BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Acquired by Russell Investments Group Ltd.

Russell Investments Group Ltd. grew its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Get Rating) by 42.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,473 shares of the company’s stock after buying an additional 5,232 shares during the period. Russell Investments Group Ltd.’s holdings in BJ’s Wholesale Club were worth $1,156,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Vestmark Advisory Solutions Inc. boosted its stake in BJ’s Wholesale Club by 2.7% during the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 5,401 shares of the company’s stock worth $393,000 after purchasing an additional 143 shares during the period. Nvwm LLC boosted its stake in BJ’s Wholesale Club by 1.3% during the 3rd quarter. Nvwm LLC now owns 14,174 shares of the company’s stock worth $1,032,000 after purchasing an additional 186 shares during the period. Louisiana State Employees Retirement System boosted its stake in BJ’s Wholesale Club by 0.6% during the 4th quarter. Louisiana State Employees Retirement System now owns 36,200 shares of the company’s stock worth $2,395,000 after purchasing an additional 200 shares during the period. Commonwealth Equity Services LLC boosted its stake in BJ’s Wholesale Club by 3.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 6,939 shares of the company’s stock worth $505,000 after purchasing an additional 206 shares during the period. Finally, Cambridge Trust Co. boosted its stake in BJ’s Wholesale Club by 39.5% during the 4th quarter. Cambridge Trust Co. now owns 749 shares of the company’s stock worth $50,000 after purchasing an additional 212 shares during the period. Institutional investors and hedge funds own 93.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Roth Capital restated a “neutral” rating on shares of BJ’s Wholesale Club in a research note on Friday, March 10th. Credit Suisse Group raised their target price on shares of BJ’s Wholesale Club from $75.00 to $80.00 and gave the stock a “neutral” rating in a research note on Friday, March 10th. Morgan Stanley reduced their target price on shares of BJ’s Wholesale Club from $77.00 to $72.00 in a research note on Wednesday. DA Davidson increased their price target on shares of BJ’s Wholesale Club from $88.00 to $90.00 in a report on Friday, March 10th. Finally, Barclays increased their price target on shares of BJ’s Wholesale Club from $24.00 to $25.00 in a report on Tuesday, February 21st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $74.25.

BJ’s Wholesale Club Stock Down 1.6 %

BJ stock opened at $63.52 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.67 and a quick ratio of 0.13. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $53.86 and a 1-year high of $80.41. The firm has a fifty day moving average price of $74.26 and a two-hundred day moving average price of $72.64. The firm has a market cap of $8.51 billion, a price-to-earnings ratio of 16.94, a PEG ratio of 1.90 and a beta of 0.48.

BJ’s Wholesale Club (NYSE:BJ – Get Rating) last released its earnings results on Tuesday, May 23rd. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.01. BJ’s Wholesale Club had a net margin of 2.66% and a return on equity of 60.16%. The firm had revenue of $4.72 billion during the quarter, compared to analyst estimates of $4.81 billion. During the same quarter in the previous year, the firm earned $0.87 earnings per share. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. Research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.94 EPS for the current year.

Insider Activity

In other news, EVP Jeff Desroches sold 7,059 shares of the business’s stock in a transaction on Thursday, March 9th. The shares were sold at an average price of $77.09, for a total transaction of $544,178.31. Following the completion of the transaction, the executive vice president now owns 84,822 shares of the company’s stock, valued at $6,538,927.98. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.20% of the company’s stock.

BJ’s Wholesale Club Profile

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BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.