase & Co. upped their price target on shares of BJ's Wholesale Club from $58.00 to $62.00 and gave the stock an "underweight" rating in a research report on Friday, March 1st. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $73.60.

Insiders Place Their Bets

In other BJ's Wholesale Club news, Director Christopher J. Baldwin sold 73,062 shares of the firm's stock in a transaction on Monday, March 11th. The shares were sold at an average price of $73.95, for a total value of $5,402,934.90. Following the completion of the transaction, the director now owns 173,294 shares of the company's stock, valued at $12,815,091.30. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 2.20% of the company's stock.

BJ's Wholesale Club Stock Up 2.3 %

NYSE:BJ traded up $1.69 during midday trading on Thursday, reaching $76.05. 1,667,735 shares of the stock traded hands, compared to its average volume of 1,374,281. BJ's Wholesale Club Holdings, Inc. has a 12-month low of $60.33 and a 12-month high of $78.97. The business has a 50-day moving average of $71.54 and a two-hundred day moving average of $69.09. 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 capitalization of $10.11 billion, a PE ratio of 19.65, a price-to-earnings-growth ratio of 3.24 and a beta of 0.26.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its earnings results on Thursday, March 7th. The company reported $1.11 EPS for the quarter, beating analysts' consensus estimates of $1.06 by $0.05. BJ's Wholesale Club had a net margin of 2.64% and a return on equity of 40.84%. The company had revenue of $5.36 billion during the quarter, compared to analysts' expectations of $5.38 billion. During the same quarter in the prior year, the company posted $1.00 earnings per share. BJ's Wholesale Club's revenue for the quarter was up 8.7% compared to the same quarter last year. On average, equities analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 3.91 earnings per share for the current fiscal year.

About BJ's Wholesale Club

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.

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