UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $60.03 Million Stock Position in BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• UBS AM has increased its stake in BJ's Wholesale Club Holdings, Inc. by 4.2%, owning approximately $60.03 million in stock as of the latest SEC report.
• Recent analyst ratings for BJ's have varied, with Morgan Stanley and Citi lowering their price targets, while Wells Fargo upgraded its target, leading to an average consensus rating of "Moderate Buy."
• Insider trading activity has seen executives sell significant amounts of stock, with EVP Paul Cichocki selling 58,436 shares for over $6.4 million recently.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 4.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 526,137 shares of the company's stock after acquiring an additional 20,975 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.40% of BJ's Wholesale Club worth $60,032,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. IFP Advisors Inc lifted its stake in shares of BJ's Wholesale Club by 22.0% in the first quarter. IFP Advisors Inc now owns 510 shares of the company's stock worth $58,000 after acquiring an additional 92 shares during the period. Greenleaf Trust lifted its stake in shares of BJ's Wholesale Club by 4.3% in the first quarter. Greenleaf Trust now owns 2,450 shares of the company's stock worth $280,000 after acquiring an additional 101 shares during the period. CreativeOne Wealth LLC lifted its stake in shares of BJ's Wholesale Club by 2.9% in the first quarter. CreativeOne Wealth LLC now owns 3,636 shares of the company's stock worth $415,000 after acquiring an additional 102 shares during the period. Venturi Wealth Management LLC lifted its stake in shares of BJ's Wholesale Club by 3.5% in the first quarter. Venturi Wealth Management LLC now owns 3,087 shares of the company's stock worth $352,000 after acquiring an additional 104 shares during the period. Finally, Crossmark Global Holdings Inc. lifted its stake in shares of BJ's Wholesale Club by 1.1% in the first quarter. Crossmark Global Holdings Inc. now owns 9,604 shares of the company's stock worth $1,096,000 after acquiring an additional 109 shares during the period. 98.60% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently commented on BJ. Morgan Stanley cut their price objective on BJ's Wholesale Club from $125.00 to $115.00 and set an "equal weight" rating on the stock in a research note on Monday, August 25th. Wall Street Zen lowered BJ's Wholesale Club from a "buy" rating to a "hold" rating in a research note on Saturday, August 16th. Citigroup dropped their price target on BJ's Wholesale Club from $120.00 to $115.00 and set a "buy" rating on the stock in a research note on Monday, August 25th. DA Davidson dropped their price target on BJ's Wholesale Club from $140.00 to $123.00 and set a "buy" rating on the stock in a research note on Monday, August 25th. Finally, Wells Fargo & Company reissued an "overweight" rating and issued a $127.00 price target (up from $125.00) on shares of BJ's Wholesale Club in a research note on Friday, May 23rd. Ten analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $113.18.

BJ's Wholesale Club Trading Up 0.4%

Shares of BJ's Wholesale Club stock opened at $98.49 on Monday. The stock has a fifty day simple moving average of $103.24 and a 200 day simple moving average of $109.31. BJ's Wholesale Club Holdings, Inc. has a 12-month low of $79.55 and a 12-month high of $121.10. The company has a market capitalization of $12.98 billion, a P/E ratio of 22.59, a price-to-earnings-growth ratio of 2.62 and a beta of 0.40. The company has a current ratio of 0.79, a quick ratio of 0.17 and a debt-to-equity ratio of 0.19.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its quarterly earnings results on Friday, August 22nd. The company reported $1.14 earnings per share (EPS) for the quarter, topping 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 business had revenue of $5.38 billion during the quarter, compared to the consensus estimate of $5.49 billion. During the same quarter in the prior year, the company posted $1.09 earnings per share. BJ's Wholesale Club's revenue was up 3.2% compared to the same quarter last year. BJ's Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. On average, sell-side analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Insider Buying and Selling at BJ's Wholesale Club

In other BJ's Wholesale Club news, EVP Paul Cichocki sold 58,436 shares of the company'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. This represents a 33.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert W. Eddy sold 17,900 shares of the company's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $107.08, for a total value of $1,916,732.00. Following the completion of the transaction, the chief executive officer owned 368,333 shares of the company's stock, valued at $39,441,097.64. This trade represents a 4.63% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 120,161 shares of company stock valued at $13,023,303 in the last quarter. 1.40% of the stock is currently owned by corporate insiders.

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.

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