American Century Companies Inc. Purchases 70,418 Shares of Bath & Body Works, Inc. (NYSE:BBWI)

American Century Companies Inc. raised its position in shares of Bath & Body Works, Inc. ( NYSE:BBWI – Free Report ) by 29.

7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 307,910 shares of the company’s stock after purchasing an additional 70,418 shares during the period.



American Century Companies Inc.’s holdings in Bath & Body Works were worth $11,938,000 as of its most recent SEC filing. Other hedge funds have also recently modified their holdings of the company.

FMR LLC increased its position in Bath & Body Works by 17,496.5% during the 3rd quarter. FMR LLC now owns 2,516,127 shares of the company’s stock valued at $80,315,000 after buying an additional 2,501,828 shares in the last quarter.

Charles Schwab Investment Management Inc. grew its stake in shares of Bath & Body Works by 13.0% in the fourth quarter.

Charles Schwab Investment Management Inc. now owns 1,704,625 shares of the company’s stock worth $66,088,000 after acquiring an additional 195,813 shares during the last quarter. Erste Asset Management GmbH increased its holdings in shares of Bath & Body Works by 0.

3% during the fourth quarter. Erste Asset Management GmbH now owns 1,585,460 shares of the company’s stock valued at $61,546,000 after acquiring an additional 5,035 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Bath & Body Works by 3.

7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,158,390 shares of the company’s stock worth $36,976,000 after purchasing an additional 40,868 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its stake in Bath & Body Works by 99.

7% in the 3rd quarter. Janus Henderson Group PLC now owns 1,121,520 shares of the company’s stock worth $35,799,000 after purchasing an additional 559,851 shares in the last quarter. Institutional investors own 95.

14% of the company’s stock. Wall Street Analysts Forecast Growth Several brokerages have issued reports on BBWI. TD Cowen lifted their target price on shares of Bath & Body Works from $42.

00 to $48.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Cowen restated a “buy” rating on shares of Bath & Body Works in a report on Thursday, February 27th.

Piper Sandler increased their target price on Bath & Body Works from $36.00 to $39.00 and gave the company a “neutral” rating in a research note on Monday, January 6th.

Robert W. Baird lifted their target price on Bath & Body Works from $45.00 to $47.

00 and gave the stock an “outperform” rating in a report on Friday, February 28th. Finally, Argus reaffirmed a “hold” rating on shares of Bath & Body Works in a research report on Friday, January 10th. Five investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company.

Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $45.06.

Bath & Body Works Trading Up 0.9 % Shares of NYSE BBWI opened at $30.60 on Wednesday.

Bath & Body Works, Inc. has a 12-month low of $26.21 and a 12-month high of $52.

99. The firm has a market capitalization of $6.55 billion, a price-to-earnings ratio of 7.

46, a price-to-earnings-growth ratio of 0.92 and a beta of 1.89.

The firm has a 50 day moving average of $34.95 and a 200 day moving average of $34.17.

Bath & Body Works ( NYSE:BBWI – Get Free Report ) last issued its quarterly earnings data on Thursday, February 27th. The company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.

04 by $0.05. Bath & Body Works had a net margin of 12.

43% and a negative return on equity of 44.03%. The firm had revenue of $2.

79 billion during the quarter, compared to the consensus estimate of $2.78 billion. Sell-side analysts predict that Bath & Body Works, Inc.

will post 3.3 EPS for the current year. Bath & Body Works Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, March 7th.

Stockholders of record on Friday, February 21st were paid a $0.20 dividend. This represents a $0.

80 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend was Friday, February 21st.

Bath & Body Works’s dividend payout ratio (DPR) is currently 21.98%. Bath & Body Works declared that its Board of Directors has initiated a share buyback plan on Thursday, February 27th that authorizes the company to buyback $500.

00 million in shares. This buyback authorization authorizes the company to purchase up to 6.4% of its stock through open market purchases.

Stock buyback plans are often an indication that the company’s management believes its stock is undervalued. About Bath & Body Works ( Free Report ) Bath & Body Works, Inc is a specialty retailers and home to America’s Favorite Fragrances, offering a breadth of exclusive fragrances for the body and home, including the selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap. Featured Articles Want to see what other hedge funds are holding BBWI? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for Bath & Body Works, Inc. ( NYSE:BBWI – Free Report ). Receive News & Ratings for Bath & Body Works Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bath & Body Works and related companies with MarketBeat.

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