Bed Bath & Beyond Inc. (NASDAQ:BBBY) saw an uptick in trading volume on Friday . 2,464,796 shares were traded during trading, an increase of 38% from the previous session’s volume of 1,786,084 shares.The stock last traded at $46.11 and had previously closed at $45.73.

BBBY has been the subject of a number of recent analyst reports. Bank of America Corp. reissued a “sell” rating on shares of Bed Bath & Beyond in a research note on Wednesday, June 15th. Vetr raised shares of Bed Bath & Beyond from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a research note on Monday, May 2nd. Wedbush reissued a “neutral” rating and set a $42.00 target price on shares of Bed Bath & Beyond in a research note on Tuesday, August 2nd. Deutsche Bank AG reissued a “hold” rating and set a $42.00 target price (down from $45.00) on shares of Bed Bath & Beyond in a research note on Thursday, June 23rd. Finally, JPMorgan Chase & Co. lowered their target price on shares of Bed Bath & Beyond from $51.00 to $47.00 and set a “neutral” rating for the company in a research note on Thursday, June 23rd. Eight research analysts have rated the stock with a sell rating, twenty have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $50.20.

The company has a 50 day moving average of $44.16 and a 200-day moving average of $45.80. The company has a market cap of $6.97 billion and a price-to-earnings ratio of 9.20.

Bed Bath & Beyond (NASDAQ:BBBY) last issued its earnings results on Wednesday, June 22nd. The retailer reported $0.80 earnings per share for the quarter, missing the consensus estimate of $0.86 by $0.06. During the same quarter last year, the firm posted $0.93 EPS. The firm earned $2.74 billion during the quarter. The firm’s quarterly revenue was up .0% compared to the same quarter last year. Equities research analysts forecast that Bed Bath & Beyond Inc. will post $4.84 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 18th. Stockholders of record on Friday, September 16th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.08%.

Other large investors have modified their holdings of the company. Mitsubishi UFJ Kokusai Asset Management CO. LTD. raised its stake in shares of Bed Bath & Beyond by 4.4% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 22,354 shares of the retailer’s stock valued at $1,079,000 after buying an additional 947 shares during the period. Principal Financial Group Inc. raised its stake in shares of Bed Bath & Beyond by 1.2% in the fourth quarter. Principal Financial Group Inc. now owns 251,723 shares of the retailer’s stock valued at $12,146,000 after buying an additional 2,956 shares during the period. KBC Group NV raised its stake in shares of Bed Bath & Beyond by 3.4% in the fourth quarter. KBC Group NV now owns 158,342 shares of the retailer’s stock valued at $7,640,000 after buying an additional 5,157 shares during the period. Schroder Investment Management Group raised its stake in shares of Bed Bath & Beyond by 25.5% in the fourth quarter. Schroder Investment Management Group now owns 955,789 shares of the retailer’s stock valued at $46,117,000 after buying an additional 194,501 shares during the period. Finally, Bridgewater Associates LP raised its stake in shares of Bed Bath & Beyond by 96.0% in the fourth quarter. Bridgewater Associates LP now owns 647,054 shares of the retailer’s stock valued at $31,220,000 after buying an additional 316,980 shares during the period.

Bed Bath & Beyond Inc and subsidiaries is a retailer selling an assortment of domestics merchandise and home furnishings, which operates under the names Bed Bath & Beyond, Christmas Tree Shops, Christmas Tree Shops andThat! or andThat!, Harmon or Harmon Face Values, buybuy BABY and World Market, Cost Plus World Market or Cost Plus.

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