Trillium Asset Management LLC Sells 57,058 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Trillium Asset Management LLC trimmed its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 42.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 78,615 shares of the company’s stock after selling 57,058 shares during the quarter. Trillium Asset Management LLC’s holdings in BJ’s Wholesale Club were worth $7,024,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Tortoise Investment Management LLC boosted its position in shares of BJ’s Wholesale Club by 78.7% in the fourth quarter. Tortoise Investment Management LLC now owns 529 shares of the company’s stock worth $47,000 after purchasing an additional 233 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of BJ’s Wholesale Club in the third quarter worth approximately $55,000. UMB Bank n.a. boosted its position in shares of BJ’s Wholesale Club by 68.2% in the fourth quarter. UMB Bank n.a. now owns 624 shares of the company’s stock worth $56,000 after purchasing an additional 253 shares during the period. Avior Wealth Management LLC boosted its position in shares of BJ’s Wholesale Club by 151.2% in the fourth quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock worth $104,000 after purchasing an additional 703 shares during the period. Finally, Smartleaf Asset Management LLC boosted its position in shares of BJ’s Wholesale Club by 34.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company’s stock worth $113,000 after purchasing an additional 324 shares during the period. 98.60% of the stock is currently owned by institutional investors.

BJ’s Wholesale Club Price Performance

BJ’s Wholesale Club stock opened at $110.06 on Thursday. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $71.81 and a 52-week high of $118.40. The company has a market cap of $14.54 billion, a price-to-earnings ratio of 26.46, a PEG ratio of 4.50 and a beta of 0.28. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. The firm’s fifty day moving average is $102.67 and its 200 day moving average is $93.24.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.07. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The business had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $5.29 billion. Sell-side analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BJ has been the subject of a number of recent analyst reports. The Goldman Sachs Group upped their price target on shares of BJ’s Wholesale Club from $102.00 to $121.00 and gave the stock a “buy” rating in a research report on Monday, March 10th. DA Davidson upped their price target on shares of BJ’s Wholesale Club from $123.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, March 7th. UBS Group upped their price target on shares of BJ’s Wholesale Club from $108.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, March 7th. Barclays boosted their target price on shares of BJ’s Wholesale Club from $80.00 to $115.00 and gave the stock an “equal weight” rating in a report on Monday, March 10th. Finally, Roth Mkm boosted their target price on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a report on Monday, November 25th. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, BJ’s Wholesale Club has an average rating of “Moderate Buy” and an average target price of $108.71.

Insider Activity

In other news, Director Robert Allan Steele sold 11,813 shares of the company’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $107.59, for a total value of $1,270,960.67. Following the transaction, the director now directly owns 24,351 shares in the company, valued at approximately $2,619,924.09. This represents a 32.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.00% of the company’s stock.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.