Best Buy INC (BBY) Shareholder Green Square Capital LLC Decreased Its Stake by $4.69 Million as Shares Rose

Best Buy Co., Inc. (NYSE:BBY) Corporate LogoBig Money Sentiment increased to 0.85 in 2018 Q2. It has change of 0.01, from 2018Q1’s 0.84. The ratio increased due to BBY positioning: 44 sold and 204 reduced. 70 funds bought positions and 142 increased positions. Investors holded 234.44 million in 2018Q1 but now own 216.72 million shares or 7.56% less. Oppenheimer Asset Inc reported 3,927 shs. The Oregon-based Jensen Inv Mgmt Incorporated has invested 0% in Best Buy Co., Inc. (NYSE:BBY). Macquarie Gru reported 0% of its capital in Best Buy Co., Inc. (NYSE:BBY). Price T Rowe Associates Incorporated Md, a Maryland-based fund reported 410,118 shs. Acadian Asset Management Ltd Limited Liability Company invested in 65,086 shs. Noven Fincl Grp reported 3,895 shs. Stifel holds 0.04% in Best Buy Co., Inc. (NYSE:BBY) or 153,338 shs. First Citizens Fincl Bank Trust holds 0.33% or 36,474 shs in its capital. Nebraska-based Cwm Ltd Com has invested 0% in Best Buy Co., Inc. (NYSE:BBY). 58,297 were reported by Comerica Fincl Bank. Moreover, Financial Services has 0% invested in Best Buy Co., Inc. (NYSE:BBY) for 107 shs. Amalgamated Fincl Bank holds 32,983 shs or 0.06% of its capital. Stratos Wealth Prns Limited owns 4,205 shs for 0.01% of their capital. Tyvor Cap Ltd Liability Company holds 5.48% or 377,628 shs in its capital. Wetherby Asset holds 3,159 shs or 0.03% of its capital.

BBY had 8 insider sales and 0 buys since June 11, 2018. This’s net activity of $7.45 million. Another trade for 33 shs valued at $2,600 was made by Watson Mathew on Friday, September 28. Saksena Asheesh also sold $1.37M worth of Best Buy Co., Inc. (NYSE:BBY) shs. Barry Corie S also sold $493,823 worth of Best Buy Co., Inc. (NYSE:BBY) on Friday, October 19. On Wednesday, August 29 Shares for $388,309 were sold by Walker Patricia H.

The holdings In Best Buy Inc (BBY) was reduced owned by Green Square Capital Llc. According to 2018Q2 Securities and Exchange filling the reduction is 71.69%. 62,573 shares were sold by Green Square Capital Llc as the company’s stock rose 6.81% with the market. At the end of 2018Q2, the hedge fund held 24,705 shares of the consumer services company, priced at $1.85 million, down from 87,278 at the end of the previous reported quarter. Green Square Capital Llc has risen its stake in and also increased its holding in Alps Trust Etf Alerian Mlp (AMLP) by 988,745 shares in the quarter, for a total of 1.61M shares.

Investors wait Best Buy Co., Inc. (NYSE:BBY)’s quarterly earnings on March, 7., as reported by RTT. Analysts forecast 6.20 % diference or $2.57 from the $2.42 EPS from 2017. If $2.57 is reported, BBY’s profit will be $705.63 million for 5.89 P/E. Wall Street now sees 176.34 % EPS growth despite Best Buy Co., Inc. last quarter’s EPS of $0.93.

For more Best Buy Co., Inc. (NYSE:BBY) news posted recently go to: Benzinga.com, Benzinga.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Best Buy Co., Inc. (NYSE:BBY), Wal-Mart Stores, Inc. (NYSE:WMT) – Today’s Pickup: Big U.S. Freight Customers To Report Results This Week – Benzinga” posted on November 12, 2018, “Best Buy (NYSE:BBY) Posts Strong Earnings Just In Time For Black Friday: The Sell-Side Reacts – Benzinga” on November 21, 2018, “Selling presssure on Best Buy despite earnings beat – Seeking Alpha” with a publish date: November 20, 2018, “Best Buy -2% after BAML cut – Seeking Alpha” and the last “Have Shrinking Margins Caught Up With Best Buy? – Seeking Alpha” with publication date: November 25, 2018.

Best Buy Co., Inc. (NYSE:BBY) Ratings Coverage

In total 11 analysts cover Best Buy Co (NYSE:BBY). “Buy” rating has 3, “Sell” are 0, while 8 are “Hold”. (NYSE:BBY) has 27% bullish analysts. 15 are the (NYSE:BBY)’s ratings reports on Dec 8, 2018 according to StockzIntelligence Inc. On Wednesday, August 29 JP Morgan maintained Best Buy Co., Inc. (NYSE:BBY) rating. JP Morgan has “Neutral” rating and $79 target. In Wednesday, November 21 report Citigroup maintained it with “Neutral” rating and $72 target. On Wednesday, August 29 the rating was maintained by Deutsche Bank with “Hold”. On Wednesday, November 21 the rating was upgraded by Wedbush to “Neutral”. On Wednesday, November 21 the company was maintained by Raymond James. On Tuesday, November 27 Loop Capital Markets maintained the shares of BBY in report with “Buy” rating. On Wednesday, August 29 the rating was maintained by Raymond James with “Strong Buy”. On Friday, November 23 the stock of Best Buy Co., Inc. (NYSE:BBY) has “Equal-Weight” rating given by Morgan Stanley. On Tuesday, November 13 the company was downgraded by Bank of America. In Wednesday, August 29 report Credit Suisse maintained it with “Neutral” rating and $78 target.

Best Buy Co., Inc. (NYSE:BBY) Institutional Investors Chart

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