Yorktown Management & Research Co Inc Has $473,000 Position in BJ’s Wholesale Club Holdings, Inc. $BJ

Yorktown Management & Research Co Inc lessened its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 23.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,390 shares of the company’s stock after selling 1,350 shares during the quarter. Yorktown Management & Research Co Inc’s holdings in BJ’s Wholesale Club were worth $473,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Oliver Lagore Vanvalin Investment Group bought a new stake in BJ’s Wholesale Club during the 2nd quarter valued at $26,000. REAP Financial Group LLC increased its stake in BJ’s Wholesale Club by 152.5% during the 2nd quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock valued at $27,000 after purchasing an additional 151 shares in the last quarter. Atlantic Edge Private Wealth Management LLC bought a new stake in BJ’s Wholesale Club during the 1st quarter valued at $33,000. Ameritas Advisory Services LLC bought a new stake in shares of BJ’s Wholesale Club in the 2nd quarter worth $35,000. Finally, HM Payson & Co. bought a new stake in shares of BJ’s Wholesale Club in the 1st quarter worth $41,000. Institutional investors own 98.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. BTIG Research assumed coverage on shares of BJ’s Wholesale Club in a research note on Tuesday, October 14th. They issued a “buy” rating and a $120.00 target price for the company. Gordon Haskett lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 target price for the company. in a research note on Friday, August 15th. UBS Group reduced their target price on shares of BJ’s Wholesale Club from $135.00 to $125.00 and set a “buy” rating for the company in a research note on Monday, August 25th. Citigroup reduced their price target on shares of BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating for the company in a research report on Monday, August 25th. Finally, Jefferies Financial Group restated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 22nd. Ten research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $114.65.

Insider Activity

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

BJ’s Wholesale Club Price Performance

BJ opened at $92.41 on Wednesday. The firm has a market cap of $12.17 billion, a P/E ratio of 21.19, a PEG ratio of 2.50 and a beta of 0.36. The firm has a 50-day moving average of $95.34 and a 200 day moving average of $105.44. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.17 and a current ratio of 0.79. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $83.92 and a fifty-two week high of $121.10.

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