Bed Bath & Beyond Inc. (NASDAQ:BBBY) is expected to pay $0.13 on Oct 18, 2016. The indicated annual dividend is $0.50. Shareholders owning the stock before Sep 14, 2016 will be eligible to receive the payout. Based on Bed Bath & Beyond Inc.’s current price of $43.22, the dividend is 0.29%. This dividend’s record date is Sep 16, 2016 and the announcement date is Jun 22, 2016. About 201,330 shares traded hands. Bed Bath & Beyond Inc. (NASDAQ:BBBY) has risen 0.25% since February 8, 2016 and is uptrending. It has underperformed by 16.24% the S&P500.
Bed Bath & Beyond Inc. is a retailer, which operates under the names Bed Bath & Beyond , Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! (collectively, CTS), Harmon or Harmon Face Values (collectively, Harmon), buybuy BABY (Baby) and World Market, Cost Plus World Market or Cost Plus (collectively, Cost Plus World Market). The company has a market cap of $6.73 billion. The Firm operates in two divisions: North American Retail and Institutional Sales. It has a 8.63 P/E ratio. The Firm sells a range of domestics merchandise and home furnishings.
The institutional sentiment decreased to 0.83 in 2016 Q2. Its down 0.10, from 0.93 in 2016Q1. The ratio dived, as 57 funds sold all Bed Bath & Beyond Inc. shares owned while 183 reduced positions. 39 funds bought stakes while 161 increased positions. They now own 142.16 million shares or 7.29% less from 153.35 million shares in 2016Q1.
Sather Financial Group Inc holds 3.66% of its portfolio in Bed Bath & Beyond Inc. for 217,737 shares. Wilsey Asset Management Inc owns 99,432 shares or 3.07% of their US portfolio. Moreover, Speece Thorson Capital Group Inc has 2.77% invested in the company for 295,404 shares. The New York-based Breithorn Capital Management has invested 2.55% in the stock. Lawson Kroeker Investment Management Inc Ne, a Nebraska-based fund reported 161,680 shares.
Out of 23 analysts covering Bed Bath & Beyond (NASDAQ:BBBY), 2 rate it a “Buy”, 6 “Sell”, while 15 “Hold”. This means 9% are positive. $85 is the highest target while $37 is the lowest. The $54.26 average target is 25.54% above today’s ($43.22) stock price. Bed Bath & Beyond has been the topic of 38 analyst reports since September 21, 2015 according to StockzIntelligence Inc. Telsey Advisory Group maintained the stock on June 23 with “Market Perform” rating. Topeka Capital Markets initiated it with “Sell” rating and $37 target price in a May 24 report. Goldman Sachs maintained the shares of BBBY in a report on June 23 with “Sell” rating. Lastly, UBS maintained the stock with “Neutral” rating in a June 15 report.
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