Xponance Inc. Has $1.37 Million Stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Xponance Inc. reduced its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 2.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 20,517 shares of the company’s stock after selling 582 shares during the period. Xponance Inc.’s holdings in BJ’s Wholesale Club were worth $1,368,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Global Retirement Partners LLC grew its position in BJ’s Wholesale Club by 45.3% during the third quarter. Global Retirement Partners LLC now owns 491 shares of the company’s stock valued at $34,000 after purchasing an additional 153 shares in the last quarter. Huntington National Bank boosted its stake in shares of BJ’s Wholesale Club by 159.9% during the 3rd quarter. Huntington National Bank now owns 668 shares of the company’s stock valued at $48,000 after buying an additional 411 shares during the period. First Horizon Advisors Inc. grew its holdings in shares of BJ’s Wholesale Club by 23.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 824 shares of the company’s stock valued at $59,000 after acquiring an additional 159 shares in the last quarter. Anchor Investment Management LLC purchased a new position in shares of BJ’s Wholesale Club during the 4th quarter valued at $78,000. Finally, Headlands Technologies LLC acquired a new position in shares of BJ’s Wholesale Club in the third quarter worth $89,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Up 1.1 %

Shares of NYSE:BJ opened at $75.77 on Thursday. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $60.33 and a 52-week high of $80.42. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.14 and a current ratio of 0.73. The company has a market cap of $10.07 billion, a P/E ratio of 19.58, a P/E/G ratio of 3.20 and a beta of 0.26. The stock’s 50-day moving average is $74.33 and its 200-day moving average is $69.51.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Thursday, March 7th. The company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $5.38 billion. During the same quarter last year, the firm posted $1.00 EPS. The company’s revenue was up 8.7% on a year-over-year basis. Equities research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.91 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently issued reports on BJ. Loop Capital reissued a “hold” rating and set a $80.00 price objective (down previously from $85.00) on shares of BJ’s Wholesale Club in a research report on Thursday, April 18th. Gordon Haskett downgraded BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $70.00 price objective on the stock. in a report on Wednesday, February 7th. Evercore ISI cut their price objective on shares of BJ’s Wholesale Club from $79.00 to $78.00 and set an “in-line” rating on the stock in a research report on Tuesday, April 16th. The Goldman Sachs Group raised shares of BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $81.00 to $87.00 in a research report on Monday, April 8th. Finally, JPMorgan Chase & Co. raised 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 report on Friday, March 1st. One analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Hold” and an average target price of $74.40.

Insider Activity at BJ’s Wholesale Club

In other news, EVP Monica Schwartz sold 13,578 shares of the company’s stock in a transaction dated Thursday, April 11th. The shares were sold at an average price of $78.81, for a total transaction of $1,070,082.18. Following the completion of the transaction, the executive vice president now owns 13,545 shares of the company’s stock, valued at $1,067,481.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, EVP Monica Schwartz sold 13,578 shares of the firm’s stock in a transaction on Thursday, April 11th. The stock was sold at an average price of $78.81, for a total value of $1,070,082.18. Following the completion of the transaction, the executive vice president now directly owns 13,545 shares of the company’s stock, valued at $1,067,481.45. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Christopher J. Baldwin sold 73,062 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $73.95, for a total transaction of $5,402,934.90. Following the completion of the sale, the director now directly owns 173,294 shares in the company, valued at approximately $12,815,091.30. The disclosure for this sale can be found here. Insiders sold a total of 98,840 shares of company stock worth $7,408,605 in the last ninety days. 2.20% of the stock is currently owned by insiders.

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.