Economy

Barnes & Noble (BKS) Receives Daily Coverage Optimism Rating of 0.24

10% Owner, Abrams Capital Management, L.P, purchased 9,544 common shares of Barnes & Noble Education, Inc. This company shares are 89.54% off its target price of $10.33 and the current market capitalization stands at $259.75M. Bestsellers represent only a small portion of the Barnes & Noble store sales.

Several other equities research analysts have also issued reports on the company. The correct version of this report can be viewed at https://www.truebluetribune.com/2017/10/31/voya-investment-management-llc-acquires-81083-shares-of-barnes-noble-inc-bks.html. We see here that Barnes & Noble, Inc. In a transaction dated April 08, 2016, the shares were bought at an average price of $8.77, giving away a sum of $83,701.

Shares of Barnes & Noble (NYSE BKS) traded down 3.45% during trading on Monday, hitting $7.00. The stock had a trading volume of 531,355 shares. Currently, the stock is -11.95% from its 50-Day High and 6.06% from the 50-day low. The stock has a market cap of $507.86 million, a PE ratio of 19.94 and a beta of 2.37. GSA Capital Partners LLP now owns 70,428 shares of the specialty retailer's stock valued at $535,000 after buying an additional 37,628 shares in the last quarter. (NYSE:BKS) was up +0.00% during the last trading session, with a day high of 7.15. The business had revenue of $355.70 million for the quarter, compared to the consensus estimate of $406.22 million. Barnes & Noble earned a media sentiment score of 0.24 on Accern's scale. During the same quarter in the previous year, the company earned ($0.07) earnings per share. BWS Financial reissued a buy rating and set a $14.00 price objective on shares of Barnes & Noble Education in a research note on Friday, September 1st.

More news: What Analysts Have to Say About Pier 1 Imports (PIR)?

The business also recently declared a quarterly dividend, which was paid on Friday, October 27th. Shareholders of record on Friday, October 7th will be given a $0.15 dividend. The ex-dividend date was Thursday, October 5th. This represents a $0.60 annualized dividend and a yield of 5.68%. Barnes & Noble's dividend payout ratio is now 181.82%. 871,340 shares of the company's stock were exchanged.

Institutional investors now hold around $201 million or 71.2% in BNED stock. Among active positions in the latest quarter, 55 holders increased their positions by a total of 2.35 million shares, 62 holders decreased the positions by a total of 2.45 million shares, and 32 holders held their positions. Arizona State Retirement System now owns 31,417 shares of the company's stock valued at $357,000 after buying an additional 400 shares in the last quarter. Through its subsidiary, Barnes & Noble College Booksellers, LLC. JPMorgan Chase & Co. raised its position in Barnes & Noble Education by 39,054.6% during the first quarter. Finally, Stevens Capital Management LP raised its position in shares of Barnes & Noble by 77.3% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 268,449 shares of the specialty retailer's stock valued at $2,040,000 after buying an additional 24,891 shares in the last quarter. The current 14-day ATR for Barnes & Noble Education Inc C (BNED) is now sitting at 0.32. Moors & Cabot Inc. now owns 25,417 shares of the company's stock valued at $291,000 after buying an additional 1,512 shares in the last quarter.

Barnes & Noble Education, Inc is a contract operator of bookstores on college and university campuses across the United States and a provider of digital education services. (Barnes & Noble College), the Company operates approximately 750 campus bookstores and the school-branded e-commerce sites for each store, serving over five million college students and their faculty across the nation.



Like this

loading...
loading...

Latest


02 November 2017
ACCC launches inquiry into NBN services
He said what happens at the wholesale level often flows through to the retail level and affects the customer experience. Complaints about the NBN lodged with the Telecommunications Industry Ombudsman more than doubled in the past year .

02 November 2017
Five of eight killed in NY attack are Argentine
Argentine President Mauricio Macri called the group "model citizens" and said the gruesome attack "hit hard all Argentines". Authorities identified the suspect in custody as 29-year-old Sayfullo Habibullaevic Saipov .

02 November 2017
Man killed in crash with gravel truck near Saskatoon
Police said initial investigation showed the auto lost control while going westbound, colliding with the eastbound truck. The driver of the auto was taken to hospital with life-threatening injuries but was later pronounced dead.

02 November 2017
Chhota Shakeel's sharpshooter held, was to kill Tarek Fateh
Fateh is apparently on fugitive underworld don Dawood Ibrahim's radar for his critical remarks against Islam and the Sharia Law. He sold garments on the street before he came in contact with local criminals and committed a murder, the police said.

02 November 2017
The Fitbit Inc. (FIT) Stake Increased by Schwab Charles Investment Management Inc
Currently Fitbit Inc (NYSE: FIT)'s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 61.5%. According to analysts Fitbit Inc (NYSE: FIT)'s minimum EPS for the current quarter is at $-0.07 and can go high up to $-0.02.

02 November 2017
Jaipur: 5 killed, 22 injured in transformer blast
Governor Kalyan Singh prayed for courage to the bereaved family members who lost their loved ones in the mishap. Five people including a minor died on the spot whereas other injured people were referred to SMS Hospital.

02 November 2017
Uber bans right-wing activist for complaining about Muslim drivers after NYC attack
If you aren't familiar with alt-right, pro-Trump social media figure Laura Loomer ... well, good. Business Insider was first to report that Loomer's account was subsequently disabled.

02 November 2017
Teens steal Halloween candy at gunpoint, Colorado Springs police say
Hester and the 17-year-old were arrested on suspicion of aggravated robbery and attempted aggravated robbery. The boys pulled up alongside a man walking down the 6300 block of Galway Drive and demanded his phone.

02 November 2017
Kroger Company (The) (KR) Receives $28.52 Consensus PT from Analysts
Ltd. now owns 150,685 shares of the company's stock worth $5,764,000 after buying an additional 26,392 shares in the last quarter. The average twelve-month target price among brokerages that have issued a report on the stock in the past year is $28.52.

02 November 2017
'Multiple people down' after shooting in Colorado supermarket
Police did not release information about any victims and it is not clear if an assailant has been taken into custody. Police in Thornton , Colorado say "multiple parties are down" after a shooting at a Walmart Wednesday night.