Is Buying Bed Bath & Beyond Inc (NASDAQ:BBBY) Here Good Idea?

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

Investors sentiment decreased to 0.85 in Q2 2018. Its down 0.21, from 1.06 in 2018Q1. It dropped, as 53 investors sold Bed Bath & Beyond Inc. shares while 90 reduced holdings. 43 funds opened positions while 78 raised stakes. 126.07 million shares or 0.93% more from 124.91 million shares in 2018Q1 were reported.
Osmium Prtn Ltd Liability invested 0.44% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Meeder Asset Mngmt has 0% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 17,924 shares. Ellington Grp Limited Liability holds 0.25% or 178,900 shares. Moon Capital Management L P reported 1.04% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Cohen Klingenstein Limited Liability Company stated it has 31,100 shares or 0.08% of all its holdings. California State Teachers Retirement Sys invested 0.01% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Mogy Joel R Invest Counsel invested 0.04% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Financial Bank Of New York Mellon Corporation reported 2.64 million shares or 0.01% of all its holdings. Price Cap accumulated 36,807 shares. Retirement Systems Of Alabama stated it has 0.02% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Louisiana State Employees Retirement Systems invested in 37,800 shares. Nuveen Asset Management Ltd reported 0% stake. Mason Street Advisors Ltd Liability Corporation stated it has 71,825 shares or 0.03% of all its holdings. Guggenheim Capital Ltd Liability Company invested 0.01% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Tci Wealth Advsr, Arizona-based fund reported 208 shares.

Since July 5, 2018, it had 0 insider purchases, and 1 sale for $520,348 activity.

The stock of Bed Bath & Beyond Inc (NASDAQ:BBBY) registered a decrease of 4.74% in short interest. BBBY’s total short interest was 29.67M shares in December as published by FINRA. Its down 4.74% from 31.14 million shares, reported previously. With 2.84M shares average volume, it will take short sellers 10 days to cover their BBBY’s short positions. The short interest to Bed Bath & Beyond Inc’s float is 22.59%.

The stock decreased 6.97% or $0.92 during the last trading session, reaching $12.28. About 1,591 shares traded. Bed Bath & Beyond Inc. (NASDAQ:BBBY) has declined 35.13% since December 6, 2017 and is downtrending. It has underperformed by 50.75% the S&P500.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. The company has market cap of $1.70 billion. 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. It has a 4.84 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.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) Ratings Coverage

Among 8 analysts covering Bed Bath \u0026 Beyond (NASDAQ:BBBY), 0 have Buy rating, 3 Sell and 5 Hold. Therefore 0 are positive. Bed Bath \u0026 Beyond had 9 analyst reports since August 14, 2018 according to SRatingsIntel. Citigroup maintained Bed Bath & Beyond Inc. (NASDAQ:BBBY) on Monday, December 3 with “Sell” rating. The company was maintained on Thursday, September 27 by JP Morgan. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) has “Sell” rating given on Thursday, September 27 by Citigroup. Deutsche Bank maintained Bed Bath & Beyond Inc. (NASDAQ:BBBY) rating on Thursday, September 27. Deutsche Bank has “Hold” rating and $14 target. KeyBanc Capital Markets maintained Bed Bath & Beyond Inc. (NASDAQ:BBBY) rating on Thursday, September 27. KeyBanc Capital Markets has “Underweight” rating and $15 target. The firm has “Hold” rating given on Tuesday, August 14 by Standpoint Research. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) has “Market Perform” rating given on Monday, September 17 by Raymond James. As per Thursday, September 27, the company rating was maintained by Credit Suisse. Argus Research downgraded Bed Bath & Beyond Inc. (NASDAQ:BBBY) on Monday, October 1 to “Hold” rating.

More notable recent Bed Bath & Beyond Inc. (NASDAQ:BBBY) news were published by: Nasdaq.com which released: “Bed Bath & Beyond (BBBY) Down 14% on Q2 Earnings & Sales Miss – Nasdaq” on September 27, 2018, also Seekingalpha.com with their article: “BBBY: A Blood Bath & Beyond Event Trade – Seeking Alpha” published on June 20, 2018, Nasdaq.com published: “Bed Bath & Beyond Inc. (BBBY) Ex-Dividend Date Scheduled for September 13, 2018 – Nasdaq” on September 12, 2018. More interesting news about Bed Bath & Beyond Inc. (NASDAQ:BBBY) were released by: Nasdaq.com and their article: “Bear of the Day: Bed Bath & Beyond (BBBY) – Nasdaq” published on October 02, 2018 as well as Seekingalpha.com‘s news article titled: “Bed, Bath & Beyond Margin Pressure – Seeking Alpha” with publication date: October 08, 2018.

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

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