Big Money Are Buying Bed Bath & Beyond Inc (NASDAQ:BBBY), Sentiment at 1.06

June 27, 2018 - By Cynthia Ashman

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

“Big money” Positions

In Q1 2018 Bed Bath & Beyond Inc (NASDAQ:BBBY) big money sentiment increased to 1.06, according to Securities and Exchange Commission filings. So its up 0.32, from 2017Q4’s 0.74. 133 funds started new and increased positions, while 126 reduced and sold their stock positions in Bed Bath & Beyond Inc so the sentiment improved. Funds own 124.91 million shares, down from 125.01 million shares in 2017Q4. Funds holding Bed Bath & Beyond Inc in top 10 changed to 3 from 4 for a decrease of 1. In total 26 funds closed positions, 100 reduced and 89 increased. Also 44 funds bought new Bed Bath & Beyond Inc stakes.

Largest Bed Bath & Beyond Inc Shareholders

As of Q1 2018 Contrarius Investment Management Ltd has 6.34% invested in Bed Bath & Beyond Inc. As of Q1 2018, 284,979 shares of Bed Bath & Beyond Inc are owned by Valueworks Llc. Moreover, Moon Capital Management Lp reported 370,111 shares in Bed Bath & Beyond Inc equivalent to 3.75% of its equity exposure. The Missouri-based fund Towle & Co have invested about 2.98% of the investment manager’s stock portfolio in Bed Bath & Beyond Inc. The California-based fund Wilsey Asset Management Inc holds 230,587 shares or 2.64% of their equity exposure.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores.The company has $2.81 billion market cap. 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.The P/E ratio is 6.6. It also provides various textile products, amenities, and other goods to institutional clients in the hospitality, cruise line, healthcare, and other industries.

BBBY is touching $20.055 during the last trading session, after increased 0.07%.Bed Bath & Beyond Inc. has volume of 2.72 million shares. Since June 27, 2017 BBBY has declined 48.23% and is downtrending. BBBY underperformed by 60.80% the S&P 500.

Tradewinds Capital Ltd Liability Company stated it has 0% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Bluecrest Capital holds 0.01% or 12,669 shs in its capital. Ameriprise Fincl holds 0% or 453,168 shs. Fincl holds 109 shs. The New York-based Jane Street Group Llc has invested 0% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Carroll Assocs stated it has 0% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Teachers Retirement Of The State Of Kentucky accumulated 29,119 shs or 0.01% of the stock. 10,744 were reported by Envestnet Asset Mgmt. Ontario Teachers Pension Plan Board accumulated 235,318 shs or 0.07% of the stock. 42,118 are owned by Rowland And Investment Counsel Adv. Maverick Ltd has invested 0.24% of its capital in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Engineers Gate Manager Ltd Partnership stated it has 0.45% of its capital in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Arrowstreet Partnership invested in 2.95 million shs or 0.14% of the stock. Glob X Lc stated it has 0% of its capital in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Cubist Systematic Strategies Limited Co has 0.09% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 72,361 shs.

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 Wednesday, March 14 the stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Hold” rating by Credit Suisse. On Wednesday, April 11 the rating was maintained by Jefferies with “Hold”. The stock rating was maintained by Citigroup with “Sell” on Thursday, April 12. On Tuesday, April 10 the company was maintained by Deutsche Bank. On Sunday, February 11 the firm has “Hold” rating by Robert W. Baird given. The company rating was maintained by KeyBanc Capital Markets on Thursday, April 12. In Thursday, April 12 report Morgan Stanley maintained it with “Underweight” rating and $16 target. On Thursday, April 12 the stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Sell” rating by Raymond James. On Thursday, April 12 the firm has “Underperform” rating by Bank of America given. On Friday, January 26 the company was downgraded by JP Morgan.

A couple more Bed Bath & Beyond Inc. (NASDAQ:BBBY) news were published by: Seekingalpha.com which released on June 25, 2018 “Game Plan For The Week – Cramer’s Mad Money (6/22/18)”, also Seekingalpha.com on June 20, 2018 published “BBBY: A Blood Bath & Beyond Event Trade”, the next Seekingalpha.com is “Stocks To Watch: More Trade Tiffs And Stress Tests” on June 23, 2018. Benzinga.com has article titled “Earnings Scheduled For June 27, 2018”.

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

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