Economy

Bed Bath & Beyond misses Street 2Q forecasts

Bed Bath & Beyond misses Street 2Q forecasts”

Principal Finance Grp Inc Inc has 240,391 shares for 0.01% of their portfolio. About 3.75 million shares traded. It has underperformed by 28.36% the S&P500. As of the latest earnings report the EPS was $4.35 and is expected to be $4.01 for the current year with 140,696,000 shares presently outstanding. (The) reaffirmed a sell rating and issued a $38.00 price objective on shares of Bed Bath & Beyond in a report on Monday, June 19th. The Bank Of Montreal holds 136,863 shares with $6.13M value, down from 160,080 last quarter.

The biggest institutional shareholders in Bed Bath & Beyond Inc. include Fidelity Management and Research Company which owns 15 million shares in the company valued at $448.54 million. The retailer reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.66 by ($0.08).

While trading at volume below than average, Genworth Financial, Inc. Bed Bath & Beyond has $85 highest and $2700 lowest target. (NASDAQ BBBY) opened at 27.20 on Tuesday. It has underperformed by 33.04% the S&P500.

Gfs Advisors Llc decreased Ishares Tr (IGE) stake by 10,889 shares to 22,042 valued at $792,000 in 2016Q4. It also reduced Netflix (NASDAQ:NFLX) stake by 138,076 shares and now owns 18,824 shares. Spdr S&P (SPY) was reduced too.

Investors sentiment increased to 1.18 in 2016 Q4. TGLS's profit will be $2.68 million for 21.56 P/E if the $0.08 EPS becomes a reality. 171.43 million shares or 9.07% more from 157.17 million shares in 2016Q3 were reported. Cubist Systematic Strategies Lc invested in 15,318 shares. 11 are owned by Edge Wealth Mgmt Llc. The Texas-based Sather Financial Group Inc has invested 2.42% in the stock. Retirement Of Alabama owns 269,478 shares for 0.03% of their portfolio. Avalon reported 0.04% stake. (NASDAQ:BBBY). Cutter Company Brokerage has invested 0.1% in Bed Bath & Beyond Inc. Corp (NYSE:FNB) for 2.25 million shares. Botty Llc accumulated 27,730 shares. (NASDAQ:BBBY). Guggenheim Capital Ltd Co has invested 0.1% in Bed Bath & Beyond Inc.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $46,351 activity.

Among 28 analysts covering Bed Bath & Beyond (NASDAQ:BBBY), 2 have Buy rating, 7 Sell and 19 Hold. Bed Bath & Beyond had 57 analyst reports since September 21, 2015 according to SRatingsIntel. The ex-dividend date of this dividend is Thursday, September 14th. The stock of F.N.B. The stock has "Buy" rating by Roth Capital on Thursday, August 25. The firm has "Market Perform" rating given on Thursday, December 22 by Telsey Advisory. Nine research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have assigned a buy rating to the company's stock. Zacks Investment Research upgraded shares of Bed Bath & Beyond from a "hold" rating to a "buy" rating and set a $31.00 price target on the stock in a report on Tuesday, September 5th. Therefore 55% are positive. Royal Bank Of Scotland Gru Public Limited Company has 2.38% invested in Bed Bath & Beyond Inc. JP Morgan maintained it with "Neutral" rating and $47 target in Thursday, June 23 report. The stock has "Hold" rating by Cantor Fitzgerald on Friday, November 20. The company was maintained on Friday, January 8 by Robert W. Baird. The original version of this article can be accessed at https://stocknewstimes.com/2017/09/19/bed-bath-beyond-inc-bbby-position-lessened-by-schroder-investment-management-group.html. The stock has "Sector Perform" rating by Oppenheimer on Friday, February 12. Perritt Capital Management Inc, a Illinois-based fund reported 72,450 shares. (NASDAQ:BBBY) for 74,191 shares. Us Bancorp Del (NYSE:USB) was raised too. This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. TEMARES STEVEN H also sold $3.59M worth of Bed Bath & Beyond Inc.



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