BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Amalgamated Bank

Amalgamated Bank reduced its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 6.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 90,640 shares of the company’s stock after selling 6,635 shares during the period. Amalgamated Bank owned approximately 0.07% of BJ’s Wholesale Club worth $6,042,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. First Horizon Advisors Inc. boosted its holdings in BJ’s Wholesale Club by 36.7% during the fourth quarter. First Horizon Advisors Inc. now owns 1,126 shares of the company’s stock worth $75,000 after buying an additional 302 shares in the last quarter. New York Life Investment Management LLC boosted its stake in shares of BJ’s Wholesale Club by 6.5% during the 4th quarter. New York Life Investment Management LLC now owns 15,140 shares of the company’s stock worth $1,009,000 after acquiring an additional 928 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of BJ’s Wholesale Club by 13.0% in the 4th quarter. Victory Capital Management Inc. now owns 5,136,282 shares of the company’s stock worth $342,385,000 after acquiring an additional 590,113 shares during the period. Norden Group LLC increased its stake in BJ’s Wholesale Club by 7.6% in the 4th quarter. Norden Group LLC now owns 12,732 shares of the company’s stock valued at $849,000 after purchasing an additional 901 shares in the last quarter. Finally, Gitterman Wealth Management LLC purchased a new stake in BJ’s Wholesale Club during the fourth quarter worth $261,000. 98.60% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at BJ’s Wholesale Club

In other news, Director Christopher J. Baldwin sold 73,062 shares of the stock in a transaction on Monday, March 11th. The shares were sold at an average price of $73.95, for a total value of $5,402,934.90. Following the completion of the sale, the director now owns 173,294 shares of the company’s stock, valued at $12,815,091.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Christopher J. Baldwin sold 73,062 shares of the stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $73.95, for a total value of $5,402,934.90. Following the completion of the sale, the director now owns 173,294 shares in the company, valued at $12,815,091.30. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Joseph Mcgrail sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $77.37, for a total value of $77,370.00. Following the completion of the transaction, the senior vice president now owns 12,905 shares of the company’s stock, valued at approximately $998,459.85. The disclosure for this sale can be found here. Insiders have sold a total of 98,840 shares of company stock valued at $7,408,605 over the last ninety days. Corporate insiders own 2.20% of the company’s stock.

BJ’s Wholesale Club Stock Down 1.7 %

Shares of NYSE BJ opened at $73.98 on Monday. The stock has a market capitalization of $9.84 billion, a PE ratio of 19.12, a P/E/G ratio of 3.20 and a beta of 0.27. The company has a quick ratio of 0.14, a current ratio of 0.73 and a debt-to-equity ratio of 0.27. The firm has a fifty day moving average of $75.18 and a 200-day moving average of $69.80. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $60.33 and a 52-week high of $80.42.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings results on Thursday, March 7th. The company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.05. The firm had revenue of $5.36 billion during the quarter, compared to the consensus estimate of $5.38 billion. BJ’s Wholesale Club had a return on equity of 40.84% and a net margin of 2.64%. During the same quarter in the previous year, the business earned $1.00 earnings per share. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. On average, analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.91 EPS for the current year.

Analyst Ratings Changes

BJ has been the subject of a number of research analyst reports. JPMorgan Chase & Co. raised their price target on BJ’s Wholesale Club from $58.00 to $62.00 and gave the company an “underweight” rating in a research report on Friday, March 1st. Evercore ISI cut their target price on shares of BJ’s Wholesale Club from $79.00 to $78.00 and set an “in-line” rating for the company in a research report on Tuesday, April 16th. Gordon Haskett lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $70.00 price target on the stock. in a research report on Wednesday, February 7th. The Goldman Sachs Group upgraded BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $81.00 to $87.00 in a research report on Monday, April 8th. Finally, Loop Capital reiterated a “hold” rating and set a $80.00 target price (down previously from $85.00) on shares of BJ’s Wholesale Club in a report on Thursday, April 18th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Hold” and a consensus price target of $74.40.

BJ’s Wholesale Club Profile

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