2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. cut its holdings in BJ’s Wholesale Club Holdings, Inc. ( NYSE:BJ – Free Report ) by 44.
7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,629 shares of the company’s stock after selling 22,341 shares during the period. Russell Investments Group Ltd.
’s holdings in BJ’s Wholesale Club were worth $2,469,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Brown Brothers Harriman & Co.
boosted its stake in BJ’s Wholesale Club by 652.9% in the 4th quarter. Brown Brothers Harriman & Co.
now owns 527 shares of the company’s stock worth $47,000 after purchasing an additional 457 shares during the period. Tortoise Investment Management LLC lifted its holdings in shares of BJ’s Wholesale Club by 78.7% in the 4th quarter.
Tortoise Investment Management LLC now owns 529 shares of the company’s stock worth $47,000 after acquiring an additional 233 shares during the last quarter. UMB Bank n.a.
boosted its stake in shares of BJ’s Wholesale Club by 68.2% during the 4th quarter. UMB Bank n.
a. now owns 624 shares of the company’s stock worth $56,000 after purchasing an additional 253 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of BJ’s Wholesale Club during the third quarter valued at approximately $55,000.
Finally, Avior Wealth Management LLC grew its position in BJ’s Wholesale Club by 151.2% in the 4th quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock valued at $104,000 after acquiring an additional 703 shares during the last quarter.
98.60% of the stock is currently owned by hedge funds and other institutional investors. Insider Activity at BJ’s Wholesale Club In related news, Director Robert Allan Steele sold 11,813 shares of the business’s stock in a transaction dated Friday, March 14th.
The shares were sold at an average price of $107.59, for a total value of $1,270,960.67.
Following the sale, the director now directly owns 24,351 shares in the company, valued at approximately $2,619,924.09. The trade was a 32.
67 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link . Also, SVP Joseph Mcgrail sold 2,100 shares of the company’s stock in a transaction that occurred on Tuesday, April 15th.
The stock was sold at an average price of $119.74, for a total transaction of $251,454.00.
Following the completion of the transaction, the senior vice president now owns 14,240 shares in the company, valued at approximately $1,705,097.60. This represents a 12.
85 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last quarter, insiders sold 328,505 shares of company stock valued at $37,452,686.
Corporate insiders own 2.00% of the company’s stock. BJ’s Wholesale Club Trading Up 2.
4 % BJ’s Wholesale Club ( NYSE:BJ – Get Free Report ) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.
86 by $0.07. BJ’s Wholesale Club had a net margin of 2.
71% and a return on equity of 35.41%. The firm had revenue of $5.
28 billion for the quarter, compared to analyst estimates of $5.29 billion. On average, equities research analysts expect that BJ’s Wholesale Club Holdings, Inc.
will post 3.96 EPS for the current fiscal year. Wall Street Analyst Weigh In BJ has been the topic of a number of research analyst reports.
Morgan Stanley upped their target price on shares of BJ’s Wholesale Club from $98.00 to $115.00 and gave the stock an “equal weight” rating in a research note on Friday, March 7th.
UBS Group increased their price target on shares of BJ’s Wholesale Club from $108.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, March 7th.
Wells Fargo & Company restated an “overweight” rating on shares of BJ’s Wholesale Club in a research note on Friday, March 7th. Citigroup upgraded shares of BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and upped their price target for the company from $115.00 to $130.
00 in a research note on Thursday, April 3rd. Finally, Loop Capital raised their price objective on BJ’s Wholesale Club from $95.00 to $110.
00 and gave the stock a “hold” rating in a research note on Friday, March 7th. Seven analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $110.
82. Get Our Latest Analysis on BJ BJ’s Wholesale Club Company Profile ( Free Report ) 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.
See Also Want to see what other hedge funds are holding BJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BJ’s Wholesale Club Holdings, Inc. ( NYSE:BJ – Free Report ).
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