Caitong International Asset Management Co. Ltd acquired 11,770 shares of Bath & Body Works, Inc. (NYSE:BBWI), while Swiss National Bank offloaded 10,700 shares of the company. There are several stake increases in the company, such as Fox Run Management L.L.C., purchasing 52,372 shares of BBWI and Virtu Financial LLC, acquiring 18,196 shares of the company. In contrast, Mutual of America Capital Management LLC adds 78,280 shares of BBWI to its portfolio. However, New Age Alpha Advisors LLC has sold out BBWI from its holdings. The company is also focusing on campus expansion to enhance its market presence among young buyers.
BBWI's stock has witnessed an upward trajectory, but Wall Street Zen has downgraded its rating to 'Hold'. The company announced a quarterly dividend of $0.20/share signaling positive cash flow. However, BBWI's stock also shows a 'gap down'. Amidst these movements, BBWI is also undertaking a number of initiatives like launching a Summerween collection and expanding to over 600 college campuses nationwide, in an attempt to capture Gen Z customers.
Bath Body Works BBWI News Analytics from Wed, 04 Dec 2024 08:00:00 GMT to Sat, 16 Aug 2025 22:02:00 GMT - Rating 4 - Innovation -3 - Information 7 - Rumor 3
