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

International Assets Investment Management LLC purchased a new stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 86,191 shares of the company’s stock, valued at approximately $5,745,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BJ. Bleakley Financial Group LLC bought a new stake in shares of BJ’s Wholesale Club in the fourth quarter valued at about $729,000. Boston Trust Walden Corp boosted its holdings in BJ’s Wholesale Club by 2.0% in the 4th quarter. Boston Trust Walden Corp now owns 1,073,646 shares of the company’s stock valued at $71,569,000 after purchasing an additional 20,703 shares during the period. Trust Point Inc. acquired a new position in shares of BJ’s Wholesale Club during the 4th quarter worth approximately $211,000. LVZ Inc. raised its position in shares of BJ’s Wholesale Club by 8.3% in the fourth quarter. LVZ Inc. now owns 7,008 shares of the company’s stock valued at $467,000 after buying an additional 540 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC boosted its stake in shares of BJ’s Wholesale Club by 4.5% in the fourth quarter. Foster Victor Wealth Advisors LLC now owns 107,155 shares of the company’s stock valued at $7,043,000 after buying an additional 4,605 shares during the period. 98.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity at BJ’s Wholesale Club

In other news, CEO Robert W. Eddy sold 11,000 shares of BJ’s Wholesale Club stock in a transaction on Monday, April 8th. The shares were sold at an average price of $76.70, for a total transaction of $843,700.00. Following the transaction, the chief executive officer now owns 500,792 shares in the company, valued at $38,410,746.40. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, SVP Joseph Mcgrail sold 1,000 shares of BJ’s Wholesale Club stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $77.37, for a total value of $77,370.00. Following the transaction, the senior vice president now directly owns 12,905 shares of the company’s stock, valued at $998,459.85. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Robert W. Eddy sold 11,000 shares of the stock in a transaction that occurred on Monday, April 8th. The shares were 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 approximately $38,410,746.40. 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 quarter. 2.20% of the stock is owned by insiders.

BJ’s Wholesale Club Stock Up 0.9 %

Shares of NYSE:BJ opened at $77.04 on Wednesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.14 and a current ratio of 0.73. 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 market capitalization of $10.24 billion, a PE ratio of 19.91, a price-to-earnings-growth ratio of 3.20 and a beta of 0.27. The company has a fifty day moving average of $75.28 and a 200-day moving average of $69.84.

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 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 business had revenue of $5.36 billion during the quarter, compared to analysts’ expectations of $5.38 billion. During the same quarter in the prior year, the firm earned $1.00 EPS. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. On average, equities analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.91 EPS for the current fiscal year.

Wall Street Analyst Weigh In

BJ has been the topic of a number of analyst reports. JPMorgan Chase & Co. increased their price target on BJ’s Wholesale Club from $58.00 to $62.00 and gave the stock an “underweight” rating in a research report on Friday, March 1st. Evercore ISI reduced their target price on BJ’s Wholesale Club from $79.00 to $78.00 and set an “in-line” rating on the stock in a report on Tuesday, April 16th. Loop Capital reaffirmed a “hold” rating and issued a $80.00 price target (down previously from $85.00) on shares of BJ’s Wholesale Club in a research note on Thursday, April 18th. The Goldman Sachs Group upgraded shares of BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $81.00 to $87.00 in a research note on Monday, April 8th. Finally, 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 research report on Wednesday, February 7th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $74.40.

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.