Ameritas Investment Partners Inc. boosted its position in shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) by 1,073.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,300 shares of the retailer’s stock after purchasing an additional 39,610 shares during the period. Ameritas Investment Partners Inc.’s holdings in Bed Bath & Beyond were worth $1,194,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Bronfman E.L. Rothschild L.P. boosted its position in 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 buying an additional 3,463 shares during the period. Ffcm LLC boosted its position in 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 buying an additional 4,290 shares during the period. Point View Wealth Management Inc. boosted its position in 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 buying an additional 2,876 shares during the period. Cambridge Investment Research Advisors Inc. purchased a new stake in Bed Bath & Beyond in the 2nd quarter valued at about $251,000. Finally, Psagot Investment House Ltd. purchased a new stake in Bed Bath & Beyond in the 3rd quarter valued at about $217,000. Institutional investors own 91.88% of the company’s stock.

Shares of Bed Bath & Beyond Inc. (BBBY) opened at $23.56 on Thursday. Bed Bath & Beyond Inc. has a 52-week low of $19.07 and a 52-week high of $48.12. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.77 and a quick ratio of 0.33. The firm has a market cap of $3,390.63, a P/E ratio of 5.77 and a beta of 1.10.

Bed Bath & Beyond (NASDAQ:BBBY) last posted its earnings results on Tuesday, September 19th. The retailer reported $0.67 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 firm had revenue of $2.94 billion for the quarter, compared to analysts’ expectations of $3.01 billion. During the same period in the previous year, the company earned $1.11 EPS. The company’s revenue was down 1.7% on a year-over-year basis. research analysts expect that Bed Bath & Beyond Inc. will post 2.98 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 15th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, December 14th. This represents a $0.60 dividend on an annualized basis and a yield of 2.55%. Bed Bath & Beyond’s payout ratio is 15.42%.

Several equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of Bed Bath & Beyond from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research report on Thursday, September 14th. UBS reissued a “neutral” rating and issued a $30.00 price objective (down from $33.00) on shares of Bed Bath & Beyond in a research report on Thursday, September 14th. Robert W. Baird reaffirmed a “neutral” rating and issued a $23.00 price target (down previously from $28.00) on shares of Bed Bath & Beyond in a research report on Monday, September 18th. ValuEngine cut shares of Bed Bath & Beyond from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, BidaskClub cut shares of Bed Bath & Beyond from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 24th. Nine analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $27.88.

TRADEMARK VIOLATION NOTICE: This piece of content was first posted by Daily Political and is the sole property of of Daily Political. If you are viewing this piece of content on another publication, it was stolen and reposted in violation of United States & international copyright and trademark laws. The correct version of this piece of content can be read at https://www.dailypolitical.com/2017/12/14/ameritas-investment-partners-inc-has-1-19-million-position-in-bed-bath-beyond-inc-bbby.html.

Bed Bath & Beyond 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)

Receive News & Ratings for Bed Bath & Beyond Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bed Bath & Beyond and related companies with MarketBeat.com's FREE daily email newsletter.