3,283 Shares in BJs Wholesale Club Holdings Inc (BJ) Purchased by Oppenheimer Asset Management Inc.

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Oppenheimer Asset Management Inc. bought a new stake in shares of BJs Wholesale Club Holdings Inc (NYSE:BJ) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 3,283 shares of the company’s stock, valued at approximately $73,000.

A number of other large investors also recently added to or reduced their stakes in BJ. Bank of New York Mellon Corp acquired a new position in BJs Wholesale Club during the 2nd quarter valued at $298,000. BlackRock Inc. bought a new stake in BJs Wholesale Club in the 2nd quarter valued at $9,692,000. FMR LLC bought a new stake in BJs Wholesale Club in the 2nd quarter valued at $200,102,000. Northern Trust Corp bought a new stake in BJs Wholesale Club in the 2nd quarter valued at $1,153,000. Finally, Strs Ohio bought a new stake in BJs Wholesale Club in the 3rd quarter valued at $334,000. Hedge funds and other institutional investors own 87.06% of the company’s stock.

BJ opened at $26.50 on Thursday. BJs Wholesale Club Holdings Inc has a twelve month low of $19.31 and a twelve month high of $32.92.

BJs Wholesale Club (NYSE:BJ) last posted its earnings results on Tuesday, November 20th. The company reported $0.38 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.04. The firm had revenue of $3.22 billion during the quarter, compared to the consensus estimate of $3.16 billion. During the same period in the previous year, the company posted $0.25 EPS. The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. As a group, equities research analysts forecast that BJs Wholesale Club Holdings Inc will post 0.95 EPS for the current year.

In other news, EVP Scott Kessler sold 20,000 shares of the company’s stock in a transaction dated Friday, February 15th. The shares were sold at an average price of $26.00, for a total value of $520,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Graham Luce sold 10,000 shares of the company’s stock in a transaction dated Tuesday, January 15th. The stock was sold at an average price of $23.50, for a total transaction of $235,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 408,641 shares of company stock worth $10,304,454.

Several equities research analysts have issued reports on BJ shares. Wells Fargo & Co raised shares of BJs Wholesale Club from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $26.00 to $29.00 in a report on Tuesday, January 22nd. Morgan Stanley lowered their price target on shares of BJs Wholesale Club from $30.00 to $28.00 and set an “equal weight” rating on the stock in a report on Friday, November 23rd. Zacks Investment Research lowered shares of BJs Wholesale Club from a “buy” rating to a “hold” rating in a report on Thursday, October 25th. William Blair reissued an “outperform” rating on shares of BJs Wholesale Club in a report on Monday, November 26th. Finally, Barclays started coverage on shares of BJs Wholesale Club in a report on Friday, February 1st. They issued an “equal weight” rating on the stock. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $30.08.

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

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