Danica Pension Livsforsikringsaktieselskab Cuts Position in BJ’s Wholesale Club Holdings, Inc. $BJ

Danica Pension Livsforsikringsaktieselskab lessened its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 39.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 448,873 shares of the company’s stock after selling 292,104 shares during the quarter. BJ’s Wholesale Club accounts for approximately 0.8% of Danica Pension Livsforsikringsaktieselskab’s portfolio, making the stock its 29th largest holding. Danica Pension Livsforsikringsaktieselskab owned about 0.35% of BJ’s Wholesale Club worth $44,178,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. BOK Financial Private Wealth Inc. bought a new stake in BJ’s Wholesale Club during the fourth quarter worth about $25,000. Strive Financial Group LLC bought a new position in shares of BJ’s Wholesale Club during the 4th quarter valued at about $25,000. Parkside Financial Bank & Trust increased its position in shares of BJ’s Wholesale Club by 147.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock valued at $26,000 after purchasing an additional 173 shares during the last quarter. Sunbelt Securities Inc. purchased a new position in shares of BJ’s Wholesale Club during the 3rd quarter valued at about $34,000. Finally, Leonteq Securities AG purchased a new position in shares of BJ’s Wholesale Club during the 4th quarter valued at about $43,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Wall Street Analyst Weigh In

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

BJ’s Wholesale Club Trading Down 1.6%

NYSE BJ opened at $92.44 on Wednesday. The firm has a market cap of $11.80 billion, a PE ratio of 21.25, a price-to-earnings-growth ratio of 3.50 and a beta of 0.22. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $83.21 and a 1-year high of $110.92. The stock has a 50-day moving average of $89.47 and a 200-day moving average of $93.45. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19.

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

Insiders Place Their Bets

In other BJ’s Wholesale Club news, EVP Scott Schmadeke sold 16,500 shares of the stock in a transaction 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 sale, the executive vice president owned 20,471 shares of the company’s stock, valued at $1,886,812.07. This represents a 44.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.10% of the stock is owned by insiders.

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.