BJ’s Wholesale Club Holdings, Inc. $BJ Shares Purchased by AlphaQuest LLC

AlphaQuest LLC increased its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 127.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,003 shares of the company’s stock after purchasing an additional 4,489 shares during the period. AlphaQuest LLC’s holdings in BJ’s Wholesale Club were worth $863,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Oliver Lagore Vanvalin Investment Group acquired a new stake in BJ’s Wholesale Club in the 2nd quarter valued at about $26,000. REAP Financial Group LLC raised its holdings in BJ’s Wholesale Club by 152.5% in the 2nd quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock valued at $27,000 after acquiring an additional 151 shares during the last quarter. Atlantic Edge Private Wealth Management LLC acquired a new stake in BJ’s Wholesale Club in the 1st quarter valued at about $33,000. Ameritas Advisory Services LLC acquired a new stake in BJ’s Wholesale Club in the 2nd quarter valued at about $35,000. Finally, HM Payson & Co. acquired a new stake in BJ’s Wholesale Club in the 1st quarter valued at about $41,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on BJ shares. Jefferies Financial Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday, August 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of BJ’s Wholesale Club in a report on Friday. Citigroup dropped their price target on shares of BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating for the company in a research note on Monday, August 25th. Wall Street Zen cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a research note on Saturday, August 16th. Finally, DA Davidson dropped their price target on shares of BJ’s Wholesale Club from $140.00 to $123.00 and set a “buy” rating for the company in a research note on Monday, August 25th. Ten research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $114.65.

Insider Buying and Selling

In related news, EVP Graham Luce sold 6,300 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total transaction of $629,118.00. Following the completion of the transaction, the executive vice president owned 11,617 shares of the company’s stock, valued at approximately $1,160,073.62. This trade represents a 35.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Paul Cichocki sold 58,436 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $110.08, for a total transaction of $6,432,634.88. Following the transaction, the executive vice president directly owned 114,127 shares of the company’s stock, valued at $12,563,100.16. The trade was a 33.86% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.40% of the company’s stock.

BJ’s Wholesale Club Stock Performance

NYSE:BJ opened at $91.66 on Monday. 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 stock has a market capitalization of $12.08 billion, a P/E ratio of 21.02, a PEG ratio of 2.45 and a beta of 0.36. The company has a 50 day moving average price of $95.81 and a 200 day moving average price of $105.75. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $83.92 and a fifty-two week high of $121.10.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Friday, August 22nd. The company reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.04. The firm had revenue of $5.38 billion during the quarter, compared to analysts’ expectations of $5.49 billion. BJ’s Wholesale Club had a net margin of 2.77% and a return on equity of 30.40%. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the company posted $1.09 EPS. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. Equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

BJ’s Wholesale Club Profile

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.