98,719 Shares in BJ’s Wholesale Club Holdings, Inc. $BJ Acquired by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC purchased a new stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 98,719 shares of the company’s stock, valued at approximately $10,645,000. Los Angeles Capital Management LLC owned 0.07% of BJ’s Wholesale Club as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of BJ. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of BJ’s Wholesale Club during the 2nd quarter valued at $26,000. REAP Financial Group LLC boosted its stake in BJ’s Wholesale Club by 152.5% during the second quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock worth $27,000 after acquiring an additional 151 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in BJ’s Wholesale Club in the second quarter worth $35,000. Quarry LP bought a new stake in BJ’s Wholesale Club in the first quarter valued at $48,000. Finally, Bayforest Capital Ltd increased its stake in BJ’s Wholesale Club by 362.7% in the second quarter. Bayforest Capital Ltd now owns 472 shares of the company’s stock valued at $51,000 after purchasing an additional 370 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors.

BJ’s Wholesale Club Stock Performance

Shares of BJ opened at $91.48 on Monday. The firm has a market capitalization of $12.05 billion, a P/E ratio of 20.98, a P/E/G ratio of 2.44 and a beta of 0.33. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $83.92 and a 52 week high of $121.10. The stock has a 50 day moving average price of $93.85 and a two-hundred day moving average price of $103.83. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.17 and a current ratio of 0.79.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Friday, August 22nd. The company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $5.49 billion. During the same quarter in the previous year, the firm earned $1.09 earnings per share. BJ’s Wholesale Club’s quarterly revenue was up 3.2% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. Equities analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on BJ shares. Citigroup reduced their target price on 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 BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a research note on Saturday, August 16th. JPMorgan Chase & Co. lowered their target price on BJ’s Wholesale Club from $113.00 to $110.00 and set a “neutral” rating on the stock in a research report on Monday, August 25th. Gordon Haskett cut BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 target price on the stock. in a report on Friday, August 15th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 22nd. Ten equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $114.65.

Insider Buying and Selling at BJ’s Wholesale Club

In other news, CEO Robert W. Eddy sold 17,898 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $89.71, for a total value of $1,605,629.58. Following the completion of the sale, the chief executive officer owned 296,735 shares in the company, valued at $26,620,096.85. This represents a 5.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Graham Luce sold 6,300 shares of the business’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $99.86, for a total transaction of $629,118.00. Following the transaction, the executive vice president owned 11,617 shares in the company, valued at approximately $1,160,073.62. This trade represents a 35.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.40% of the company’s stock.

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.