CHICAGO TRUST Co NA Makes New $328,000 Investment in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

CHICAGO TRUST Co NA purchased a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJGet Rating) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 4,845 shares of the company’s stock, valued at approximately $328,000.

Other hedge funds also recently added to or reduced their stakes in the company. Sageworth Trust Co of South Dakota purchased a new position in BJ’s Wholesale Club in the 4th quarter worth approximately $26,000. Counterpoint Mutual Funds LLC purchased a new position in BJ’s Wholesale Club in the 4th quarter worth approximately $26,000. City State Bank purchased a new position in BJ’s Wholesale Club in the 4th quarter worth approximately $25,000. National Bank of Canada FI purchased a new position in BJ’s Wholesale Club in the 4th quarter worth approximately $31,000. Finally, First Horizon Advisors Inc. lifted its holdings in shares of BJ’s Wholesale Club by 108.1% in the 4th quarter. First Horizon Advisors Inc. now owns 793 shares of the company’s stock worth $53,000 after acquiring an additional 412 shares during the last quarter. 99.98% of the stock is owned by institutional investors and hedge funds.

In other news, Director Kenneth M. Parent sold 35,004 shares of the company’s stock in a transaction dated Tuesday, April 5th. The shares were sold at an average price of $67.42, for a total value of $2,359,969.68. Following the sale, the director now directly owns 14,143 shares of the company’s stock, valued at approximately $953,521.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Scott Kessler sold 9,514 shares of the company’s stock in a transaction dated Wednesday, June 15th. The stock was sold at an average price of $59.31, for a total transaction of $564,275.34. Following the completion of the sale, the executive vice president now directly owns 128,326 shares in the company, valued at $7,611,015.06. The disclosure for this sale can be found here. 2.10% of the stock is currently owned by insiders.

A number of equities research analysts have recently weighed in on BJ shares. Credit Suisse Group lowered their price objective on shares of BJ’s Wholesale Club from $80.00 to $70.00 and set an “outperform” rating for the company in a report on Friday, March 4th. Jefferies Financial Group boosted their price objective on shares of BJ’s Wholesale Club from $69.00 to $72.00 in a report on Thursday, June 2nd. Citigroup boosted their price objective on shares of BJ’s Wholesale Club from $58.00 to $63.00 and gave the stock a “neutral” rating in a report on Friday, May 20th. Robert W. Baird restated an “outperform” rating and issued a $70.00 price objective on shares of BJ’s Wholesale Club in a report on Monday, May 23rd. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of BJ’s Wholesale Club from $70.00 to $74.00 in a report on Friday, May 20th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, BJ’s Wholesale Club currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.64.

Shares of BJ’s Wholesale Club stock opened at $60.02 on Thursday. The company has a current ratio of 0.80, a quick ratio of 0.14 and a debt-to-equity ratio of 1.04. The company’s fifty day simple moving average is $61.71 and its two-hundred day simple moving average is $63.23. The company has a market cap of $8.11 billion, a P/E ratio of 18.08, a PEG ratio of 1.95 and a beta of 0.52. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $45.60 and a 12-month high of $74.09.

BJ’s Wholesale Club (NYSE:BJGet Rating) last issued its quarterly earnings data on Thursday, May 19th. The company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.15. The business had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.24 billion. BJ’s Wholesale Club had a net margin of 2.65% and a return on equity of 77.13%. The company’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.72 EPS. Analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.32 EPS for the current fiscal year.

About BJ’s Wholesale Club (Get Rating)

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the east coast of the United States. It provides perishable, general merchandise, gasoline, and other ancillary services. The company sells its products through the websites BJs.com, BerkleyJensen.com, Wellsleyfarms.com, and Delivery.bjs.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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