Cwm LLC Has $448,000 Stake in BJ’s Wholesale Club Holdings, Inc. $BJ

Cwm LLC lowered its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 79.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 4,806 shares of the company’s stock after selling 18,118 shares during the quarter. Cwm LLC’s holdings in BJ’s Wholesale Club were worth $448,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of BJ’s Wholesale Club by 4.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 526,137 shares of the company’s stock worth $60,032,000 after purchasing an additional 20,975 shares during the period. Intech Investment Management LLC increased its holdings in BJ’s Wholesale Club by 2.5% in the 1st quarter. Intech Investment Management LLC now owns 55,299 shares of the company’s stock valued at $6,310,000 after buying an additional 1,331 shares during the period. Belpointe Asset Management LLC bought a new position in BJ’s Wholesale Club in the 1st quarter valued at about $1,153,000. Strs Ohio acquired a new position in shares of BJ’s Wholesale Club in the 1st quarter valued at approximately $24,569,000. Finally, Voya Investment Management LLC lifted its holdings in shares of BJ’s Wholesale Club by 24.2% during the 1st quarter. Voya Investment Management LLC now owns 29,878 shares of the company’s stock worth $3,409,000 after acquiring an additional 5,815 shares during the period. 98.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity at BJ’s Wholesale Club

In other news, EVP William C. Werner sold 7,000 shares of the firm’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $91.09, for a total transaction of $637,630.00. Following the completion of the transaction, the executive vice president owned 50,498 shares of the company’s stock, valued at approximately $4,599,862.82. This trade represents a 12.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert W. Eddy sold 17,898 shares of the business’s 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 sale, the chief executive officer directly owned 296,735 shares in the company, valued at approximately $26,620,096.85. This represents a 5.69% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.40% of the company’s stock.

BJ’s Wholesale Club Price Performance

BJ’s Wholesale Club stock opened at $90.10 on Friday. The stock has a 50-day moving average price of $91.63 and a two-hundred day moving average price of $97.25. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $86.68 and a 12 month high of $121.10. The company has a market capitalization of $11.79 billion, a PE ratio of 20.76, a P/E/G ratio of 2.48 and a beta of 0.33. 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 (NYSE:BJ) last released its quarterly earnings data on Friday, November 21st. The company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.07. BJ’s Wholesale Club had a return on equity of 28.66% and a net margin of 2.72%.The company had revenue of $5.35 billion during the quarter, compared to the consensus estimate of $5.35 billion. During the same quarter in the prior year, the firm posted $1.18 earnings per share. The firm’s revenue was up 4.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. Analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have commented on BJ shares. Cowen restated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, November 24th. Robert W. Baird decreased their price target on BJ’s Wholesale Club from $130.00 to $115.00 and set an “outperform” rating on the stock in a research note on Monday, November 24th. UBS Group restated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, November 24th. Evercore ISI lifted their target price on BJ’s Wholesale Club from $85.00 to $95.00 and gave the company an “in-line” rating in a research report on Monday, November 24th. Finally, BTIG Research reissued a “buy” rating and set a $120.00 target price on shares of BJ’s Wholesale Club in a research note on Friday, November 21st. Nine analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $109.64.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.

Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.