Aperio Group LLC boosted its position in Barnes & Noble, Inc. (NYSE:BKS) by 120.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,726 shares of the specialty retailer’s stock after acquiring an additional 23,920 shares during the period. Aperio Group LLC owned 0.06% of Barnes & Noble worth $332,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of BKS. Campbell & CO Investment Adviser LLC bought a new position in shares of Barnes & Noble during the 2nd quarter valued at about $101,000. Petrus Trust Company LTA raised its position in Barnes & Noble by 70.0% in the 2nd quarter. Petrus Trust Company LTA now owns 22,086 shares of the specialty retailer’s stock valued at $168,000 after buying an additional 9,097 shares during the last quarter. KBC Group NV raised its position in Barnes & Noble by 57.9% in the 2nd 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 last quarter. Quantitative Systematic Strategies LLC acquired a new position in shares of Barnes & Noble during the 3rd quarter worth approximately $190,000. Finally, BNP Paribas Arbitrage SA boosted its stake in shares of Barnes & Noble by 33.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 27,902 shares of the specialty retailer’s stock worth $212,000 after acquiring an additional 6,947 shares during the period. Institutional investors and hedge funds own 66.32% of the company’s stock.
Shares of Barnes & Noble, Inc. (NYSE:BKS) opened at $6.50 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.18 and a current ratio of 1.11. The stock has a market capitalization of $473.11, a price-to-earnings ratio of 31.43, a P/E/G ratio of 1.29 and a beta of 2.65. Barnes & Noble, Inc. has a 52 week low of $6.25 and a 52 week high of $13.20.
A number of analysts have recently weighed in on BKS shares. Zacks Investment Research upgraded Barnes & Noble from a “sell” rating to a “hold” rating in a research report on Wednesday, November 8th. Craig Hallum cut Barnes & Noble from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.
In related news, VP Frederic Argir sold 21,148 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $6.90, for a total value of $145,921.20. Following the transaction, the vice president now directly owns 70,213 shares of the company’s stock, valued at approximately $484,469.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Leonard Riggio acquired 1,000,000 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was acquired at an average cost of $6.80 per share, for a total transaction of $6,800,000.00. Following the completion of the transaction, the chairman now directly owns 8,594,491 shares in the company, valued at approximately $58,442,538.80. The disclosure for this purchase can be found here. Corporate insiders own 19.00% of the company’s stock.
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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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