Bed Bath & Beyond Inc (NASDAQ:BBBY) Stock Price Up as Sentiment Improves, now at 1.06

June 27, 2018 - By Ira Colvard

Bed Bath & Beyond Inc. (NASDAQ:BBBY) Corporate Logo

Positions for Bed Bath & Beyond Inc (NASDAQ:BBBY)

“Big money sentiment for Bed Bath & Beyond Inc (NASDAQ:BBBY) in Q1 2018 increased to 1.06, according to SEC filings. That’s up 0.32, from 2017Q4’s 0.74. 133 investment managers increased and started new stock positions, while 126 cut down and sold stock positions in Bed Bath & Beyond Inc so the sentiment improved. These funds own 124.91 million shares, that’s down from 125.01 million shares in 2017Q4. Funds holding Bed Bath & Beyond Inc in top 10 decreased from 4 to 3 for a decrease of 1. 26 Investors Sold All; 100 Reduced Holdings; 89 increased holdings while 44 investment managers bought holdings.

Biggest Bed Bath & Beyond Inc Shareholders

Contrarius Investment Management Ltd owns 6.34 million shares in Bed Bath & Beyond Inc as of Q1 2018. Bed Bath & Beyond Inc’s shareholder Valueworks Llc owns 284,979 shares as of Q1 2018. Also, Moon Capital Management Lp reported 370,111 shares in Bed Bath & Beyond Inc equivalent to 3.75% of its US long equity exposure. Towle & Co revealed 1.34 million shares position in Bed Bath & Beyond Inc. The California-based fund Wilsey Asset Management Inc holds 230,587 shares or 2.64% of their US long equity exposure.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores.The firm is valued at $2.81 billion. 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.6.6 is the 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.

BBBY touched $20.055 during the last trading session after $0.015 change.Bed Bath & Beyond Inc. has volume of 2.72 million shares. Since June 27, 2017 BBBY has declined 48.23% and is downtrending. The stock underperformed the S&P500 by 60.80%.

Vermont-based Manchester Mgmt Ltd Company has invested 0% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Nuveen Asset Mngmt Ltd Liability Com has 0% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Lmr Partners Limited Liability Partnership reported 130,212 shs stake. Salient Trust Lta accumulated 12,550 shs. State Teachers Retirement Systems accumulated 0.01% or 223,264 shs. Point72 Asset Management Lp stated it has 201,584 shs. Schroder Investment Management holds 0.05% or 1.47M shs. Aqr Cap Management Lc holds 0.01% or 290,414 shs in its capital. Voya Inv Mngmt Limited Liability accumulated 36,248 shs. Regions Corporation holds 0% of its capital in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 43 shs. Fifth Third State Bank, a Ohio-based fund reported 18 shs. Citigroup invested in 0% or 135,946 shs. 7.43M were reported by Dimensional Fund Advsrs L P. Brandywine Global Investment Management Ltd Limited Liability Company owns 3.32M shs. Gsa Capital Prns Llp stated it has 11,357 shs or 0.01% of all its holdings.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) Ratings Coverage

A total of 15 analysts rate Bed Bath & Beyond (NASDAQ:BBBY) as follows: 0 “Buy”, 7 “Hold” and 8 “Sell”. Тherefore 0 are bullish. The firm has $25.0 highest and $16 lowest target. The avg target $18.42 is -8.15% below the last ($20.055) price. (NASDAQ:BBBY) has 16 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Thursday, April 12 KeyBanc Capital Markets maintained the shares of BBBY in report with “Underweight” rating. In Thursday, April 12 report Citigroup maintained the stock with “Sell” rating. On Thursday, April 5 the firm has “Hold” rating given by Loop Capital Markets. On Thursday, April 12 the firm has “Neutral” rating by Credit Suisse given. On Tuesday, April 10 the firm has “Hold” rating by Deutsche Bank given. On Friday, January 26 the rating was downgraded by J.P. Morgan to “Sell”. In Sunday, February 11 report Robert W. Baird maintained the stock with “Hold” rating. On Wednesday, April 11 Jefferies maintained the shares of BBBY in report with “Hold” rating. On Thursday, April 12 Raymond James downgraded Bed Bath & Beyond Inc. (NASDAQ:BBBY) to “Sell” rating. On Friday, January 26 the stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) has “Underweight” rating given by JP Morgan.

A couple more Bed Bath & Beyond Inc. (NASDAQ:BBBY) news were published by: Benzinga.com which released on June 27, 2018 “Earnings Scheduled For June 27, 2018”, also Seekingalpha.com on June 23, 2018 published “Stocks To Watch: More Trade Tiffs And Stress Tests”, the next Seekingalpha.com is “Game Plan For The Week – Cramer’s Mad Money (6/22/18)” on June 25, 2018. Seekingalpha.com has article titled “BBBY: A Blood Bath & Beyond Event Trade”.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) Institutional Investors Chart

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