Quadrant Capital Group LLC Purchases 4,285 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

Quadrant Capital Group LLC raised its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 64.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,891 shares of the company’s stock after purchasing an additional 4,285 shares during the quarter. Quadrant Capital Group LLC’s holdings in BJ’s Wholesale Club were worth $1,174,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of BJ’s Wholesale Club in the second quarter worth $26,000. REAP Financial Group LLC lifted its stake in shares of BJ’s Wholesale Club by 152.5% during the 2nd quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock valued at $27,000 after buying an additional 151 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in BJ’s Wholesale Club in the 2nd quarter worth $35,000. Quarry LP purchased a new stake in BJ’s Wholesale Club in the 1st quarter worth $48,000. Finally, Bayforest Capital Ltd increased its stake in BJ’s Wholesale Club by 362.7% in the 2nd quarter. Bayforest Capital Ltd now owns 472 shares of the company’s stock worth $51,000 after buying an additional 370 shares in the last quarter. 98.60% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, EVP Graham Luce sold 6,300 shares of the stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total transaction of $629,118.00. Following the completion of the transaction, the executive vice president owned 11,617 shares in the company, valued at $1,160,073.62. This trade represents a 35.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert W. Eddy sold 17,898 shares of BJ’s Wholesale Club stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 296,735 shares of the company’s stock, valued at $26,620,096.85. The trade was a 5.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.40% of the stock is owned by corporate insiders.

BJ’s Wholesale Club Price Performance

Shares of BJ’s Wholesale Club stock opened at $89.74 on Friday. The firm has a market cap of $11.82 billion, a PE ratio of 20.68, a PEG ratio of 2.45 and a beta of 0.33. The stock has a 50 day moving average of $91.94 and a 200 day moving average of $101.41. The company has a current ratio of 0.79, a quick ratio of 0.16 and a debt-to-equity ratio of 0.18. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $86.68 and a 12 month high of $121.10.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Friday, November 21st. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.07. The business had revenue of $5.35 billion for the quarter, compared to analysts’ expectations of $5.35 billion. BJ’s Wholesale Club had a return on equity of 28.66% and a net margin of 2.72%.The company’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.18 EPS. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. On average, research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. DA Davidson restated a “buy” rating and issued a $123.00 price objective on shares of BJ’s Wholesale Club in a research report on Monday, November 24th. Cowen reissued a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday, November 24th. Gordon Haskett cut BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 price target on the stock. in a report on Friday, August 15th. Citigroup dropped their price target on BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating for the company in a research note on Monday, August 25th. Finally, UBS Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, November 24th. Ten research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $111.67.

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.