Jensen Investment Management Inc. Bought 2580 Shares of Best Purchase Co Inc (BBY)
Summary
Jensen Investment Management Inc. lifted its holdings in shares of Best Buy Co Inc (NYSE:BBY) by 30.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The technology retailer reported $0.93 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.08. Credit Suisse Group set a $70.00 target price on shares of Best Buy and gave the company a “hold” rating in a research note on Wednesday, November 21st. Loop Capital reiterated a “buy” rating on shares of Best Buy in a research note on Tuesday, November 27th. Best Buy Co, Inc operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico.