UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Increases Holdings 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 lifted its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 4.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 526,137 shares of the company's stock after purchasing 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 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of BJ. Captrust Financial Advisors raised its stake in shares of BJ's Wholesale Club by 1.9% in the fourth quarter. Captrust Financial Advisors now owns 7,044 shares of the company's stock worth $629,000 after purchasing an additional 131 shares during the last quarter. Nomura Holdings Inc. purchased a new position in BJ's Wholesale Club during the fourth quarter valued at approximately $1,572,000. Quantinno Capital Management LP raised its position in BJ's Wholesale Club by 23.6% during the fourth quarter. Quantinno Capital Management LP now owns 29,550 shares of the company's stock valued at $2,640,000 after acquiring an additional 5,650 shares in the last quarter. ProShare Advisors LLC raised its position in BJ's Wholesale Club by 7.2% during the fourth quarter. ProShare Advisors LLC now owns 6,204 shares of the company's stock valued at $554,000 after acquiring an additional 419 shares in the last quarter. Finally, State of Wyoming purchased a new position in BJ's Wholesale Club during the fourth quarter valued at approximately $69,000. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at BJ's Wholesale Club

In other news, CEO Robert W. Eddy sold 17,900 shares of BJ's Wholesale Club stock in a transaction that occurred 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 sale, the chief executive officer directly owned 368,333 shares of the company's stock, valued at $39,441,097.64. The trade was a 4.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Paul Cichocki sold 58,436 shares of BJ's Wholesale Club stock in a transaction that occurred 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 sale, the executive vice president directly owned 114,127 shares in the company, valued at $12,563,100.16. This represents a 33.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 126,461 shares of company stock valued at $13,652,421 over the last ninety days. Insiders own 1.40% of the company's stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Loop Capital reiterated a "hold" rating and set a $120.00 price target (up from $110.00) on shares of BJ's Wholesale Club in a research report on Friday, May 23rd. Gordon Haskett cut BJ's Wholesale Club from a "buy" rating to a "hold" rating and set a $105.00 price target for the company. in a research report on Friday, August 15th. Roth Capital reiterated a "neutral" rating and set a $106.00 price target (up from $101.00) on shares of BJ's Wholesale Club in a research report on Wednesday, May 28th. JPMorgan Chase & Co. reduced their price target on BJ's Wholesale Club from $113.00 to $110.00 and set a "neutral" rating for the company in a research report on Monday, August 25th. Finally, DA Davidson reduced their price target on BJ's Wholesale Club from $140.00 to $123.00 and set a "buy" rating for the company in a research report on Monday, August 25th. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $113.18.

BJ's Wholesale Club Price Performance

BJ traded down $1.77 during trading on Friday, hitting $96.04. The company's stock had a trading volume of 4,318,473 shares, compared to its average volume of 2,409,894. 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 Holdings, Inc. has a twelve month low of $80.43 and a twelve month high of $121.10. The business's fifty day simple moving average is $102.31 and its 200 day simple moving average is $109.11. The firm has a market capitalization of $12.65 billion, a price-to-earnings ratio of 22.03, a P/E/G ratio of 2.61 and a beta of 0.40.

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