Westwood Holdings Group Inc. Has $22.01 Million Stock Position in BJ’s Wholesale Club Holdings, Inc. $BJ

Westwood Holdings Group Inc. increased its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 1.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 204,077 shares of the company’s stock after acquiring an additional 3,575 shares during the period. Westwood Holdings Group Inc.’s holdings in BJ’s Wholesale Club were worth $22,006,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of BJ’s Wholesale Club during the 2nd quarter worth approximately $26,000. REAP Financial Group LLC grew its stake in shares of BJ’s Wholesale Club by 152.5% in the second quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock valued at $27,000 after buying an additional 151 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in BJ’s Wholesale Club during the second quarter worth $35,000. Quarry LP bought a new stake in BJ’s Wholesale Club during the first quarter worth $48,000. Finally, Bayforest Capital Ltd lifted its stake in BJ’s Wholesale Club by 362.7% in the second quarter. Bayforest Capital Ltd now owns 472 shares of the company’s stock valued at $51,000 after acquiring an additional 370 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, EVP Graham Luce sold 6,300 shares of the company’s stock in a transaction 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 transaction, the executive vice president directly owned 11,617 shares of the company’s stock, valued at $1,160,073.62. This represents a 35.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Robert W. Eddy sold 17,898 shares of BJ’s Wholesale Club stock in a transaction on Monday, November 3rd. The stock was 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 of the company’s stock, valued at $26,620,096.85. This represents a 5.69% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.40% of the company’s stock.

BJ’s Wholesale Club Stock Up 0.3%

BJ’s Wholesale Club stock opened at $94.24 on Friday. The company’s 50-day moving average price is $93.47 and its two-hundred day moving average price is $103.19. The company has a quick ratio of 0.17, a current ratio of 0.79 and a debt-to-equity ratio of 0.19. The stock has a market cap of $12.42 billion, a P/E ratio of 21.61, a P/E/G ratio of 2.51 and a beta of 0.33. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.92 and a twelve month high of $121.10.

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on BJ shares. DA Davidson lowered their price objective on shares of BJ’s Wholesale Club from $140.00 to $123.00 and set a “buy” rating on the stock in a research note on Monday, August 25th. Wells Fargo & Company reduced their price target on BJ’s Wholesale Club from $120.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday. Gordon Haskett downgraded BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 price target on the stock. in a research report on Friday, August 15th. Weiss Ratings cut BJ’s Wholesale Club from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research note on Friday, August 22nd. Ten investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $112.18.

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.