BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) EVP William Werner sold 7,000 shares of the business's stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $91.09, for a total value of $637,630.00. Following the completion of the sale, the executive vice president owned 50,498 shares of the company's stock, valued at $4,599,862.82. This trade represents a 12.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
BJ's Wholesale Club Trading Down 1.3%
Shares of NYSE:BJ opened at $90.29 on Wednesday. BJ's Wholesale Club Holdings, Inc. has a 1 year low of $86.68 and a 1 year high of $121.10. The firm has a market capitalization of $11.81 billion, a price-to-earnings ratio of 20.80, a price-to-earnings-growth ratio of 2.51 and a beta of 0.31. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.79 and a quick ratio of 0.16. The business's 50 day moving average price is $91.46 and its 200-day moving average price is $100.10.
BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its quarterly earnings results on Friday, November 21st. The company reported $1.16 EPS for the quarter, topping the consensus estimate of $1.09 by $0.07. The company had revenue of $5.35 billion during the quarter, compared to analyst estimates of $5.35 billion. BJ's Wholesale Club had a net margin of 2.72% and a return on equity of 28.66%. The firm's revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.18 EPS. BJ's Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. On average, equities research analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Fulton Bank N.A. boosted its holdings in shares of BJ's Wholesale Club by 1.9% during the 2nd quarter. Fulton Bank N.A. now owns 5,174 shares of the company's stock worth $558,000 after purchasing an additional 98 shares during the last quarter. Louisiana State Employees Retirement System lifted its position in BJ's Wholesale Club by 0.3% during the second quarter. Louisiana State Employees Retirement System now owns 37,100 shares of the company's stock worth $4,000,000 after buying an additional 100 shares in the last quarter. State of Michigan Retirement System lifted its position in BJ's Wholesale Club by 0.3% during the second quarter. State of Michigan Retirement System now owns 31,715 shares of the company's stock worth $3,420,000 after buying an additional 100 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in BJ's Wholesale Club by 3.1% during the second quarter. Sequoia Financial Advisors LLC now owns 3,346 shares of the company's stock worth $361,000 after buying an additional 101 shares during the last quarter. Finally, CreativeOne Wealth LLC grew its holdings in BJ's Wholesale Club by 2.9% in the 1st quarter. CreativeOne Wealth LLC now owns 3,636 shares of the company's stock valued at $415,000 after buying an additional 102 shares in the last quarter. 98.60% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the stock. Robert W. Baird decreased their price target on shares of BJ's Wholesale Club from $130.00 to $115.00 and set an "outperform" rating on the stock in a research note on Monday, November 24th. Wall Street Zen cut BJ's Wholesale Club from a "buy" rating to a "hold" rating in a report on Saturday, August 16th. UBS Group restated a "buy" rating on shares of BJ's Wholesale Club in a research report on Monday, November 24th. Wells Fargo & Company lowered their price target on BJ's Wholesale Club from $120.00 to $105.00 and set an "overweight" rating on the stock in a research note on Wednesday, November 12th. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of BJ's Wholesale Club in a research report on Friday, August 22nd. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $111.67.
Read Our Latest Stock Analysis on BJ's Wholesale Club
BJ's Wholesale Club Company Profile
(
Get 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.
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