GSA Capital Partners LLP Has $535,000 Position in Barnes & Noble, Inc. (BKS)
GSA Capital Partners LLP boosted its position in shares of Barnes & Noble, Inc. (NYSE:BKS) by 114.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 70,428 shares of the specialty retailer’s stock after purchasing an additional 37,628 shares during the quarter. GSA Capital Partners LLP owned 0.10% of Barnes & Noble worth $535,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Campbell & CO Investment Adviser LLC acquired a new position in Barnes & Noble during the second quarter valued at approximately $101,000. Mason Street Advisors LLC boosted its holdings in shares of Barnes & Noble by 7.0% in the first quarter. Mason Street Advisors LLC now owns 12,917 shares of the specialty retailer’s stock valued at $119,000 after buying an additional 846 shares during the period. KBC Group NV boosted its holdings in shares of Barnes & Noble by 57.9% in the second quarter. KBC Group NV now owns 25,008 shares of the specialty retailer’s stock valued at $190,000 after buying an additional 9,168 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in shares of Barnes & Noble by 3.2% in the first quarter. BNP Paribas Arbitrage SA now owns 20,955 shares of the specialty retailer’s stock valued at $194,000 after buying an additional 655 shares during the period. Finally, Karp Capital Management Corp acquired a new position in shares of Barnes & Noble in the first quarter valued at approximately $215,000. Hedge funds and other institutional investors own 71.60% of the company’s stock.
Several research analysts have recently weighed in on the stock. BidaskClub cut shares of Barnes & Noble from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. Zacks Investment Research cut shares of Barnes & Noble from a “hold” rating to a “sell” rating in a report on Thursday, September 14th.
Barnes & Noble, Inc. (NYSE BKS) opened at 7.25 on Wednesday. The firm has a market cap of $526.00 million, a PE ratio of 20.66 and a beta of 2.37. Barnes & Noble, Inc. has a 12-month low of $6.25 and a 12-month high of $13.20. The stock has a 50 day moving average of $7.43 and a 200 day moving average of $7.70.
Barnes & Noble (NYSE:BKS) last announced its quarterly earnings data 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 analyst estimates 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% compared to the same quarter last year. During the same period last year, the business earned ($0.07) EPS. On average, equities research analysts anticipate that Barnes & Noble, Inc. will post $0.50 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 27th. Stockholders of record on Friday, October 6th will be given 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 is Thursday, October 5th. Barnes & Noble’s dividend payout ratio (DPR) is 181.82%.
About Barnes & Noble
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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