Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. Sep 19, 2017 is the announcement.
Moffett Nathanson started coverage on shares of Bed Bath & Beyond (NASDAQ:BBBY) in a research report report published on Monday, December 4th, Marketbeat reports. It has underperformed by 22.30% the S&P500.
The stock decreased 0.67% or $0.05 during the last trading session, reaching $7.44. About 2.47M shares traded.
Investors sentiment decreased to 0.75 in 2017 Q2. Its down 0.13, from 0.88 in 2017Q1. The company's revenue was down 1.7% on a year-over-year basis. sell-side analysts expect that Bed Bath & Beyond will post 2.98 earnings per share for the current fiscal year. ARGI Investment Services LLC raised its stake in shares of Bed Bath & Beyond by 1.1% in the first quarter. The retailer reported $1.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.77 by $0.07. Benjamin F Edwards And Incorporated has invested 0% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). 75,500 are held by Quinn Opportunity Prtn Limited Liability Company. State Street Corporation has invested 0.02% in Bed Bath & Beyond Inc. "(NASDAQ:BBBY) Shares Sold by Lafayette Investments Inc." was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. Petrus Lta has invested 1.5% of its portfolio in Bed Bath & Beyond Inc. Gam Ag reported 362,625 shares or 0.16% of all its holdings. Citigroup Inc owns 221,681 shares or 0.01% of their U.S. portfolio. Trust Department Mb Natl Bank N A holds 0% or 302 shares in its portfolio. (NASDAQ:BBBY). Meiji Yasuda Life Ins Comm holds 0.04% in Bed Bath & Beyond Inc. (NASDAQ:BBBY) shares ended at $23.26 with 4.08 mln shares exchanging hands. Jpmorgan Chase And, a New York-based fund reported 7.28 million shares. But in several cases high influential ownership could give a false signal to value investors, and can't be reconciled with the original intent of the strategy. Andra Ap holds 0.06% or 85,200 shares in its portfolio. Of the analysts who provided ratings, 10 rated the company a Hold, 2 rated it a Strong Sell, 1 rated it a Moderate Sell, . Therefore 33% are positive. However, the stock is trading at -36.88% versus recent highs ($40.66).
The stock's current distance from 20-Day Simple Moving Average (SMA20) is 6.61% where SMA50 and SMA200 are 8.39% and -23.46% respectively. Bed Bath & Beyond had 67 analyst reports since September 21, 2015 according to SRatingsIntel. Robert W. Baird maintained it with "Hold" rating and $23.0 target in Tuesday, October 31 report. The count of Hold ratings in that period was 16. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 274,194 shares. The stock has "Underweight" rating by KeyBanc Capital Markets on Wednesday, November 15. Ontario Teachers Pension Plan Board increased its stake in Bed Bath & Beyond by 13.7% in the third quarter. BBBY is down around 18.01% from its 12-month high of $19.07 notched on Nov 07, 2017 but is -178.89% above its highest point the past 12 months of $64.87 a share. Bank of America maintained it with "Underperform" rating and $22 target in Wednesday, September 20 report. The firm has "Buy" rating given on Monday, September 21 by SunTrust. The company was upgraded on Friday, September 25 by Telsey Advisory Group. The rating was maintained by Jefferies with "Hold" on Thursday, August 31. Johnson Financial Gru owns 0% invested in Bed Bath & Beyond Inc. The company's Market capitalization is $3.45B with the total Outstanding Shares of 146.54M. It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and juvenile products. It has a 13.56 P/E ratio. It also provides various textile products, amenities, and other goods to institutional clients in the hospitality, cruise line, healthcare, and other industries. Manchester Management Ltd Liability owns 1,301 shares. (NASDAQ:BBBY). Aviva Public Ltd Company invested 0.02% of its portfolio in Bed Bath & Beyond Inc. The Wisconsin-based Convergence Investment Prns Llc has invested 0.33% in ConocoPhillips (NYSE:COP).
Federated Investors Inc Pa reported 121,333 shares stake.
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