Y Intercept Hong Kong Ltd Invests $5.88 Million in BJ’s Wholesale Club Holdings, Inc. $BJ

Y Intercept Hong Kong Ltd acquired a new position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 63,000 shares of the company’s stock, valued at approximately $5,875,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BJ. Louisiana State Employees Retirement System lifted its holdings in shares of BJ’s Wholesale Club by 0.3% during the 2nd quarter. Louisiana State Employees Retirement System now owns 37,100 shares of the company’s stock valued at $4,000,000 after buying an additional 100 shares during the last quarter. State of Michigan Retirement System raised its position in BJ’s Wholesale Club by 0.3% during the second quarter. State of Michigan Retirement System now owns 31,715 shares of the company’s stock valued at $3,420,000 after acquiring an additional 100 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in BJ’s Wholesale Club by 3.1% during the second quarter. Sequoia Financial Advisors LLC now owns 3,346 shares of the company’s stock valued at $361,000 after acquiring an additional 101 shares in the last quarter. Moody Lynn & Lieberson LLC lifted its stake in BJ’s Wholesale Club by 1.9% in the third quarter. Moody Lynn & Lieberson LLC now owns 6,429 shares of the company’s stock valued at $600,000 after acquiring an additional 120 shares during the last quarter. Finally, Cox Capital Mgt LLC grew its position in BJ’s Wholesale Club by 0.8% in the third quarter. Cox Capital Mgt LLC now owns 15,452 shares of the company’s stock worth $1,441,000 after acquiring an additional 122 shares in the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Price Performance

Shares of NYSE:BJ opened at $97.43 on Friday. The company has a market cap of $12.75 billion, a price-to-earnings ratio of 22.45, a PEG ratio of 2.70 and a beta of 0.33. The business has a 50 day moving average price of $92.14 and a 200 day moving average price of $96.04. The company has a quick ratio of 0.16, a current ratio of 0.79 and a debt-to-equity ratio of 0.18. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $86.68 and a twelve month high of $121.10.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings results on Friday, November 21st. The company reported $1.16 EPS for the quarter, topping the consensus estimate of $1.09 by $0.07. BJ’s Wholesale Club had a return on equity of 28.66% and a net margin of 2.72%.The company had revenue of $5.35 billion for the quarter, compared to the consensus estimate of $5.35 billion. During the same period in the previous year, the business posted $1.18 EPS. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. Research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Insider Buying and Selling at BJ’s Wholesale Club

In other news, EVP William C. Werner sold 7,000 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $91.09, for a total transaction of $637,630.00. Following the completion of the transaction, the executive vice president owned 50,498 shares of the company’s stock, valued at approximately $4,599,862.82. This represents a 12.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert W. Eddy sold 17,898 shares of BJ’s Wholesale Club stock in a transaction dated 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 in the company, valued at approximately $26,620,096.85. This trade represents a 5.69% 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.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on BJ shares. Morgan Stanley cut their price target on shares of BJ’s Wholesale Club from $105.00 to $100.00 and set an “equal weight” rating on the stock in a report on Thursday, January 15th. BTIG Research restated a “buy” rating and set a $120.00 target price on shares of BJ’s Wholesale Club in a report on Friday, November 21st. DA Davidson reiterated a “buy” rating and set a $123.00 price target on shares of BJ’s Wholesale Club in a research note on Monday, November 24th. Evercore ISI increased their price objective on BJ’s Wholesale Club from $85.00 to $95.00 and gave the company an “in-line” rating in a report on Monday, November 24th. Finally, Melius Research lowered BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 target price for the company. in a report on Friday. Nine investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $108.67.

BJ’s Wholesale Club Profile

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.