Vestmark Advisory Solutions Inc. Sells 40,314 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Vestmark Advisory Solutions Inc. cut its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 49.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,600 shares of the company’s stock after selling 40,314 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in BJ’s Wholesale Club were worth $4,486,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. IFP Advisors Inc lifted its holdings in shares of BJ’s Wholesale Club by 22.0% during the 1st quarter. IFP Advisors Inc now owns 510 shares of the company’s stock valued at $58,000 after buying an additional 92 shares during the period. Fulton Bank N.A. lifted its holdings in BJ’s Wholesale Club by 1.9% in the second quarter. Fulton Bank N.A. now owns 5,174 shares of the company’s stock valued at $558,000 after acquiring an additional 98 shares during the period. Louisiana State Employees Retirement System boosted its position in BJ’s Wholesale Club by 0.3% in the second quarter. Louisiana State Employees Retirement System now owns 37,100 shares of the company’s stock worth $4,000,000 after purchasing an additional 100 shares during the last quarter. State of Michigan Retirement System increased its position in shares of BJ’s Wholesale Club by 0.3% during the 2nd quarter. State of Michigan Retirement System now owns 31,715 shares of the company’s stock valued at $3,420,000 after purchasing an additional 100 shares during the last quarter. Finally, Greenleaf Trust increased its position in shares of BJ’s Wholesale Club by 4.3% during the 1st quarter. Greenleaf Trust now owns 2,450 shares of the company’s stock valued at $280,000 after purchasing an additional 101 shares during the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Insider Buying and Selling at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 17,898 shares of BJ’s Wholesale Club stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $89.71, for a total value of $1,605,629.58. Following the sale, the chief executive officer directly owned 296,735 shares in the company, valued at approximately $26,620,096.85. The trade was a 5.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Graham Luce sold 6,300 shares of the business’s stock in a transaction on Wednesday, September 17th. The stock was 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 in the company, valued at approximately $1,160,073.62. The trade was a 35.16% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on BJ shares. JPMorgan Chase & Co. cut their target price on shares of BJ’s Wholesale Club from $113.00 to $110.00 and set a “neutral” rating for the company in a research report on Monday, August 25th. Citigroup reduced their price objective 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. DA Davidson cut their price target on BJ’s Wholesale Club from $140.00 to $123.00 and set a “buy” rating for the company in a report on Monday, August 25th. Morgan Stanley decreased their price objective on BJ’s Wholesale Club from $125.00 to $115.00 and set an “equal weight” rating on the stock in a research note on Monday, August 25th. Finally, Weiss Ratings downgraded BJ’s Wholesale Club from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. Ten analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.65.

BJ’s Wholesale Club Stock Performance

NYSE BJ opened at $91.48 on Friday. The company has a quick ratio of 0.17, a current ratio of 0.79 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 business has a 50-day moving average price of $93.85 and a 200-day moving average price of $103.91. The firm has a market cap of $12.05 billion, a price-to-earnings ratio of 20.98, a price-to-earnings-growth ratio of 2.44 and a beta of 0.33.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings results on Friday, August 22nd. The company reported $1.14 EPS for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $5.49 billion. During the same period in the previous year, the firm earned $1.09 EPS. The firm’s revenue was up 3.2% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. As a group, equities research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

BJ’s Wholesale Club Profile

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.