Susquehanna Fundamental Investments LLC Acquires New Holdings in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Susquehanna Fundamental Investments LLC purchased 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 disclosure with the SEC. The institutional investor purchased 130,245 shares of the company's stock, valued at approximately $11,637,000. Susquehanna Fundamental Investments LLC owned about 0.10% of BJ's Wholesale Club as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Franklin Resources Inc. lifted its position in shares of BJ's Wholesale Club by 10.6% during the 4th quarter. Franklin Resources Inc. now owns 5,268,889 shares of the company's stock valued at $470,775,000 after buying an additional 504,958 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of BJ's Wholesale Club by 1.0% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,331,379 shares of the company's stock worth $387,009,000 after purchasing an additional 43,106 shares during the period. JPMorgan Chase & Co. boosted its position in shares of BJ's Wholesale Club by 2.9% in the fourth quarter. JPMorgan Chase & Co. now owns 2,571,996 shares of the company's stock worth $229,808,000 after purchasing an additional 73,322 shares during the period. Massachusetts Financial Services Co. MA increased its stake in shares of BJ's Wholesale Club by 4.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,486,903 shares of the company's stock worth $222,205,000 after purchasing an additional 99,311 shares in the last quarter. Finally, Clearbridge Investments LLC raised its position in shares of BJ's Wholesale Club by 11.8% during the 4th quarter. Clearbridge Investments LLC now owns 2,330,361 shares of the company's stock valued at $208,218,000 after purchasing an additional 245,731 shares during the period. Institutional investors own 98.60% of the company's stock.

BJ's Wholesale Club Trading Up 0.2 %

Shares of BJ's Wholesale Club stock traded up $0.29 on Friday, reaching $117.55. The company had a trading volume of 492,209 shares, compared to its average volume of 1,642,939. The firm has a market cap of $15.48 billion, a price-to-earnings ratio of 28.23, a P/E/G ratio of 4.50 and a beta of 0.54. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. The firm's 50-day moving average price is $111.97 and its two-hundred day moving average price is $100.44. BJ's Wholesale Club Holdings, Inc. has a 1 year low of $73.93 and a 1 year high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings data on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.86 by $0.07. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The business had revenue of $5.28 billion for the quarter, compared to analysts' expectations of $5.29 billion. As a group, research analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on BJ shares. Loop Capital increased their price target on BJ's Wholesale Club from $95.00 to $110.00 and gave the stock a "hold" rating in a research note on Friday, March 7th. Morgan Stanley increased their target price on BJ's Wholesale Club from $98.00 to $115.00 and gave the stock an "equal weight" rating in a research report on Friday, March 7th. Evercore ISI lowered their price target on BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating on the stock in a report on Tuesday, April 1st. Wells Fargo & Company reaffirmed an "overweight" rating on shares of BJ's Wholesale Club in a report on Friday, March 7th. Finally, UBS Group boosted their target price on shares of BJ's Wholesale Club from $108.00 to $130.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Seven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $110.82.

Insider Buying and Selling at BJ's Wholesale Club

In related news, SVP Joseph Mcgrail sold 2,100 shares of the business's stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $119.74, for a total value of $251,454.00. Following the completion of the sale, the senior vice president now owns 14,240 shares in the company, valued at approximately $1,705,097.60. The trade was a 12.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert Allan Steele sold 11,813 shares of BJ's Wholesale Club stock in a transaction on Friday, March 14th. The shares were sold at an average price of $107.59, for a total value of $1,270,960.67. Following the sale, the director now directly owns 24,351 shares of the company's stock, valued at approximately $2,619,924.09. This trade represents a 32.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 328,505 shares of company stock worth $37,452,686 over the last 90 days. Company insiders own 2.00% of the company's stock.

BJ's Wholesale Club Company Profile

BJ's Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.