Natixis Advisors LLC Has $6.30 Million Stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Natixis Advisors LLC decreased its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 70,482 shares of the company’s stock after selling 1,535 shares during the quarter. Natixis Advisors LLC’s holdings in BJ’s Wholesale Club were worth $6,298,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tortoise Investment Management LLC grew 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 valued at $47,000 after purchasing an additional 233 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in BJ’s Wholesale Club during the third quarter worth approximately $55,000. UMB Bank n.a. grew its position in BJ’s Wholesale Club by 68.2% during the fourth quarter. UMB Bank n.a. now owns 624 shares of the company’s stock worth $56,000 after buying an additional 253 shares in the last quarter. Avior Wealth Management LLC grew its position in BJ’s Wholesale Club by 151.2% during the fourth quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock worth $104,000 after buying an additional 703 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its position in BJ’s Wholesale Club by 34.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company’s stock worth $113,000 after buying an additional 324 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Up 1.6 %

Shares of BJ opened at $110.35 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $71.81 and a 52 week high of $118.40. The stock has a market capitalization of $14.58 billion, a price-to-earnings ratio of 26.53, a PEG ratio of 4.50 and a beta of 0.28. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. The stock has a fifty day moving average of $103.26 and a 200-day moving average of $93.56.

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

Insider Buying and Selling

In related news, EVP William C. Werner sold 20,000 shares of the firm’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $110.41, for a total transaction of $2,208,200.00. Following the completion of the transaction, the executive vice president now directly owns 31,308 shares of the company’s stock, valued at $3,456,716.28. This trade represents a 38.98 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert Allan Steele sold 11,813 shares of the firm’s stock in a transaction on Friday, March 14th. The stock was 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 of the company’s stock, valued at approximately $2,619,924.09. This represents a 32.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. UBS Group increased their price target on 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. Wells Fargo & Company reissued an “overweight” rating on shares of BJ’s Wholesale Club in a research report on Friday, March 7th. Loop Capital increased their price target on BJ’s Wholesale Club from $95.00 to $110.00 and gave the stock a “hold” rating in a research report on Friday, March 7th. TD Cowen raised their target price on BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Finally, Roth Mkm raised their target price on BJ’s Wholesale Club from $75.00 to $87.00 and gave the company a “neutral” rating in a report on Monday, November 25th. Seven analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $108.71.

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.