Danica Pension Livsforsikringsaktieselskab Sells 292,104 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Danica Pension Livsforsikringsaktieselskab lowered its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 39.4% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 448,873 shares of the company’s stock after selling 292,104 shares during the quarter. BJ’s Wholesale Club makes up about 0.8% of Danica Pension Livsforsikringsaktieselskab’s investment portfolio, making the stock its 29th largest holding. Danica Pension Livsforsikringsaktieselskab’s holdings in BJ’s Wholesale Club were worth $44,178,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. PNC Financial Services Group Inc. increased its stake in shares of BJ’s Wholesale Club by 16.5% during the first quarter. PNC Financial Services Group Inc. now owns 11,669 shares of the company’s stock valued at $1,148,000 after buying an additional 1,654 shares during the period. Balefire LLC raised its holdings in shares of BJ’s Wholesale Club by 5.0% during the first quarter. Balefire LLC now owns 2,845 shares of the company’s stock valued at $280,000 after acquiring an additional 136 shares in the last quarter. KBC Group NV lifted its stake in BJ’s Wholesale Club by 10.3% in the first quarter. KBC Group NV now owns 3,948 shares of the company’s stock worth $389,000 after acquiring an additional 368 shares during the period. Mediolanum International Funds Ltd lifted its stake in BJ’s Wholesale Club by 31.4% in the first quarter. Mediolanum International Funds Ltd now owns 141,104 shares of the company’s stock worth $13,962,000 after acquiring an additional 33,710 shares during the period. Finally, Future Fund LLC lifted its stake in BJ’s Wholesale Club by 27.2% in the first quarter. Future Fund LLC now owns 18,900 shares of the company’s stock worth $1,860,000 after acquiring an additional 4,038 shares during the period. 98.60% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, EVP Scott Schmadeke sold 16,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the completion of the transaction, the executive vice president owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. This trade represents a 44.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

BJ’s Wholesale Club Trading Down 1.6%

NYSE BJ opened at $92.44 on Wednesday. The firm has a market capitalization of $11.80 billion, a PE ratio of 21.25, a P/E/G ratio of 3.50 and a beta of 0.22. The stock’s 50 day moving average is $89.47 and its 200 day moving average is $93.45. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $110.92. The company has a quick ratio of 0.18, a current ratio of 0.73 and a debt-to-equity ratio of 0.19.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.06. The business had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.44 billion. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The firm’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.51 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BJ has been the topic of a number of research analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. UBS Group reaffirmed a “buy” rating and issued a $109.00 target price on shares of BJ’s Wholesale Club in a research report on Tuesday, May 26th. Bank of America assumed coverage on shares of BJ’s Wholesale Club in a research report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 price target on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Wednesday, July 8th. Finally, Citigroup decreased their price target on shares of BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research note on Tuesday, May 26th. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $105.27.

About BJ’s Wholesale Club

BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.

Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.