Pro-Bed Bath & Beyond Inc Big Money Sentiment Runs High in Q1 2018, Currently at 1.06

June 27, 2018 - By Margaret Staats

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

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

In 2018 Q1 Bed Bath & Beyond Inc (NASDAQ:BBBY) big money sentiment increased to 1.06, SEC.gov filings reveal. That’s up 0.32, from 2017Q4’s 0.74. 133 hedge funds increased or started new holdings, while 126 reduced and sold their equity positions in Bed Bath & Beyond Inc so the sentiment has increased. 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 changed to 3 from 4 for a decrease of 1. 26 Investors Sold All; 100 Reduced Holdings; 89 increased stakes while 44 hedge funds bought stakes.

Biggest Bed Bath & Beyond Inc Shareholders

Contrarius Investment Management Ltd owns 6.34 million shares in Bed Bath & Beyond Inc as of 2018 Q1. Bed Bath & Beyond Inc’s shareholder Valueworks Llc owns 284,979 shares as of 2018 Q1. Moon Capital Management Lp reported 370,111 shares. Towle & Co revealed 1.34 million shares position in Bed Bath & Beyond Inc. The California-based fund Wilsey Asset Management Inc looks positive on Bed Bath & Beyond Inc, having 230,587 shares.

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.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 hit $20.055 during the last trading session after $0.015 change.Bed Bath & Beyond Inc. has volume of 2.72M shares. Since June 27, 2017 BBBY has declined 48.23% and is downtrending. BBBY underperformed the S&P 500 by 60.80%.

James Inv has invested 0.08% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Cornerstone Advsr holds 30 shs or 0% of its capital. Captrust Finance accumulated 6,800 shs or 0.01% of the stock. Schwab Charles Investment Mgmt holds 854,871 shs or 0.01% of its capital. Bancorp Of America Corporation De has 0% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Rhumbline Advisers owns 245,311 shs or 0.01% of their US capital. Point72 Asset Limited Partnership holds 0.02% or 201,584 shs. Millennium Management Limited Com reported 176,908 shs or 0% of all its holdings. Stratos Wealth Ptnrs accumulated 250 shs or 0% of the stock. Smithfield Trust Co has invested 0% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Jpmorgan Chase And Company stated it has 0% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Maverick Capital Ltd, a Texas-based fund reported 871,349 shs. Profund Advsrs Limited Liability Co reported 16,539 shs. Moon Capital Mgmt Ltd Partnership stated it has 370,111 shs or 3.75% of all its holdings. M&T Bank & Trust reported 0% of its capital in Bed Bath & Beyond Inc. (NASDAQ:BBBY).

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”. Š¢herefore 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 the stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) has “Neutral” rating given by Wedbush. On Thursday, April 12 the stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Neutral” rating by Credit Suisse. On Tuesday, April 10 Deutsche Bank maintained the shares of BBBY in report with “Hold” rating. In Thursday, April 12 report Bank of America maintained the stock with “Underperform” rating. On Friday, January 26 J.P. Morgan downgraded the shares of BBBY in report to “Sell” rating. On Sunday, February 11 the stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Hold” rating by Robert W. Baird. On Thursday, April 5 the firm has “Hold” rating by Loop Capital Markets given. On Thursday, April 12 the firm earned “Underweight” rating by KeyBanc Capital Markets. In Thursday, April 12 report Morgan Stanley maintained the stock with “Underweight” rating. On Thursday, April 12 the company was maintained by Citigroup.

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