Is there a Bearish outlook for Bed Bath & Beyond Inc. (NASDAQ:BBBY) this week?

March 22, 2018 - By Nellie Frank

 Is there a Bearish outlook for Bed Bath & Beyond Inc. (NASDAQ:BBBY) this week?
Investors sentiment increased to 0.81 in Q3 2017. Its up 0.06, from 0.75 in 2017Q2. It increased, as 84 investors sold Bed Bath & Beyond Inc. shares while 103 reduced holdings. 39 funds opened positions while 113 raised stakes. 129.74 million shares or 2.88% less from 133.60 million shares in 2017Q2 were reported.
California Employees Retirement Sys stated it has 647,245 shares. Public Employees Retirement Of Ohio reported 58,758 shares or 0.01% of all its holdings. Oregon Employees Retirement Fund accumulated 142,067 shares or 0.05% of the stock. Perkins Coie Trust Com reported 700 shares or 0.01% of all its holdings. Cubic Asset Mgmt Ltd holds 25,220 shares or 0.17% of its portfolio. Moreover, Perigon Wealth Management Limited Liability has 0% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Bridgewater Assoc Lp invested in 0.21% or 1.34 million shares. Verition Fund Mgmt Limited Liability Company invested 0.05% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Moreover, Schroder Invest Gp has 0.05% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Aimz Advsrs Limited Company holds 39,957 shares or 1.02% of its portfolio. X Management Company Ltd Liability Corp invested 0% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Moreover, Wolverine Asset Ltd Liability Corp has 0.03% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 100,000 shares. Apg Asset Nv accumulated 2.24M shares. Price T Rowe Associates Md invested in 0% or 43,462 shares. Nordea Investment Management accumulated 0% or 5,440 shares.

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

Among 31 analysts covering Bed Bath & Beyond (NASDAQ:BBBY), 2 have Buy rating, 9 Sell and 20 Hold. Therefore 6% are positive. Bed Bath & Beyond had 72 analyst reports since September 21, 2015 according to SRatingsIntel. Credit Suisse maintained it with “Hold” rating and $25.0 target in Wednesday, September 20 report. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Hold” rating by Credit Suisse on Wednesday, March 14. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Sell” rating by Goldman Sachs on Thursday, June 23. Citigroup maintained Bed Bath & Beyond Inc. (NASDAQ:BBBY) on Thursday, September 22 with “Sell” rating. The company was downgraded on Friday, November 20 by Cantor Fitzgerald. The company was maintained on Wednesday, June 15 by UBS. Bank of America maintained Bed Bath & Beyond Inc. (NASDAQ:BBBY) rating on Friday, June 23. Bank of America has “Sell” rating and $2700 target. Loop Capital upgraded the stock to “Hold” rating in Friday, May 12 report. UBS maintained the stock with “Neutral” rating in Thursday, September 22 report. The firm has “Hold” rating given on Sunday, February 11 by Robert W. Baird. Below is a list of Bed Bath & Beyond Inc. (NASDAQ:BBBY) latest ratings and price target changes.

14/03/2018 Broker: Credit Suisse Rating: Hold New Target: $25.0 Maintain
11/02/2018 Broker: Robert W. Baird Rating: Hold New Target: $20.0 Maintain
26/01/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Downgrade
26/01/2018 Broker: J.P. Morgan Rating: Sell New Target: $18.0 Downgrade
21/12/2017 Broker: Citigroup Rating: Sell New Target: $17.0 Maintain
04/12/2017 Broker: Moffett Nathanson Rating: Neutral Initiates Coverage On
15/11/2017 Broker: KeyBanc Capital Markets Rating: Underweight Old Target: $21 New Target: $17 Maintain
31/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $23.0 Maintain

The stock decreased 2.60% or $0.57 during the last trading session, reaching $21.32. About 1.55 million shares traded. Bed Bath & Beyond Inc. (NASDAQ:BBBY) has declined 16.34% since March 22, 2017 and is downtrending. It has underperformed by 33.04% the S&P500.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. The company has market cap of $3.04 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 6.06 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.

More important recent Bed Bath & Beyond Inc. (NASDAQ:BBBY) news were published by: which released: “Ex-Dividend Reminder: Boyd Gaming, Viacom and Bed, Bath & Beyond” on March 13, 2018, also published article titled: “Bed Bath & Beyond: Short On Clarity, Long On Opportunity”, published: “Bed Bath & Beyond: A Cheap And Profitable Retailer” on March 04, 2018. More interesting news about Bed Bath & Beyond Inc. (NASDAQ:BBBY) was released by: and their article: “Bed Bath & Beyond Inc. (BBBY) Ex-Dividend Date Scheduled for March 15, 2018” with publication date: March 14, 2018.

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