Barnes & Noble (NYSE:BKS) Gets an Upgrade to a Hold Rating

September 8, 2018 - By Billy Entrekin

Barnes & Noble, Inc. (NYSE:BKS) Logo

Investors sentiment decreased to 0.73 in Q1 2018. Its down 0.22, from 0.95 in 2017Q4. It fall, as 28 investors sold Barnes & Noble, Inc. shares while 43 reduced holdings. 21 funds opened positions while 31 raised stakes. 41.44 million shares or 11.95% less from 47.06 million shares in 2017Q4 were reported.

Geode Mgmt Ltd Liability Com has 0% invested in Barnes & Noble, Inc. (NYSE:BKS) for 599,464 shares. Qs Invsts Ltd Company has 0.01% invested in Barnes & Noble, Inc. (NYSE:BKS) for 233,869 shares. Bnp Paribas Arbitrage Sa reported 19,030 shares or 0% of all its holdings. Sei Investments holds 0% in Barnes & Noble, Inc. (NYSE:BKS) or 400 shares. The New York-based Tiaa Cref Investment Mgmt Lc has invested 0% in Barnes & Noble, Inc. (NYSE:BKS). Advsr Preferred Ltd has invested 0.01% in Barnes & Noble, Inc. (NYSE:BKS). Gabelli Funds Llc, a New York-based fund reported 31,500 shares. Credit Suisse Ag holds 44,616 shares or 0% of its portfolio. Bridgeway Management holds 114,900 shares. Vanguard holds 0% or 4.18M shares. Louisiana State Employees Retirement invested 0.01% in Barnes & Noble, Inc. (NYSE:BKS). Walleye Trading Ltd Liability Corp stated it has 101,892 shares. S Muoio & Ltd Co holds 0.34% in Barnes & Noble, Inc. (NYSE:BKS) or 125,800 shares. Harvest Mgmt Ltd Com, New York-based fund reported 37,200 shares. Mason Street Lc owns 0% invested in Barnes & Noble, Inc. (NYSE:BKS) for 15,750 shares.

Barnes & Noble (NYSE:BKS) Stock Upgrade

New York-listed Barnes & Noble (NYSE:BKS), was upgraded by research analysts at Gabelli & Co. The firm upgraded its rating on the $386.25M market capitalized company to a respectable Buy from their past rating of Hold.

The stock increased 16.48% or $0.75 during the last trading session, reaching $5.3. About 3.66 million shares traded or 243.04% up from the average. Barnes & Noble, Inc. (NYSE:BKS) has declined 21.90% since September 8, 2017 and is downtrending. It has underperformed by 34.47% the S&P500.

Barnes & Noble, Inc. operates as a content and commerce firm in the United States. The company has market cap of $386.25 million. Barnes & Noble, Inc. operates as a retailer of books, content, digital media, and educational products. It currently has negative earnings. 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.

More notable recent Barnes & Noble, Inc. (NYSE:BKS) news were published by: Benzinga.com which released: “Earnings Scheduled For September 6, 2018” on September 06, 2018, also Seekingalpha.com with their article: “Barnes & Noble: Resist The Temptation” published on September 06, 2018, Seekingalpha.com published: “Stocks To Watch: Time To Talk Valuation” on September 01, 2018. More interesting news about Barnes & Noble, Inc. (NYSE:BKS) were released by: Benzinga.com and their article: “Mid-Afternoon Market Update: Okta Gains After Strong Q2 Results; eGain Shares Plummet” published on September 07, 2018 as well as Benzinga.com‘s news article titled: “55 Biggest Movers From Yesterday” with publication date: September 07, 2018.

Barnes & Noble, Inc. (NYSE:BKS) Institutional Positions Chart

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