BJs Wholesale Club Holdings Inc (NYSE:BJ) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 13,620,000 shares, a growth of 11.5% from the June 30th total of 12,220,000 shares. Currently, 10.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,920,000 shares, the short-interest ratio is currently 4.7 days.

In other BJs Wholesale Club news, EVP Brian Poulliot sold 24,519 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $35.14, for a total value of $861,597.66. Following the transaction, the executive vice president now directly owns 141,387 shares of the company’s stock, valued at approximately $4,968,339.18. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Laura L. Felice sold 7,000 shares of the company’s stock in a transaction dated Friday, July 17th. The stock was sold at an average price of $39.66, for a total value of $277,620.00. Following the completion of the transaction, the senior vice president now directly owns 92,656 shares in the company, valued at $3,674,736.96. The disclosure for this sale can be found here. Insiders have sold 140,697 shares of company stock worth $5,249,310 over the last three months. 4.20% of the stock is owned by insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Legal & General Group Plc raised its stake in shares of BJs Wholesale Club by 13.8% in the 1st quarter. Legal & General Group Plc now owns 209,532 shares of the company’s stock valued at $5,337,000 after purchasing an additional 25,434 shares during the period. Louisiana State Employees Retirement System increased its position in shares of BJs Wholesale Club by 4.1% in the second quarter. Louisiana State Employees Retirement System now owns 30,800 shares of the company’s stock valued at $1,148,000 after acquiring an additional 1,200 shares during the last quarter. Norges Bank acquired a new stake in shares of BJs Wholesale Club in the fourth quarter valued at about $32,638,000. AXA acquired a new position in BJs Wholesale Club during the first quarter worth approximately $1,393,000. Finally, Wedge Capital Management L L P NC acquired a new position in BJs Wholesale Club during the second quarter worth approximately $32,198,000.

BJ stock traded down $0.44 during midday trading on Friday, hitting $40.05. 1,550,544 shares of the company’s stock were exchanged, compared to its average volume of 1,556,250. The stock’s fifty day moving average price is $37.74 and its 200-day moving average price is $28.70. The company has a debt-to-equity ratio of 103.12, a quick ratio of 0.22 and a current ratio of 0.81. The company has a market cap of $5.55 billion, a PE ratio of 22.50, a price-to-earnings-growth ratio of 1.34 and a beta of 0.35. BJs Wholesale Club has a one year low of $18.84 and a one year high of $42.06.

BJs Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Thursday, May 21st. The company reported $0.69 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.32. BJs Wholesale Club had a negative return on equity of 360.57% and a net margin of 1.78%. The firm had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.33 billion. During the same quarter last year, the business posted $0.26 EPS. The company’s revenue for the quarter was up 21.1% on a year-over-year basis. On average, analysts expect that BJs Wholesale Club will post 2.21 EPS for the current year.

Several brokerages have weighed in on BJ. Nomura upped their target price on BJs Wholesale Club from $33.00 to $40.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Jefferies Financial Group upped their price target on BJs Wholesale Club from $29.00 to $44.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Goldman Sachs Group upped their price target on BJs Wholesale Club from $38.00 to $43.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Citigroup upped their price target on BJs Wholesale Club from $26.00 to $36.00 and gave the stock a “neutral” rating in a research note on Friday, May 22nd. They noted that the move was a valuation call. Finally, Oppenheimer initiated coverage on BJs Wholesale Club in a research note on Monday, May 18th. They set a “hold” rating for the company. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and sixteen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $36.05.

About BJs Wholesale Club

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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