BJs Wholesale Club Holdings Inc (NYSE:BJ) SVP Kristyn M. Sugrue Sells 14,285 Shares

BJs Wholesale Club Holdings Inc (NYSE:BJ) SVP Kristyn M. Sugrue sold 14,285 shares of BJs Wholesale Club stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $28.03, for a total transaction of $400,408.55.

Shares of BJ opened at $26.28 on Thursday. The firm has a 50-day moving average of $24.80 and a 200-day moving average of $25.79. BJs Wholesale Club Holdings Inc has a one year low of $19.31 and a one year high of $29.56. The company has a market cap of $3.68 billion, a PE ratio of 18.05, a price-to-earnings-growth ratio of 1.60 and a beta of 1.44.

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

A number of brokerages have recently commented on BJ. ValuEngine raised shares of BJs Wholesale Club from a “sell” rating to a “hold” rating in a research report on Thursday, August 22nd. Goldman Sachs Group began coverage on shares of BJs Wholesale Club in a research report on Thursday, July 11th. They issued a “buy” rating and a $29.00 price objective for the company. Morgan Stanley lifted their price objective 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. Zacks Investment Research downgraded shares of BJs Wholesale Club from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Finally, Deutsche Bank lifted their price objective on shares of BJs Wholesale Club from $29.00 to $31.00 and gave the company a “buy” rating in a research report on Friday, August 23rd. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $30.82.

Several hedge funds have recently made changes to their positions in the stock. Atria Investments LLC bought a new stake in shares of BJs Wholesale Club during the 2nd quarter worth about $137,000. Mackenzie Financial Corp boosted its holdings in shares of BJs Wholesale Club by 11.6% during the 2nd quarter. Mackenzie Financial Corp now owns 175,129 shares of the company’s stock worth $4,623,000 after buying an additional 18,200 shares during the period. Primecap Management Co. CA bought a new stake in shares of BJs Wholesale Club during the 2nd quarter worth about $2,297,000. Royal Bank of Canada boosted its holdings in shares of BJs Wholesale Club by 41.6% during the 2nd quarter. Royal Bank of Canada now owns 19,935 shares of the company’s stock worth $527,000 after buying an additional 5,858 shares during the period. Finally, Verition Fund Management LLC bought a new stake in shares of BJs Wholesale Club during the 2nd quarter worth about $439,000.

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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