TD Waterhouse Canada Inc. Raises Position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

TD Waterhouse Canada Inc. grew its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 9,700.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 784 shares of the company’s stock after buying an additional 776 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in BJ’s Wholesale Club were worth $70,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Covestor Ltd boosted its holdings in shares of BJ’s Wholesale Club by 66.5% during the 4th quarter. Covestor Ltd now owns 288 shares of the company’s stock valued at $26,000 after acquiring an additional 115 shares during the last quarter. Tortoise Investment Management LLC lifted its position in BJ’s Wholesale Club by 78.7% during 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 period. Brown Brothers Harriman & Co. boosted its holdings in BJ’s Wholesale Club by 652.9% in the fourth quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company’s stock worth $47,000 after purchasing an additional 457 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in BJ’s Wholesale Club in the 3rd quarter worth approximately $55,000. Finally, UMB Bank n.a. raised its stake in BJ’s Wholesale Club by 68.2% during the 4th quarter. UMB Bank n.a. now owns 624 shares of the company’s stock valued at $56,000 after buying an additional 253 shares during the last quarter. Institutional investors own 98.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on BJ shares. Cowen reissued a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday, March 7th. Loop Capital lifted their price target on shares of BJ’s Wholesale Club from $95.00 to $110.00 and gave the stock a “hold” rating in a research note on Friday, March 7th. The Goldman Sachs Group upped their price objective on BJ’s Wholesale Club from $102.00 to $121.00 and gave the stock a “buy” rating in a research note on Monday, March 10th. Morgan Stanley lifted their target price on BJ’s Wholesale Club from $98.00 to $115.00 and gave the company an “equal weight” rating in a research report on Friday, March 7th. Finally, Evercore ISI reduced their price target on BJ’s Wholesale Club from $115.00 to $110.00 and set an “in-line” rating for the company in a research report on Tuesday, April 1st. Seven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, BJ’s Wholesale Club has an average rating of “Moderate Buy” and an average price target of $110.82.

BJ’s Wholesale Club Stock Down 0.5 %

Shares of BJ stock opened at $111.91 on Monday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $73.93 and a fifty-two week high of $121.10. The firm has a market capitalization of $14.74 billion, a PE ratio of 26.90, a P/E/G ratio of 4.50 and a beta of 0.54. The stock’s 50-day simple moving average is $110.92 and its 200-day simple moving average is $99.79.

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

Insiders Place Their Bets

In other BJ’s Wholesale Club news, EVP William C. Werner sold 20,000 shares of the stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $110.41, for a total value of $2,208,200.00. Following the completion of the sale, the executive vice president now owns 31,308 shares in the company, valued at approximately $3,456,716.28. This represents a 38.98 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Joseph Mcgrail sold 2,100 shares of the stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $119.74, for a total transaction of $251,454.00. Following the completion of the sale, the senior vice president now owns 14,240 shares of the company’s stock, valued at approximately $1,705,097.60. The trade was a 12.85 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 328,505 shares of company stock worth $37,452,686. Company insiders own 2.00% of the company’s stock.

BJ’s Wholesale Club 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.