Christopher J. Baldwin Sells 27,245 Shares of BJs Wholesale Club Holdings Inc (NYSE:BJ) Stock

BJs Wholesale Club Holdings Inc (NYSE:BJ) CEO Christopher J. Baldwin sold 27,245 shares of BJs Wholesale Club stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $26.00, for a total transaction of $708,370.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of NYSE BJ traded down $0.26 during trading on Friday, reaching $24.58. 1,560,256 shares of the stock were exchanged, compared to its average volume of 2,320,943. The business’s 50-day moving average price is $25.07. BJs Wholesale Club Holdings Inc has a twelve month low of $19.31 and a twelve month high of $32.92. The company has a market cap of $3.41 billion and a P/E ratio of 21.56.

BJs Wholesale Club (NYSE:BJ) last posted its earnings results on Thursday, May 23rd. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.01. The business had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.12 billion. BJs Wholesale Club had a net margin of 1.14% and a negative return on equity of 72.36%. BJs Wholesale Club’s revenue was up 2.5% on a year-over-year basis. As a group, equities analysts predict that BJs Wholesale Club Holdings Inc will post 1.5 EPS for the current year.

A number of research analysts have weighed in on the stock. Goldman Sachs Group raised shares of Altria Group from a “neutral” rating to a “buy” rating and set a $59.00 price target on the stock in a research report on Thursday, July 11th. Deutsche Bank assumed coverage on shares of Target in a research report on Monday, July 15th. They set a “hold” rating and a $85.00 price target on the stock. Citigroup reduced their price target on shares of GrafTech International from $21.00 to $17.00 and set a “buy” rating on the stock in a research report on Monday, April 1st. Zacks Investment Research cut shares of Hallmark Financial Services from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Wells Fargo & Co assumed coverage on shares of Propetro in a research report on Friday, March 29th. They set an “outperform” rating on the stock. Five research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $30.57.

Several large investors have recently modified their holdings of the stock. Oppenheimer Asset Management Inc. increased its stake in shares of BJs Wholesale Club by 18.5% in the first quarter. Oppenheimer Asset Management Inc. now owns 3,889 shares of the company’s stock worth $107,000 after buying an additional 606 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of BJs Wholesale Club by 201.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,165 shares of the company’s stock worth $26,000 after buying an additional 778 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of BJs Wholesale Club by 25.1% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,574 shares of the company’s stock worth $125,000 after buying an additional 917 shares during the last quarter. First Trust Advisors LP increased its stake in shares of BJs Wholesale Club by 0.8% in the first quarter. First Trust Advisors LP now owns 115,218 shares of the company’s stock worth $3,157,000 after buying an additional 955 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System increased its stake in shares of BJs Wholesale Club by 5.1% in the first quarter. State Board of Administration of Florida Retirement System now owns 20,853 shares of the company’s stock worth $571,000 after buying an additional 1,010 shares during the last quarter. Institutional investors and hedge funds own 89.01% of the company’s stock.

About BJs Wholesale Club

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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