BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Holdings Trimmed by Vontobel Holding Ltd.

Vontobel Holding Ltd. reduced its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 23.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 15,513 shares of the company’s stock after selling 4,654 shares during the quarter. Vontobel Holding Ltd.’s holdings in BJ’s Wholesale Club were worth $1,034,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Global Retirement Partners LLC grew its stake in shares of BJ’s Wholesale Club by 45.3% in the 3rd quarter. Global Retirement Partners LLC now owns 491 shares of the company’s stock worth $34,000 after purchasing an additional 153 shares during the last quarter. Fortis Capital Advisors LLC acquired a new position in BJ’s Wholesale Club in the fourth quarter worth approximately $46,000. Huntington National Bank increased its holdings in shares of BJ’s Wholesale Club by 159.9% in the third quarter. Huntington National Bank now owns 668 shares of the company’s stock valued at $48,000 after buying an additional 411 shares in the last quarter. Point72 Hong Kong Ltd acquired a new stake in shares of BJ’s Wholesale Club during the 1st quarter valued at $50,000. Finally, First Horizon Advisors Inc. grew its holdings in shares of BJ’s Wholesale Club by 23.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 824 shares of the company’s stock worth $59,000 after acquiring an additional 159 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors.

Insider Activity at BJ’s Wholesale Club

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 shares were sold at an average price of $76.70, for a total value of $843,700.00. Following the completion of the sale, the chief executive officer now directly owns 500,792 shares of the company’s stock, valued at $38,410,746.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other BJ’s Wholesale Club news, Director Christopher J. Baldwin sold 73,062 shares of the business’s stock in a transaction dated 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 completion of the sale, the director now owns 173,294 shares of the company’s stock, valued at $12,815,091.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert W. Eddy sold 11,000 shares of the company’s stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $76.70, for a total value of $843,700.00. Following the sale, the chief executive officer now owns 500,792 shares of the company’s stock, valued at approximately $38,410,746.40. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 98,840 shares of company stock valued at $7,408,605. 2.20% of the stock is currently owned by corporate insiders.

BJ’s Wholesale Club Price Performance

Shares of NYSE:BJ opened at $73.74 on Friday. The firm has a market cap of $9.80 billion, a price-to-earnings ratio of 19.05, a P/E/G ratio of 3.14 and a beta of 0.26. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $60.33 and a 1 year 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 business has a fifty day simple moving average of $73.91 and a 200 day simple moving average of $69.39.

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

Analysts Set New Price Targets

Several brokerages have recently commented on BJ. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $70.00 target price (down from $73.00) on shares of BJ’s Wholesale Club in a report on Thursday, January 4th. Gordon Haskett cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $70.00 target price for the company. in a report on Wednesday, February 7th. The Goldman Sachs Group raised shares of BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $81.00 to $87.00 in a research report on Monday, April 8th. JPMorgan Chase & Co. upped their price target on shares of 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. Finally, Loop Capital reissued a “hold” rating and set a $80.00 target price (down from $85.00) on shares of BJ’s Wholesale Club in a research note on Thursday. One analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $74.40.

About BJ’s Wholesale Club

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.