BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Position Cut by Swiss National Bank

Swiss National Bank trimmed its holdings in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 10.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 263,500 shares of the company's stock after selling 31,900 shares during the quarter. Swiss National Bank owned approximately 0.20% of BJ's Wholesale Club worth $17,565,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Huntington National Bank increased its stake in BJ's Wholesale Club by 159.9% in the 3rd quarter. Huntington National Bank now owns 668 shares of the company's stock worth $48,000 after buying an additional 411 shares in the last quarter. First Horizon Advisors Inc. lifted its position in BJ's Wholesale Club by 23.9% in the third quarter. First Horizon Advisors Inc. now owns 824 shares of the company's stock worth $59,000 after buying an additional 159 shares during the last quarter. Anchor Investment Management LLC bought a new position in BJ's Wholesale Club during the fourth quarter valued at $78,000. GAMMA Investing LLC bought a new stake in shares of BJ's Wholesale Club in the 4th quarter worth about $88,000. Finally, Headlands Technologies LLC purchased a new position in shares of BJ's Wholesale Club during the 3rd quarter worth about $89,000. 98.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Evercore ISI reduced their price objective on shares of BJ's Wholesale Club from $79.00 to $78.00 and set an "in-line" rating on the stock in a research report on Tuesday, April 16th. JPMorgan Chase & Co. raised their price target on BJ's Wholesale Club from $58.00 to $62.00 and gave the stock an "underweight" rating in a research note on Friday, March 1st. Loop Capital reiterated a "hold" rating and issued a $80.00 target price (down previously from $85.00) on shares of BJ's Wholesale Club in a research note on Thursday, April 18th. Gordon Haskett lowered 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 report on Wednesday, February 7th. Finally, The Goldman Sachs Group raised BJ's Wholesale Club from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $81.00 to $87.00 in a research report on Monday, April 8th. One 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. Based on data from MarketBeat.com, BJ's Wholesale Club presently has an average rating of "Hold" and a consensus price target of $74.40.

Insider Buying and Selling

In other 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 $998,459.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, SVP Joseph Mcgrail sold 1,000 shares of BJ's Wholesale Club stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $77.37, for a total value of $77,370.00. Following 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 legal filing with the SEC, which is available at this link. 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 directly owns 13,545 shares of the company's stock, valued at approximately $1,067,481.45. The disclosure for this sale can be found here. In the last 90 days, insiders sold 98,840 shares of company stock valued at $7,408,605. 2.20% of the stock is owned by company insiders.

BJ's Wholesale Club Stock Performance

Shares of BJ stock traded up $0.32 on Friday, hitting $78.06. The company had a trading volume of 1,104,627 shares, compared to its average volume of 1,457,106. The firm has a market cap of $10.38 billion, a P/E ratio of 20.17, a price-to-earnings-growth ratio of 3.20 and a beta of 0.27. BJ's Wholesale Club Holdings, Inc. has a twelve month low of $60.33 and a twelve month high of $80.42. The company has a 50-day moving average price of $75.64 and a 200-day moving average price of $70.05. The company has a quick ratio of 0.14, a current ratio of 0.73 and a debt-to-equity ratio of 0.27.

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

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.