BJs Wholesale Club Holdings Inc (NYSE:BJ) EVP Sells $201,127.56 in Stock

BJs Wholesale Club Holdings Inc (NYSE:BJ) EVP Scott Kessler sold 7,178 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $28.02, for a total transaction of $201,127.56.

Shares of NYSE BJ opened at $26.28 on Thursday. BJs Wholesale Club Holdings Inc has a 52-week low of $19.31 and a 52-week high of $29.56. The firm has a 50 day moving average price of $24.80 and a two-hundred day moving average price of $25.79. The stock has a market cap of $3.68 billion, a P/E ratio of 23.05, a price-to-earnings-growth ratio of 1.60 and a beta of 1.44.

BJs Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Thursday, August 22nd. The company reported $0.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.02. BJs Wholesale Club had a net margin of 1.59% and a negative return on equity of 107.71%. The firm had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.39 billion. During the same period in the prior year, the company posted $0.31 EPS. The company’s revenue was up 1.2% on a year-over-year basis. On average, analysts expect that BJs Wholesale Club Holdings Inc will post 1.48 EPS for the current year.

Several large investors have recently bought and sold shares of the company. Atria Investments LLC bought a new stake in shares of BJs Wholesale Club in the 2nd quarter valued at $137,000. Mackenzie Financial Corp boosted its stake in shares of BJs Wholesale Club by 11.6% in the 2nd quarter. Mackenzie Financial Corp now owns 175,129 shares of the company’s stock valued at $4,623,000 after purchasing an additional 18,200 shares during the last quarter. Primecap Management Co. CA bought a new stake in shares of BJs Wholesale Club in the 2nd quarter valued at $2,297,000. Royal Bank of Canada boosted its stake in shares of BJs Wholesale Club by 41.6% in the 2nd quarter. Royal Bank of Canada now owns 19,935 shares of the company’s stock valued at $527,000 after purchasing an additional 5,858 shares during the last quarter. Finally, Verition Fund Management LLC bought a new stake in shares of BJs Wholesale Club in the 2nd quarter valued at $439,000.

BJ has been the subject of a number of research analyst reports. Jefferies Financial Group set a $34.00 price objective on shares of BJs Wholesale Club and gave the stock a “buy” rating in a research report on Friday, August 23rd. Goldman Sachs Group began coverage on shares of BJs Wholesale Club in a research report on Thursday, July 11th. They set a “buy” rating and a $29.00 price objective for the company. Zacks Investment Research cut shares of BJs Wholesale Club from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. ValuEngine upgraded shares of BJs Wholesale Club from a “sell” rating to a “hold” rating in a research report on Thursday, August 22nd. Finally, Morgan Stanley upped their price target on shares of BJs Wholesale Club from $28.00 to $29.00 and gave the company an “equal weight” rating in a research report on Friday, August 23rd. Six analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $30.82.

BJs Wholesale Club Company Profile

BJ's Wholesale Club Holdings, Inc operates as a warehouse club on the East Coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products. The company also sells electronics, computers, office supplies and equipment, home products, health and beauty aids, sporting goods, outdoor living, baby products, toys, and jewelry through Website.

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Insider Buying and Selling by Quarter for BJs Wholesale Club (NYSE:BJ)

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