O Brien Greene & Co. Inc Sells 9,500 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

O Brien Greene & Co. Inc trimmed its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 70.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,900 shares of the company’s stock after selling 9,500 shares during the period. O Brien Greene & Co. Inc’s holdings in BJ’s Wholesale Club were worth $260,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of BJ. FMR LLC boosted its position in BJ’s Wholesale Club by 39.7% during the 3rd quarter. FMR LLC now owns 16,013,702 shares of the company’s stock valued at $1,142,898,000 after acquiring an additional 4,548,963 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of BJ’s Wholesale Club by 22.2% during the third quarter. Victory Capital Management Inc. now owns 4,546,169 shares of the company’s stock valued at $324,460,000 after purchasing an additional 826,591 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of BJ’s Wholesale Club by 38.3% during the third quarter. Ameriprise Financial Inc. now owns 1,688,394 shares of the company’s stock valued at $120,500,000 after purchasing an additional 467,575 shares during the last quarter. Schonfeld Strategic Advisors LLC purchased a new position in shares of BJ’s Wholesale Club during the third quarter valued at approximately $29,768,000. Finally, Morgan Stanley lifted its holdings in shares of BJ’s Wholesale Club by 10.3% during the third quarter. Morgan Stanley now owns 3,940,441 shares of the company’s stock valued at $281,229,000 after purchasing an additional 369,317 shares during the last quarter. 98.60% of the stock is owned by institutional investors.

Insider Transactions at BJ’s Wholesale Club

In other news, Director Christopher J. Baldwin sold 73,062 shares of the company’s stock in a transaction on 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 directly owns 173,294 shares in the company, valued at approximately $12,815,091.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 11,000 shares of the stock in a transaction on Monday, April 8th. The stock was sold at an average price of $76.70, for a total value of $843,700.00. Following the completion of the sale, the chief executive officer now owns 500,792 shares in the company, valued at approximately $38,410,746.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Christopher J. Baldwin sold 73,062 shares of the stock in a transaction on 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 of the company’s stock, valued at approximately $12,815,091.30. The disclosure for this sale can be found here. Insiders sold 98,840 shares of company stock worth $7,408,605 in the last three months. Corporate insiders own 2.20% of the company’s stock.

BJ’s Wholesale Club Price Performance

NYSE BJ opened at $76.65 on Friday. The business’s fifty day moving average price is $74.64 and its 200-day moving average price is $69.61. The stock has a market capitalization of $10.19 billion, a price-to-earnings ratio of 19.81, a PEG ratio of 3.30 and a beta of 0.26. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.73 and a quick ratio of 0.14. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $60.33 and a 1-year high of $80.42.

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

Analyst Upgrades and Downgrades

BJ has been the subject of several recent research reports. Loop Capital reiterated a “hold” rating and set a $80.00 target price (down from $85.00) on shares of BJ’s Wholesale Club in a report on Thursday, April 18th. Wells Fargo & Company reiterated an “equal weight” rating and set a $70.00 target price (down from $73.00) on shares of BJ’s Wholesale Club in a report on Thursday, January 4th. Evercore ISI lowered 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 report on Tuesday, April 16th. JPMorgan Chase & Co. boosted their price objective on shares of BJ’s Wholesale Club from $58.00 to $62.00 and gave the stock an “underweight” rating in a report on Friday, March 1st. Finally, Gordon Haskett lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $70.00 price objective for the company. in a report on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $74.40.

About BJ’s Wholesale Club

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.