Mutual of America Capital Management LLC Sells 3,170 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Mutual of America Capital Management LLC lessened its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 1.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 212,656 shares of the company’s stock after selling 3,170 shares during the period. Mutual of America Capital Management LLC’s holdings in BJ’s Wholesale Club were worth $11,679,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Franklin Resources Inc. raised its holdings in BJ’s Wholesale Club by 151.3% during the second quarter. Franklin Resources Inc. now owns 548,355 shares of the company’s stock valued at $26,092,000 after acquiring an additional 330,178 shares during the period. Thrivent Financial for Lutherans increased its stake in BJ’s Wholesale Club by 15.6% during the second quarter. Thrivent Financial for Lutherans now owns 987,165 shares of the company’s stock worth $46,969,000 after acquiring an additional 133,123 shares during the last quarter. AMI Asset Management Corp increased its stake in BJ’s Wholesale Club by 3.3% during the third quarter. AMI Asset Management Corp now owns 149,019 shares of the company’s stock worth $8,184,000 after acquiring an additional 4,830 shares during the last quarter. Xponance Inc. increased its stake in BJ’s Wholesale Club by 43.4% during the second quarter. Xponance Inc. now owns 21,653 shares of the company’s stock worth $1,030,000 after acquiring an additional 6,554 shares during the last quarter. Finally, Moody Aldrich Partners LLC boosted its position in shares of BJ’s Wholesale Club by 16.7% during the third quarter. Moody Aldrich Partners LLC now owns 158,507 shares of the company’s stock valued at $8,705,000 after buying an additional 22,660 shares during the period.

Shares of BJ stock opened at $60.83 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $37.15 and a 1 year high of $74.09. The company has a current ratio of 0.76, a quick ratio of 0.16 and a debt-to-equity ratio of 1.32. The firm’s fifty day simple moving average is $65.34 and its 200 day simple moving average is $58.27. The firm has a market capitalization of $8.27 billion, a P/E ratio of 20.28, a price-to-earnings-growth ratio of 2.04 and a beta of 0.43.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Thursday, November 18th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.81 by $0.10. BJ’s Wholesale Club had a return on equity of 97.54% and a net margin of 2.55%. The business had revenue of $4.26 billion during the quarter, compared to analysts’ expectations of $3.93 billion. During the same period in the previous year, the business posted $0.92 earnings per share. The firm’s revenue for the quarter was up 14.3% compared to the same quarter last year. Equities research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.18 EPS for the current fiscal year.

A number of analysts recently issued reports on the company. The Goldman Sachs Group lowered BJ’s Wholesale Club from a “conviction-buy” rating to a “buy” rating in a report on Tuesday, December 14th. UBS Group upped their price target on shares of BJ’s Wholesale Club from $70.00 to $81.00 and gave the company a “buy” rating in a report on Friday, November 19th. Zacks Investment Research lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $64.00 target price on the stock. in a research note on Tuesday, October 26th. Bank of America downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “neutral” rating and increased their price objective for the company from $60.00 to $66.00 in a report on Thursday, October 28th. Finally, MKM Partners raised their price target on shares of BJ’s Wholesale Club from $48.00 to $62.00 and gave the stock a “neutral” rating in a report on Friday, November 19th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, BJ’s Wholesale Club currently has a consensus rating of “Hold” and a consensus target price of $66.12.

In other news, Director Robert Allan Steele sold 11,812 shares of the stock in a transaction that occurred on Wednesday, December 15th. The stock was sold at an average price of $67.13, for a total value of $792,939.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Brian Poulliot sold 646 shares of the stock in a transaction on Friday, November 5th. The shares were sold at an average price of $62.03, for a total value of $40,071.38. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,694 shares of company stock valued at $1,451,569. 2.10% of the stock is currently owned by company insiders.

BJ’s Wholesale Club Profile

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse club. Its products 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.

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

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