Vista Investment Partners LLC Increases Stock Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Vista Investment Partners LLC raised its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 0.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,419 shares of the company’s stock after acquiring an additional 147 shares during the quarter. BJ’s Wholesale Club accounts for about 1.3% of Vista Investment Partners LLC’s investment portfolio, making the stock its 29th largest holding. Vista Investment Partners LLC’s holdings in BJ’s Wholesale Club were worth $3,994,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. HighPoint Advisor Group LLC acquired a new position in shares of BJ’s Wholesale Club in the 4th quarter valued at approximately $412,000. Mather Group LLC. bought a new position in BJ’s Wholesale Club during the 1st quarter valued at $171,000. Rise Advisors LLC acquired a new position in BJ’s Wholesale Club during the 1st quarter worth $26,000. Fulton Bank N.A. bought a new stake in shares of BJ’s Wholesale Club in the 1st quarter worth about $281,000. Finally, Park Avenue Securities LLC raised its stake in shares of BJ’s Wholesale Club by 3.3% in the 1st quarter. Park Avenue Securities LLC now owns 12,721 shares of the company’s stock valued at $962,000 after purchasing an additional 404 shares in the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Insider Buying and Selling at BJ’s Wholesale Club

In other news, CEO Robert W. Eddy sold 11,000 shares of BJ’s Wholesale Club stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $87.60, for a total transaction of $963,600.00. Following the transaction, the chief executive officer now owns 456,792 shares in the company, valued at approximately $40,014,979.20. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, CEO Robert W. Eddy sold 11,000 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $87.60, for a total transaction of $963,600.00. Following the transaction, the chief executive officer now directly owns 456,792 shares of the company’s stock, valued at approximately $40,014,979.20. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Joseph Mcgrail sold 1,000 shares of the business’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $83.57, for a total transaction of $83,570.00. Following the transaction, the senior vice president now owns 13,566 shares in the company, valued at approximately $1,133,710.62. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 34,000 shares of company stock valued at $2,841,820 in the last three months. 2.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. JPMorgan Chase & Co. raised BJ’s Wholesale Club from an “underweight” rating to a “neutral” rating and boosted their price objective for the company from $76.00 to $78.00 in a report on Monday, August 26th. Loop Capital lifted their target price on BJ’s Wholesale Club from $80.00 to $85.00 and gave the company a “hold” rating in a research note on Thursday, July 11th. Roth Mkm increased their price target on BJ’s Wholesale Club from $68.00 to $75.00 and gave the stock a “neutral” rating in a research report on Friday, August 23rd. Evercore ISI upped their price objective on BJ’s Wholesale Club from $86.00 to $89.00 and gave the stock an “in-line” rating in a research note on Thursday, June 20th. Finally, Wells Fargo & Company upgraded BJ’s Wholesale Club from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $75.00 to $92.00 in a research note on Friday, August 23rd. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $86.31.

BJ’s Wholesale Club Stock Performance

Shares of NYSE BJ opened at $85.63 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $63.08 and a 52-week high of $92.37. The stock has a market capitalization of $11.36 billion, a price-to-earnings ratio of 22.24, a PEG ratio of 3.27 and a beta of 0.25. The company has a quick ratio of 0.15, a current ratio of 0.76 and a debt-to-equity ratio of 0.24. The stock’s fifty day simple moving average is $82.92 and its 200 day simple moving average is $83.21.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Thursday, August 22nd. The company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.09. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 36.12%. The company had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.15 billion. During the same period in the prior year, the firm earned $0.97 earnings per share. The business’s quarterly revenue was up 4.9% on a year-over-year basis. As a group, sell-side analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.82 earnings per share for the current fiscal 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.