Shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) traded up 5.8% during trading on Wednesday . The stock traded as high as $14.88 and last traded at $14.81, 4,099,499 shares were traded during trading. A decline of 43% from the average session volume of 7,181,314 shares. The stock had previously closed at $14.00.

BBBY has been the topic of a number of recent analyst reports. Loop Capital decreased their price objective on Bed Bath & Beyond from $12.00 to $10.00 and set a “hold” rating on the stock in a report on Thursday, October 3rd. Bank of America set a $20.00 target price on Bed Bath & Beyond and gave the stock a “buy” rating in a research note on Thursday, October 10th. UBS Group reduced their target price on Bed Bath & Beyond from $13.00 to $11.00 and set a “neutral” rating on the stock in a research report on Thursday, October 3rd. Telsey Advisory Group raised Bed Bath & Beyond from a “market perform” rating to an “outperform” rating and upped their price target for the company from $14.00 to $16.00 in a research note on Thursday, October 10th. Finally, BidaskClub lowered Bed Bath & Beyond from a “buy” rating to a “hold” rating in a research note on Saturday, November 2nd. Five investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $14.44.

The company has a debt-to-equity ratio of 1.73, a current ratio of 1.46 and a quick ratio of 0.52. The business has a 50 day simple moving average of $13.81 and a 200 day simple moving average of $11.45. The company has a market capitalization of $1.89 billion, a price-to-earnings ratio of 7.20, a PEG ratio of 1.18 and a beta of 1.29.

Bed Bath & Beyond (NASDAQ:BBBY) last released its quarterly earnings results on Wednesday, October 2nd. The retailer reported $0.34 EPS for the quarter, topping the consensus estimate of $0.27 by $0.07. The business had revenue of $2.72 billion during the quarter, compared to analyst estimates of $2.76 billion. Bed Bath & Beyond had a positive return on equity of 10.20% and a negative net margin of 6.36%. The company’s quarterly revenue was down 7.3% on a year-over-year basis. During the same period last year, the business posted $0.36 earnings per share. On average, equities research analysts predict that Bed Bath & Beyond Inc. will post 1.92 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 14th. Investors of record on Friday, December 13th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 4.60%. The ex-dividend date of this dividend is Thursday, December 12th. Bed Bath & Beyond’s payout ratio is 33.17%.

A number of institutional investors have recently made changes to their positions in the stock. Quadrant Capital Group LLC increased its stake in Bed Bath & Beyond by 124.4% during the third quarter. Quadrant Capital Group LLC now owns 2,942 shares of the retailer’s stock worth $30,000 after purchasing an additional 1,631 shares during the period. Steward Partners Investment Advisory LLC lifted its position in shares of Bed Bath & Beyond by 7,607.5% during the third quarter. Steward Partners Investment Advisory LLC now owns 3,083 shares of the retailer’s stock worth $32,000 after purchasing an additional 3,043 shares in the last quarter. Penserra Capital Management LLC lifted its position in shares of Bed Bath & Beyond by 25.0% during the third quarter. Penserra Capital Management LLC now owns 3,590 shares of the retailer’s stock worth $38,000 after purchasing an additional 718 shares in the last quarter. Winthrop Partners WNY LLC purchased a new position in shares of Bed Bath & Beyond in the third quarter valued at approximately $43,000. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in shares of Bed Bath & Beyond by 28.8% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 5,165 shares of the retailer’s stock valued at $55,000 after purchasing an additional 1,156 shares during the period.

Bed Bath & Beyond Company Profile (NASDAQ:BBBY)

Bed Bath & Beyond Inc, together with its subsidiaries, operates a chain of retail stores. It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and various juvenile products.

Featured Story: Market Capitalization

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.