International Assets Investment Management LLC Buys Shares of 86,191 BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

International Assets Investment Management LLC bought a new position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 86,191 shares of the company's stock, valued at approximately $5,745,000. International Assets Investment Management LLC owned 0.06% of BJ's Wholesale Club at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BJ. Boston Trust Walden Corp boosted its position 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 worth $71,569,000 after purchasing an additional 20,703 shares during the period. Jump Financial LLC purchased a new stake in shares of BJ's Wholesale Club during the 3rd quarter valued at about $685,000. Envestnet Asset Management Inc. lifted its position 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 worth $39,872,000 after acquiring an additional 176,494 shares in the last quarter. Lazard Asset Management LLC grew its position in BJ's Wholesale Club by 342.0% in the third quarter. Lazard Asset Management LLC now owns 233,147 shares of the company's stock valued at $16,639,000 after acquiring an additional 180,397 shares in the last quarter. Finally, Barclays PLC lifted its position in shares of BJ's Wholesale Club by 64.2% during the third quarter. Barclays PLC now owns 131,362 shares of the company's stock worth $9,375,000 after purchasing an additional 51,349 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on BJ. The Goldman Sachs Group upgraded shares of BJ's Wholesale Club from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $81.00 to $87.00 in a report on Monday, April 8th. Gordon Haskett cut shares of BJ's Wholesale Club from a "buy" rating to a "hold" rating and set a $70.00 price target on the stock. in a research report on Wednesday, February 7th. JPMorgan Chase & Co. boosted their price objective on BJ's Wholesale Club from $58.00 to $62.00 and gave the company an "underweight" rating in a report on Friday, March 1st. Loop Capital reaffirmed a "hold" rating and set a $80.00 target price (down previously from $85.00) on shares of BJ's Wholesale Club in a report on Thursday, April 18th. Finally, Evercore ISI lowered their price target on BJ's Wholesale Club from $79.00 to $78.00 and set an "in-line" rating for the company in a report on Tuesday, April 16th. One 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's stock. According to MarketBeat, BJ's Wholesale Club currently has a consensus rating of "Hold" and an average price target of $74.40.

BJ's Wholesale Club Stock Down 1.1 %

NYSE:BJ traded down $0.88 on Wednesday, hitting $76.16. 981,319 shares of the company's stock traded hands, compared to its average volume of 1,466,582. The company has a market cap of $10.13 billion, a PE ratio of 19.91, a price-to-earnings-growth ratio of 3.20 and a beta of 0.27. BJ's Wholesale Club Holdings, Inc. has a 1 year low of $60.33 and a 1 year high of $80.42. The company has a current ratio of 0.73, a quick ratio of 0.14 and a debt-to-equity ratio of 0.27. The firm has a 50-day moving average price of $75.36 and a 200-day moving average price of $69.89.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its earnings results on Thursday, March 7th. The company reported $1.11 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $5.38 billion. During the same quarter in the prior year, the firm earned $1.00 EPS. The company's revenue was up 8.7% compared to the same quarter last year. Equities analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.91 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP Joseph Mcgrail sold 1,000 shares of BJ's Wholesale Club stock in a transaction on Monday, April 15th. The shares were sold at an average price of $77.37, for a total value of $77,370.00. Following the completion of 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 document filed with the SEC, which can be accessed through the SEC website. In related news, SVP Joseph Mcgrail sold 1,000 shares of the business's stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $77.37, for a total value 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 approximately $998,459.85. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Monica Schwartz sold 13,578 shares of the 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 owns 13,545 shares in the company, valued at approximately $1,067,481.45. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 98,840 shares of company stock worth $7,408,605. Insiders own 2.20% of the company's stock.

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.