BJs Wholesale Club Holdings Inc (NYSE:BJ) CEO Christopher J. Baldwin sold 63,200 shares of the business’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of $26.05, for a total transaction of $1,646,360.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
NYSE:BJ opened at $23.59 on Friday. The stock has a market cap of $3.61 billion and a price-to-earnings ratio of 20.69. BJs Wholesale Club Holdings Inc has a one year low of $19.31 and a one year high of $32.92. The business has a fifty day moving average of $25.35.
BJs Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Thursday, May 23rd. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.25 by $0.01. The firm had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.12 billion. BJs Wholesale Club had a negative return on equity of 72.36% and a net margin of 1.14%. BJs Wholesale Club’s revenue for the quarter was up 2.5% compared to the same quarter last year. On average, equities research analysts expect that BJs Wholesale Club Holdings Inc will post 1.48 EPS for the current year.
Several large investors have recently bought and sold shares of the company. LGT Capital Partners LTD. increased its stake in BJs Wholesale Club by 23.1% in the 2nd quarter. LGT Capital Partners LTD. now owns 80,000 shares of the company’s stock worth $2,112,000 after buying an additional 15,000 shares in the last quarter. Oliver Luxxe Assets LLC increased its stake in BJs Wholesale Club by 18.2% in the 2nd quarter. Oliver Luxxe Assets LLC now owns 42,225 shares of the company’s stock worth $1,094,000 after buying an additional 6,495 shares in the last quarter. WINTON GROUP Ltd bought a new position in shares of BJs Wholesale Club during the 2nd quarter valued at about $403,000. First Trust Advisors LP boosted its holdings in shares of BJs Wholesale Club by 0.8% during the 1st quarter. First Trust Advisors LP now owns 115,218 shares of the company’s stock valued at $3,157,000 after purchasing an additional 955 shares during the last quarter. Finally, FMR LLC boosted its holdings in shares of BJs Wholesale Club by 0.7% during the 1st quarter. FMR LLC now owns 20,674,569 shares of the company’s stock valued at $566,483,000 after purchasing an additional 149,164 shares during the last quarter. Hedge funds and other institutional investors own 89.01% of the company’s stock.
A number of equities research analysts have weighed in on the stock. Goldman Sachs Group upgraded shares of Altria Group from a “neutral” rating to a “buy” rating in a research note on Thursday. Evercore ISI assumed coverage on shares of Polarityte in a research note on Wednesday, March 20th. They set an “outperform” rating and a $26.00 target price for the company. Wells Fargo & Co assumed coverage on shares of Propetro in a research note on Friday, March 29th. They set an “outperform” rating for the company. Morgan Stanley set a $28.00 target price on shares of BJs Wholesale Club and gave the company a “hold” rating in a research note on Friday, May 24th. Finally, Zacks Investment Research upgraded shares of HAYS PLC/ADR from a “sell” rating to a “hold” rating in a research note on Tuesday, June 18th. One analyst has rated the stock with a sell rating, six have issued a hold rating and twelve have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $30.79.
About BJs Wholesale Club
BJ's Wholesale Club Holdings, Inc operates as a warehouse club on the East Coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products. The company also sells electronics, computers, office supplies and equipment, home products, health and beauty aids, sporting goods, outdoor living, baby products, toys, and jewelry through Website.
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