Barclays PLC Has $468,000 Stake in BJs Wholesale Club Holdings Inc (BJ)

Barclays PLC decreased its stake in BJs Wholesale Club Holdings Inc (NYSE:BJ) by 40.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,161 shares of the company’s stock after selling 14,182 shares during the period. Barclays PLC’s holdings in BJs Wholesale Club were worth $468,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in BJ. Vanguard Group Inc. lifted its holdings in shares of BJs Wholesale Club by 668.5% during the third quarter. Vanguard Group Inc. now owns 6,148,025 shares of the company’s stock valued at $164,644,000 after acquiring an additional 5,348,025 shares during the period. Vanguard Group Inc lifted its holdings in shares of BJs Wholesale Club by 668.5% during the third quarter. Vanguard Group Inc now owns 6,148,025 shares of the company’s stock valued at $164,644,000 after acquiring an additional 5,348,025 shares during the period. BlackRock Inc. raised its holdings in shares of BJs Wholesale Club by 50.0% in the fourth quarter. BlackRock Inc. now owns 4,952,770 shares of the company’s stock valued at $109,752,000 after buying an additional 1,650,828 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of BJs Wholesale Club by 35.8% in the third quarter. JPMorgan Chase & Co. now owns 2,748,909 shares of the company’s stock valued at $73,616,000 after buying an additional 725,143 shares during the last quarter. Finally, Sirios Capital Management L P raised its holdings in shares of BJs Wholesale Club by 531.3% in the third quarter. Sirios Capital Management L P now owns 2,155,384 shares of the company’s stock valued at $57,721,000 after buying an additional 1,813,945 shares during the last quarter. Institutional investors and hedge funds own 82.36% of the company’s stock.

In other news, major shareholder Cvc European Equity V. Ltd sold 9,775,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $24.58, for a total transaction of $240,269,500.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Kristyn M. Sugrue sold 17,698 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $29.00, for a total value of $513,242.00. The disclosure for this sale can be found here. Insiders sold a total of 10,323,588 shares of company stock worth $254,933,885 in the last 90 days.

A number of research analysts recently issued reports on BJ shares. Wells Fargo & Co raised BJs Wholesale Club from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $26.00 to $29.00 in a report on Tuesday, January 22nd. Zacks Investment Research lowered BJs Wholesale Club from a “buy” rating to a “hold” rating in a research report on Wednesday, January 23rd. Barclays initiated coverage on BJs Wholesale Club in a research report on Friday, February 1st. They issued an “equal weight” rating for the company. Nomura lowered their price objective on BJs Wholesale Club from $29.00 to $27.00 and set a “buy” rating for the company in a research report on Thursday, March 7th. Finally, Evercore ISI initiated coverage on BJs Wholesale Club in a research report on Wednesday, March 20th. They issued an “outperform” rating and a $30.00 price objective for the company. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $30.21.

Shares of NYSE:BJ traded down $0.10 during trading on Wednesday, hitting $27.85. 603,000 shares of the company’s stock traded hands, compared to its average volume of 1,606,490. BJs Wholesale Club Holdings Inc has a 52 week low of $19.31 and a 52 week high of $32.92. The stock has a market capitalization of $3.86 billion and a PE ratio of 24.43.

BJs Wholesale Club (NYSE:BJ) last released its quarterly earnings data on Wednesday, March 6th. The company reported $0.44 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.08. The business had revenue of $3.34 billion for the quarter, compared to the consensus estimate of $3.36 billion. The company’s revenue was down 4.2% on a year-over-year basis. Equities analysts anticipate that BJs Wholesale Club Holdings Inc will post 1.48 earnings per share for the current year.

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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.

Further Reading: Market Capitalization and Individual Investors

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

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