Laurion Capital Management LP Invests $2.37 Million in BJs Wholesale Club Holdings Inc (BJ) Stock

Laurion Capital Management LP acquired a new stake in BJs Wholesale Club Holdings Inc (NYSE:BJ) in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm acquired 100,000 shares of the company’s stock, valued at approximately $2,365,000. Laurion Capital Management LP owned about 0.08% of BJs Wholesale Club as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the business. Bank of New York Mellon Corp purchased a new stake in shares of BJs Wholesale Club during the 2nd quarter worth approximately $298,000. Russell Investments Group Ltd. purchased a new stake in shares of BJs Wholesale Club during the 2nd quarter worth approximately $311,000. Legal & General Group Plc purchased a new stake in shares of BJs Wholesale Club during the 2nd quarter worth approximately $468,000. MYDA Advisors LLC bought a new position in BJs Wholesale Club in the 2nd quarter worth approximately $591,000. Finally, Dean Capital Investments Management LLC bought a new position in BJs Wholesale Club in the 2nd quarter worth approximately $645,000. Hedge funds and other institutional investors own 65.73% of the company’s stock.

In related news, EVP Robert W. Eddy acquired 2,000 shares of the company’s stock in a transaction dated Wednesday, June 27th. The stock was bought at an average cost of $17.00 per share, with a total value of $34,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of NYSE:BJ opened at $30.66 on Monday. BJs Wholesale Club Holdings Inc has a one year low of $20.56 and a one year high of $32.92.

BJs Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Tuesday, August 28th. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.27 by $0.04. The firm had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the previous year, the business earned $0.22 earnings per share. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. analysts forecast that BJs Wholesale Club Holdings Inc will post 0.92 EPS for the current fiscal year.

Several research analysts have commented on BJ shares. Nomura started coverage on shares of BJs Wholesale Club in a report on Monday, July 23rd. They issued a “buy” rating and a $29.00 price target for the company. Bank of America started coverage on shares of BJs Wholesale Club in a report on Monday, July 23rd. They issued a “buy” rating and a $30.00 price target for the company. Jefferies Financial Group started coverage on shares of BJs Wholesale Club in a report on Monday, July 23rd. They issued a “buy” rating and a $31.00 price target for the company. Citigroup started coverage on shares of BJs Wholesale Club in a report on Monday, July 23rd. They issued a “buy” rating and a $30.00 price target for the company. Finally, Goldman Sachs Group started coverage on shares of BJs Wholesale Club in a report on Monday, July 23rd. They issued a “neutral” rating and a $24.00 price target for the company. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $29.45.

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.

Further Reading: NASDAQ

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

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