Bed Bath & Beyond Inc. (NASDAQ:BBBY) Seeing Rampant Activity Today

(NASDAQ:LYTS) is a huge mover today! About 75,177 shares traded. We have $6.65 PT which if reached, will make NASDAQ:LYTS worth $5.25 million less. The SI to Bed Bath & Beyond Incorporated’s float is 12.88%. About 2.64M shares traded. Bed Bath & Beyond Inc now has $3.87B valuation. It has underperformed by 33.04% the S&P500. The stock has a market capitalization of $3.84 billion, a price-to-earnings ratio of 6.28 and a beta of 1.11. Deutsche Bank AG reaffirmed a “hold” rating and issued a $31.00 price target (down from $36.00) on shares of Bed Bath & Beyond in a report on Sunday, June 25th. The firm has “Market Perform” rating given on Friday, September 25 by TelseyAdvisory Group. BidaskClub downgraded shares of Bed Bath & Beyond from a “sell” rating to a “strong sell” rating in a report on Thursday, August 24th. On Monday, January 18 the stock rating was upgraded by Standpoint Research to “Buy”. (NASDAQ:LYTS) on Thursday, August 17 to “Hold” rating. Its up 0.02, from 1.16 in 2016Q3. It dived, as 21 investors sold FNB shares while 66 reduced holdings. Moreover, State Bank Of Montreal Can has 0% invested in LSI Industries, Inc. Two Sigma Securities Limited Liability Com stated it has 13,658 shares. The biggest holder now is Mr. Leonard Feinstein who owns 937,589 shares (0.65% of those outstanding), whilst Mr. Steven H. Temares holds 642,447 (0.44% of shares outstanding) and Mr. Arthur Stark holds 145,322 (0.10% of shares outstanding). Avalon reported 0.04% stake. Community Retail Bank Na holds 0% or 478 shares. Adirondack & Mgmt invested in 556,081 shares. Botty Llc accumulated 27,730 shares. Barclays Public Ltd Company has invested 0% in LSI Industries, Inc. (NASDAQ:LYTS). 851 are owned by Bnp Paribas Arbitrage. Royal Bank Of Scotland Group Plc, a United Kingdom-based fund reported 222,255 shares. Bahl Gaynor invested 0.01% in LSI Industries, Inc. (NASDAQ:LYTS). Deprince Race & Zollo accumulated 0.11% or 594,198 shares.

LSI Industries a provider of corporate visual image solutions to the petroleum/convenience store industry. LYTS’s profit will be $1.02M for 42.88 P/E if the $0.04 EPS becomes a reality. During the same quarter in the previous year, the business posted $0.80 earnings per share.

Investors sentiment decreased to 0.75 in 2016 Q4.

Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations. 38 funds opened positions while 88 raised stakes. The retailer reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by ($0.08). Fuller & Thaler Asset Mgmt Incorporated holds 0% or 2,100 shares. Westside Investment Management Inc. boosted its holdings in Bed Bath & Beyond by 15.0% in the 1st quarter. (NASDAQ:BBBY). Hennessy Advisors has invested 0.05% in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 222,255 shares.

Bed Bath & Beyond Inc. has a one year low of $26.96 and a one year high of $48.83. It also upped Dcp Midstream Partners Lp (NYSE:DPM) stake by 43,000 shares and now owns 367,200 shares. Zweig holds 6,300 shares.

Ratings analysis reveals 0 of Bed Bath & Beyond’s analysts are positive. First Manhattan owns 2,466 shares or 0% of their United States portfolio. Utah Retirement System holds 0.03% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Aberdeen Asset Public Lc Uk reported 149,217 shares. (NASDAQ:BBBY) for 34,340 shares. D E Shaw And Communications holds 0% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY). At the time of writing, the First Call consensus price target for the company is $32.16. Therefore 7% are positive. Corporation had 20 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Bed Bath & Beyond Inc. The company was maintained on Thursday, June 23 by JP Morgan. Credit Suisse maintained Bed Bath & Beyond Inc. (NASDAQ:BBBY) has “Underweight” rating given on Tuesday, January 19 by BB&T Capital. Finally, UBS AG reiterated a “neutral” rating and issued a $30.00 price target (down from $33.00) on shares of Bed Bath & Beyond in a report on Thursday, September 14th. Jefferies initiated Bed Bath & Beyond Inc. The firm has “Market Perform” rating given on Thursday, December 22 by Telsey Advisory.

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