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GSA Capital Partners LLP Takes Position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

BJ's Wholesale Club logo with Consumer Discretionary background

GSA Capital Partners LLP bought a new position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 42,803 shares of the company's stock, valued at approximately $2,853,000.

Several other large investors have also modified their holdings of the business. FMR LLC boosted its stake in shares of BJ's Wholesale Club by 39.7% during the third quarter. FMR LLC now owns 16,013,702 shares of the company's stock valued at $1,142,898,000 after acquiring an additional 4,548,963 shares during the last quarter. Victory Capital Management Inc. grew its holdings in shares of BJ's Wholesale Club by 13.0% during the fourth quarter. Victory Capital Management Inc. now owns 5,136,282 shares of the company's stock worth $342,385,000 after buying an additional 590,113 shares in the last quarter. Morgan Stanley raised its position in shares of BJ's Wholesale Club by 10.3% in the third quarter. Morgan Stanley now owns 3,940,441 shares of the company's stock valued at $281,229,000 after buying an additional 369,317 shares during the last quarter. River Road Asset Management LLC lifted its stake in shares of BJ's Wholesale Club by 5.9% during the third quarter. River Road Asset Management LLC now owns 3,883,231 shares of the company's stock valued at $277,146,000 after buying an additional 217,747 shares during the period. Finally, Putnam Investments LLC lifted its stake in shares of BJ's Wholesale Club by 4.3% during the fourth quarter. Putnam Investments LLC now owns 3,647,981 shares of the company's stock valued at $243,174,000 after buying an additional 150,414 shares during the period. 98.60% of the stock is currently owned by institutional investors and hedge funds.


Insider Activity

In other BJ's Wholesale Club news, EVP Jeff Desroches sold 14,106 shares of the business's stock in a transaction on Friday, May 31st. The shares were sold at an average price of $86.00, for a total value of $1,213,116.00. Following the transaction, the executive vice president now owns 87,294 shares in the company, valued at approximately $7,507,284. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other BJ's Wholesale Club news, CEO Robert W. Eddy sold 11,000 shares of the company's stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $76.70, for a total value of $843,700.00. Following the transaction, the chief executive officer now directly owns 500,792 shares of the company's stock, valued at approximately $38,410,746.40. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Jeff Desroches sold 14,106 shares of the firm's stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of $86.00, for a total transaction of $1,213,116.00. Following the sale, the executive vice president now directly owns 87,294 shares of the company's stock, valued at approximately $7,507,284. The disclosure for this sale can be found here. Insiders have sold 39,684 shares of company stock worth $3,204,268 over the last 90 days. Company insiders own 2.00% of the company's stock.

BJ's Wholesale Club Stock Down 1.6 %

BJ's Wholesale Club stock traded down $1.38 during trading on Friday, reaching $86.78. 1,274,368 shares of the company's stock were exchanged, compared to its average volume of 1,516,809. The company's 50-day moving average is $80.11 and its two-hundred day moving average is $72.79. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.14 and a current ratio of 0.74. BJ's Wholesale Club Holdings, Inc. has a 52-week low of $60.45 and a 52-week high of $89.40. The firm has a market cap of $11.52 billion, a price-to-earnings ratio of 22.54, a PEG ratio of 3.12 and a beta of 0.24.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its earnings results on Thursday, May 23rd. The company reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.02. The business had revenue of $4.92 billion during the quarter, compared to analyst estimates of $4.86 billion. BJ's Wholesale Club had a return on equity of 37.78% and a net margin of 2.59%. The company's revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.85 earnings per share. On average, analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.91 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on BJ shares. UBS Group boosted their price target on BJ's Wholesale Club from $89.00 to $97.00 and gave the company a "buy" rating in a report on Friday, May 24th. The Goldman Sachs Group upgraded BJ's Wholesale Club from a "neutral" rating to a "buy" rating and increased their target price for the stock from $81.00 to $87.00 in a research report on Monday, April 8th. Loop Capital restated a "hold" rating and issued a $80.00 price target (down previously from $85.00) on shares of BJ's Wholesale Club in a report on Thursday, April 18th. TD Cowen increased their price objective on shares of BJ's Wholesale Club from $93.00 to $95.00 and gave the stock a "buy" rating in a report on Friday, May 24th. Finally, Barclays raised their target price on shares of BJ's Wholesale Club from $72.00 to $80.00 and gave the stock an "equal weight" rating in a research report on Friday, May 24th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $81.88.

Read Our Latest Stock Report on BJ's Wholesale Club

BJ's Wholesale Club Profile

(Free Report)

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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Institutional Ownership by Quarter for BJ's Wholesale Club (NYSE:BJ)

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