Janus Henderson Group PLC Purchases 36,121 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Janus Henderson Group PLC lifted its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 33.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 143,773 shares of the company’s stock after acquiring an additional 36,121 shares during the period. Janus Henderson Group PLC’s holdings in BJ’s Wholesale Club were worth $12,843,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BJ. Covestor Ltd lifted its stake in shares of BJ’s Wholesale Club by 66.5% in the fourth quarter. Covestor Ltd now owns 288 shares of the company’s stock worth $26,000 after buying an additional 115 shares in 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. lifted its position in BJ’s Wholesale Club by 652.9% during the fourth quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company’s stock valued at $47,000 after purchasing an additional 457 shares during the period. UMB Bank n.a. lifted 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 valued at $56,000 after purchasing an additional 253 shares during the period. Finally, TD Waterhouse Canada Inc. lifted its position in BJ’s Wholesale Club by 9,700.0% during the fourth quarter. TD Waterhouse Canada Inc. now owns 784 shares of the company’s stock valued at $70,000 after purchasing an additional 776 shares during the period. Institutional investors own 98.60% of the company’s stock.

Insider Buying and Selling

In related news, SVP Joseph Mcgrail sold 2,100 shares of BJ’s Wholesale Club 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 transaction, the senior vice president now directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert W. Eddy sold 280,400 shares of BJ’s Wholesale Club stock in a transaction dated Monday, April 7th. The stock was sold at an average price of $114.31, for a total transaction of $32,052,524.00. Following the transaction, the chief executive officer now directly owns 422,033 shares of the company’s stock, valued at approximately $48,242,592.23. This represents a 39.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 328,505 shares of company stock valued at $37,452,686. Company insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on BJ. Evercore ISI lowered their price objective on shares of BJ’s Wholesale Club from $115.00 to $110.00 and set an “in-line” rating on the stock in a research report on Tuesday, April 1st. Argus upgraded shares of BJ’s Wholesale Club to a “hold” rating in a research report on Friday, April 4th. The Goldman Sachs Group increased their price objective on shares of BJ’s Wholesale Club from $102.00 to $121.00 and gave the company a “buy” rating in a research report on Monday, March 10th. Cowen restated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Friday, March 7th. Finally, JPMorgan Chase & Co. increased their price objective 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, May 9th. Seven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, BJ’s Wholesale Club currently has an average rating of “Moderate Buy” and a consensus price target of $112.06.

BJ’s Wholesale Club Stock Performance

Shares of NYSE:BJ opened at $116.65 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $76.33 and a 52 week high of $121.10. The stock has a market capitalization of $15.36 billion, a P/E ratio of 28.04, a PEG ratio of 4.50 and a beta of 0.59. The firm has a fifty day simple moving average of $113.95 and a two-hundred day simple moving average of $102.62. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Thursday, March 6th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $5.29 billion. On average, analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

About BJ’s Wholesale Club

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.