Barnes & Noble, Inc. (NYSE:BKS) issued its earnings results on Thursday. The specialty retailer reported ($0.15) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by $0.03, MarketWatch Earnings reports. Barnes & Noble had a return on equity of 5.45% and a net margin of 0.57%. The business had revenue of $853 million for the quarter, compared to the consensus estimate of $871.75 million. During the same quarter in the prior year, the firm posted ($0.07) earnings per share. The business’s revenue was down 6.7% compared to the same quarter last year.

Barnes & Noble (NYSE BKS) traded down 8.599% during mid-day trading on Thursday, reaching $7.175. The company had a trading volume of 2,948,688 shares. The stock has a market capitalization of $519.73 million, a PE ratio of 24.158 and a beta of 2.38. Barnes & Noble has a one year low of $6.25 and a one year high of $13.20. The company’s 50-day moving average is $7.60 and its 200-day moving average is $8.03.

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Several large investors have recently bought and sold shares of BKS. Teachers Advisors LLC lifted its position in shares of Barnes & Noble by 85.0% during the fourth quarter. Teachers Advisors LLC now owns 242,569 shares of the specialty retailer’s stock worth $2,705,000 after acquiring an additional 111,427 shares in the last quarter. Louisiana State Employees Retirement System lifted its position in shares of Barnes & Noble by 1.4% during the first quarter. Louisiana State Employees Retirement System now owns 22,500 shares of the specialty retailer’s stock worth $208,000 after acquiring an additional 300 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in shares of Barnes & Noble by 158.9% during the first quarter. Nisa Investment Advisors LLC now owns 56,700 shares of the specialty retailer’s stock worth $524,000 after acquiring an additional 34,800 shares in the last quarter. Nationwide Fund Advisors lifted its position in shares of Barnes & Noble by 4.5% during the first quarter. Nationwide Fund Advisors now owns 100,121 shares of the specialty retailer’s stock worth $926,000 after acquiring an additional 4,304 shares in the last quarter. Finally, Strs Ohio lifted its position in shares of Barnes & Noble by 22.1% during the first quarter. Strs Ohio now owns 81,200 shares of the specialty retailer’s stock worth $751,000 after acquiring an additional 14,700 shares in the last quarter. Hedge funds and other institutional investors own 71.61% of the company’s stock.

BKS has been the subject of several research analyst reports. ValuEngine upgraded Barnes & Noble from a “hold” rating to a “buy” rating in a research note on Thursday, May 25th. BidaskClub downgraded Barnes & Noble from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. Finally, Zacks Investment Research upgraded Barnes & Noble from a “hold” rating to a “buy” rating and set a $8.50 target price for the company in a research note on Tuesday, July 4th.

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.

Earnings History for Barnes & Noble (NYSE:BKS)

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