Traders Performance Review: Bed Bath & Beyond Inc. (BBBY)

Lloyd Doyle
April 25, 2018

Wilsey Asset Management Inc bought 55,881 shares as the company's stock declined 9.72% with the market. The hedge fund held 225,911 shares of the home furnishings company at the end of 2017Q4, valued at $4.97 million, up from 84,305 at the end of the previous reported quarter. Loop Capital Markets maintained it with "Hold" rating and $2300 target in Thursday, April 5 report. The stock increased 0.49% or $0.08 during the last trading session, reaching $17.44. About 641,970 shares traded or 60.36% up from the average. Bed Bath & Beyond has $25.0 highest and $1600 lowest target. (NASDAQ:BBBY) has "Hold" rating given on Tuesday, April 10 by Deutsche Bank. It has underperformed by 58.71% the S&P500.

Nuance Investments Llc decreased its stake in Johnson & Johnson (JNJ) by 36.63% based on its latest 2017Q4 regulatory filing with the SEC. The retailer reported $1.48 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.41 by $0.07. Nuance Investments Llc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $338.60B market cap company. (BBBY) spotted positive result in Friday trading session. About 1.39 million shares traded. Simmons First National Corporation (NASDAQ:SFNC) has risen 3.60% since April 25, 2017 and is uptrending. It has underperformed by 10.43% the S&P500.

Middleton & Co Inc, which manages about $602.39M and $595.88M US Long portfolio, decreased its stake in Schlumberger Ltd (NYSE:SLB) by 26,167 shares to 76,857 shares, valued at $5.18 million in 2017Q4, according to the filing. Wedbush also issued estimates for Bed Bath & Beyond's Q2 2019 earnings at $0.58 EPS, Q3 2019 earnings at $0.12 EPS, Q4 2019 earnings at $1.20 EPS, FY2019 earnings at $2.24 EPS and FY2020 earnings at $2.01 EPS. Its down 0.19, from 1.38 in 2017Q3. It worsened, as 71 investors sold BBBY shares while 105 reduced holdings. It is flat, as 35 investors sold NSC shares while 360 reduced holdings. only 80 funds opened positions while 249 raised stakes. Investors holded 129.74 million in 2017Q3 but now own 125.01 million shares or 3.64% less. Legal And General Public Limited Liability holds 1.63 million shares or 0.17% of its portfolio. Gam Hldg Ag has 101,794 shares for 0.07% of their portfolio. Hexavest accumulated 830,005 shares. Hl Financial Services Ltd Liability Corp has 0.04% invested in Bed Bath & Beyond Inc. After this sale, 111,058 common shares of BBBY are directly owned by the insider, with total stake valued at $1,944,626.

17,101 are held by Profund Advsrs Ltd Company. 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. Rbf Capital Ltd Liability Corp reported 12,000 shares or 0.68% of all its holdings. The California-based Mogy Joel R Inv Counsel has invested 0.23% in Bed Bath & Beyond Inc. Manchester Capital Management Ltd has invested 0% in Bed Bath & Beyond Inc. (NASDAQ:BBBY), at its latest closing price of $17.36, it has a price-to-book ratio of 0.83, compared to an industry average at 4.57. Bed Bath & Beyond Inc. (NASDAQ:BBBY). Comerica Bank & Trust owns 116,678 shares. Howe & Rusling Inc has 0% invested in Bed Bath & Beyond Inc.

Total analysts of 15 have positions in Bed Bath & Beyond (NASDAQ:BBBY) as follows: 0 rated it a "Buy", 7 with "Sell" and 8 with "Hold". Therefore 67% are positive. Bed Bath & Beyond had 19 analyst reports since October 31, 2017 according to SRatingsIntel.

After a strong start, USA stocks abruptly sold off Tuesday after machinery maker Caterpillar said it doesn't expect to top its first-quarter profit for the rest of the year. Then the steady flow of visitors to shopping malls around the country, home to many of Bed Bath & Beyond's biggest stores, began to slow. (NASDAQ:BBBY) earned "Market Perform" rating by Telsey Advisory Group on Thursday, June 23. The rating was maintained by Robert W. Baird with "Hold" on Sunday, February 11.

OKL built a legendary brand by curating great product and content. Bed Bath & Beyond built a retail empire by stacking towels from floor to ceiling. The company was downgraded on Friday, February 12 by Oppenheimer. (NASDAQ:BBBY) on Thursday, September 22 with "Neutral" rating. Texas Permanent School Fund reported 96,827 shares. The company was maintained on Thursday, April 14 by Citigroup. Keep in mind that Investors should not rely only on an analyst's recommendation when taking a decision whether to buy, hold, or sell a stock. Jefferies maintained the stock with "Hold" rating in Monday, July 11 report. Credit Suisse maintained the shares of BLK in report on Tuesday, April 12 with "Outperform" rating. Hilltop Holding invested 0.1% in BlackRock, Inc. TIAA CREF Investment Management LLC now owns 1,307,910 shares of the retailer's stock valued at $28,761,000 after purchasing an additional 871,390 shares during the period. The company presently has a consensus rating of "Hold" and a consensus target price of $22.61. The firm earned "Buy" rating on Monday, January 18 by Standpoint Research. The rating was downgraded by BTIG Research on Friday, July 21 to "Sell". The company was maintained on Wednesday, September 20 by KeyBanc Capital Markets. The firm has "Underperform" rating given on Wednesday, September 20 by Bank of America. The firm has "Hold" rating by Cantor Fitzgerald given on Friday, November 20. TD Securities maintained the stock with "Hold" rating in Friday, April 28 report.

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