BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Stock Holdings Boosted by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV lifted its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 14.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 7,582 shares of the company’s stock after acquiring an additional 959 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in BJ’s Wholesale Club were worth $677,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Franklin Resources Inc. grew its position in BJ’s Wholesale Club by 10.6% in the 4th quarter. Franklin Resources Inc. now owns 5,268,889 shares of the company’s stock valued at $470,775,000 after buying an additional 504,958 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position in BJ’s Wholesale Club by 1.0% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,331,379 shares of the company’s stock valued at $387,009,000 after buying an additional 43,106 shares in the last quarter. JPMorgan Chase & Co. grew its position in BJ’s Wholesale Club by 2.9% in the 4th quarter. JPMorgan Chase & Co. now owns 2,571,996 shares of the company’s stock valued at $229,808,000 after buying an additional 73,322 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in BJ’s Wholesale Club by 4.2% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,486,903 shares of the company’s stock valued at $222,205,000 after buying an additional 99,311 shares in the last quarter. Finally, Clearbridge Investments LLC grew its position in BJ’s Wholesale Club by 11.8% in the 4th quarter. Clearbridge Investments LLC now owns 2,330,361 shares of the company’s stock valued at $208,218,000 after buying an additional 245,731 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.

Insider Transactions at BJ’s Wholesale Club

In related news, CEO Robert W. Eddy sold 280,400 shares of the stock in a transaction that occurred on Monday, April 7th. The stock was sold at an average price of $114.31, for a total value of $32,052,524.00. Following the transaction, the chief executive officer now owns 422,033 shares in the company, valued at approximately $48,242,592.23. This represents a 39.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP William C. Werner sold 20,000 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $110.41, for a total value of $2,208,200.00. Following the completion of the transaction, the executive vice president now owns 31,308 shares in the company, valued at $3,456,716.28. This represents a 38.98% decrease in their position. The disclosure for this sale can be found here. Insiders sold 328,505 shares of company stock valued at $37,452,686 over the last three months. 2.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on BJ shares. JPMorgan Chase & Co. increased their target price on shares of BJ’s Wholesale Club from $109.00 to $123.00 and gave the company a “neutral” rating in a research report on Friday. Citigroup upgraded shares of BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and increased their target price for the company from $115.00 to $130.00 in a research report on Thursday, April 3rd. UBS Group increased their target price on shares of BJ’s Wholesale Club from $108.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, March 7th. Argus upgraded shares of BJ’s Wholesale Club to a “hold” rating in a research report on Friday, April 4th. Finally, Barclays raised their price objective on shares of BJ’s Wholesale Club from $80.00 to $115.00 and gave the company an “equal weight” rating in a research report on Monday, March 10th. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $112.12.

BJ’s Wholesale Club Price Performance

BJ stock opened at $114.75 on Monday. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. BJ’s Wholesale Club Holdings, Inc. has a one year low of $76.33 and a one year high of $121.10. The firm has a market capitalization of $15.11 billion, a PE ratio of 27.58, a P/E/G ratio of 4.50 and a beta of 0.59. The firm has a 50-day moving average of $113.94 and a two-hundred day moving average of $101.95.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Thursday, March 6th. The company reported $0.93 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 analyst estimates of $5.29 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. On average, analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

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.