CreativeOne Wealth LLC Acquires 1,135 Shares of BJ’s Wholesale Club Holdings, Inc. $BJ

CreativeOne Wealth LLC lifted its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 31.2% in the second quarter, according to its most recent filing with the SEC. The firm owned 4,771 shares of the company’s stock after acquiring an additional 1,135 shares during the period. CreativeOne Wealth LLC’s holdings in BJ’s Wholesale Club were worth $514,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in BJ. Oliver Lagore Vanvalin Investment Group bought a new position in BJ’s Wholesale Club during the second quarter worth about $26,000. REAP Financial Group LLC raised its holdings in shares of BJ’s Wholesale Club by 152.5% in 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 bought a new position in shares of BJ’s Wholesale Club during the 2nd quarter worth approximately $35,000. Quarry LP acquired a new stake in BJ’s Wholesale Club in the 1st quarter valued at $48,000. Finally, Bayforest Capital Ltd grew its position in 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 during the period. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Graham Luce sold 6,300 shares of BJ’s Wholesale Club stock in a transaction that occurred 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 sale, the executive vice president owned 11,617 shares in the company, valued at $1,160,073.62. The trade was a 35.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert W. Eddy sold 17,898 shares of the business’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 directly owned 296,735 shares of the company’s stock, valued at approximately $26,620,096.85. This trade represents 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 currently owned by company insiders.

BJ’s Wholesale Club Stock Performance

BJ stock opened at $89.74 on Friday. The company has a 50 day moving average price of $91.94 and a 200 day moving average price of $101.41. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $86.68 and a fifty-two week high of $121.10. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.79 and a quick ratio of 0.16. The stock has a market capitalization of $11.82 billion, a PE ratio of 20.68, a price-to-earnings-growth ratio of 2.45 and a beta of 0.33.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Friday, November 21st. The company reported $1.16 EPS for the quarter, beating the consensus estimate of $1.09 by $0.07. The company had revenue of $5.35 billion during 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 business’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period last year, the firm earned $1.18 EPS. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. Analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on BJ. Robert W. Baird reduced their target price on shares of 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. Jefferies Financial Group reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a research note on Friday, August 22nd. Citigroup dropped their price objective on shares of BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating for the company in a report on Monday, August 25th. JPMorgan Chase & Co. reduced their target price on BJ’s Wholesale Club from $110.00 to $90.00 and set a “neutral” rating on the stock in a report on Monday, November 10th. Finally, Wall Street Zen lowered BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a research report on Saturday, August 16th. Ten equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target 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.