Oregon Public Employees Retirement Fund raised its stake in shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) by 37.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 142,067 shares of the retailer’s stock after purchasing an additional 38,410 shares during the period. Oregon Public Employees Retirement Fund owned 0.10% of Bed Bath & Beyond worth $3,334,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of BBBY. Wellington Management Group LLP increased its position in Bed Bath & Beyond by 24.2% during the first quarter. Wellington Management Group LLP now owns 53,958 shares of the retailer’s stock worth $2,130,000 after purchasing an additional 10,506 shares during the last quarter. Teachers Advisors LLC increased its position in Bed Bath & Beyond by 4.5% during the first quarter. Teachers Advisors LLC now owns 305,616 shares of the retailer’s stock worth $12,060,000 after purchasing an additional 13,149 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its position in Bed Bath & Beyond by 1.6% during the first quarter. Nomura Asset Management Co. Ltd. now owns 22,870 shares of the retailer’s stock worth $902,000 after purchasing an additional 370 shares during the last quarter. Xact Kapitalforvaltning AB increased its position in Bed Bath & Beyond by 4.1% during the second quarter. Xact Kapitalforvaltning AB now owns 23,466 shares of the retailer’s stock worth $713,000 after purchasing an additional 915 shares during the last quarter. Finally, Fox Run Management L.L.C. acquired a new position in Bed Bath & Beyond during the second quarter worth approximately $310,000. 92.06% of the stock is owned by hedge funds and other institutional investors.

Several brokerages recently commented on BBBY. Jefferies Group LLC reaffirmed a “hold” rating and set a $34.00 price target on shares of Bed Bath & Beyond in a research report on Thursday, July 27th. BidaskClub upgraded shares of Bed Bath & Beyond from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Zacks Investment Research upgraded 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 note on Thursday, September 14th. UBS AG reiterated a “neutral” rating and set a $30.00 price objective (down from $33.00) on shares of Bed Bath & Beyond in a research note on Thursday, September 14th. Finally, Robert W. Baird reiterated a “neutral” rating and set a $23.00 price objective (down from $28.00) on shares of Bed Bath & Beyond in a research note on Monday, September 18th. Nine analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the stock. Bed Bath & Beyond currently has an average rating of “Hold” and a consensus target price of $28.12.

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Bed Bath & Beyond Inc. (NASDAQ:BBBY) opened at $20.02 on Friday. Bed Bath & Beyond Inc. has a 52 week low of $19.07 and a 52 week high of $48.83. The company has a current ratio of 1.77, a quick ratio of 0.33 and a debt-to-equity ratio of 0.55. The company has a market cap of $2,928.41, a price-to-earnings ratio of 4.98, a price-to-earnings-growth ratio of 0.67 and a beta of 1.04.

Bed Bath & Beyond (NASDAQ:BBBY) last posted its quarterly earnings data 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 company had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter last year, the company earned $1.11 earnings per share. The company’s revenue was down 1.7% compared to the same quarter last year. equities research analysts predict that Bed Bath & Beyond Inc. will post 3 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 15th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.60 dividend on an annualized basis and a yield of 3.00%. Bed Bath & Beyond’s dividend payout ratio (DPR) is 15.42%.

About Bed Bath & Beyond

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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