86,191 Shares in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Bought by International Assets Investment Management LLC

International Assets Investment Management LLC acquired a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 86,191 shares of the company’s stock, valued at approximately $5,745,000.

Other large investors also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. purchased a new position in BJ’s Wholesale Club during the first quarter valued at $268,000. HighTower Advisors LLC lifted its position in BJ’s Wholesale Club by 44.3% during the first quarter. HighTower Advisors LLC now owns 7,180 shares of the company’s stock valued at $487,000 after purchasing an additional 2,203 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in BJ’s Wholesale Club by 104.7% during the first quarter. PNC Financial Services Group Inc. now owns 10,961 shares of the company’s stock valued at $741,000 after purchasing an additional 5,607 shares in the last quarter. Bank of Montreal Can lifted its position in BJ’s Wholesale Club by 7.4% during the first quarter. Bank of Montreal Can now owns 12,440 shares of the company’s stock valued at $843,000 after purchasing an additional 862 shares in the last quarter. Finally, Great West Life Assurance Co. Can lifted its position in BJ’s Wholesale Club by 7.7% during the first quarter. Great West Life Assurance Co. Can now owns 74,006 shares of the company’s stock valued at $5,143,000 after purchasing an additional 5,272 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.

Wall Street Analyst Weigh In

BJ has been the topic of several analyst reports. Gordon Haskett downgraded BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $70.00 target price on the stock. in a research report on Wednesday, February 7th. Evercore ISI lowered their price objective on BJ’s Wholesale Club from $84.00 to $80.00 and set an “in-line” rating on the stock in a research report on Tuesday, April 2nd. JPMorgan Chase & Co. boosted their price objective on BJ’s Wholesale Club from $58.00 to $62.00 and gave the company an “underweight” rating in a research report on Friday, March 1st. The Goldman Sachs Group upgraded BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $81.00 to $87.00 in a research report on Monday, April 8th. Finally, Wells Fargo & Company restated an “equal weight” rating and issued a $70.00 price objective (down from $73.00) on shares of BJ’s Wholesale Club in a research report on Thursday, January 4th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Hold” and an average price target of $74.53.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 11,000 shares of the business’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 transaction of $843,700.00. Following the sale, the chief executive officer now directly owns 500,792 shares of the company’s stock, valued at $38,410,746.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 11,000 shares of the business’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 transaction of $843,700.00. Following the sale, the chief executive officer now directly owns 500,792 shares of the company’s stock, valued at $38,410,746.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Christopher J. Baldwin sold 73,062 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $73.95, for a total value of $5,402,934.90. Following the sale, the director now directly owns 173,294 shares in the company, valued at $12,815,091.30. The disclosure for this sale can be found here. Insiders have sold 97,840 shares of company stock valued at $7,331,235 over the last ninety days. 2.20% of the stock is owned by insiders.

BJ’s Wholesale Club Trading Down 1.1 %

Shares of BJ stock opened at $76.15 on Tuesday. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $60.33 and a 12-month high of $80.42. The company has a current ratio of 0.73, a quick ratio of 0.14 and a debt-to-equity ratio of 0.27. The stock’s 50-day moving average price is $73.26 and its 200-day moving average price is $69.27. The stock has a market capitalization of $10.12 billion, a price-to-earnings ratio of 19.68, a price-to-earnings-growth ratio of 3.33 and a beta of 0.26.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Thursday, March 7th. The company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.05. BJ’s Wholesale Club had a return on equity of 40.84% and a net margin of 2.64%. The firm had revenue of $5.36 billion for the quarter, compared to analysts’ expectations of $5.38 billion. During the same period in the previous year, the firm posted $1.00 earnings per share. The business’s revenue was up 8.7% compared to the same quarter last year. Equities research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.91 EPS for the current fiscal year.

BJ’s Wholesale Club 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.