UBS Group AG cut its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 38.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 654,506 shares of the company’s stock after selling 411,198 shares during the period. UBS Group AG’s holdings in BJ’s Wholesale Club were worth $58,925,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its position in shares of BJ’s Wholesale Club by 1.8% in the fourth quarter. GAMMA Investing LLC now owns 6,573 shares of the company’s stock valued at $592,000 after acquiring an additional 119 shares during the last quarter. Wealthcare Advisory Partners LLC increased its position in BJ’s Wholesale Club by 2.6% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 5,170 shares of the company’s stock worth $465,000 after buying an additional 129 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in BJ’s Wholesale Club by 4.1% during the third quarter. Sequoia Financial Advisors LLC now owns 3,483 shares of the company’s stock worth $325,000 after buying an additional 137 shares during the last quarter. Linden Thomas Advisory Services LLC increased its position in BJ’s Wholesale Club by 1.3% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 11,613 shares of the company’s stock worth $1,046,000 after buying an additional 144 shares during the last quarter. Finally, Portside Wealth Group LLC grew its position in shares of BJ’s Wholesale Club by 3.3% in the third quarter. Portside Wealth Group LLC now owns 5,196 shares of the company’s stock valued at $485,000 after purchasing an additional 164 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors.
Insider Transactions at BJ’s Wholesale Club
In related news, CEO Robert W. Eddy sold 8,000 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total value of $728,160.00. Following the completion of the sale, the chief executive officer directly owned 306,330 shares of the company’s stock, valued at $27,882,156.60. The trade was a 2.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 2,050 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total value of $186,939.50. Following the transaction, the senior vice president owned 14,769 shares of the company’s stock, valued at $1,346,785.11. This trade represents a 12.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.40% of the company’s stock.
BJ’s Wholesale Club Stock Down 0.3%
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.03. BJ’s Wholesale Club had a return on equity of 27.55% and a net margin of 2.70%.The firm had revenue of $5.58 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same period last year, the company posted $0.93 EPS. The business’s quarterly revenue was up 5.6% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.52 EPS for the current year.
Analysts Set New Price Targets
Several equities analysts have recently commented on BJ shares. Jefferies Financial Group downgraded BJ’s Wholesale Club from a “buy” rating to a “hold” rating and decreased their target price for the company from $120.00 to $90.00 in a research report on Wednesday, January 28th. JPMorgan Chase & Co. upped their target price on BJ’s Wholesale Club from $90.00 to $94.00 and gave the company a “neutral” rating in a research report on Thursday, February 26th. Wells Fargo & Company upped their target price on BJ’s Wholesale Club from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Melius Research downgraded BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 price target on the stock. in a research report on Friday, January 23rd. Finally, DA Davidson increased their price target on BJ’s Wholesale Club from $110.00 to $114.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Nine analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $107.63.
Get Our Latest Research Report on BJ’s Wholesale Club
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.
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