Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Has $10.98 Million Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. decreased its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJGet Rating) by 26.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 167,100 shares of the company’s stock after selling 59,300 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. owned approximately 0.12% of BJ’s Wholesale Club worth $10,977,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Pacer Advisors Inc. lifted its holdings in BJ’s Wholesale Club by 1.2% in the fourth quarter. Pacer Advisors Inc. now owns 14,285 shares of the company’s stock valued at $957,000 after buying an additional 174 shares during the period. Moors & Cabot Inc. lifted its holdings in BJ’s Wholesale Club by 3.9% in the third quarter. Moors & Cabot Inc. now owns 4,633 shares of the company’s stock valued at $256,000 after buying an additional 175 shares during the period. State Board of Administration of Florida Retirement System lifted its holdings in BJ’s Wholesale Club by 0.4% in the third quarter. State Board of Administration of Florida Retirement System now owns 52,490 shares of the company’s stock valued at $2,883,000 after buying an additional 210 shares during the period. Vestmark Advisory Solutions Inc. lifted its holdings in BJ’s Wholesale Club by 5.3% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 4,614 shares of the company’s stock valued at $309,000 after buying an additional 232 shares during the period. Finally, State of Michigan Retirement System lifted its holdings in BJ’s Wholesale Club by 0.9% in the fourth quarter. State of Michigan Retirement System now owns 34,617 shares of the company’s stock valued at $2,318,000 after buying an additional 300 shares during the period.

In other news, Director Kenneth M. Parent sold 35,004 shares of the stock in a transaction that occurred on Tuesday, April 5th. The shares were sold at an average price of $67.42, for a total transaction of $2,359,969.68. Following the completion of the transaction, the director now directly owns 14,143 shares of the company’s stock, valued at approximately $953,521.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.10% of the stock is owned by corporate insiders.

Several equities research analysts have weighed in on the stock. Zacks Investment Research downgraded shares of BJ’s Wholesale Club from a “strong-buy” rating to a “hold” rating and set a $64.00 price target for the company. in a research note on Wednesday, January 19th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of BJ’s Wholesale Club from $74.00 to $70.00 and set a “buy” rating for the company in a research note on Monday, March 7th. Morgan Stanley decreased their price target on shares of BJ’s Wholesale Club from $70.00 to $65.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 18th. JPMorgan Chase & Co. downgraded shares of BJ’s Wholesale Club from an “overweight” rating to an “underweight” rating and decreased their price target for the company from $78.00 to $60.00 in a research note on Friday, January 14th. Finally, Credit Suisse Group decreased their price target on shares of BJ’s Wholesale Club from $80.00 to $70.00 and set an “outperform” rating for the company in a research note on Friday, March 4th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $66.45.

NYSE:BJ opened at $67.20 on Friday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.14 and a current ratio of 0.76. The firm has a market cap of $9.09 billion, a price-to-earnings ratio of 21.75, a price-to-earnings-growth ratio of 2.62 and a beta of 0.48. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $42.62 and a 52 week high of $74.09. The firm has a 50-day moving average price of $65.05 and a two-hundred day moving average price of $63.49.

BJ’s Wholesale Club (NYSE:BJGet Rating) last posted its quarterly earnings data on Thursday, March 3rd. The company reported $0.80 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.05. The firm had revenue of $4.26 billion during the quarter, compared to analyst estimates of $4.38 billion. BJ’s Wholesale Club had a net margin of 2.56% and a return on equity of 84.80%. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last year, the business posted $0.70 EPS. As a group, sell-side analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.27 earnings per share for the current year.

BJ’s Wholesale Club Company Profile (Get Rating)

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the east coast of the United States. It provides perishable, general merchandise, gasoline, and other ancillary services. The company sells its products through the websites BJs.com, BerkleyJensen.com, Wellsleyfarms.com, and Delivery.bjs.com as well as the mobile app.

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

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