Barnes & Noble, Inc. (BKS) Shares Sold by Los Angeles Capital Management & Equity Research Inc.

Share on StockTwits

Los Angeles Capital Management & Equity Research Inc. lessened its holdings in shares of Barnes & Noble, Inc. (NYSE:BKS) by 28.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 90,362 shares of the specialty retailer’s stock after selling 35,505 shares during the quarter. Los Angeles Capital Management & Equity Research Inc.’s holdings in Barnes & Noble were worth $641,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. boosted its position in Barnes & Noble by 10.0% during the 4th quarter. BlackRock Inc. now owns 9,021,986 shares of the specialty retailer’s stock valued at $63,966,000 after acquiring an additional 818,327 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Barnes & Noble by 3.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,881,723 shares of the specialty retailer’s stock valued at $10,914,000 after acquiring an additional 70,017 shares in the last quarter. Northern Trust Corp boosted its position in Barnes & Noble by 2.1% during the 2nd quarter. Northern Trust Corp now owns 711,697 shares of the specialty retailer’s stock valued at $4,520,000 after acquiring an additional 14,860 shares in the last quarter. Investec Asset Management LTD bought a new stake in Barnes & Noble during the 4th quarter valued at approximately $2,173,000. Finally, Ibex Investors LLC bought a new stake in Barnes & Noble during the 3rd quarter valued at approximately $1,365,000. 70.69% of the stock is currently owned by institutional investors and hedge funds.

Barnes & Noble stock opened at $5.53 on Thursday. The company has a current ratio of 1.12, a quick ratio of 0.14 and a debt-to-equity ratio of 0.27. The company has a market cap of $393.79 million, a price-to-earnings ratio of 12.81 and a beta of 0.67. Barnes & Noble, Inc. has a fifty-two week low of $4.45 and a fifty-two week high of $7.81.

Barnes & Noble (NYSE:BKS) last posted its quarterly earnings data on Thursday, March 7th. The specialty retailer reported $1.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.07 by $0.14. The business had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.24 billion. Barnes & Noble had a return on equity of 7.09% and a net margin of 0.04%. The business’s revenue was up .0% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.87) EPS.

The business also recently declared a quarterly dividend, which will be paid on Friday, May 3rd. Stockholders of record on Friday, April 5th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.85%.

Several analysts have weighed in on the company. Craig Hallum set a $7.00 price objective on Barnes & Noble and gave the company a “buy” rating in a research report on Thursday, March 7th. TheStreet raised Barnes & Noble from a “d+” rating to a “c-” rating in a research report on Tuesday, January 8th.

WARNING: This piece of content was originally published by Zolmax and is the property of of Zolmax. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of US and international copyright law. The correct version of this piece of content can be viewed at https://zolmax.com/investing/barnes-noble-inc-bks-shares-sold-by-los-angeles-capital-management-equity-research-inc-3/2961532.html.

Barnes & Noble Company Profile

Barnes & Noble, Inc primarily operates as a bookseller in the United States. The company operates through two segments, B&N Retail and NOOK. It sells trade books, including hardcover and paperback titles; mass market paperbacks, such as mystery, romance, science fiction, and other fiction; and children's books, eBooks and other digital content, NOOK and related accessories, bargain books, magazines, gifts, café products and services, educational toys and games, and music and movies.

Featured Article: Municipal Bonds

Want to see what other hedge funds are holding BKS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Barnes & Noble, Inc. (NYSE:BKS).

Institutional Ownership by Quarter for Barnes & Noble (NYSE:BKS)

Receive News & Ratings for Barnes & Noble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barnes & Noble and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

VeriME Market Cap Tops $374,353.00
VeriME Market Cap Tops $374,353.00
Molina Healthcare, Inc.  Receives Average Rating of “Hold” from Analysts
Molina Healthcare, Inc. Receives Average Rating of “Hold” from Analysts
SPINDLE  Reaches Market Capitalization of $2.12 Million
SPINDLE Reaches Market Capitalization of $2.12 Million
MediBit Trading 32.3% Higher  Over Last 7 Days
MediBit Trading 32.3% Higher Over Last 7 Days
Clovis Oncology  Expected to Announce Earnings of -$1.80 Per Share
Clovis Oncology Expected to Announce Earnings of -$1.80 Per Share
BUDDY Price Down 36.7% Over Last 7 Days
BUDDY Price Down 36.7% Over Last 7 Days


 
© 2006-2019 Zolmax.