Teachers Retirement System of The State of Kentucky maintained its position in shares of Barnes & Noble, Inc. (NYSE:BKS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,400 shares of the specialty retailer’s stock at the close of the 2nd quarter. Teachers Retirement System of The State of Kentucky’s holdings in Barnes & Noble were worth $163,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Parametric Portfolio Associates LLC lifted its stake in shares of Barnes & Noble by 10.2% in the second 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 during the period. Nordea Investment Management AB lifted its stake in shares of Barnes & Noble by 3.6% in the second quarter. Nordea Investment Management AB now owns 400,335 shares of the specialty retailer’s stock valued at $3,043,000 after buying an additional 13,800 shares during the period. GSA Capital Partners LLP lifted its stake in shares of Barnes & Noble by 114.7% in the second quarter. 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 during the period. Stevens Capital Management LP lifted its stake in shares of Barnes & Noble by 77.3% in the second quarter. Stevens Capital Management LP now owns 44,280 shares of the specialty retailer’s stock valued at $337,000 after buying an additional 19,303 shares during the period. Finally, TIAA CREF Investment Management LLC lifted its stake in shares of Barnes & Noble by 46.3% in the second quarter. TIAA CREF Investment Management LLC now owns 458,867 shares of the specialty retailer’s stock valued at $3,487,000 after buying an additional 145,204 shares during the period. Institutional investors and hedge funds own 71.62% of the company’s stock.
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Barnes & Noble, Inc. (NYSE BKS) opened at 7.25 on Monday. Barnes & Noble, Inc. has a 52-week low of $6.25 and a 52-week high of $13.20. The company has a 50-day moving average of $7.33 and a 200 day moving average of $7.55. The firm has a market cap of $526.00 million, a price-to-earnings ratio of 20.66 and a beta of 2.37.
Barnes & Noble (NYSE:BKS) last announced its earnings results on Thursday, September 7th. The specialty retailer reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.03). The company had revenue of $853.00 million for the quarter, compared to the consensus estimate of $871.75 million. Barnes & Noble had a return on equity of 4.48% and a net margin of 0.67%. The business’s quarterly revenue was down 6.7% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.07) EPS. On average, equities research analysts anticipate that Barnes & Noble, Inc. will post $0.50 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, October 27th. Investors of record on Friday, October 6th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 8.28%. The ex-dividend date was Thursday, October 5th. Barnes & Noble’s payout ratio is 181.82%.
Barnes & Noble Company Profile
Barnes & Noble, Inc is a bookseller. The Company is a content and commerce company, which provides access to trade books and other content across its multi-channel distribution platform. It operates in two segments: Barnes & Noble Retail (B&N Retail) and NOOK. The Company is engaged in the sale of trade books (generally hardcover and paperback consumer titles), mass market paperbacks (such as mystery, romance, science fiction and other fiction), children’s books, eBooks and other digital content, textbooks and course-related materials, NOOK and related accessories, bargain books, magazines, gifts, cafe products and services, educational toys and games, music and movies direct to customers through its bookstores or on www.barnesandnoble.com.
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