BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky trimmed its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJGet Rating) by 5.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,900 shares of the company’s stock after selling 1,300 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in BJ’s Wholesale Club were worth $1,413,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in BJ. Raymond James Financial Services Advisors Inc. acquired a new stake in BJ’s Wholesale Club in the 4th quarter valued at about $202,000. HighTower Advisors LLC boosted its stake in shares of BJ’s Wholesale Club by 14.1% during the 4th quarter. HighTower Advisors LLC now owns 4,977 shares of the company’s stock worth $334,000 after purchasing an additional 615 shares during the last quarter. Allianz Asset Management GmbH boosted its stake in shares of BJ’s Wholesale Club by 95.6% during the 4th quarter. Allianz Asset Management GmbH now owns 161,262 shares of the company’s stock worth $10,791,000 after purchasing an additional 78,800 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of BJ’s Wholesale Club by 133.3% during the 4th quarter. Renaissance Technologies LLC now owns 275,500 shares of the company’s stock worth $18,450,000 after purchasing an additional 157,400 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of BJ’s Wholesale Club by 2.3% during the 4th quarter. Geode Capital Management LLC now owns 2,313,969 shares of the company’s stock worth $154,966,000 after purchasing an additional 51,803 shares during the last quarter. 98.26% of the stock is owned by institutional investors and hedge funds.

Insider Activity at BJ’s Wholesale Club

In other news, EVP Scott Kessler sold 13,359 shares of BJ’s Wholesale Club stock in a transaction that occurred on Thursday, September 15th. The shares were sold at an average price of $76.36, for a total transaction of $1,020,093.24. Following the sale, the executive vice president now owns 116,791 shares in the company, valued at $8,918,160.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, EVP William C. Werner sold 20,000 shares of BJ’s Wholesale Club stock in a transaction that occurred on Tuesday, July 5th. The shares were sold at an average price of $64.54, for a total transaction of $1,290,800.00. Following the sale, the executive vice president now owns 37,361 shares in the company, valued at $2,411,278.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Scott Kessler sold 13,359 shares of the firm’s stock in a transaction that occurred on Thursday, September 15th. The stock was sold at an average price of $76.36, for a total transaction of $1,020,093.24. Following the sale, the executive vice president now directly owns 116,791 shares of the company’s stock, valued at approximately $8,918,160.76. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 54,403 shares of company stock worth $3,762,136. Company insiders own 2.10% of the company’s stock.

BJ’s Wholesale Club Trading Down 0.8 %

NYSE BJ opened at $75.00 on Friday. BJ’s Wholesale Club Holdings, Inc. has a one year low of $51.45 and a one year high of $79.69. The company’s 50 day moving average price is $72.21 and its 200 day moving average price is $66.50. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.17 and a current ratio of 0.73. The firm has a market capitalization of $10.13 billion, a price-to-earnings ratio of 21.13, a PEG ratio of 2.26 and a beta of 0.43.

BJ’s Wholesale Club (NYSE:BJGet Rating) last posted its quarterly earnings results on Thursday, August 18th. The company reported $1.06 EPS for the quarter, beating the consensus estimate of $0.83 by $0.23. BJ’s Wholesale Club had a net margin of 2.68% and a return on equity of 71.47%. The firm had revenue of $5.10 billion for the quarter, compared to analyst estimates of $4.63 billion. During the same quarter last year, the firm posted $0.82 earnings per share. BJ’s Wholesale Club’s revenue for the quarter was up 22.2% compared to the same quarter last year. On average, sell-side analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.6 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have issued reports on BJ. Deutsche Bank Aktiengesellschaft raised their price target on shares of BJ’s Wholesale Club from $81.00 to $86.00 in a research note on Friday, August 19th. Morgan Stanley raised their price target on shares of BJ’s Wholesale Club from $65.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Friday, August 19th. DA Davidson raised their price target on shares of BJ’s Wholesale Club from $72.00 to $88.00 and gave the stock a “buy” rating in a research note on Friday, August 19th. Citigroup raised their target price on shares of BJ’s Wholesale Club to $81.00 in a research report on Monday, August 22nd. Finally, Robert W. Baird raised their target price on shares of BJ’s Wholesale Club from $77.00 to $85.00 and gave the stock an “outperform” rating in a research report on Friday, August 19th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $77.13.

About BJ’s Wholesale Club

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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.

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

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