6,680 Shares in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Purchased by Diversified Trust Co

Diversified Trust Co acquired a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJGet Rating) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,680 shares of the company’s stock, valued at approximately $452,000.

A number of other hedge funds also recently made changes to their positions in the business. Pacer Advisors Inc. raised its position in BJ’s Wholesale Club by 1.2% in the fourth quarter. Pacer Advisors Inc. now owns 14,285 shares of the company’s stock worth $957,000 after acquiring an additional 174 shares during the period. Moors & Cabot Inc. raised its position in BJ’s Wholesale Club by 3.9% in the third quarter. Moors & Cabot Inc. now owns 4,633 shares of the company’s stock worth $256,000 after acquiring an additional 175 shares during the period. CIBC Asset Management Inc raised its position in BJ’s Wholesale Club by 3.8% in the fourth quarter. CIBC Asset Management Inc now owns 5,754 shares of the company’s stock worth $385,000 after acquiring an additional 209 shares during the period. Vestmark Advisory Solutions Inc. raised its position in shares of BJ’s Wholesale Club by 5.3% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 4,614 shares of the company’s stock valued at $309,000 after purchasing an additional 232 shares during the period. Finally, MetLife Investment Management LLC raised its position in shares of BJ’s Wholesale Club by 0.3% in the fourth quarter. MetLife Investment Management LLC now owns 113,396 shares of the company’s stock valued at $7,594,000 after purchasing an additional 291 shares during the period. 99.98% of the stock is currently owned by institutional investors and hedge funds.

Several research firms have recently issued reports on BJ. Jefferies Financial Group boosted their price target on shares of BJ’s Wholesale Club from $69.00 to $72.00 in a research report on Thursday, June 2nd. Robert W. Baird reissued an “outperform” rating and issued a $70.00 price target on shares of BJ’s Wholesale Club in a research report on Monday, May 23rd. Credit Suisse Group lowered their price target on shares of BJ’s Wholesale Club from $80.00 to $70.00 and set an “outperform” rating on the stock in a research report on Friday, March 4th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of BJ’s Wholesale Club from $70.00 to $74.00 in a research report on Friday, May 20th. Finally, Citigroup upped their target price 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. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.64.

BJ stock opened at $61.54 on Friday. BJ’s Wholesale Club Holdings, Inc. has a one year low of $45.60 and a one year high of $74.09. The stock has a market cap of $8.32 billion, a PE ratio of 18.54, a P/E/G ratio of 1.95 and a beta of 0.52. The firm has a 50 day simple moving average of $61.59 and a two-hundred day simple moving average of $63.18. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.80 and a quick ratio of 0.14.

BJ’s Wholesale Club (NYSE:BJGet Rating) last announced 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. BJ’s Wholesale Club had a net margin of 2.65% and a return on equity of 77.13%. The company had revenue of $4.50 billion during the quarter, compared to analysts’ expectations of $4.24 billion. During the same quarter in the prior year, the company earned $0.72 EPS. The firm’s revenue was up 16.2% on a year-over-year basis. On average, research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.32 EPS for the current fiscal year.

In other BJ’s Wholesale Club news, Director Kenneth M. Parent sold 35,004 shares of the stock in a transaction on Tuesday, April 5th. The shares were sold at an average price of $67.42, for a total transaction of $2,359,969.68. Following the completion of the sale, the director now owns 14,143 shares of the company’s stock, valued at approximately $953,521.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Scott Kessler sold 2,125 shares of the stock in a transaction on Tuesday, June 21st. The shares were sold at an average price of $60.27, for a total transaction of $128,073.75. Following the sale, the executive vice president now directly owns 124,481 shares of the company’s stock, valued at approximately $7,502,469.87. The disclosure for this sale can be found here. Insiders sold a total of 46,643 shares of company stock valued at $3,052,319 in the last ninety days. 2.10% of the stock is owned by corporate insiders.

BJ’s Wholesale Club Profile (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.

See Also

Want to see what other hedge funds are holding BJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BJ’s Wholesale Club Holdings, Inc. (NYSE:BJGet Rating).

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

Receive News & Ratings for BJ's Wholesale Club Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BJ's Wholesale Club and related companies with MarketBeat.com's FREE daily email newsletter.