Oct 9, 2018 will mean $0.45 dividends for Best Buy Co Inc (NYSE:BBY) shareholders.

September 16, 2018 - By Jason Dias

Best Buy Co., Inc. (NYSE:BBY) LogoInvestors sentiment increased to 0.85 in 2018 Q2. Its up 0.01, from 0.84 in 2018Q1. It improved, as 44 investors sold Best Buy Co., Inc. shares while 204 reduced holdings. 70 funds opened positions while 142 raised stakes. 216.72 million shares or 7.56% less from 234.44 million shares in 2018Q1 were reported.
Dana Investment accumulated 455,195 shares or 1.49% of the stock. Gabelli Funds Ltd Liability Corp accumulated 5,000 shares. Grantham Mayo Van Otterloo Ltd Limited Liability Company reported 0.03% in Best Buy Co., Inc. (NYSE:BBY). Brown Advisory Secs Ltd Company stated it has 0.09% in Best Buy Co., Inc. (NYSE:BBY). Mount Lucas L P holds 157,378 shares. Trexquant Invest Lp has invested 0.41% in Best Buy Co., Inc. (NYSE:BBY). Guardian Life Ins Of America accumulated 680 shares or 0.01% of the stock. The New York-based Lazard Asset Mngmt Lc has invested 0.01% in Best Buy Co., Inc. (NYSE:BBY). Robeco Institutional Asset Management Bv holds 994,314 shares. Credit Agricole S A holds 0.34% of its portfolio in Best Buy Co., Inc. (NYSE:BBY) for 65,760 shares. Raymond James Na holds 0.02% or 3,145 shares. California State Teachers Retirement has invested 0.07% of its portfolio in Best Buy Co., Inc. (NYSE:BBY). Alliancebernstein Ltd Partnership, a New York-based fund reported 453,477 shares. Sigma Planning Corp holds 2,954 shares. Jensen Investment Incorporated reported 3,620 shares or 0% of all its holdings.

Since March 14, 2018, it had 0 insider buys, and 9 sales for $7.53 million activity. On Wednesday, March 14 Saksena Asheesh sold $108,070 worth of Best Buy Co., Inc. (NYSE:BBY) or 1,533 shares. $107,814 worth of stock was sold by Walker Patricia H on Monday, March 19. Watson Mathew had sold 1,326 shares worth $92,069 on Thursday, March 15. Nelsen Keith J also sold $142,543 worth of Best Buy Co., Inc. (NYSE:BBY) shares. Scarlett Kathleen sold $84,338 worth of stock or 1,225 shares. MOHAN RAJENDRA M sold $185,763 worth of stock.

Best Buy Co Inc (NYSE:BBY) is expected to pay $0.45 on Oct 9, 2018. Shareholders owning the stock before Sep 17, 2018 will be eligible to receive the payout. Based on Best Buy Co Inc’s current price of $78.39, the dividend is 0.57 %. This dividend’s record date is Sep 18, 2018 and the announcement date is Aug 29, 2018. The stock decreased 0.22% or $0.17 during the last trading session, reaching $78.39. About 3.04M shares traded. Best Buy Co., Inc. (NYSE:BBY) has risen 37.79% since September 16, 2017 and is uptrending. It has outperformed by 22.17% the S&P500.

Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company has market cap of $21.90 billion. The firm operates through two reportable divisions, Domestic and International. It has a 21.79 P/E ratio. The Company’s stores provide consumer electronics, such as home theater, home automation, digital imaging, health and fitness, and portable audio products; computing and mobile phones, including computing and peripherals, networking, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, such as gaming hardware and software, movie, music, technology toy, and other software products.

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

Among 7 analysts covering Best Buy Co (NYSE:BBY), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Best Buy Co had 7 analyst reports since April 24, 2018 according to SRatingsIntel. The company was maintained on Wednesday, August 29 by Raymond James. On Wednesday, August 29 the stock rating was maintained by JP Morgan with “Neutral”. The rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, August 29. Loop Capital Markets maintained the shares of BBY in report on Thursday, May 24 with “Buy” rating. Credit Suisse maintained Best Buy Co., Inc. (NYSE:BBY) on Wednesday, August 29 with “Neutral” rating. The rating was maintained by Deutsche Bank with “Hold” on Wednesday, August 29.

More important recent Best Buy Co., Inc. (NYSE:BBY) news were published by: Seekingalpha.com which released: “Best Buy Can Be A Winner” on August 20, 2018, also Benzinga.com published article titled: “Retail Analyst Doesn’t Understand The Best Buy Sell-Off”, Seekingalpha.com published: “Best Buy: The Next Retailer To Shine?” on August 24, 2018. More interesting news about Best Buy Co., Inc. (NYSE:BBY) was released by: Seekingalpha.com and their article: “Best Buy’s Top Buy” with publication date: August 21, 2018.

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

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