BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Executive Vice President Scott Kessler Sells 13,359 Shares

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Get Rating) Executive Vice President Scott Kessler sold 13,359 shares of the company in a trade that took place on Thursday, September 15. The stock was sold at an average price of $76.36, for a total transaction of $1,020,093.24. Following the completion of the transaction, the executive vice president now owns 116,791 shares of the company, valued at $8,918,160.76. The sale was disclosed in a filing with the SEC, accessible via this hyperlink.

Scott Kessler also recently made the following trade(s):

  • On Tuesday, June 21, Scott Kessler sold 2,125 shares of BJ’s Wholesale Club. The shares were sold at an average price of $60.27, for a total transaction of $128,073.75.

BJ’s Wholesale Club Stock Performance

Shares of BJ stock traded down $1.53 in midday trading on Monday, hitting $76.92. The stock recorded a trading volume of 1,728,125 shares, compared to an average volume of 1,913,567 shares. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $51.45 and a fifty-two week high of $79.69. The company has a market capitalization of $10.39 billion, a PE ratio of 22.10, a PEG ratio of 2.35 and a beta of 0.43. The company has a debt ratio of 0.82, a current ratio of 0.73 and a quick ratio of 0.17. The company’s 50-day simple moving average is $71.64 and its 200-day simple moving average is $66.11.

BJ’s Wholesale Club (NYSE:BJ – Get Rating) last reported results on Thursday, August 18. The company reported EPS of $1.06 for the quarter, beating the consensus estimate of $0.83 by $0.23. BJ’s Wholesale Club achieved a net margin of 2.68% and a return on equity of 71.47%. The company posted revenue of $5.10 billion in the quarter, compared to $4.63 billion expected by analysts. In the same quarter last year, the company achieved EPS of $0.82. The company’s revenue increased 22.2% year over year. Sell-side analysts expect BJ’s Wholesale Club Holdings, Inc. to post 3.6 earnings per share for the current year.

BJ wholesale club institutional trade

Several hedge funds and other institutional investors have recently changed their positions in BJ. Goldman Sachs Group Inc. increased its stake in BJ’s Wholesale Club shares by 145.7% in the first quarter. Goldman Sachs Group Inc. now owns 2,422,594 shares of the company valued at $163,792,000 after purchasing an additional 1,436,785 shares during the period. Eaton Vance Management increased its stake in BJ’s Wholesale Club shares by 323.5% in the first quarter. Eaton Vance Management now owns 1,719,134 shares of the company valued at $116,230,000 after purchasing an additional 1,313,206 shares during the period. River Road Asset Management LLC increased its stake in BJ’s Wholesale Club shares by 25.9% in the second quarter. River Road Asset Management LLC now owns 3,766,074 shares of the company valued at $234,702,000 after purchasing an additional 774,423 shares during the period. Renaissance Technologies LLC increased its stake in shares of BJ’s Wholesale Club by 141.7% in the second quarter. Renaissance Technologies LLC now owns 1,247,499 shares of the company valued at $77,744,000 after purchasing an additional 731,299 shares during the period. Finally, BlackRock Inc. increased its stake in BJ’s Wholesale Club by 4.7% during the 4th quarter. BlackRock Inc. now owns 15,634,593 shares of the company valued at $1,047,047,000 after acquiring an additional 703,502 shares last quarter. Institutional investors and hedge funds own 98.26% of the company’s shares.

Analyst upgrades and downgrades

BJ has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft raised its price target on BJ’s Wholesale Club shares from $81.00 to $86.00 in a Friday, August 19 research report. Citigroup raised its target price on shares of BJ’s Wholesale Club to $81.00 in a Monday, August 22 research report. UBS Group raised its price target on BJ’s Wholesale Club shares from $80.00 to $85.00 and gave the company a “buy” rating in a Friday, August 19 research report. JPMorgan Chase & Co. raised its price target on BJ’s Wholesale Club stock from $57.00 to $58.00 and gave the company an “underweight” rating in a Tuesday, Aug. 9 research report . Finally, Jefferies Financial Group raised its price target on shares of BJ’s Wholesale Club from $69.00 to $72.00 in a Thursday, June 2 research note. One equity research analyst gave the stock a sell rating, three gave the company a hold rating and eleven gave the company a buy rating. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $77.13.

BJ’s Wholesale Club Company Profile

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BJ’s Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the East Coast of the United States. It provides perishables, general merchandise, gasoline and other ancillary services. The Company sells its products through the BJs.com, BerkleyJensen.com, Wellsleyfarms.com and Delivery.bjs.com websites and mobile application.

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Insider buying and selling by quarter for BJ's Wholesale Club (NYSE:BJ)

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