Bed Bath & Beyond (BBBY) PT Lowered to $16.00 at JPMorgan Chase

Marco Green
April 17, 2018

The third largest holder is Vanguard Group Inc, which now holds $195.24 million worth of this stock and that ownership represents almost 7.69% of its market capitalization. The institutional investor held 182,328 shares of the home furnishings company at the end of 2017Q4, valued at $4.01 million, up from 126,447 at the end of the previous reported quarter. The key goal of using Perf Month indicator is to evaluate the actual value of shares existing in the stock market. About 7.00 million shares traded or 17.75% up from the average. It has underperformed by 15.27% the S&P500.

Delta Asset Management Llc decreased Bed Bath & Beyond Inc (BBBY) stake by 50.42% reported in 2017Q4 SEC filing. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 12,680,038 shares of the stock are valued at $218.22 million. Hedge funds and other institutional investors own 91.37% of the company's stock.

Recent Moving averages Indicator Signals for Bed Bath & Beyond Inc. The shares were last seen trading 0.41% higher, taking the closing price at $17.28 on 04/13/2018. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 2.52.

Bed Bath & Beyond Inc, together with its subsidiaries, operates a chain of retail stores. (NASDAQ:BBBY) has declined 47.16% since April 14, 2017 and is downtrending. BBBY underperformed by 58.71% the S&P 500. Its down 0.02, from 0.85 in 2017Q3. It is negative, as 71 investors sold BBBY shares while 105 reduced holdings. 09, 2017. The company's shares were given away at $37.37 per share worth to an income of some $3,591,593 on account of Temares Steven H. Marathon Trading Inv Mngmt holds 0.04% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 23,170 shares. Horizon Kinetics invested in 0.01% or 1,181 shares.

According to Zacks, "Bed Bath & Beyond lagged the industry in the past three months owing to a soft comps and margins trend in recent quarters". (NASDAQ:TSLA) to report earnings on May, 2. National Pension Serv owns 119,223 shares or 0.19% of their USA portfolio. Bed Bath & Beyond had 75 analyst reports since September 21, 2015 according to SRatingsIntel. (NASDAQ:BBBY) earned "Hold" rating by Robert W. Baird. Zebra Capital Management holds 0.46% or 62,133 shs. Oregon Pub Employees Retirement Fund owns 142,067 shares or 0.05% of their United States portfolio.

The Bed Bath & Beyond Inc. exchanged hands with 10051388 shares compared to its average daily volume of 3.98M shares.

Bed Bath & Beyond (NASDAQ:BBBY) last issued its quarterly earnings data on Wednesday, April 11th. (NASDAQ:TSLA). Guggenheim Ltd Liability Company accumulated 0.03% or 44,277 shares. Stifel Fincl Corporation reported 9,961 shs. Finally, Morgan Stanley set a $22.00 target price on Bed Bath & Beyond and gave the company a "sell" rating in a research note on Thursday, December 21st. Therefore 6% are positive. The rating was maintained by UBS with "Neutral" on Wednesday, June 15. Brokerage firms on the street have price targets on the name ranging from $16 to $40 based on 17 opinions. Credit Suisse maintained the stock with "Hold" rating in Wednesday, September 20 report. Creative Planning reported 0% of its capital in Bed Bath & Beyond Inc. Suntrust Robinson has "Neutral" rating and $55 target. The stock now has an average rating of "Hold" and an average price target of $23.00. Aviva Public Ltd Com has 0.01% invested in Bed Bath & Beyond Inc. This rating change for BBBY came up on April 12th, 2018. The company was maintained on Friday, January 8 by Telsey Advisory Group. The ex-dividend date is Thursday, June 14th.

Bed Bath & Beyond (BBBY) now has a 1 month MA of 20.95. (NASDAQ:BBBY) earned "Hold" rating by Deutsche Bank. The rating was maintained by Robert W. Baird on Sunday, February 11 with "Hold".

Investors sentiment increased to 1.02 in Q4 2017. Its down 0.07, from 0.81 in 2017Q3. Shares for $2.81M were sold by GROB MATTHEW S. 69 funds opened positions while 206 raised stakes. Amica Pension Fund Board Of Trustees has invested 1.12% of its portfolio in Verizon Communications Inc. Its up 24.84% from 39.92 million shares previously. Front Barnett Associate Ltd Llc reported 0.03% of its portfolio in Verizon Communications Inc. Ameritas Investment Prtn reported 0.04% stake. Baillie Gifford & holds 4.99% or 12.90 million shares.

Specialized Analysis: The organization has the market capitalization of $2.54B. The New York-based Gm Advisory Grp Inc has invested 0.07% in Tesla, Inc.

Since October 27, 2017, it had 0 insider buys, and 6 selling transactions for $6.14 million activity. SILLIMAN CRAIG L. sold $29,658 worth of stock or 610 shares.

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