Universal Beteiligungs und Servicegesellschaft mbH boosted its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 22.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,007 shares of the company’s stock after purchasing an additional 18,288 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.08% of BJ’s Wholesale Club worth $9,326,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently added to or reduced their stakes in the business. Friedenthal Financial acquired a new position in BJ’s Wholesale Club during the second quarter worth $834,000. Massachusetts Financial Services Co. MA grew its stake in shares of BJ’s Wholesale Club by 31.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,791,602 shares of the company’s stock worth $446,817,000 after purchasing an additional 1,152,591 shares during the period. Boston Trust Walden Corp increased its holdings in shares of BJ’s Wholesale Club by 7.3% in the 3rd quarter. Boston Trust Walden Corp now owns 924,785 shares of the company’s stock valued at $86,236,000 after purchasing an additional 62,903 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of BJ’s Wholesale Club in the second quarter valued at about $577,000. Finally, Vaughan Nelson Investment Management L.P. boosted its holdings in BJ’s Wholesale Club by 48.7% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 583,416 shares of the company’s stock worth $54,404,000 after buying an additional 191,200 shares in the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.
Insider Buying and Selling
In other BJ’s Wholesale Club news, EVP William C. Werner sold 7,000 shares of BJ’s Wholesale Club stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $91.09, for a total value of $637,630.00. Following the completion of the sale, the executive vice president directly owned 50,498 shares of the company’s stock, valued at approximately $4,599,862.82. The trade was a 12.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Robert W. Eddy sold 17,898 shares of the stock in a transaction on 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 transaction, the chief executive officer directly owned 296,735 shares in the company, valued at approximately $26,620,096.85. This represents a 5.69% decrease in their position. The SEC filing for this sale provides additional information. 1.40% of the stock is currently owned by company insiders.
BJ’s Wholesale Club Stock Up 1.5%
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last announced its earnings results on Friday, November 21st. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.07. BJ’s Wholesale Club had a net margin of 2.72% and a return on equity of 28.66%. The firm had revenue of $5.35 billion during the quarter, compared to the consensus estimate of $5.35 billion. During the same quarter in the previous year, the company posted $1.18 EPS. The firm’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. As a group, equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
BJ has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BJ’s Wholesale Club in a report on Monday, December 29th. JPMorgan Chase & Co. dropped their price objective on BJ’s Wholesale Club from $110.00 to $90.00 and set a “neutral” rating for the company in a research note on Monday, November 10th. Robert W. Baird reduced their price objective on BJ’s Wholesale Club from $130.00 to $115.00 and set an “outperform” rating for the company in a report on Monday, November 24th. Morgan Stanley lowered their target price on 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. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on BJ’s Wholesale Club in a research report on Thursday, January 8th. They issued a “hold” rating for the company. 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. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $108.67.
About BJ’s Wholesale Club
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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