Public Employees Retirement System of Ohio Makes New Investment in Best Buy Co., Inc. $BBY

The Public Employees Retirement System of Ohio has acquired a new stake in Best Buy Co., Inc. (NYSE:BBY), purchasing 84,060 shares valued at approximately $6.378 million. This comes as other institutional investors have also adjusted their holdings, and despite insider selling, analysts have issued varied ratings with an average "Hold" and a target price of $85.40. Best Buy recently reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend of $0.96 per sha