Blue Trust Inc. Has $54,000 Stake in BJ’s Wholesale Club Holdings, Inc. $BJ

Blue Trust Inc. trimmed its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 63.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 502 shares of the company’s stock after selling 865 shares during the quarter. Blue Trust Inc.’s holdings in BJ’s Wholesale Club were worth $54,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Oliver Lagore Vanvalin Investment Group acquired a new position in BJ’s Wholesale Club during the second quarter worth $26,000. REAP Financial Group LLC increased its position in BJ’s Wholesale Club by 152.5% during the second quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock worth $27,000 after buying an additional 151 shares during the last quarter. Atlantic Edge Private Wealth Management LLC acquired a new position in BJ’s Wholesale Club during the first quarter worth $33,000. Ameritas Advisory Services LLC acquired a new position in BJ’s Wholesale Club during the second quarter worth $35,000. Finally, HM Payson & Co. acquired a new position in BJ’s Wholesale Club during the first quarter worth $41,000. 98.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on BJ shares. Evercore ISI lowered their target price on shares of BJ’s Wholesale Club from $108.00 to $105.00 and set an “in-line” rating on the stock in a research report on Tuesday, October 7th. Weiss Ratings downgraded BJ’s Wholesale Club from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. Morgan Stanley lowered their price target on BJ’s Wholesale Club from $125.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Monday, August 25th. UBS Group lowered their price target on BJ’s Wholesale Club from $135.00 to $125.00 and set a “buy” rating on the stock in a research report on Monday, August 25th. Finally, DA Davidson lowered their price target on BJ’s Wholesale Club from $140.00 to $123.00 and set a “buy” rating on the stock in a research report on Monday, August 25th. Ten equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $114.65.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, EVP Graham Luce sold 6,300 shares of BJ’s Wholesale Club stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total transaction of $629,118.00. Following the completion of the sale, the executive vice president owned 11,617 shares of the company’s stock, valued at approximately $1,160,073.62. The trade was a 35.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Paul Cichocki sold 58,436 shares of BJ’s Wholesale Club stock in a transaction on Friday, August 1st. The stock was sold at an average price of $110.08, for a total transaction of $6,432,634.88. Following the transaction, the executive vice president directly owned 114,127 shares in the company, valued at approximately $12,563,100.16. This represents a 33.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by insiders.

BJ’s Wholesale Club Stock Performance

NYSE BJ opened at $94.13 on Friday. The firm has a market cap of $12.40 billion, a price-to-earnings ratio of 21.59, a PEG ratio of 2.51 and a beta of 0.36. The company has a 50 day moving average of $96.97 and a 200-day moving average of $106.54. The company has a current ratio of 0.79, a quick ratio of 0.17 and a debt-to-equity ratio of 0.19. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.92 and a 1-year high of $121.10.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings results on Friday, August 22nd. The company reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.04. The business had revenue of $5.38 billion during the quarter, compared to analyst estimates of $5.49 billion. BJ’s Wholesale Club had a net margin of 2.77% and a return on equity of 30.40%. BJ’s Wholesale Club’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.09 earnings per share. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. On average, equities analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

About BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.