PNC Financial Services Group Inc. has increased its holdings in
Bath & Body Works (BBWI), while the company has also recently paid out a dividend of $0.20. BBWI has been identified as a long-term investment by Hedgeye, despite having day losses. Questions are arising if it is too late to invest in BBWI, despite a stock surge of 84%.
Norges Bank and
Panagora Asset Management have also made substantial shares purchases. The five-year CAGR of BBWI is 24%, surpassing earnings growth. However, BBWI stocks have traded down and are down by 22% this year.
Greta Lakes Advisors and
Dynamic Technology Lab have invested in BBWI stocks ahead of earnings. BBWI reported that Q3 earnings beat estimates and were higher Y/Y.
International Assets Investment Management has invested in BBWI while BBWI's full-year 2024 earnings beat expectations. Despite some shares being sold by
Russel Investments Group and
Amalgamated Bank, more shares have been bought by
Panagora Asset Management. BBWI's dividends remain consistent and BBWI's value is continuously being analysed by experts. BBWI board sees director departures and the recent earnings outlook was dismal, resulting in significant investments by
Trexquant Investment. BBWI stocks continue to perform well despite Thursdays underperformance compared to competitors.
Bath Body Works BBWI News Analytics from Fri, 23 Jun 2023 07:00:00 GMT to Sun, 26 May 2024 19:05:21 GMT -
Rating 3
- Innovation -3
- Information 8
- Rumor -2
