REAP Financial Group LLC Increases Stock Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

REAP Financial Group LLC grew its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJFree Report) by 152.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 250 shares of the company’s stock after buying an additional 151 shares during the quarter. REAP Financial Group LLC’s holdings in BJ’s Wholesale Club were worth $27,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in BJ. Bank of New York Mellon Corp boosted its stake in shares of BJ’s Wholesale Club by 199.7% in the 1st quarter. Bank of New York Mellon Corp now owns 2,986,494 shares of the company’s stock valued at $340,759,000 after buying an additional 1,989,980 shares during the period. Bessemer Group Inc. boosted its stake in shares of BJ’s Wholesale Club by 65.9% in the 1st quarter. Bessemer Group Inc. now owns 4,186,760 shares of the company’s stock valued at $477,709,000 after buying an additional 1,662,415 shares during the period. Select Equity Group L.P. boosted its stake in shares of BJ’s Wholesale Club by 1,230.1% in the 1st quarter. Select Equity Group L.P. now owns 1,739,337 shares of the company’s stock valued at $198,458,000 after buying an additional 1,608,571 shares during the period. Wellington Management Group LLP boosted its stake in shares of BJ’s Wholesale Club by 449.6% in the 1st quarter. Wellington Management Group LLP now owns 1,126,001 shares of the company’s stock valued at $128,477,000 after buying an additional 921,139 shares during the period. Finally, AQR Capital Management LLC boosted its stake in shares of BJ’s Wholesale Club by 195.6% in the 1st quarter. AQR Capital Management LLC now owns 1,198,084 shares of the company’s stock valued at $136,019,000 after buying an additional 792,808 shares during the period. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. DA Davidson decreased their price objective on BJ’s Wholesale Club from $140.00 to $123.00 and set a “buy” rating for the company in a research note on Monday, August 25th. Jefferies Financial Group restated a “buy” rating on shares of BJ’s Wholesale Club in a research note on Friday, August 22nd. Morgan Stanley decreased their target price on BJ’s Wholesale Club from $125.00 to $115.00 and set an “equal weight” rating for the company in a research note on Monday, August 25th. Citigroup decreased their target price on BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating for the company in a research note on Monday, August 25th. Finally, Weiss Ratings cut BJ’s Wholesale Club from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Nine equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, BJ’s Wholesale Club presently has a consensus rating of “Hold” and a consensus target price of $114.31.

View Our Latest Report on BJ’s Wholesale Club

BJ’s Wholesale Club Price Performance

Shares of NYSE BJ opened at $89.15 on Thursday. 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 twelve month low of $83.92 and a twelve month high of $121.10. The stock has a 50 day moving average of $99.13 and a two-hundred day moving average of $107.54. The stock has a market cap of $11.75 billion, a P/E ratio of 20.45, a P/E/G ratio of 2.40 and a beta of 0.36.

BJ’s Wholesale Club (NYSE:BJGet Free Report) last issued its quarterly earnings data 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. BJ’s Wholesale Club had a return on equity of 30.40% and a net margin of 2.77%.The company had revenue of $5.38 billion during the quarter, compared to analysts’ expectations of $5.49 billion. During the same quarter in the previous year, the business earned $1.09 earnings per share. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. On average, research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Insider Buying and Selling

In other BJ’s Wholesale Club news, EVP Graham Luce sold 6,300 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $99.86, for a total value of $629,118.00. Following the completion of the sale, the executive vice president owned 11,617 shares in the company, valued at approximately $1,160,073.62. The trade was a 35.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Paul Cichocki sold 58,436 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $110.08, for a total value of $6,432,634.88. Following the completion of the sale, the executive vice president owned 114,127 shares of the company’s stock, valued at approximately $12,563,100.16. This represents a 33.86% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 108,561 shares of company stock valued at $11,735,689. 1.40% of the stock is owned by company insiders.

BJ’s Wholesale Club Profile

(Free Report)

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.

See Also

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

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