BJ’s Wholesale Club Holdings, Inc. $BJ Shares Acquired by REAP Financial Group LLC

REAP Financial Group LLC grew its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 152.5% during the second quarter, HoldingsChannel reports. The firm owned 250 shares of the company’s stock after purchasing an additional 151 shares during the quarter. REAP Financial Group LLC’s holdings in BJ’s Wholesale Club were worth $27,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of BJ’s Wholesale Club in the second quarter valued at approximately $26,000. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of BJ’s Wholesale Club in the first quarter valued at approximately $33,000. Ameritas Advisory Services LLC acquired a new position in BJ’s Wholesale Club during the second quarter worth $35,000. HM Payson & Co. acquired a new position in BJ’s Wholesale Club during the first quarter worth $41,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new position in BJ’s Wholesale Club during the first quarter worth $43,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Down 0.9%

BJ opened at $89.15 on Thursday. The business’s fifty day moving average is $99.13 and its two-hundred day moving average is $107.54. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.17 and a current ratio of 0.79. The company has a market cap of $11.75 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 2.40 and a beta of 0.36. BJ’s Wholesale Club Holdings, Inc. has a one year low of $83.92 and a one year 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, 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 the consensus estimate of $5.49 billion. During the same period in the previous year, the business earned $1.09 earnings per share. BJ’s Wholesale Club’s quarterly 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. Analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Insider Buying and Selling at BJ’s Wholesale Club

In other 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 sale, the executive vice president directly owned 11,617 shares in the company, valued at $1,160,073.62. This represents a 35.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul Cichocki sold 58,436 shares of the company’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $110.08, for a total value of $6,432,634.88. Following the completion of the sale, the executive vice president owned 114,127 shares in the company, valued at $12,563,100.16. This represents a 33.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 108,561 shares of company stock worth $11,735,689 over the last 90 days. Company insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on BJ. JPMorgan Chase & Co. dropped their price objective on BJ’s Wholesale Club from $113.00 to $110.00 and set a “neutral” rating on the stock in a report on Monday, August 25th. Wall Street Zen lowered BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a report on Saturday, August 16th. UBS Group dropped their price objective on BJ’s Wholesale Club from $135.00 to $125.00 and set a “buy” rating on the stock in a report on Monday, August 25th. Citigroup dropped their price objective on BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating on the stock in a report on Monday, August 25th. Finally, Morgan Stanley dropped 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 report on Monday, August 25th. Nine investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $114.31.

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.