Trillium Asset Management LLC Lowers Stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Trillium Asset Management LLC lowered its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 42.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 78,615 shares of the company’s stock after selling 57,058 shares during the period. Trillium Asset Management LLC owned about 0.06% of BJ’s Wholesale Club worth $7,024,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in BJ. Tortoise Investment Management LLC grew its holdings in shares of BJ’s Wholesale Club by 78.7% during the 4th quarter. Tortoise Investment Management LLC now owns 529 shares of the company’s stock valued at $47,000 after purchasing an additional 233 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in BJ’s Wholesale Club in the 3rd quarter worth $55,000. UMB Bank n.a. grew its holdings in BJ’s Wholesale Club by 68.2% in the 4th quarter. UMB Bank n.a. now owns 624 shares of the company’s stock worth $56,000 after acquiring an additional 253 shares during the last quarter. Avior Wealth Management LLC grew its holdings 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 worth $104,000 after acquiring an additional 703 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in BJ’s Wholesale Club by 34.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company’s stock worth $113,000 after acquiring an additional 324 shares during the last quarter. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Down 0.4 %

Shares of BJ’s Wholesale Club stock opened at $110.06 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. The stock has a market capitalization of $14.54 billion, a PE ratio of 26.46, a price-to-earnings-growth ratio of 4.50 and a beta of 0.28. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $71.81 and a 52-week high of $118.40. The company has a 50-day simple moving average of $102.67 and a two-hundred day simple moving average of $93.24.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.07. The business had revenue of $5.28 billion during the quarter, compared to analysts’ expectations of $5.29 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. On average, analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Robert Allan Steele sold 11,813 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the completion of the transaction, the director now directly owns 24,351 shares of the company’s stock, valued at $2,619,924.09. The trade was a 32.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Jefferies Financial Group raised their price target on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Robert W. Baird lifted their target price on shares of BJ’s Wholesale Club from $115.00 to $125.00 and gave the company an “outperform” rating in a research note on Friday, March 7th. JPMorgan Chase & Co. lifted their target price on shares of BJ’s Wholesale Club from $87.00 to $101.00 and gave the company a “neutral” rating in a research note on Monday, March 3rd. TD Cowen lifted their target price on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Finally, Roth Mkm lifted their target price on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the company a “neutral” rating in a research note on Monday, November 25th. Seven investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, BJ’s Wholesale Club has a consensus rating of “Moderate Buy” and a consensus target price of $108.71.

BJ’s Wholesale Club Company Profile

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.