5 Investors Betting Big on Bed Bath & Beyond Stock

72
6
Favorite

5 Investors Betting Big on Bed Bath & Beyond Stock

InvestorPlace2022-09-30

BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（6）

neok_S
·2022-09-30
BaBBY, there is still hope with such strong supporters... UP UP & AWAY! [Miser]
Reply
Like
Report
MrKingLee
·2022-09-30
👍
Reply
1
Report
EKT
·2022-09-30
🙏👋
Reply
Like
Report
T202311701
·2022-09-30
哦
Reply
Like
Report
LouisKangean
·2022-09-30
Ok
Reply
3
Report
Prosperity88
·2022-09-30
Yes
Reply
3
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1128113791?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-09-30 13:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1128113791","market":"us","top_or_hot":-1,"title":"5 Investors Betting Big on Bed Bath & Beyond Stock","media":"InvestorPlace","content":"<div>\n<p>BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down ...</p>\n\n<a href=\"https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/\">Source Link</a>\n\n</div>\n","source":"investorplace","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Investors Betting Big on Bed Bath & Beyond Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Investors Betting Big on Bed Bath & Beyond Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-30 13:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down ...</p>\n\n<a href=\"https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BBBY","symbol_name":"3B家居","start_time":0,"source_url":"https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/","article_id":"1128113791","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1128113791","pubTimestamp":1664515169,"columns":[],"sourceInfo":{"source_id":"investorplace","name":"InvestorPlace"},"weMediaInfo":null,"summary":"BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reporte","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BBBY":"3B家居"},"translate_title":"5投资者押注于床浴&超越股票","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BBBY":0.9},"content_text":"BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down more than 50% year-to-date.Shares of Bed Bath & Beyond(NASDAQ:BBBY) have fallen by about 50% in the past month as the company deals with internal management issues, layoffs and excess inventory. Earnings for the second quarter were announced this morning, with revenue coming in at $1.43 billion, falling short of the consensus analyst estimate of $1.47 billion. The loss of $366.2 million steepened significantly from a loss of $73.2 million a year ago. Excluding non-recurring costs, adjusted earnings per share (EPS) tallied in at a loss of $3.22 per share, while analysts were expecting a loss of $1.85.Still, Q2 earnings do not include the impact of Bed Bath’srestructuring plan that was announced last month. As part of the plan, the company closed 150“lower-producing” stores, laid off about 20% of its staff and received $500 million in financing from Sixth Street Partners.In addition, interim CFO Lauren Crossen believes the company is making progress in clearing out inventory as the holiday season nears, explaining: “Of the owned brand inventory that we targeted and was comprised in our reserve, we’ve made headway in Q2 through about 1/3 of that inventory.”As of the end of Q2, Bed Bath had $850 million of cash and cash equivalents on hand and used up $325 million during the quarter. UBS expects the retailer to use up $1.5 billion of cash during the next two years. This company will put the cash toward opening up new BuyBuy Baby stores and investing in nationally branded vendors.It’s clear that Bed Bath is going through an extremely difficult period of time. However, the big question is whether these inefficiencies have already been baked into the price of BBBY stock. These five investors certainly think so.5 Investors Betting Big on BBBY StockTracking institutional ownership is important, as these large investors provide liquidity and price support for stocks. During Q2, 216 13F filers reported owning BBBY, a decline of 24 funds from the previous quarter. On top of that, none of the filers own BBBY in their top 10 positions. Meanwhile, the institutional put/call ratio sits at 0.74, down from 0.85 during the first quarter. This means that institutions own more call options against the company than put options. So, who are Bed Bath & Beyond’s top five shareholders?BlackRock(NYSE:BLK): 12.51 million shares. BlackRock sold 3.08 million shares during Q2.Vanguard: 7.93 million shares. Vanguard sold 2.22 million shares during Q2.State Street(NYSE:STT): 3.3 million shares. State Street sold 371,421 shares during Q2.Citadel Advisors: 2.3 million shares. Citadel purchased 2.26 million shares during Q2 and also owns call options against 2.87 million shares and put options against 1.73 million shares.Susquehanna International Group: 2.01 million shares. Susquehanna purchased 1.33 million shares during Q2 and owns call options against 2.48 million shares and put options against 3.31 million shares.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9916890675,"gmtCreate":1664549606597,"gmtModify":1676537475917,"author":{"id":"4122725766579052","authorId":"4122725766579052","name":"neok_S","avatar":"https://community-static.tradeup.com/news/503e87bb32e32a31ffa71d9d424883fc","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1,"idStr":"4122725766579052","authorIdStr":"4122725766579052"},"htmlText":"BaBBY, there is still hope with such strong supporters... UP UP &amp; AWAY!&nbsp;[Miser]&nbsp;","listText":"BaBBY, there is still hope with such strong supporters... UP UP &amp; AWAY!&nbsp;[Miser]&nbsp;","text":"BaBBY, there is still hope with such strong supporters... UP UP & AWAY! [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916890675","repostId":1128113791,"repostType":2,"repost":{"id":"1128113791","kind":"news","pubTimestamp":1664515169,"share":"https://ttm.financial/m/news/1128113791?lang=&edition=fundamental","pubTime":"2022-09-30 13:19","market":"us","language":"en","title":"5 Investors Betting Big on Bed Bath & Beyond Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1128113791","media":"InvestorPlace","summary":"BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reporte","content":"<html><head></head><body><ul><li><b>BlackRock</b>(<b><u>BLK</u></b>) is the largest shareholder of <b>Bed Bath &amp; Beyond</b>(<b><u>BBBY</u></b>).</li><li>The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.</li><li>Shares of BBBY stock are down more than 50% year-to-date.</li></ul><p>Shares of <b>Bed Bath &amp; Beyond</b>(NASDAQ:<b><u>BBBY</u></b>) have fallen by about 50% in the past month as the company deals with internal management issues, layoffs and excess inventory. Earnings for the second quarter were announced this morning, with revenue coming in at $1.43 billion, falling short of the consensus analyst estimate of $1.47 billion. The loss of $366.2 million steepened significantly from a loss of $73.2 million a year ago. Excluding non-recurring costs, adjusted earnings per share (<b>EPS</b>) tallied in at a loss of $3.22 per share, while analysts were expecting a loss of $1.85.</p><p>Still, Q2 earnings do not include the impact of Bed Bath’srestructuring plan that was announced last month. As part of the plan, the company closed 150“lower-producing” stores, laid off about 20% of its staff and received $500 million in financing from <b>Sixth Street Partners.</b></p><p>In addition, interim CFO Lauren Crossen believes the company is making progress in clearing out inventory as the holiday season nears, explaining: “Of the owned brand inventory that we targeted and was comprised in our reserve, we’ve made headway in Q2 through about 1/3 of that inventory.”</p><p>As of the end of Q2, Bed Bath had $850 million of cash and cash equivalents on hand and used up $325 million during the quarter. UBS expects the retailer to use up $1.5 billion of cash during the next two years. This company will put the cash toward opening up new BuyBuy Baby stores and investing in nationally branded vendors.</p><p>It’s clear that Bed Bath is going through an extremely difficult period of time. However, the big question is whether these inefficiencies have already been baked into the price of BBBY stock. These five investors certainly think so.</p><p><b>5 Investors Betting Big on BBBY Stock</b></p><p>Tracking institutional ownership is important, as these large investors provide liquidity and price support for stocks. During Q2, 216 13F filers reported owning BBBY, a decline of 24 funds from the previous quarter. On top of that, none of the filers own BBBY in their top 10 positions. Meanwhile, the institutional put/call ratio sits at 0.74, down from 0.85 during the first quarter. This means that institutions own more call options against the company than put options. So, who are Bed Bath &amp; Beyond’s top five shareholders?</p><ol><li><b>BlackRock</b>(NYSE:<b><u>BLK</u></b>): 12.51 million shares. BlackRock sold 3.08 million shares during Q2.</li><li><b>Vanguard</b>: 7.93 million shares. Vanguard sold 2.22 million shares during Q2.</li><li><b>State Street</b>(NYSE:<b><u>STT</u></b>): 3.3 million shares. State Street sold 371,421 shares during Q2.</li><li><b>Citadel Advisors</b>: 2.3 million shares. Citadel purchased 2.26 million shares during Q2 and also owns call options against 2.87 million shares and put options against 1.73 million shares.</li><li><b>Susquehanna International Group</b>: 2.01 million shares. Susquehanna purchased 1.33 million shares during Q2 and owns call options against 2.48 million shares and put options against 3.31 million shares.</li></ol></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Investors Betting Big on Bed Bath & Beyond Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Investors Betting Big on Bed Bath & Beyond Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-30 13:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down ...</p>\n\n<a href=\"https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128113791","content_text":"BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down more than 50% year-to-date.Shares of Bed Bath & Beyond(NASDAQ:BBBY) have fallen by about 50% in the past month as the company deals with internal management issues, layoffs and excess inventory. Earnings for the second quarter were announced this morning, with revenue coming in at $1.43 billion, falling short of the consensus analyst estimate of $1.47 billion. The loss of $366.2 million steepened significantly from a loss of $73.2 million a year ago. Excluding non-recurring costs, adjusted earnings per share (EPS) tallied in at a loss of $3.22 per share, while analysts were expecting a loss of $1.85.Still, Q2 earnings do not include the impact of Bed Bath’srestructuring plan that was announced last month. As part of the plan, the company closed 150“lower-producing” stores, laid off about 20% of its staff and received $500 million in financing from Sixth Street Partners.In addition, interim CFO Lauren Crossen believes the company is making progress in clearing out inventory as the holiday season nears, explaining: “Of the owned brand inventory that we targeted and was comprised in our reserve, we’ve made headway in Q2 through about 1/3 of that inventory.”As of the end of Q2, Bed Bath had $850 million of cash and cash equivalents on hand and used up $325 million during the quarter. UBS expects the retailer to use up $1.5 billion of cash during the next two years. This company will put the cash toward opening up new BuyBuy Baby stores and investing in nationally branded vendors.It’s clear that Bed Bath is going through an extremely difficult period of time. However, the big question is whether these inefficiencies have already been baked into the price of BBBY stock. These five investors certainly think so.5 Investors Betting Big on BBBY StockTracking institutional ownership is important, as these large investors provide liquidity and price support for stocks. During Q2, 216 13F filers reported owning BBBY, a decline of 24 funds from the previous quarter. On top of that, none of the filers own BBBY in their top 10 positions. Meanwhile, the institutional put/call ratio sits at 0.74, down from 0.85 during the first quarter. This means that institutions own more call options against the company than put options. So, who are Bed Bath & Beyond’s top five shareholders?BlackRock(NYSE:BLK): 12.51 million shares. BlackRock sold 3.08 million shares during Q2.Vanguard: 7.93 million shares. Vanguard sold 2.22 million shares during Q2.State Street(NYSE:STT): 3.3 million shares. State Street sold 371,421 shares during Q2.Citadel Advisors: 2.3 million shares. Citadel purchased 2.26 million shares during Q2 and also owns call options against 2.87 million shares and put options against 1.73 million shares.Susquehanna International Group: 2.01 million shares. Susquehanna purchased 1.33 million shares during Q2 and owns call options against 2.48 million shares and put options against 3.31 million shares.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9916156071,"gmtCreate":1664541994693,"gmtModify":1676537474393,"author":{"id":"3579183979292094","authorId":"3579183979292094","name":"MrKingLee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579183979292094","authorIdStr":"3579183979292094"},"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916156071","repostId":1128113791,"repostType":4,"repost":{"id":"1128113791","kind":"news","pubTimestamp":1664515169,"share":"https://ttm.financial/m/news/1128113791?lang=&edition=fundamental","pubTime":"2022-09-30 13:19","market":"us","language":"en","title":"5 Investors Betting Big on Bed Bath & Beyond Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1128113791","media":"InvestorPlace","summary":"BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reporte","content":"<html><head></head><body><ul><li><b>BlackRock</b>(<b><u>BLK</u></b>) is the largest shareholder of <b>Bed Bath &amp; Beyond</b>(<b><u>BBBY</u></b>).</li><li>The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.</li><li>Shares of BBBY stock are down more than 50% year-to-date.</li></ul><p>Shares of <b>Bed Bath &amp; Beyond</b>(NASDAQ:<b><u>BBBY</u></b>) have fallen by about 50% in the past month as the company deals with internal management issues, layoffs and excess inventory. Earnings for the second quarter were announced this morning, with revenue coming in at $1.43 billion, falling short of the consensus analyst estimate of $1.47 billion. The loss of $366.2 million steepened significantly from a loss of $73.2 million a year ago. Excluding non-recurring costs, adjusted earnings per share (<b>EPS</b>) tallied in at a loss of $3.22 per share, while analysts were expecting a loss of $1.85.</p><p>Still, Q2 earnings do not include the impact of Bed Bath’srestructuring plan that was announced last month. As part of the plan, the company closed 150“lower-producing” stores, laid off about 20% of its staff and received $500 million in financing from <b>Sixth Street Partners.</b></p><p>In addition, interim CFO Lauren Crossen believes the company is making progress in clearing out inventory as the holiday season nears, explaining: “Of the owned brand inventory that we targeted and was comprised in our reserve, we’ve made headway in Q2 through about 1/3 of that inventory.”</p><p>As of the end of Q2, Bed Bath had $850 million of cash and cash equivalents on hand and used up $325 million during the quarter. UBS expects the retailer to use up $1.5 billion of cash during the next two years. This company will put the cash toward opening up new BuyBuy Baby stores and investing in nationally branded vendors.</p><p>It’s clear that Bed Bath is going through an extremely difficult period of time. However, the big question is whether these inefficiencies have already been baked into the price of BBBY stock. These five investors certainly think so.</p><p><b>5 Investors Betting Big on BBBY Stock</b></p><p>Tracking institutional ownership is important, as these large investors provide liquidity and price support for stocks. During Q2, 216 13F filers reported owning BBBY, a decline of 24 funds from the previous quarter. On top of that, none of the filers own BBBY in their top 10 positions. Meanwhile, the institutional put/call ratio sits at 0.74, down from 0.85 during the first quarter. This means that institutions own more call options against the company than put options. So, who are Bed Bath &amp; Beyond’s top five shareholders?</p><ol><li><b>BlackRock</b>(NYSE:<b><u>BLK</u></b>): 12.51 million shares. BlackRock sold 3.08 million shares during Q2.</li><li><b>Vanguard</b>: 7.93 million shares. Vanguard sold 2.22 million shares during Q2.</li><li><b>State Street</b>(NYSE:<b><u>STT</u></b>): 3.3 million shares. State Street sold 371,421 shares during Q2.</li><li><b>Citadel Advisors</b>: 2.3 million shares. Citadel purchased 2.26 million shares during Q2 and also owns call options against 2.87 million shares and put options against 1.73 million shares.</li><li><b>Susquehanna International Group</b>: 2.01 million shares. Susquehanna purchased 1.33 million shares during Q2 and owns call options against 2.48 million shares and put options against 3.31 million shares.</li></ol></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Investors Betting Big on Bed Bath & Beyond Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Investors Betting Big on Bed Bath & Beyond Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-30 13:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down ...</p>\n\n<a href=\"https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128113791","content_text":"BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down more than 50% year-to-date.Shares of Bed Bath & Beyond(NASDAQ:BBBY) have fallen by about 50% in the past month as the company deals with internal management issues, layoffs and excess inventory. Earnings for the second quarter were announced this morning, with revenue coming in at $1.43 billion, falling short of the consensus analyst estimate of $1.47 billion. The loss of $366.2 million steepened significantly from a loss of $73.2 million a year ago. Excluding non-recurring costs, adjusted earnings per share (EPS) tallied in at a loss of $3.22 per share, while analysts were expecting a loss of $1.85.Still, Q2 earnings do not include the impact of Bed Bath’srestructuring plan that was announced last month. As part of the plan, the company closed 150“lower-producing” stores, laid off about 20% of its staff and received $500 million in financing from Sixth Street Partners.In addition, interim CFO Lauren Crossen believes the company is making progress in clearing out inventory as the holiday season nears, explaining: “Of the owned brand inventory that we targeted and was comprised in our reserve, we’ve made headway in Q2 through about 1/3 of that inventory.”As of the end of Q2, Bed Bath had $850 million of cash and cash equivalents on hand and used up $325 million during the quarter. UBS expects the retailer to use up $1.5 billion of cash during the next two years. This company will put the cash toward opening up new BuyBuy Baby stores and investing in nationally branded vendors.It’s clear that Bed Bath is going through an extremely difficult period of time. However, the big question is whether these inefficiencies have already been baked into the price of BBBY stock. These five investors certainly think so.5 Investors Betting Big on BBBY StockTracking institutional ownership is important, as these large investors provide liquidity and price support for stocks. During Q2, 216 13F filers reported owning BBBY, a decline of 24 funds from the previous quarter. On top of that, none of the filers own BBBY in their top 10 positions. Meanwhile, the institutional put/call ratio sits at 0.74, down from 0.85 during the first quarter. This means that institutions own more call options against the company than put options. So, who are Bed Bath & Beyond’s top five shareholders?BlackRock(NYSE:BLK): 12.51 million shares. BlackRock sold 3.08 million shares during Q2.Vanguard: 7.93 million shares. Vanguard sold 2.22 million shares during Q2.State Street(NYSE:STT): 3.3 million shares. State Street sold 371,421 shares during Q2.Citadel Advisors: 2.3 million shares. Citadel purchased 2.26 million shares during Q2 and also owns call options against 2.87 million shares and put options against 1.73 million shares.Susquehanna International Group: 2.01 million shares. Susquehanna purchased 1.33 million shares during Q2 and owns call options against 2.48 million shares and put options against 3.31 million shares.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9916139502,"gmtCreate":1664528546407,"gmtModify":1676537472366,"author":{"id":"3569624208133637","authorId":"3569624208133637","name":"EKT","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3569624208133637","authorIdStr":"3569624208133637"},"htmlText":"🙏👋","listText":"🙏👋","text":"🙏👋","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916139502","repostId":1128113791,"repostType":4,"repost":{"id":"1128113791","kind":"news","pubTimestamp":1664515169,"share":"https://ttm.financial/m/news/1128113791?lang=&edition=fundamental","pubTime":"2022-09-30 13:19","market":"us","language":"en","title":"5 Investors Betting Big on Bed Bath & Beyond Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1128113791","media":"InvestorPlace","summary":"BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reporte","content":"<html><head></head><body><ul><li><b>BlackRock</b>(<b><u>BLK</u></b>) is the largest shareholder of <b>Bed Bath &amp; Beyond</b>(<b><u>BBBY</u></b>).</li><li>The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.</li><li>Shares of BBBY stock are down more than 50% year-to-date.</li></ul><p>Shares of <b>Bed Bath &amp; Beyond</b>(NASDAQ:<b><u>BBBY</u></b>) have fallen by about 50% in the past month as the company deals with internal management issues, layoffs and excess inventory. Earnings for the second quarter were announced this morning, with revenue coming in at $1.43 billion, falling short of the consensus analyst estimate of $1.47 billion. The loss of $366.2 million steepened significantly from a loss of $73.2 million a year ago. Excluding non-recurring costs, adjusted earnings per share (<b>EPS</b>) tallied in at a loss of $3.22 per share, while analysts were expecting a loss of $1.85.</p><p>Still, Q2 earnings do not include the impact of Bed Bath’srestructuring plan that was announced last month. As part of the plan, the company closed 150“lower-producing” stores, laid off about 20% of its staff and received $500 million in financing from <b>Sixth Street Partners.</b></p><p>In addition, interim CFO Lauren Crossen believes the company is making progress in clearing out inventory as the holiday season nears, explaining: “Of the owned brand inventory that we targeted and was comprised in our reserve, we’ve made headway in Q2 through about 1/3 of that inventory.”</p><p>As of the end of Q2, Bed Bath had $850 million of cash and cash equivalents on hand and used up $325 million during the quarter. UBS expects the retailer to use up $1.5 billion of cash during the next two years. This company will put the cash toward opening up new BuyBuy Baby stores and investing in nationally branded vendors.</p><p>It’s clear that Bed Bath is going through an extremely difficult period of time. However, the big question is whether these inefficiencies have already been baked into the price of BBBY stock. These five investors certainly think so.</p><p><b>5 Investors Betting Big on BBBY Stock</b></p><p>Tracking institutional ownership is important, as these large investors provide liquidity and price support for stocks. During Q2, 216 13F filers reported owning BBBY, a decline of 24 funds from the previous quarter. On top of that, none of the filers own BBBY in their top 10 positions. Meanwhile, the institutional put/call ratio sits at 0.74, down from 0.85 during the first quarter. This means that institutions own more call options against the company than put options. So, who are Bed Bath &amp; Beyond’s top five shareholders?</p><ol><li><b>BlackRock</b>(NYSE:<b><u>BLK</u></b>): 12.51 million shares. BlackRock sold 3.08 million shares during Q2.</li><li><b>Vanguard</b>: 7.93 million shares. Vanguard sold 2.22 million shares during Q2.</li><li><b>State Street</b>(NYSE:<b><u>STT</u></b>): 3.3 million shares. State Street sold 371,421 shares during Q2.</li><li><b>Citadel Advisors</b>: 2.3 million shares. Citadel purchased 2.26 million shares during Q2 and also owns call options against 2.87 million shares and put options against 1.73 million shares.</li><li><b>Susquehanna International Group</b>: 2.01 million shares. Susquehanna purchased 1.33 million shares during Q2 and owns call options against 2.48 million shares and put options against 3.31 million shares.</li></ol></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Investors Betting Big on Bed Bath & Beyond Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Investors Betting Big on Bed Bath & Beyond Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-30 13:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down ...</p>\n\n<a href=\"https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128113791","content_text":"BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down more than 50% year-to-date.Shares of Bed Bath & Beyond(NASDAQ:BBBY) have fallen by about 50% in the past month as the company deals with internal management issues, layoffs and excess inventory. Earnings for the second quarter were announced this morning, with revenue coming in at $1.43 billion, falling short of the consensus analyst estimate of $1.47 billion. The loss of $366.2 million steepened significantly from a loss of $73.2 million a year ago. Excluding non-recurring costs, adjusted earnings per share (EPS) tallied in at a loss of $3.22 per share, while analysts were expecting a loss of $1.85.Still, Q2 earnings do not include the impact of Bed Bath’srestructuring plan that was announced last month. As part of the plan, the company closed 150“lower-producing” stores, laid off about 20% of its staff and received $500 million in financing from Sixth Street Partners.In addition, interim CFO Lauren Crossen believes the company is making progress in clearing out inventory as the holiday season nears, explaining: “Of the owned brand inventory that we targeted and was comprised in our reserve, we’ve made headway in Q2 through about 1/3 of that inventory.”As of the end of Q2, Bed Bath had $850 million of cash and cash equivalents on hand and used up $325 million during the quarter. UBS expects the retailer to use up $1.5 billion of cash during the next two years. This company will put the cash toward opening up new BuyBuy Baby stores and investing in nationally branded vendors.It’s clear that Bed Bath is going through an extremely difficult period of time. However, the big question is whether these inefficiencies have already been baked into the price of BBBY stock. These five investors certainly think so.5 Investors Betting Big on BBBY StockTracking institutional ownership is important, as these large investors provide liquidity and price support for stocks. During Q2, 216 13F filers reported owning BBBY, a decline of 24 funds from the previous quarter. On top of that, none of the filers own BBBY in their top 10 positions. Meanwhile, the institutional put/call ratio sits at 0.74, down from 0.85 during the first quarter. This means that institutions own more call options against the company than put options. So, who are Bed Bath & Beyond’s top five shareholders?BlackRock(NYSE:BLK): 12.51 million shares. BlackRock sold 3.08 million shares during Q2.Vanguard: 7.93 million shares. Vanguard sold 2.22 million shares during Q2.State Street(NYSE:STT): 3.3 million shares. State Street sold 371,421 shares during Q2.Citadel Advisors: 2.3 million shares. Citadel purchased 2.26 million shares during Q2 and also owns call options against 2.87 million shares and put options against 1.73 million shares.Susquehanna International Group: 2.01 million shares. Susquehanna purchased 1.33 million shares during Q2 and owns call options against 2.48 million shares and put options against 3.31 million shares.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9916108858,"gmtCreate":1664524952474,"gmtModify":1676537471616,"author":{"id":"4115257325505790","authorId":"4115257325505790","name":"T202311701","avatar":"https://community-static.tradeup.com/news/816311e9879fbae4e952e2a5386f68ca","vip":1,"crmLevel":9,"crmLevelSwitch":0,"idStr":"4115257325505790","authorIdStr":"4115257325505790"},"htmlText":"哦","listText":"哦","text":"哦","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916108858","repostId":1128113791,"repostType":4,"repost":{"id":"1128113791","kind":"news","pubTimestamp":1664515169,"share":"https://ttm.financial/m/news/1128113791?lang=&edition=fundamental","pubTime":"2022-09-30 13:19","market":"us","language":"en","title":"5 Investors Betting Big on Bed Bath & Beyond Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1128113791","media":"InvestorPlace","summary":"BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reporte","content":"<html><head></head><body><ul><li><b>BlackRock</b>(<b><u>BLK</u></b>) is the largest shareholder of <b>Bed Bath &amp; Beyond</b>(<b><u>BBBY</u></b>).</li><li>The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.</li><li>Shares of BBBY stock are down more than 50% year-to-date.</li></ul><p>Shares of <b>Bed Bath &amp; Beyond</b>(NASDAQ:<b><u>BBBY</u></b>) have fallen by about 50% in the past month as the company deals with internal management issues, layoffs and excess inventory. Earnings for the second quarter were announced this morning, with revenue coming in at $1.43 billion, falling short of the consensus analyst estimate of $1.47 billion. The loss of $366.2 million steepened significantly from a loss of $73.2 million a year ago. Excluding non-recurring costs, adjusted earnings per share (<b>EPS</b>) tallied in at a loss of $3.22 per share, while analysts were expecting a loss of $1.85.</p><p>Still, Q2 earnings do not include the impact of Bed Bath’srestructuring plan that was announced last month. As part of the plan, the company closed 150“lower-producing” stores, laid off about 20% of its staff and received $500 million in financing from <b>Sixth Street Partners.</b></p><p>In addition, interim CFO Lauren Crossen believes the company is making progress in clearing out inventory as the holiday season nears, explaining: “Of the owned brand inventory that we targeted and was comprised in our reserve, we’ve made headway in Q2 through about 1/3 of that inventory.”</p><p>As of the end of Q2, Bed Bath had $850 million of cash and cash equivalents on hand and used up $325 million during the quarter. UBS expects the retailer to use up $1.5 billion of cash during the next two years. This company will put the cash toward opening up new BuyBuy Baby stores and investing in nationally branded vendors.</p><p>It’s clear that Bed Bath is going through an extremely difficult period of time. However, the big question is whether these inefficiencies have already been baked into the price of BBBY stock. These five investors certainly think so.</p><p><b>5 Investors Betting Big on BBBY Stock</b></p><p>Tracking institutional ownership is important, as these large investors provide liquidity and price support for stocks. During Q2, 216 13F filers reported owning BBBY, a decline of 24 funds from the previous quarter. On top of that, none of the filers own BBBY in their top 10 positions. Meanwhile, the institutional put/call ratio sits at 0.74, down from 0.85 during the first quarter. This means that institutions own more call options against the company than put options. So, who are Bed Bath &amp; Beyond’s top five shareholders?</p><ol><li><b>BlackRock</b>(NYSE:<b><u>BLK</u></b>): 12.51 million shares. BlackRock sold 3.08 million shares during Q2.</li><li><b>Vanguard</b>: 7.93 million shares. Vanguard sold 2.22 million shares during Q2.</li><li><b>State Street</b>(NYSE:<b><u>STT</u></b>): 3.3 million shares. State Street sold 371,421 shares during Q2.</li><li><b>Citadel Advisors</b>: 2.3 million shares. Citadel purchased 2.26 million shares during Q2 and also owns call options against 2.87 million shares and put options against 1.73 million shares.</li><li><b>Susquehanna International Group</b>: 2.01 million shares. Susquehanna purchased 1.33 million shares during Q2 and owns call options against 2.48 million shares and put options against 3.31 million shares.</li></ol></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Investors Betting Big on Bed Bath & Beyond Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Investors Betting Big on Bed Bath & Beyond Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-30 13:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down ...</p>\n\n<a href=\"https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128113791","content_text":"BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down more than 50% year-to-date.Shares of Bed Bath & Beyond(NASDAQ:BBBY) have fallen by about 50% in the past month as the company deals with internal management issues, layoffs and excess inventory. Earnings for the second quarter were announced this morning, with revenue coming in at $1.43 billion, falling short of the consensus analyst estimate of $1.47 billion. The loss of $366.2 million steepened significantly from a loss of $73.2 million a year ago. Excluding non-recurring costs, adjusted earnings per share (EPS) tallied in at a loss of $3.22 per share, while analysts were expecting a loss of $1.85.Still, Q2 earnings do not include the impact of Bed Bath’srestructuring plan that was announced last month. As part of the plan, the company closed 150“lower-producing” stores, laid off about 20% of its staff and received $500 million in financing from Sixth Street Partners.In addition, interim CFO Lauren Crossen believes the company is making progress in clearing out inventory as the holiday season nears, explaining: “Of the owned brand inventory that we targeted and was comprised in our reserve, we’ve made headway in Q2 through about 1/3 of that inventory.”As of the end of Q2, Bed Bath had $850 million of cash and cash equivalents on hand and used up $325 million during the quarter. UBS expects the retailer to use up $1.5 billion of cash during the next two years. This company will put the cash toward opening up new BuyBuy Baby stores and investing in nationally branded vendors.It’s clear that Bed Bath is going through an extremely difficult period of time. However, the big question is whether these inefficiencies have already been baked into the price of BBBY stock. These five investors certainly think so.5 Investors Betting Big on BBBY StockTracking institutional ownership is important, as these large investors provide liquidity and price support for stocks. During Q2, 216 13F filers reported owning BBBY, a decline of 24 funds from the previous quarter. On top of that, none of the filers own BBBY in their top 10 positions. Meanwhile, the institutional put/call ratio sits at 0.74, down from 0.85 during the first quarter. This means that institutions own more call options against the company than put options. So, who are Bed Bath & Beyond’s top five shareholders?BlackRock(NYSE:BLK): 12.51 million shares. BlackRock sold 3.08 million shares during Q2.Vanguard: 7.93 million shares. Vanguard sold 2.22 million shares during Q2.State Street(NYSE:STT): 3.3 million shares. State Street sold 371,421 shares during Q2.Citadel Advisors: 2.3 million shares. Citadel purchased 2.26 million shares during Q2 and also owns call options against 2.87 million shares and put options against 1.73 million shares.Susquehanna International Group: 2.01 million shares. Susquehanna purchased 1.33 million shares during Q2 and owns call options against 2.48 million shares and put options against 3.31 million shares.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":9916372388,"gmtCreate":1664521985244,"gmtModify":1676537471197,"author":{"id":"4122446833153522","authorId":"4122446833153522","name":"LouisKangean","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":1,"crmLevelSwitch":1,"idStr":"4122446833153522","authorIdStr":"4122446833153522"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916372388","repostId":1128113791,"repostType":4,"repost":{"id":"1128113791","kind":"news","pubTimestamp":1664515169,"share":"https://ttm.financial/m/news/1128113791?lang=&edition=fundamental","pubTime":"2022-09-30 13:19","market":"us","language":"en","title":"5 Investors Betting Big on Bed Bath & Beyond Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1128113791","media":"InvestorPlace","summary":"BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reporte","content":"<html><head></head><body><ul><li><b>BlackRock</b>(<b><u>BLK</u></b>) is the largest shareholder of <b>Bed Bath &amp; Beyond</b>(<b><u>BBBY</u></b>).</li><li>The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.</li><li>Shares of BBBY stock are down more than 50% year-to-date.</li></ul><p>Shares of <b>Bed Bath &amp; Beyond</b>(NASDAQ:<b><u>BBBY</u></b>) have fallen by about 50% in the past month as the company deals with internal management issues, layoffs and excess inventory. Earnings for the second quarter were announced this morning, with revenue coming in at $1.43 billion, falling short of the consensus analyst estimate of $1.47 billion. The loss of $366.2 million steepened significantly from a loss of $73.2 million a year ago. Excluding non-recurring costs, adjusted earnings per share (<b>EPS</b>) tallied in at a loss of $3.22 per share, while analysts were expecting a loss of $1.85.</p><p>Still, Q2 earnings do not include the impact of Bed Bath’srestructuring plan that was announced last month. As part of the plan, the company closed 150“lower-producing” stores, laid off about 20% of its staff and received $500 million in financing from <b>Sixth Street Partners.</b></p><p>In addition, interim CFO Lauren Crossen believes the company is making progress in clearing out inventory as the holiday season nears, explaining: “Of the owned brand inventory that we targeted and was comprised in our reserve, we’ve made headway in Q2 through about 1/3 of that inventory.”</p><p>As of the end of Q2, Bed Bath had $850 million of cash and cash equivalents on hand and used up $325 million during the quarter. UBS expects the retailer to use up $1.5 billion of cash during the next two years. This company will put the cash toward opening up new BuyBuy Baby stores and investing in nationally branded vendors.</p><p>It’s clear that Bed Bath is going through an extremely difficult period of time. However, the big question is whether these inefficiencies have already been baked into the price of BBBY stock. These five investors certainly think so.</p><p><b>5 Investors Betting Big on BBBY Stock</b></p><p>Tracking institutional ownership is important, as these large investors provide liquidity and price support for stocks. During Q2, 216 13F filers reported owning BBBY, a decline of 24 funds from the previous quarter. On top of that, none of the filers own BBBY in their top 10 positions. Meanwhile, the institutional put/call ratio sits at 0.74, down from 0.85 during the first quarter. This means that institutions own more call options against the company than put options. So, who are Bed Bath &amp; Beyond’s top five shareholders?</p><ol><li><b>BlackRock</b>(NYSE:<b><u>BLK</u></b>): 12.51 million shares. BlackRock sold 3.08 million shares during Q2.</li><li><b>Vanguard</b>: 7.93 million shares. Vanguard sold 2.22 million shares during Q2.</li><li><b>State Street</b>(NYSE:<b><u>STT</u></b>): 3.3 million shares. State Street sold 371,421 shares during Q2.</li><li><b>Citadel Advisors</b>: 2.3 million shares. Citadel purchased 2.26 million shares during Q2 and also owns call options against 2.87 million shares and put options against 1.73 million shares.</li><li><b>Susquehanna International Group</b>: 2.01 million shares. Susquehanna purchased 1.33 million shares during Q2 and owns call options against 2.48 million shares and put options against 3.31 million shares.</li></ol></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Investors Betting Big on Bed Bath & Beyond Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Investors Betting Big on Bed Bath & Beyond Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-30 13:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down ...</p>\n\n<a href=\"https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128113791","content_text":"BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down more than 50% year-to-date.Shares of Bed Bath & Beyond(NASDAQ:BBBY) have fallen by about 50% in the past month as the company deals with internal management issues, layoffs and excess inventory. Earnings for the second quarter were announced this morning, with revenue coming in at $1.43 billion, falling short of the consensus analyst estimate of $1.47 billion. The loss of $366.2 million steepened significantly from a loss of $73.2 million a year ago. Excluding non-recurring costs, adjusted earnings per share (EPS) tallied in at a loss of $3.22 per share, while analysts were expecting a loss of $1.85.Still, Q2 earnings do not include the impact of Bed Bath’srestructuring plan that was announced last month. As part of the plan, the company closed 150“lower-producing” stores, laid off about 20% of its staff and received $500 million in financing from Sixth Street Partners.In addition, interim CFO Lauren Crossen believes the company is making progress in clearing out inventory as the holiday season nears, explaining: “Of the owned brand inventory that we targeted and was comprised in our reserve, we’ve made headway in Q2 through about 1/3 of that inventory.”As of the end of Q2, Bed Bath had $850 million of cash and cash equivalents on hand and used up $325 million during the quarter. UBS expects the retailer to use up $1.5 billion of cash during the next two years. This company will put the cash toward opening up new BuyBuy Baby stores and investing in nationally branded vendors.It’s clear that Bed Bath is going through an extremely difficult period of time. However, the big question is whether these inefficiencies have already been baked into the price of BBBY stock. These five investors certainly think so.5 Investors Betting Big on BBBY StockTracking institutional ownership is important, as these large investors provide liquidity and price support for stocks. During Q2, 216 13F filers reported owning BBBY, a decline of 24 funds from the previous quarter. On top of that, none of the filers own BBBY in their top 10 positions. Meanwhile, the institutional put/call ratio sits at 0.74, down from 0.85 during the first quarter. This means that institutions own more call options against the company than put options. So, who are Bed Bath & Beyond’s top five shareholders?BlackRock(NYSE:BLK): 12.51 million shares. BlackRock sold 3.08 million shares during Q2.Vanguard: 7.93 million shares. Vanguard sold 2.22 million shares during Q2.State Street(NYSE:STT): 3.3 million shares. State Street sold 371,421 shares during Q2.Citadel Advisors: 2.3 million shares. Citadel purchased 2.26 million shares during Q2 and also owns call options against 2.87 million shares and put options against 1.73 million shares.Susquehanna International Group: 2.01 million shares. Susquehanna purchased 1.33 million shares during Q2 and owns call options against 2.48 million shares and put options against 3.31 million shares.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9916354280,"gmtCreate":1664517087440,"gmtModify":1676537470397,"author":{"id":"3569644599778803","authorId":"3569644599778803","name":"Prosperity88","avatar":"https://static.tigerbbs.com/673e75041219828ee5fce0d5b00ebbfe","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3569644599778803","authorIdStr":"3569644599778803"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916354280","repostId":1128113791,"repostType":4,"repost":{"id":"1128113791","kind":"news","pubTimestamp":1664515169,"share":"https://ttm.financial/m/news/1128113791?lang=&edition=fundamental","pubTime":"2022-09-30 13:19","market":"us","language":"en","title":"5 Investors Betting Big on Bed Bath & Beyond Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1128113791","media":"InvestorPlace","summary":"BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reporte","content":"<html><head></head><body><ul><li><b>BlackRock</b>(<b><u>BLK</u></b>) is the largest shareholder of <b>Bed Bath &amp; Beyond</b>(<b><u>BBBY</u></b>).</li><li>The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.</li><li>Shares of BBBY stock are down more than 50% year-to-date.</li></ul><p>Shares of <b>Bed Bath &amp; Beyond</b>(NASDAQ:<b><u>BBBY</u></b>) have fallen by about 50% in the past month as the company deals with internal management issues, layoffs and excess inventory. Earnings for the second quarter were announced this morning, with revenue coming in at $1.43 billion, falling short of the consensus analyst estimate of $1.47 billion. The loss of $366.2 million steepened significantly from a loss of $73.2 million a year ago. Excluding non-recurring costs, adjusted earnings per share (<b>EPS</b>) tallied in at a loss of $3.22 per share, while analysts were expecting a loss of $1.85.</p><p>Still, Q2 earnings do not include the impact of Bed Bath’srestructuring plan that was announced last month. As part of the plan, the company closed 150“lower-producing” stores, laid off about 20% of its staff and received $500 million in financing from <b>Sixth Street Partners.</b></p><p>In addition, interim CFO Lauren Crossen believes the company is making progress in clearing out inventory as the holiday season nears, explaining: “Of the owned brand inventory that we targeted and was comprised in our reserve, we’ve made headway in Q2 through about 1/3 of that inventory.”</p><p>As of the end of Q2, Bed Bath had $850 million of cash and cash equivalents on hand and used up $325 million during the quarter. UBS expects the retailer to use up $1.5 billion of cash during the next two years. This company will put the cash toward opening up new BuyBuy Baby stores and investing in nationally branded vendors.</p><p>It’s clear that Bed Bath is going through an extremely difficult period of time. However, the big question is whether these inefficiencies have already been baked into the price of BBBY stock. These five investors certainly think so.</p><p><b>5 Investors Betting Big on BBBY Stock</b></p><p>Tracking institutional ownership is important, as these large investors provide liquidity and price support for stocks. During Q2, 216 13F filers reported owning BBBY, a decline of 24 funds from the previous quarter. On top of that, none of the filers own BBBY in their top 10 positions. Meanwhile, the institutional put/call ratio sits at 0.74, down from 0.85 during the first quarter. This means that institutions own more call options against the company than put options. So, who are Bed Bath &amp; Beyond’s top five shareholders?</p><ol><li><b>BlackRock</b>(NYSE:<b><u>BLK</u></b>): 12.51 million shares. BlackRock sold 3.08 million shares during Q2.</li><li><b>Vanguard</b>: 7.93 million shares. Vanguard sold 2.22 million shares during Q2.</li><li><b>State Street</b>(NYSE:<b><u>STT</u></b>): 3.3 million shares. State Street sold 371,421 shares during Q2.</li><li><b>Citadel Advisors</b>: 2.3 million shares. Citadel purchased 2.26 million shares during Q2 and also owns call options against 2.87 million shares and put options against 1.73 million shares.</li><li><b>Susquehanna International Group</b>: 2.01 million shares. Susquehanna purchased 1.33 million shares during Q2 and owns call options against 2.48 million shares and put options against 3.31 million shares.</li></ol></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Investors Betting Big on Bed Bath & Beyond Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Investors Betting Big on Bed Bath & Beyond Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-30 13:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down ...</p>\n\n<a href=\"https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://investorplace.com/2022/09/5-investors-betting-big-on-bed-bath-beyond-bbby-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128113791","content_text":"BlackRock(BLK) is the largest shareholder of Bed Bath & Beyond(BBBY).The struggling retailer reported its earnings this morning, with revenue coming in at $1.43 billion.Shares of BBBY stock are down more than 50% year-to-date.Shares of Bed Bath & Beyond(NASDAQ:BBBY) have fallen by about 50% in the past month as the company deals with internal management issues, layoffs and excess inventory. Earnings for the second quarter were announced this morning, with revenue coming in at $1.43 billion, falling short of the consensus analyst estimate of $1.47 billion. The loss of $366.2 million steepened significantly from a loss of $73.2 million a year ago. Excluding non-recurring costs, adjusted earnings per share (EPS) tallied in at a loss of $3.22 per share, while analysts were expecting a loss of $1.85.Still, Q2 earnings do not include the impact of Bed Bath’srestructuring plan that was announced last month. As part of the plan, the company closed 150“lower-producing” stores, laid off about 20% of its staff and received $500 million in financing from Sixth Street Partners.In addition, interim CFO Lauren Crossen believes the company is making progress in clearing out inventory as the holiday season nears, explaining: “Of the owned brand inventory that we targeted and was comprised in our reserve, we’ve made headway in Q2 through about 1/3 of that inventory.”As of the end of Q2, Bed Bath had $850 million of cash and cash equivalents on hand and used up $325 million during the quarter. UBS expects the retailer to use up $1.5 billion of cash during the next two years. This company will put the cash toward opening up new BuyBuy Baby stores and investing in nationally branded vendors.It’s clear that Bed Bath is going through an extremely difficult period of time. However, the big question is whether these inefficiencies have already been baked into the price of BBBY stock. These five investors certainly think so.5 Investors Betting Big on BBBY StockTracking institutional ownership is important, as these large investors provide liquidity and price support for stocks. During Q2, 216 13F filers reported owning BBBY, a decline of 24 funds from the previous quarter. On top of that, none of the filers own BBBY in their top 10 positions. Meanwhile, the institutional put/call ratio sits at 0.74, down from 0.85 during the first quarter. This means that institutions own more call options against the company than put options. So, who are Bed Bath & Beyond’s top five shareholders?BlackRock(NYSE:BLK): 12.51 million shares. BlackRock sold 3.08 million shares during Q2.Vanguard: 7.93 million shares. Vanguard sold 2.22 million shares during Q2.State Street(NYSE:STT): 3.3 million shares. State Street sold 371,421 shares during Q2.Citadel Advisors: 2.3 million shares. Citadel purchased 2.26 million shares during Q2 and also owns call options against 2.87 million shares and put options against 1.73 million shares.Susquehanna International Group: 2.01 million shares. Susquehanna purchased 1.33 million shares during Q2 and owns call options against 2.48 million shares and put options against 3.31 million shares.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":72,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}