58,925 Shares in BJ’s Wholesale Club Holdings, Inc. $BJ Purchased by Trillium Asset Management LLC

Trillium Asset Management LLC purchased a new stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 58,925 shares of the company’s stock, valued at approximately $5,140,000.

Several other institutional investors also recently bought and sold shares of the company. BOK Financial Private Wealth Inc. acquired a new position in shares of BJ’s Wholesale Club during the fourth quarter valued at approximately $25,000. Strive Financial Group LLC purchased a new position in shares of BJ’s Wholesale Club in the fourth quarter valued at approximately $25,000. Parkside Financial Bank & Trust boosted its stake in shares of BJ’s Wholesale Club by 147.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock worth $26,000 after acquiring an additional 173 shares during the last quarter. Essential Partners LLC boosted its stake in shares of BJ’s Wholesale Club by 81.2% in the first quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after acquiring an additional 130 shares during the last quarter. Finally, Sunbelt Securities Inc. purchased a new stake in shares of BJ’s Wholesale Club during the third quarter worth approximately $34,000. 98.60% of the stock is currently owned by institutional investors and hedge funds.

BJ’s Wholesale Club Price Performance

Shares of BJ stock opened at $91.35 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.73 and a quick ratio of 0.18. The company has a market capitalization of $11.66 billion, a PE ratio of 21.00, a price-to-earnings-growth ratio of 3.25 and a beta of 0.21. The firm’s 50-day moving average is $91.39 and its two-hundred day moving average is $93.75. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $83.21 and a 12 month high of $106.69.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings results on Friday, May 22nd. The company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.06. The business had revenue of $5.66 billion during the quarter, compared to analysts’ expectations of $5.44 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The business’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.14 EPS. Analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.53 earnings per share for the current year.

Wall Street Analyst Weigh In

BJ has been the subject of several recent research reports. Citigroup reduced their price objective on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research note on Tuesday, May 26th. JPMorgan Chase & Co. lifted their target price on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. William Blair lowered shares of BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a report on Monday. Gordon Haskett upgraded shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a research report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BJ’s Wholesale Club in a research note on Friday, August 14th. Ten analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $105.33.

Insider Buying and Selling

In related news, CEO Robert W. Eddy sold 73,016 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $100.02, for a total value of $7,303,060.32. Following the transaction, the chief executive officer directly owned 282,330 shares in the company, valued at approximately $28,238,646.60. This represents a 20.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total value of $1,520,805.00. Following the completion of the transaction, the executive vice president owned 20,471 shares of the company’s stock, valued at $1,886,812.07. The trade was a 44.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.10% of the company’s stock.

BJ’s Wholesale Club Profile

BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.

Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.