Amica Retiree Medical Trust purchased a new stake in shares of BJs Wholesale Club Holdings Inc (NYSE:BJ) in the third quarter, according to its most recent 13F filing with the SEC. The fund purchased 4,243 shares of the company’s stock, valued at approximately $114,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Penn Capital Management Co. Inc. acquired a new position in shares of BJs Wholesale Club during the 2nd quarter valued at about $4,899,000. Tyvor Capital LLC acquired a new position in shares of BJs Wholesale Club during the 2nd quarter valued at about $751,000. Massachusetts Financial Services Co. MA acquired a new position in shares of BJs Wholesale Club during the 2nd quarter valued at about $45,932,000. TD Asset Management Inc. acquired a new position in shares of BJs Wholesale Club during the 2nd quarter valued at about $649,000. Finally, Dean Capital Investments Management LLC acquired a new position in shares of BJs Wholesale Club during the 2nd quarter valued at about $645,000. Hedge funds and other institutional investors own 71.94% of the company’s stock.

In other news, EVP Scott Kessler sold 61,686 shares of BJs Wholesale Club stock in a transaction that occurred on Monday, October 1st. The stock was sold at an average price of $25.09, for a total transaction of $1,547,701.74. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Christopher J. Baldwin sold 302,668 shares of BJs Wholesale Club stock in a transaction that occurred on Monday, October 1st. The stock was sold at an average price of $25.09, for a total value of $7,593,940.12. The disclosure for this sale can be found here. Insiders sold a total of 15,430,535 shares of company stock worth $400,833,662 in the last ninety days.

A number of research analysts have recently commented on BJ shares. CIBC started coverage on BJs Wholesale Club in a report on Thursday, October 18th. They set a “market perform” rating on the stock. Citigroup started coverage on BJs Wholesale Club in a report on Tuesday, October 2nd. They set a “buy” rating and a $31.00 price objective on the stock. Loop Capital increased their price objective on BJs Wholesale Club to $35.00 and gave the company a “buy” rating in a report on Wednesday, September 5th. Gordon Haskett lowered BJs Wholesale Club from a “buy” rating to an “accumulate” rating in a report on Wednesday, July 25th. They noted that the move was a valuation call. Finally, Northcoast Research started coverage on BJs Wholesale Club in a report on Tuesday, September 25th. They set a “buy” rating and a $38.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $29.92.

BJ opened at $22.05 on Thursday. BJs Wholesale Club Holdings Inc has a 12-month low of $19.31 and a 12-month high of $32.92.

BJs Wholesale Club (NYSE:BJ) last released its earnings results on Tuesday, November 20th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.04. The business had revenue of $3.22 billion during the quarter, compared to analyst estimates of $3.16 billion. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period last year, the business earned $0.25 EPS. On average, sell-side analysts predict that BJs Wholesale Club Holdings Inc will post 0.9 EPS for the current year.

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BJs Wholesale Club 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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