BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) EVP Paul Cichocki Sells 58,436 Shares of Stock

by · The Markets Daily

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Get Free Report) EVP Paul Cichocki sold 58,436 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $110.08, for a total transaction of $6,432,634.88. Following the completion of the sale, the executive vice president directly owned 114,127 shares in the company, valued at $12,563,100.16. This represents a 33.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Paul Cichocki also recently made the following trade(s):

  • On Friday, July 11th, Paul Cichocki sold 43,825 shares of BJ’s Wholesale Club stock. The shares were sold at an average price of $106.65, for a total transaction of $4,673,936.25.

BJ’s Wholesale Club Price Performance

BJ’s Wholesale Club stock opened at $106.53 on Wednesday. The company has a current ratio of 0.77, a quick ratio of 0.14 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $14.07 billion, a PE ratio of 24.78, a P/E/G ratio of 2.98 and a beta of 0.43. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $76.33 and a 12 month high of $121.10. The stock has a 50-day moving average price of $108.54 and a two-hundred day moving average price of $109.44.

BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last issued its quarterly earnings data on Thursday, May 22nd. The company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.23. BJ’s Wholesale Club had a return on equity of 31.98% and a net margin of 2.76%. The company had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $5.18 billion. During the same period last year, the company earned $0.85 earnings per share. The firm’s revenue was up 4.8% compared to the same quarter last year. Analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. DA Davidson upped their price target on shares of BJ’s Wholesale Club from $130.00 to $140.00 and gave the company a “buy” rating in a report on Friday, May 23rd. UBS Group restated a “buy” rating and set a $135.00 price target (up previously from $129.00) on shares of BJ’s Wholesale Club in a research report on Friday, May 23rd. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $127.00 price objective (up previously from $125.00) on shares of BJ’s Wholesale Club in a report on Friday, May 23rd. Wall Street Zen raised shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a report on Saturday, May 24th. Finally, JPMorgan Chase & Co. upped their price target on shares of BJ’s Wholesale Club from $109.00 to $123.00 and gave the company a “neutral” rating in a report on Friday, May 9th. Nine research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $111.00.

Check Out Our Latest Analysis on BJ’s Wholesale Club

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC raised its stake in shares of BJ’s Wholesale Club by 92.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 21,456 shares of the company’s stock valued at $2,448,000 after buying an additional 10,326 shares during the period. Contravisory Investment Management Inc. purchased a new stake in BJ’s Wholesale Club during the 1st quarter worth about $9,805,000. iSAM Funds UK Ltd purchased a new stake in BJ’s Wholesale Club during the 4th quarter worth about $843,000. Landscape Capital Management L.L.C. purchased a new stake in BJ’s Wholesale Club during the 4th quarter worth about $531,000. Finally, FORA Capital LLC purchased a new stake in BJ’s Wholesale Club during the 4th quarter worth about $936,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Company Profile

(Get Free Report)

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.

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