Fiera Capital Corp Trims Stock Holdings in BJs Wholesale Club Holdings Inc (NYSE:BJ)

Fiera Capital Corp lowered its position in BJs Wholesale Club Holdings Inc (NYSE:BJ) by 42.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 262,828 shares of the company’s stock after selling 193,137 shares during the quarter. Fiera Capital Corp owned approximately 0.19% of BJs Wholesale Club worth $6,694,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BJ. Cullen Frost Bankers Inc. increased its holdings in shares of BJs Wholesale Club by 457.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,428 shares of the company’s stock valued at $32,000 after purchasing an additional 1,172 shares during the period. Private Capital Group LLC increased its holdings in shares of BJs Wholesale Club by 59.6% in the first quarter. Private Capital Group LLC now owns 2,544 shares of the company’s stock valued at $65,000 after purchasing an additional 950 shares during the period. Psagot Investment House Ltd. increased its holdings in shares of BJs Wholesale Club by 431.9% in the fourth quarter. Psagot Investment House Ltd. now owns 5,894 shares of the company’s stock valued at $134,000 after purchasing an additional 4,786 shares during the period. LS Investment Advisors LLC acquired a new position in shares of BJs Wholesale Club in the fourth quarter valued at approximately $146,000. Finally, Amundi Pioneer Asset Management Inc. acquired a new position in shares of BJs Wholesale Club in the fourth quarter valued at approximately $155,000.

BJ has been the topic of a number of recent analyst reports. Wells Fargo & Co upped their price objective on BJs Wholesale Club from $31.00 to $33.00 and gave the stock an “overweight” rating in a report on Wednesday. Zacks Investment Research raised BJs Wholesale Club from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a report on Wednesday, April 22nd. Wolfe Research raised BJs Wholesale Club to a “buy” rating in a report on Tuesday, March 24th. Goldman Sachs Group upped their price objective on BJs Wholesale Club from $26.00 to $38.00 and gave the stock a “buy” rating in a report on Friday. Finally, Morgan Stanley upped their price objective on BJs Wholesale Club from $26.00 to $28.00 and gave the stock an “equal weight” rating in a report on Thursday, April 30th. Six research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. BJs Wholesale Club currently has a consensus rating of “Buy” and a consensus price target of $32.06.

In other news, CEO Lee Delaney sold 17,602 shares of BJs Wholesale Club stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $27.67, for a total value of $487,047.34. Following the transaction, the chief executive officer now directly owns 195,326 shares of the company’s stock, valued at approximately $5,404,670.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Graham Luce sold 1,200 shares of BJs Wholesale Club stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $30.76, for a total value of $36,912.00. Following the completion of the transaction, the senior vice president now directly owns 57,362 shares in the company, valued at $1,764,455.12. The disclosure for this sale can be found here. Insiders have sold 684,825 shares of company stock worth $17,994,575 over the last quarter. 4.20% of the stock is currently owned by company insiders.

NYSE BJ opened at $35.25 on Friday. The business’s 50-day moving average price is $26.76 and its 200 day moving average price is $24.11. BJs Wholesale Club Holdings Inc has a twelve month low of $18.84 and a twelve month high of $35.45. The company has a market capitalization of $4.01 billion, a PE ratio of 26.31, a price-to-earnings-growth ratio of 1.53 and a beta of 0.17.

BJs Wholesale Club (NYSE:BJ) last released its earnings results on Thursday, May 21st. The company reported $0.69 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.32. BJs Wholesale Club had a negative return on equity of 172.28% and a net margin of 1.42%. The firm had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.33 billion. During the same period in the prior year, the business posted $0.26 earnings per share. The firm’s revenue for the quarter was up 21.1% compared to the same quarter last year. Sell-side analysts predict that BJs Wholesale Club Holdings Inc will post 1.73 EPS for the current fiscal year.

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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Institutional Ownership by Quarter for BJs Wholesale Club (NYSE:BJ)

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