Quantbot Technologies LP Has $815,000 Holdings in BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• Quantbot Technologies LP reduced its stake in BJ's Wholesale Club by 47.8%, selling 6,550 shares and bringing its total holdings to 7,140 shares worth approximately $815,000.
• Analysts have mixed ratings for BJ's Wholesale Club, with price targets ranging from $117.00 to $135.00, and a consensus rating of "Moderate Buy."
• CEO Robert W. Eddy sold 17,900 shares of BJ's stock for approximately $1.9 million, decreasing his ownership by 4.63%, while a company director purchased 1,740 shares, increasing their ownership by 25.21%.

Quantbot Technologies LP lessened its stake in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 47.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,140 shares of the company's stock after selling 6,550 shares during the quarter. Quantbot Technologies LP's holdings in BJ's Wholesale Club were worth $815,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of BJ's Wholesale Club in the 1st quarter valued at approximately $33,000. HM Payson & Co. acquired a new stake in BJ's Wholesale Club during the 1st quarter valued at $41,000. Bartlett & CO. Wealth Management LLC acquired a new stake in BJ's Wholesale Club during the 1st quarter valued at $43,000. Wayfinding Financial LLC acquired a new stake in BJ's Wholesale Club during the 1st quarter valued at $51,000. Finally, IFP Advisors Inc lifted its holdings in BJ's Wholesale Club by 22.0% during the 1st quarter. IFP Advisors Inc now owns 510 shares of the company's stock valued at $58,000 after purchasing an additional 92 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company's stock.

BJ's Wholesale Club Stock Performance

Shares of BJ traded up $1.01 during midday trading on Friday, reaching $97.80. 2,087,590 shares of the stock were exchanged, compared to its average volume of 2,718,968. BJ's Wholesale Club Holdings, Inc. has a twelve month low of $76.33 and a twelve month high of $121.10. The company has a quick ratio of 0.17, a current ratio of 0.79 and a debt-to-equity ratio of 0.19. The company has a market cap of $12.91 billion, a P/E ratio of 22.43, a PEG ratio of 2.60 and a beta of 0.43. The stock's 50 day simple moving average is $105.94 and its 200 day simple moving average is $109.70.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its earnings results 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. 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 during the quarter, compared to the consensus estimate of $5.49 billion. During the same quarter last year, the firm earned $1.09 earnings per share. The company's 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. On average, sell-side analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Robert W. Eddy sold 17,900 shares of the firm's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $107.08, for a total value of $1,916,732.00. Following the transaction, the chief executive officer owned 368,333 shares in the company, valued at approximately $39,441,097.64. This trade represents a 4.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Paul Cichocki sold 58,436 shares of the firm's stock in a transaction on Friday, August 1st. The stock was sold at an average price of $110.08, for a total value of $6,432,634.88. Following the completion of the transaction, the executive vice president owned 114,127 shares in the company, 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. Insiders sold 138,061 shares of company stock worth $15,027,745 in the last 90 days. 1.40% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. cut their price target on BJ's Wholesale Club from $113.00 to $110.00 and set a "neutral" rating for the company in a report on Monday, August 25th. Robert W. Baird raised their price target on BJ's Wholesale Club from $125.00 to $130.00 and gave the company an "outperform" rating in a report on Friday, May 23rd. Citigroup cut their price target on BJ's Wholesale Club from $120.00 to $115.00 and set a "buy" rating for the company in a report on Monday, August 25th. Wall Street Zen downgraded BJ's Wholesale Club from a "buy" rating to a "hold" rating in a report on Saturday, August 16th. Finally, DA Davidson cut their price target on BJ's Wholesale Club from $140.00 to $123.00 and set a "buy" rating for the company in a report on Monday, August 25th. Ten analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $113.18.

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.