Barclays PLC Has $9.38 Million Stock Position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Barclays PLC lifted its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJFree Report) by 64.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 131,362 shares of the company’s stock after purchasing an additional 51,349 shares during the quarter. Barclays PLC owned approximately 0.10% of BJ’s Wholesale Club worth $9,375,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of BJ. Global Retirement Partners LLC grew its holdings in shares of BJ’s Wholesale Club by 45.3% during 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 in the last quarter. ST Germain D J Co. Inc. acquired a new stake in shares of BJ’s Wholesale Club during the 2nd quarter worth approximately $37,000. First Horizon Advisors Inc. grew its holdings in shares of BJ’s Wholesale Club by 41.2% during the 2nd quarter. First Horizon Advisors Inc. now owns 665 shares of the company’s stock worth $42,000 after purchasing an additional 194 shares in the last quarter. Fortis Capital Advisors LLC acquired a new stake in shares of BJ’s Wholesale Club during the 4th quarter worth approximately $46,000. Finally, Point72 Hong Kong Ltd acquired a new stake in shares of BJ’s Wholesale Club during the 1st quarter worth approximately $50,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Up 0.8 %

Shares of BJ opened at $65.85 on Wednesday. The company has a quick ratio of 0.12, a current ratio of 0.73 and a debt-to-equity ratio of 0.29. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $60.33 and a 12-month high of $78.88. The firm has a market capitalization of $8.78 billion, a PE ratio of 17.61, a price-to-earnings-growth ratio of 2.28 and a beta of 0.23. The stock’s fifty day simple moving average is $65.76 and its 200-day simple moving average is $67.44.

BJ’s Wholesale Club (NYSE:BJGet Free Report) last released its earnings results on Friday, November 17th. The company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.03. BJ’s Wholesale Club had a return on equity of 43.26% and a net margin of 2.61%. The firm had revenue of $4.82 billion for the quarter, compared to analyst estimates of $4.90 billion. During the same quarter in the prior year, the firm posted $0.99 earnings per share. The company’s quarterly revenue was up .7% on a year-over-year basis. As a group, research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.85 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on BJ. Gordon Haskett raised BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a report on Friday, November 10th. Roth Mkm reiterated a “neutral” rating and issued a $63.00 price target on shares of BJ’s Wholesale Club in a research report on Monday, November 20th. Deutsche Bank Aktiengesellschaft cut BJ’s Wholesale Club from a “buy” rating to a “hold” rating and lowered their price target for the company from $79.00 to $71.00 in a research report on Monday, November 6th. Citigroup lowered their price target on BJ’s Wholesale Club from $74.00 to $72.00 and set a “neutral” rating on the stock in a research report on Monday, November 20th. Finally, The Goldman Sachs Group cut BJ’s Wholesale Club from a “buy” rating to a “neutral” rating and lowered their price target for the company from $75.00 to $73.00 in a research report on Tuesday, October 17th. Ten investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $70.81.

Check Out Our Latest Analysis on BJ

Insider Buying and Selling at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 1,000 shares of the stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $65.87, for a total value of $65,870.00. Following the transaction, the senior vice president now owns 10,464 shares of the company’s stock, valued at $689,263.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 2.20% of the company’s stock.

BJ’s Wholesale Club Profile

(Free Report)

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the eastern half of the United States. It provides perishable, general merchandise, gasoline, coupon books, promotions, and other ancillary services. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.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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