10,782 Shares in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Bought by Simplicity Solutions LLC

Simplicity Solutions LLC acquired a new stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,782 shares of the company's stock, valued at approximately $719,000.

A number of other institutional investors also recently modified their holdings of BJ. International Assets Investment Management LLC bought a new stake in BJ's Wholesale Club during the 4th quarter worth approximately $5,745,000. Boston Trust Walden Corp grew its holdings in BJ's Wholesale Club by 2.0% during the fourth quarter. Boston Trust Walden Corp now owns 1,073,646 shares of the company's stock worth $71,569,000 after buying an additional 20,703 shares in the last quarter. Jump Financial LLC purchased a new stake in BJ's Wholesale Club in the 3rd quarter valued at $685,000. Envestnet Asset Management Inc. lifted 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 acquiring an additional 176,494 shares in the last quarter. Finally, Lazard Asset Management LLC boosted its holdings 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 worth $16,639,000 after acquiring an additional 180,397 shares during the last quarter. 98.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BJ has been the subject of several analyst reports. Evercore ISI lowered their target price on shares of BJ's Wholesale Club from $79.00 to $78.00 and set an "in-line" rating for the company in a report on Tuesday. JPMorgan Chase & Co. lifted their target price 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. 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 report on Wednesday, February 7th. Loop Capital reiterated a "hold" rating and set a $80.00 price target (down from $85.00) on shares of BJ's Wholesale Club in a report on Thursday. Finally, The Goldman Sachs Group raised BJ's Wholesale Club from a "neutral" rating to a "buy" rating and raised their target price for the company from $81.00 to $87.00 in a research report on Monday, April 8th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $74.40.

Insider Activity

In related news, SVP Joseph Mcgrail sold 1,000 shares of the company's stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $77.37, for a total transaction of $77,370.00. Following the sale, the senior vice president now owns 12,905 shares of the company's stock, valued at approximately $998,459.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, EVP Monica Schwartz sold 13,578 shares of the company's stock in a transaction that occurred on Thursday, April 11th. The shares were sold at an average price of $78.81, for a total value of $1,070,082.18. Following the transaction, the executive vice president now directly owns 13,545 shares in the company, valued at $1,067,481.45. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Joseph Mcgrail sold 1,000 shares of the firm's stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $77.37, for a total transaction of $77,370.00. Following the completion of the sale, the senior vice president now directly owns 12,905 shares in the company, valued at $998,459.85. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 98,840 shares of company stock worth $7,408,605. 2.20% of the stock is owned by company insiders.

BJ's Wholesale Club Stock Performance

BJ stock traded down $2.73 during midday trading on Thursday, reaching $72.55. 4,169,535 shares of the company's stock traded hands, compared to its average volume of 1,455,956. The firm has a market capitalization of $9.65 billion, a PE ratio of 18.75, a price-to-earnings-growth ratio of 3.30 and a beta of 0.26. The company has a 50-day moving average price of $73.77 and a two-hundred day moving average price of $69.37. BJ's Wholesale Club Holdings, Inc. has a 52 week low of $60.33 and a 52 week high of $80.42. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.14 and a current ratio of 0.73.

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

BJ's Wholesale Club 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.