Russell Investments Group Ltd. decreased its holdings in BJs Wholesale Club Holdings Inc (NYSE:BJ) by 27.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 238,859 shares of the company’s stock after selling 89,108 shares during the quarter. Russell Investments Group Ltd.’s holdings in BJs Wholesale Club were worth $6,305,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Aperio Group LLC acquired a new stake in BJs Wholesale Club in the second quarter valued at approximately $58,000. Acadian Asset Management LLC acquired a new stake in BJs Wholesale Club in the second quarter valued at approximately $87,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in BJs Wholesale Club by 25.1% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,574 shares of the company’s stock valued at $125,000 after acquiring an additional 917 shares in the last quarter. Redhawk Wealth Advisors Inc. acquired a new stake in BJs Wholesale Club in the first quarter valued at approximately $238,000. Finally, ARP Americas LP acquired a new stake in BJs Wholesale Club in the second quarter valued at approximately $251,000.

BJ stock traded down $0.02 during midday trading on Friday, reaching $27.48. 6,446 shares of the company were exchanged, compared to its average volume of 2,158,523. BJs Wholesale Club Holdings Inc has a 1-year low of $19.31 and a 1-year high of $30.47. The stock’s 50-day simple moving average is $24.44 and its 200 day simple moving average is $25.75. The company has a market cap of $3.78 billion, a price-to-earnings ratio of 24.11, a price-to-earnings-growth ratio of 1.65 and a beta of 1.44.

BJs Wholesale Club (NYSE:BJ) last released its quarterly earnings data on Thursday, August 22nd. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. BJs Wholesale Club had a net margin of 1.59% and a negative return on equity of 107.71%. The company had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.39 billion. During the same quarter last year, the company earned $0.31 earnings per share. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. As a group, sell-side analysts predict that BJs Wholesale Club Holdings Inc will post 1.48 EPS for the current year.

Several analysts recently weighed in on BJ shares. UBS Group raised their target price on shares of BJs Wholesale Club from $28.00 to $30.00 and gave the company a “buy” rating in a report on Friday, August 23rd. Morgan Stanley raised their target price on shares of BJs Wholesale Club from $28.00 to $29.00 and gave the company an “equal weight” rating in a report on Friday, August 23rd. ValuEngine raised shares of BJs Wholesale Club from a “sell” rating to a “hold” rating in a report on Thursday, August 22nd. Zacks Investment Research cut shares of BJs Wholesale Club from a “buy” rating to a “hold” rating in a report on Tuesday, August 27th. Finally, Deutsche Bank raised their price objective on shares of BJs Wholesale Club from $29.00 to $31.00 and gave the stock a “buy” rating in a report on Friday, August 23rd. Six research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. BJs Wholesale Club presently has an average rating of “Buy” and an average target price of $30.82.

In other news, SVP Kirk Saville sold 7,812 shares of the firm’s stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $25.76, for a total transaction of $201,237.12. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Robert W. Eddy sold 76,367 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $27.12, for a total transaction of $2,071,073.04. Following the transaction, the executive vice president now owns 157,031 shares in the company, valued at $4,258,680.72. The disclosure for this sale can be found here. In the last three months, insiders have sold 394,363 shares of company stock worth $10,344,705. 17.70% of the stock is owned by corporate insiders.

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.

Further Reading: Sell-Side Analysts

Want to see what other hedge funds are holding BJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BJs Wholesale Club Holdings Inc (NYSE:BJ).

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

Receive News & Ratings for BJs Wholesale Club Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BJs Wholesale Club and related companies with MarketBeat.com's FREE daily email newsletter.