Dynamic Technology Lab Private Ltd Has $648,000 Stock Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Dynamic Technology Lab Private Ltd decreased its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 83.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 7,856 shares of the company’s stock after selling 41,030 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in BJ’s Wholesale Club were worth $648,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of BJ. Kayne Anderson Rudnick Investment Management LLC lifted its stake in BJ’s Wholesale Club by 158.9% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,189,932 shares of the company’s stock valued at $368,044,000 after purchasing an additional 2,571,709 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of BJ’s Wholesale Club by 60.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,387,592 shares of the company’s stock worth $196,929,000 after buying an additional 896,263 shares in the last quarter. Marshall Wace LLP lifted its stake in shares of BJ’s Wholesale Club by 143.6% in the 2nd quarter. Marshall Wace LLP now owns 848,000 shares of the company’s stock valued at $74,488,000 after acquiring an additional 499,954 shares during the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in shares of BJ’s Wholesale Club by 201.8% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 591,596 shares of the company’s stock valued at $51,966,000 after acquiring an additional 395,573 shares in the last quarter. Finally, Jennison Associates LLC grew its position in BJ’s Wholesale Club by 280.5% during the 3rd quarter. Jennison Associates LLC now owns 533,336 shares of the company’s stock worth $43,990,000 after acquiring an additional 393,181 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Down 0.3 %

Shares of BJ’s Wholesale Club stock opened at $96.77 on Friday. The firm has a market cap of $12.83 billion, a price-to-earnings ratio of 23.26, a PEG ratio of 4.63 and a beta of 0.24. The stock’s 50-day moving average is $86.86 and its 200 day moving average is $85.82. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. BJ’s Wholesale Club Holdings, Inc. has a one year low of $63.73 and a one year high of $99.91.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on BJ shares. Morgan Stanley increased their target price on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company an “equal weight” rating in a research report on Friday, November 22nd. Bank of America cut their target price on shares of BJ’s Wholesale Club from $95.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, August 23rd. JPMorgan Chase & Co. upgraded shares of BJ’s Wholesale Club from an “underweight” rating to a “neutral” rating and upped their price target for the company from $76.00 to $78.00 in a research report on Monday, August 26th. Jefferies Financial Group raised their price target on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Finally, Wells Fargo & Company boosted their price objective on shares of BJ’s Wholesale Club from $92.00 to $100.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 12th. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $93.25.

Insider Buying and Selling at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 11,000 shares of BJ’s Wholesale Club stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $79.40, for a total value of $873,400.00. Following the completion of the sale, the chief executive officer now directly owns 445,792 shares of the company’s stock, valued at approximately $35,395,884.80. The trade was a 2.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last three months, insiders have sold 33,000 shares of company stock valued at $2,734,820. 2.00% of the stock is currently owned by company insiders.

BJ’s Wholesale Club Profile

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