Boston Trust Walden Corp Has $79.44 Million Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Boston Trust Walden Corp lessened its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 12.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 963,079 shares of the company’s stock after selling 138,611 shares during the period. Boston Trust Walden Corp’s holdings in BJ’s Wholesale Club were worth $79,435,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Creative Planning lifted its position in BJ’s Wholesale Club by 10.7% during the 2nd quarter. Creative Planning now owns 9,298 shares of the company’s stock worth $817,000 after acquiring an additional 898 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in BJ’s Wholesale Club by 231.3% during the 1st quarter. BNP Paribas Financial Markets now owns 222,461 shares of the company’s stock valued at $16,829,000 after purchasing an additional 155,316 shares during the period. Raymond James & Associates grew its holdings in BJ’s Wholesale Club by 99.9% in the 2nd quarter. Raymond James & Associates now owns 764,474 shares of the company’s stock valued at $67,151,000 after buying an additional 382,114 shares during the last quarter. Tidal Investments LLC grew its holdings in BJ’s Wholesale Club by 96.8% in the 1st quarter. Tidal Investments LLC now owns 19,840 shares of the company’s stock valued at $1,501,000 after buying an additional 9,759 shares during the last quarter. Finally, LVW Advisors LLC bought a new position in BJ’s Wholesale Club in the 2nd quarter worth approximately $589,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Price Performance

Shares of NYSE:BJ traded down $0.45 on Friday, hitting $84.67. The stock had a trading volume of 643,194 shares, compared to its average volume of 1,498,088. The company has a market capitalization of $11.24 billion, a price-to-earnings ratio of 21.99, a price-to-earnings-growth ratio of 3.27 and a beta of 0.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.15 and a current ratio of 0.76. The firm’s 50 day moving average price is $83.11 and its 200-day moving average price is $83.65. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $63.08 and a twelve month high of $92.37.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Thursday, August 22nd. The company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.09. The firm had revenue of $5.21 billion for the quarter, compared to analyst estimates of $5.15 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 36.12%. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.97 earnings per share. On average, equities research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.82 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have recently issued reports on BJ. Wells Fargo & Company upgraded shares of BJ’s Wholesale Club from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $75.00 to $92.00 in a research note on Friday, August 23rd. JPMorgan Chase & Co. upgraded shares of BJ’s Wholesale Club from an “underweight” rating to a “neutral” rating and boosted their price objective for the stock from $76.00 to $78.00 in a report on Monday, August 26th. Loop Capital increased their target price on shares of 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 lifted their target price 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. Finally, Melius Research assumed coverage on BJ’s Wholesale Club in a report on Monday, September 23rd. They issued a “buy” rating and a $90.00 price target for the company. Seven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, BJ’s Wholesale Club currently has an average rating of “Moderate Buy” and a consensus target price of $86.31.

Insider Buying and Selling

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 11,000 shares of the business’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $87.60, for a total value of $963,600.00. Following the transaction, the chief executive officer now 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Robert W. Eddy sold 11,000 shares of the firm’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $87.60, for a total value of $963,600.00. Following the completion of the sale, the chief executive officer now directly owns 456,792 shares in the company, valued at approximately $40,014,979.20. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Joseph Mcgrail sold 1,000 shares of the company’s stock in a transaction dated Monday, August 26th. The stock was 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 trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 34,000 shares of company stock worth $2,841,820 in the last three months. Insiders own 2.00% of the company’s stock.

BJ’s Wholesale Club 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.