Kapitalo Investimentos Ltda Acquires 9,176 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Kapitalo Investimentos Ltda grew its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 1,768.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 9,695 shares of the company’s stock after acquiring an additional 9,176 shares during the period. Kapitalo Investimentos Ltda’s holdings in BJ’s Wholesale Club were worth $646,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of BJ. FMR LLC increased its stake in shares of BJ’s Wholesale Club by 39.7% during the 3rd quarter. FMR LLC now owns 16,013,702 shares of the company’s stock worth $1,142,898,000 after purchasing an additional 4,548,963 shares during the last quarter. Victory Capital Management Inc. lifted its stake in BJ’s Wholesale Club by 13.0% in the fourth quarter. Victory Capital Management Inc. now owns 5,136,282 shares of the company’s stock worth $342,385,000 after purchasing an additional 590,113 shares during the last quarter. Morgan Stanley increased its position in shares of BJ’s Wholesale Club by 10.3% in the third quarter. Morgan Stanley now owns 3,940,441 shares of the company’s stock valued at $281,229,000 after acquiring an additional 369,317 shares during the period. River Road Asset Management LLC increased its position in shares of BJ’s Wholesale Club by 5.9% during the third quarter. River Road Asset Management LLC now owns 3,883,231 shares of the company’s stock valued at $277,146,000 after buying an additional 217,747 shares during the period. Finally, Putnam Investments LLC increased its position in shares of BJ’s Wholesale Club by 4.3% during the fourth quarter. Putnam Investments LLC now owns 3,647,981 shares of the company’s stock valued at $243,174,000 after buying an additional 150,414 shares during the period. 98.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BJ. Evercore ISI raised their target price on shares of BJ’s Wholesale Club from $80.00 to $86.00 and gave the company an “in-line” rating in a research note on Friday, May 24th. DA Davidson raised their target price on shares of BJ’s Wholesale Club from $92.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, May 24th. TD Cowen boosted their target price on shares of BJ’s Wholesale Club from $93.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, May 24th. The Goldman Sachs Group raised shares of BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $81.00 to $87.00 in a research report on Monday, April 8th. Finally, Loop Capital reissued a “hold” rating and set a $80.00 target price (down previously from $85.00) on shares of BJ’s Wholesale Club in a research report on Thursday, April 18th. One analyst has rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, BJ’s Wholesale Club currently has an average rating of “Hold” and a consensus target price of $81.88.

Insider Buying and Selling at BJ’s Wholesale Club

In related news, EVP Jeff Desroches sold 14,106 shares of the firm’s stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of $86.00, for a total transaction of $1,213,116.00. Following the transaction, the executive vice president now owns 87,294 shares in the company, valued at $7,507,284. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Robert W. Eddy sold 11,000 shares of the firm’s stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of $76.70, for a total transaction of $843,700.00. Following the completion of the sale, the chief executive officer now directly owns 500,792 shares in the company, valued at $38,410,746.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Jeff Desroches sold 14,106 shares of the firm’s stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of $86.00, for a total transaction of $1,213,116.00. Following the sale, the executive vice president now owns 87,294 shares of the company’s stock, valued at $7,507,284. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 39,684 shares of company stock worth $3,204,268. 2.00% of the stock is owned by company insiders.

BJ’s Wholesale Club Trading Down 0.5 %

Shares of BJ stock traded down $0.45 on Tuesday, reaching $89.09. 141,464 shares of the stock were exchanged, compared to its average volume of 1,502,869. The stock has a market cap of $11.82 billion, a P/E ratio of 23.21, a price-to-earnings-growth ratio of 3.08 and a beta of 0.24. The company has a quick ratio of 0.14, a current ratio of 0.74 and a debt-to-equity ratio of 0.26. The firm has a 50 day moving average of $80.59 and a two-hundred day moving average of $73.22. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $60.45 and a 1-year high of $89.93.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Thursday, May 23rd. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.02. BJ’s Wholesale Club had a return on equity of 37.78% and a net margin of 2.59%. The firm had revenue of $4.92 billion during the quarter, compared to the consensus estimate of $4.86 billion. During the same period in the prior year, the firm earned $0.85 EPS. The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. On average, research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.91 EPS for the current year.

BJ’s Wholesale Club Company 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.