Kristyn M. Sugrue Sells 17,698 Shares of BJs Wholesale Club Holdings Inc (BJ) Stock

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BJs Wholesale Club Holdings Inc (NYSE:BJ) SVP Kristyn M. Sugrue sold 17,698 shares of BJs Wholesale Club stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $29.00, for a total value of $513,242.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

BJ stock traded up $0.16 during midday trading on Monday, hitting $28.91. 865,876 shares of the stock were exchanged, compared to its average volume of 1,677,298. The stock has a market cap of $3.94 billion and a PE ratio of 25.36. BJs Wholesale Club Holdings Inc has a fifty-two week low of $19.31 and a fifty-two week high of $32.92.

BJs Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Wednesday, March 6th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.08. The firm had revenue of $3.34 billion for the quarter, compared to analyst estimates of $3.36 billion. The firm’s revenue was down 4.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that BJs Wholesale Club Holdings Inc will post 1.48 EPS for the current year.

A number of analysts recently weighed in on the company. Citigroup lifted their price target on BJs Wholesale Club from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Monday, April 1st. Wells Fargo & Co lifted their price target on BJs Wholesale Club from $29.00 to $32.00 and gave the company an “outperform” rating in a research note on Friday, March 29th. Gordon Haskett upgraded BJs Wholesale Club from an “accumulate” rating to a “buy” rating in a research note on Thursday, March 21st. Evercore ISI assumed coverage on BJs Wholesale Club in a research note on Wednesday, March 20th. They issued an “outperform” rating and a $30.00 price target on the stock. Finally, Nomura decreased their price target on BJs Wholesale Club from $29.00 to $27.00 and set a “buy” rating on the stock in a research note on Thursday, March 7th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $30.21.

A number of hedge funds have recently modified their holdings of BJ. Tealwood Asset Management Inc. acquired a new position in shares of BJs Wholesale Club in the first quarter worth $2,995,000. LGT Capital Partners LTD. increased its stake in BJs Wholesale Club by 73.3% in the first quarter. LGT Capital Partners LTD. now owns 65,000 shares of the company’s stock valued at $1,781,000 after purchasing an additional 27,500 shares during the last quarter. Geode Capital Management LLC increased its stake in BJs Wholesale Club by 85.3% in the fourth quarter. Geode Capital Management LLC now owns 727,494 shares of the company’s stock valued at $16,121,000 after purchasing an additional 334,974 shares during the last quarter. Norges Bank acquired a new position in BJs Wholesale Club in the fourth quarter valued at $32,581,000. Finally, FMR LLC increased its stake in BJs Wholesale Club by 47.6% in the fourth quarter. FMR LLC now owns 20,525,405 shares of the company’s stock valued at $454,842,000 after purchasing an additional 6,619,701 shares during the last quarter. 82.37% of the stock is owned by hedge funds and other institutional investors.

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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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