Psagot Investment House Ltd. acquired a new stake in Bed Bath & Beyond Inc. (NASDAQ:BBBY) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 9,245 shares of the retailer’s stock, valued at approximately $217,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Ffcm LLC boosted its stake in shares of Bed Bath & Beyond by 2,958.6% in the 3rd quarter. Ffcm LLC now owns 4,435 shares of the retailer’s stock valued at $104,000 after purchasing an additional 4,290 shares during the last quarter. Bronfman E.L. Rothschild L.P. boosted its stake in shares of Bed Bath & Beyond by 928.4% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 3,836 shares of the retailer’s stock valued at $117,000 after purchasing an additional 3,463 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. bought a new position in shares of Bed Bath & Beyond in the 3rd quarter valued at about $222,000. Point View Wealth Management Inc. boosted its stake in shares of Bed Bath & Beyond by 55.9% in the 2nd quarter. Point View Wealth Management Inc. now owns 8,020 shares of the retailer’s stock valued at $244,000 after purchasing an additional 2,876 shares during the last quarter. Finally, Oldfield Partners LLP boosted its stake in shares of Bed Bath & Beyond by 381.8% in the 3rd quarter. Oldfield Partners LLP now owns 10,600 shares of the retailer’s stock valued at $249,000 after purchasing an additional 8,400 shares during the last quarter. Hedge funds and other institutional investors own 91.59% of the company’s stock.

Shares of Bed Bath & Beyond Inc. (NASDAQ BBBY) opened at $23.09 on Thursday. The company has a quick ratio of 0.33, a current ratio of 1.77 and a debt-to-equity ratio of 0.55. Bed Bath & Beyond Inc. has a fifty-two week low of $19.07 and a fifty-two week high of $48.83. The stock has a market cap of $3,569.09, a P/E ratio of 6.07 and a beta of 1.10.

Bed Bath & Beyond (NASDAQ:BBBY) last posted its quarterly earnings data on Tuesday, September 19th. The retailer reported $0.67 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.95 by ($0.28). Bed Bath & Beyond had a net margin of 4.64% and a return on equity of 21.74%. The business had revenue of $2.94 billion during the quarter, compared to analyst estimates of $3.01 billion. During the same quarter last year, the business earned $1.11 earnings per share. Bed Bath & Beyond’s revenue for the quarter was down 1.7% on a year-over-year basis. sell-side analysts predict that Bed Bath & Beyond Inc. will post 2.98 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 15th will be issued a $0.15 dividend. The ex-dividend date is Thursday, December 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.60%. Bed Bath & Beyond’s dividend payout ratio (DPR) is presently 15.42%.

BBBY has been the topic of several recent research reports. Zacks Investment Research raised shares of Bed Bath & Beyond from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a research note on Tuesday, September 5th. UBS reaffirmed a “neutral” rating and issued a $30.00 target price (down previously from $33.00) on shares of Bed Bath & Beyond in a research note on Thursday, September 14th. Telsey Advisory Group reduced their target price on shares of Bed Bath & Beyond from $32.00 to $21.00 and set a “market perform” rating on the stock in a research note on Wednesday, September 20th. BidaskClub lowered shares of Bed Bath & Beyond from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 24th. Finally, Jefferies Group reaffirmed a “hold” rating and issued a $25.00 target price (down previously from $34.00) on shares of Bed Bath & Beyond in a research note on Thursday, September 21st. Nine research analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $27.88.

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Bed Bath & Beyond Company Profile

Bed Bath & Beyond Inc is a retailer, which operates under the names Bed Bath & Beyond (BBB), 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).

Institutional Ownership by Quarter for Bed Bath & Beyond (NASDAQ:BBBY)

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