BJ’s Wholesale Club Holdings, Inc. $BJ Shares Sold by Inspire Advisors LLC

Inspire Advisors LLC trimmed its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 23.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,742 shares of the company’s stock after selling 2,088 shares during the period. Inspire Advisors LLC’s holdings in BJ’s Wholesale Club were worth $727,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also 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 worth about $26,000. REAP Financial Group LLC increased its stake in BJ’s Wholesale Club by 152.5% during the 2nd quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock worth $27,000 after buying an additional 151 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in BJ’s Wholesale Club during the 2nd quarter worth approximately $35,000. Quarry LP acquired a new position in shares of BJ’s Wholesale Club during the first quarter valued at approximately $48,000. Finally, Bayforest Capital Ltd lifted its position in shares of 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 acquiring an additional 370 shares in the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Insider Activity

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

BJ’s Wholesale Club Stock Down 1.7%

Shares of BJ opened at $91.07 on Wednesday. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $83.92 and a 52-week 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 stock has a fifty day simple moving average of $93.21 and a two-hundred day simple moving average of $102.73. The company has a market capitalization of $12.00 billion, a PE ratio of 20.89, a price-to-earnings-growth ratio of 2.47 and a beta of 0.33.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Friday, August 22nd. The company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.04. BJ’s Wholesale Club had a net margin of 2.77% and a return on equity of 30.40%. The firm 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 company posted $1.09 EPS. The company’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. As a group, equities analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Wall Street Analysts Forecast Growth

BJ has been the topic of a number of research analyst reports. Citigroup lowered 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. BTIG Research assumed coverage on shares of BJ’s Wholesale Club in a research note on Tuesday, October 14th. They set a “buy” rating and a $120.00 target price on the stock. Wells Fargo & Company reduced their target price on shares of BJ’s Wholesale Club from $120.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday, November 12th. Evercore ISI decreased their price target on shares of BJ’s Wholesale Club from $100.00 to $85.00 and set an “in-line” rating on the stock in a research note on Monday. Finally, JPMorgan Chase & Co. dropped their price objective on shares of 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. Ten investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, BJ’s Wholesale Club currently has a consensus rating of “Moderate Buy” and a consensus price target of $111.00.

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.