BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) is D. Scott Neal Inc.’s 9th Largest Position

D. Scott Neal Inc. raised its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Get Rating) by 0.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 112,304 shares of the company’s stock after buying an additional 715 shares during the period. BJ’s Wholesale Club comprises approximately 3.6% of D. Scott Neal Inc.’s holdings, making the stock its 9th largest position. D. Scott Neal Inc.’s holdings in BJ’s Wholesale Club were worth $7,430,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its position in shares of BJ’s Wholesale Club by 145.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,422,594 shares of the company’s stock valued at $163,792,000 after acquiring an additional 1,436,785 shares during the period. Eaton Vance Management grew its position in shares of BJ’s Wholesale Club by 323.5% during the 1st quarter. Eaton Vance Management now owns 1,719,134 shares of the company’s stock valued at $116,230,000 after acquiring an additional 1,313,206 shares during the period. Marshall Wace LLP grew its position in shares of BJ’s Wholesale Club by 162.6% during the 3rd quarter. Marshall Wace LLP now owns 2,113,286 shares of the company’s stock valued at $153,866,000 after acquiring an additional 1,308,643 shares during the period. Renaissance Technologies LLC grew its position in shares of BJ’s Wholesale Club by 141.7% during the 2nd quarter. Renaissance Technologies LLC now owns 1,247,499 shares of the company’s stock valued at $77,744,000 after acquiring an additional 731,299 shares during the period. Finally, Wedge Capital Management L L P NC bought a new stake in shares of BJ’s Wholesale Club during the 3rd quarter valued at $37,050,000. 93.72% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

BJ has been the subject of a number of recent research reports. Evercore ISI boosted their price objective on shares of BJ’s Wholesale Club from $75.00 to $80.00 in a research report on Friday, March 10th. Barclays upped their target price on shares of BJ’s Wholesale Club from $24.00 to $25.00 in a report on Tuesday, February 21st. Morgan Stanley upped their target price on shares of BJ’s Wholesale Club from $76.00 to $77.00 and gave the stock an “equal weight” rating in a report on Friday, March 10th. Credit Suisse Group upped their target price on shares of BJ’s Wholesale Club from $75.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, March 10th. Finally, Robert W. Baird upped their target price on shares of BJ’s Wholesale Club from $85.00 to $90.00 in a report on Friday, March 10th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat, BJ’s Wholesale Club has an average rating of “Hold” and a consensus target price of $76.81.

Insider Buying and Selling

In related news, EVP Jeff Desroches sold 7,059 shares of the stock in a transaction dated Thursday, March 9th. The shares were sold at an average price of $77.09, for a total value of $544,178.31. Following the sale, the executive vice president now directly owns 84,822 shares of the company’s stock, valued at approximately $6,538,927.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, EVP Jeff Desroches sold 7,059 shares of the stock in a transaction dated Thursday, March 9th. The shares were sold at an average price of $77.09, for a total value of $544,178.31. Following the sale, the executive vice president now directly owns 84,822 shares of the company’s stock, valued at approximately $6,538,927.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert W. Eddy sold 5,031 shares of the firm’s stock in a transaction that occurred on Monday, January 30th. The stock was sold at an average price of $70.36, for a total transaction of $353,981.16. Following the transaction, the chief executive officer now directly owns 178,725 shares in the company, valued at $12,575,091. The disclosure for this sale can be found here. Insiders have sold 15,206 shares of company stock valued at $1,124,675 in the last ninety days. 2.10% of the stock is owned by company insiders.

BJ’s Wholesale Club Stock Down 1.0 %

Shares of NYSE BJ opened at $75.12 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.13 and a debt-to-equity ratio of 0.43. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $51.45 and a 12-month high of $80.41. The stock has a market capitalization of $10.15 billion, a price-to-earnings ratio of 20.03, a P/E/G ratio of 2.05 and a beta of 0.48. The firm’s 50-day moving average price is $72.46 and its 200-day moving average price is $72.77.

BJ’s Wholesale Club (NYSE:BJ – Get Rating) last posted its quarterly earnings data on Thursday, March 9th. The company reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.11. BJ’s Wholesale Club had a net margin of 2.66% and a return on equity of 60.16%. The company had revenue of $4.93 billion for the quarter, compared to analyst estimates of $4.78 billion. During the same period in the prior year, the company posted $0.80 EPS. The firm’s revenue for the quarter was up 13.1% on a year-over-year basis. On average, equities research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.98 EPS for the current fiscal year.

About BJ’s Wholesale Club

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BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.