Barnes & Noble, Inc. (BKS) Can’t Be More Safe. Trades Significantly Higher

February 22, 2018 - By Linda Rogers

Investors sentiment decreased to 1.42 in Q3 2017. Its down 0.06, from 1.48 in 2017Q2. It worsened, as 20 investors sold Barnes & Noble, Inc. shares while 39 reduced holdings. 31 funds opened positions while 53 raised stakes. 47.54 million shares or 7.58% less from 51.43 million shares in 2017Q2 were reported.
California Public Employees Retirement System accumulated 343,925 shares or 0% of the stock. Thompson Siegel & Walmsley Limited Com invested in 2.00M shares. American Century Cos accumulated 0% or 96,004 shares. Millennium Mgmt Lc reported 0% stake. 145,745 are held by Systematic Fin Ltd Partnership. Wedge Cap Management L Lp Nc reported 39,279 shares. Price T Rowe Assoc Md stated it has 0% of its portfolio in Barnes & Noble, Inc. (NYSE:BKS). Moreover, Pinnacle Assocs has 0.01% invested in Barnes & Noble, Inc. (NYSE:BKS) for 58,300 shares. Products Partners Ltd Llc holds 0.08% of its portfolio in Barnes & Noble, Inc. (NYSE:BKS) for 335,500 shares. Schwab Charles Inv Management Incorporated accumulated 794,765 shares. First Tru Advsrs Limited Partnership has 0% invested in Barnes & Noble, Inc. (NYSE:BKS) for 44,785 shares. Grp One Trading L P invested in 24,338 shares. California-based Los Angeles Mgmt And Equity Rech Incorporated has invested 0% in Barnes & Noble, Inc. (NYSE:BKS). Nordea Investment Mngmt invested in 401,835 shares. Federated Investors Inc Pa accumulated 1,060 shares.

The stock of Barnes & Noble, Inc. (NYSE:BKS) is a huge mover today! The stock increased 4.55% or $0.2 during the last trading session, reaching $4.6. About 831,090 shares traded. Barnes & Noble, Inc. (NYSE:BKS) has declined 38.50% since February 22, 2017 and is downtrending. It has underperformed by 55.20% the S&P500.
The move comes after 8 months positive chart setup for the $334.17M company. It was reported on Feb, 22 by Barchart.com. We have $4.78 PT which if reached, will make NYSE:BKS worth $13.37 million more.

Barnes & Noble, Inc. (NYSE:BKS) Ratings Coverage

Among 6 analysts covering Barnes & Noble Inc. (NYSE:BKS), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Barnes & Noble Inc. had 9 analyst reports since July 27, 2015 according to SRatingsIntel. The company was downgraded on Friday, December 1 by Craig Hallum. The firm earned “Buy” rating on Monday, October 12 by Gabelli. The stock of Barnes & Noble, Inc. (NYSE:BKS) has “Hold” rating given on Friday, September 4 by Stifel Nicolaus. The stock of Barnes & Noble, Inc. (NYSE:BKS) earned “Buy” rating by ValuEngine on Friday, May 26. Craig Hallum initiated it with “Buy” rating and $25 target in Monday, July 27 report. The firm has “Neutral” rating by Sidoti given on Thursday, August 18. Cantor Fitzgerald initiated it with “Buy” rating and $19 target in Wednesday, October 7 report. The firm has “Hold” rating given on Wednesday, August 17 by Gabelli.

More notable recent Barnes & Noble, Inc. (NYSE:BKS) news were published by: Businesswire.com which released: “Barnes & Noble Appoints Timothy Mantel as Chief Merchandising Officer” on February 12, 2018, also Businesswire.com with their article: “Barnes & Noble Announces Barnes & Noble Pressâ„¢, an Enhanced Self-Publishing …” published on January 24, 2018, Seekingalpha.com published: “Barnes & Noble: Hubris Destroying Shareholder Wealth?” on February 09, 2018. More interesting news about Barnes & Noble, Inc. (NYSE:BKS) were released by: Streetinsider.com and their article: “Form 3 BARNES & NOBLE INC For: Feb 12 Filed by: Mantel Tim” published on February 21, 2018 as well as Businesswire.com‘s news article titled: “Barnes & Noble Announces Fiscal 2018 Third Quarter Earnings Release Date and …” with publication date: February 08, 2018.

Barnes & Noble, Inc. operates as a content and commerce firm in the United States. The company has market cap of $334.17 million. Barnes & Noble, Inc. operates as a retailer of books, content, digital media, and educational products. It has a 21.1 P/E ratio. 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 services and products, educational toys and games, and music and movies.

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