Economy

Bed Bath & Beyond Inc. (BBBY) Receives $43.50 Consensus Price Target from Analysts

Bed Bath & Beyond Inc. (BBBY) Receives $43.50 Consensus Price Target from Analysts”

Amalgamated Bank upgraded its holdings in stocks of Bed Bath & Beyond by 0.3% through out the 1st period. About 4.36 million shares traded.

Recent insider trends for Bed Bath & Beyond Inc. Toronto Dominion Bank now owns 52,735 shares of the retailer's stock valued at $1,603,000 after purchasing an additional 8,653 shares in the last quarter. Equities research analysts predict that Bed Bath & Beyond will post $4.52 earnings per share for the current fiscal year. (BBBY) belonging to the Consumer Cyclical sector has surged 4.88% and closed its last trading session at $29.01. The stock had a trading volume of 1,844,659 shares. Oppenheimer Holdings, reissued a "hold" recommendation on stocks of Bed Bath & Beyond in a study note on Saturday, Jun 24th. (NASDAQ:BBBY) has declined 16.34% since September 14, 2016 and is downtrending. It has underperformed by 33.04% the S&P500.

The High Revenue estimate is predicted as 3.05 Million, while the Low Revenue Estimate prediction stands at 2.97 Million. Therefore 7% are positive. Nicholas Hoffman & Company. has an ownership of 7,930 stocks of the retailer's shares valued at $313,000 following purchasing an extra 28 shares through out the quarter. The stock has a market cap of $4.15 billion, a P/E ratio of 6.79 and a beta of 1.11. The firm earned "Market Perform" rating on Friday, September 25 by Telsey Advisory Group. The stock has "Sell" rating by Topeka Capital Markets on Tuesday, May 24. As per Friday, May 12, the company rating was upgraded by Loop Capital.

A stock with a ratio of under 1.0 would be undervalued and a stock with a PEG over 1.0 would be considered over valued. The company was downgraded on Wednesday, January 27 by Citigroup. The stock has "Buy" rating by Standpoint Research on Friday, January 15. The firm has "Neutral" rating by SunTrust given on Wednesday, December 23.

Investors sentiment decreased to 1.16 in Q4 2016. Its up 0.03, from 0.74 in 2016Q3. 81 funds opened positions while 371 raised stakes. Bank of America maintained the shares of BBBY in report on Friday, June 23 with "Sell" rating. Denali Advsr Ltd Liability Co reported 1.23% stake. There has been an observed change of -14.16% in the ownership of the shares in the past six months. Federated Pa holds 426,270 shares. (NASDAQ:BBBY). Banque Pictet Cie Sa holds 68,635 shares or 0.07% of its portfolio. Exchange Capital Mngmt has 0.52% invested in Southern Co (NYSE:SO) for 27,598 shares. Advantus Cap Mgmt Inc holds 0.02% in Bed Bath & Beyond Inc. The correct version of this report can be viewed at https://www.truebluetribune.com/2017/09/14/bed-bath-beyond-inc-bbby-lifted-to-buy-at-zacks-investment-research.html. Putnam Invests Ltd owns 212,138 shares. Schwab Charles Management reported 805,775 shares. The stock carved out a 52-week low down at $26.96. Cim Investment Mangement reported 12,529 shares stake.

Numeric Investors Llc decreased Ryman Hospitality Pptys Inc (RHP) stake by 75.13% reported in 2016Q4 SEC filing. About shares traded. Bed Bath & Beyond Inc. (NASDAQ:BBBY) now stands at 60.45. Investors of record on Friday, March 17th will be given a $0.125 dividend. Its down 0.13, from 0.88 in 2016Q3. It dived, as 59 investors sold BBBY shares while 178 reduced holdings. Caisse De Depot Et Placement Du Quebec holds 0.01% or 84,600 shares. (NASDAQ:BBBY). New York State Teachers Retirement Systems owns 246,693 shares for 0.03% of their portfolio. (NASDAQ:BBBY) for 547,274 shares. Below is a list of Bed Bath & Beyond Inc. (NASDAQ:BBBY). Texas Permanent School Fund stated it has 0.02% in Bed Bath & Beyond Inc. More interesting news about Bed Bath & Beyond Inc. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. 99 were accumulated by Wealthtrust. 18,026 are held by Capstone Asset Management. Lsv Asset invested in 709,195 shares. Bed Bath & Beyond Inc.'s current price of $29.01 translates into 0.52% yield.

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