Rowland & Company Investment Counsel Increased Its Bb&T Corporation (BBBY) Stake by $3.06 Million

February 24, 2018 - By Adrian Mccoy

Investors sentiment increased to 0.81 in 2017 Q3. Its up 0.06, from 0.75 in 2017Q2. It increased, as 84 investors sold BBBY 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. 782,937 are held by Parametric Portfolio Associates Limited Liability Co. Sg Americas Secs Ltd Liability Corp owns 37,897 shares. Qs Investors Lc owns 38 shares. The United Kingdom-based Gsa Capital Prns Ltd Liability Partnership has invested 0.02% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Ameritas Inv Prns reported 43,300 shares stake. Asset Management One Limited holds 294,593 shares. Ftb Advsrs has 630 shares. California State Teachers Retirement System has invested 0.01% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Gotham Asset Ltd reported 681,206 shares. Moreover, Raymond James And has 0% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 9,974 shares. Peak6 Investments Lp has invested 0.01% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Petrus Trust Com Lta accumulated 98,487 shares or 0.55% of the stock. Dimensional Fund Advisors Limited Partnership accumulated 3.42 million shares. Arizona State Retirement invested in 0.02% or 81,674 shares. Carret Asset Mgmt Ltd Llc has invested 0.04% in Bed Bath & Beyond Inc. (NASDAQ:BBBY).

Rowland & Company Investment Counsel increased its stake in Bb&T Corporation (BBBY) by 134.37% based on its latest 2017Q3 regulatory filing with the SEC. Rowland & Company Investment Counsel bought 66,443 shares as the company’s stock declined 14.12% while stock markets rallied. The institutional investor held 115,891 shares of the home furnishings company at the end of 2017Q3, valued at $5.44M, up from 49,448 at the end of the previous reported quarter. Rowland & Company Investment Counsel who had been investing in Bb&T Corporation for a number of months, seems to be bullish on the $3.13 billion market cap company. The stock increased 1.57% or $0.34 during the last trading session, reaching $21.97. About 2.47M shares traded. Bed Bath & Beyond Inc. (NASDAQ:BBBY) has declined 16.34% since February 24, 2017 and is downtrending. It has underperformed by 33.04% the S&P500.

Rowland & Company Investment Counsel, which manages about $228.64M and $240.76 million US Long portfolio, decreased its stake in Bank Of Ny Mellon Co (NYSE:BBT) by 109,269 shares to 7,129 shares, valued at $445,000 in 2017Q3, according to the filing.

More news for Bed Bath & Beyond Inc. (NASDAQ:BBBY) were recently published by: Seekingalpha.com, which released: “Bed Bath & Beyond Is Worth At Least $30 – Look No Further Than The Dividend” on February 13, 2018. Thestreet.com‘s article titled: “Why Hasn’t Bed Bath & Beyond Been Attacked by an Activist Investor?” and published on January 26, 2018 is yet another important article.

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 71 analyst reports since September 21, 2015 according to SRatingsIntel. The firm has “Sell” rating by Citigroup given on Thursday, September 22. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) has “Neutral” rating given on Friday, December 18 by Credit Suisse. Robert W. Baird maintained Bed Bath & Beyond Inc. (NASDAQ:BBBY) on Sunday, February 11 with “Hold” rating. The rating was maintained by Jefferies with “Hold” on Thursday, August 31. The company was maintained on Wednesday, September 20 by Barclays Capital. The firm has “Hold” rating by Robert W. Baird given on Tuesday, October 31. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Market Perform” rating by Telsey Advisory Group on Thursday, December 22. As per Wednesday, December 23, the company rating was downgraded by SunTrust. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) has “Sell” rating given on Wednesday, September 20 by KeyBanc Capital Markets. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) has “Buy” rating given on Friday, September 25 by Cantor Fitzgerald.

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