December 25, 2017 - By Nellie Frank
Lee Ainslie decreased its stake in Barnes & Noble Inc (BKS) by 77.67% based on its latest 2017Q3 regulatory filing with the SEC. Maverick Capital Ltd sold 71,655 shares as the company’s stock declined 33.81% while stock markets rallied. The hedge fund run by Lee Ainslie held 20,600 shares of the consumer services company at the end of 2017Q3, valued at $157,000, down from 92,255 at the end of the previous reported quarter. Maverick Capital Ltd who had been investing in Barnes & Noble Inc for a number of months, seems to be less bullish one the $493.99 million market cap company. The stock decreased 1.45% or $0.1 during the last trading session, reaching $6.8. About 1.21M shares traded. Barnes & Noble, Inc. (NYSE:BKS) has declined 38.50% since December 25, 2016 and is downtrending. It has underperformed by 55.20% the S&P500.
Nomura Holdings Inc increased its stake in Us Bancorp (USB) by 88.03% based on its latest 2017Q3 regulatory filing with the SEC. Nomura Holdings Inc bought 41,460 shares as the company’s stock declined 6.89% while stock markets rallied. The institutional investor held 88,560 shares of the major banks company at the end of 2017Q3, valued at $4.59 million, up from 47,100 at the end of the previous reported quarter. Nomura Holdings Inc who had been investing in Us Bancorp for a number of months, seems to be bullish on the $90.38B market cap company. The stock decreased 0.13% or $0.07 during the last trading session, reaching $54.46. About 3.80M shares traded. U.S. Bancorp (NYSE:USB) has risen 23.07% since December 25, 2016 and is uptrending. It has outperformed by 6.37% the S&P500.
Investors sentiment decreased to 1.42 in Q3 2017. Its down 0.06, from 1.48 in 2017Q2. It turned negative, as 20 investors sold BKS 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. Schwab Charles Mngmt stated it has 794,765 shares. The Pennsylvania-based Vanguard Grp Incorporated Incorporated has invested 0% in Barnes & Noble, Inc. (NYSE:BKS). Texas Permanent School Fund stated it has 0% in Barnes & Noble, Inc. (NYSE:BKS). Bancshares Of Montreal Can owns 1,410 shares. Gru One Trading Ltd Partnership invested in 0% or 24,338 shares. Metropolitan Life New York holds 45,217 shares or 0% of its portfolio. Schmidt P J Management Inc, Wisconsin-based fund reported 10,000 shares. Strs Ohio, a Ohio-based fund reported 98,900 shares. Invesco Limited has invested 0% in Barnes & Noble, Inc. (NYSE:BKS). Cubist Systematic Strategies Ltd Llc reported 22,512 shares or 0.01% of all its holdings. Public Employees Retirement Association Of Colorado holds 0% or 16,416 shares in its portfolio. Towerview Limited Liability Com accumulated 2.38M shares. Two Sigma Limited Liability Company reported 23,259 shares or 0.02% of all its holdings. Group holds 0% of its portfolio in Barnes & Noble, Inc. (NYSE:BKS) for 46,771 shares. Kbc Gp Nv invested in 143,207 shares.
Analysts await Barnes & Noble, Inc. (NYSE:BKS) to report earnings on March, 1. They expect $1.01 earnings per share, up 5.21% or $0.05 from last year’s $0.96 per share. BKS’s profit will be $73.37 million for 1.68 P/E if the $1.01 EPS becomes a reality. After $-0.41 actual earnings per share reported by Barnes & Noble, Inc. for the previous quarter, Wall Street now forecasts -346.34% EPS growth.
Maverick Capital Ltd, which manages about $14.71B and $7.88B US Long portfolio, upped its stake in Taiwan Semiconductor Mfg Ltd (NYSE:TSM) by 22,780 shares to 90,640 shares, valued at $3.40 million in 2017Q3, according to the filing. It also increased its holding in Xilinx Inc (NASDAQ:XLNX) by 13,770 shares in the quarter, for a total of 73,280 shares, and has risen its stake in Mgm Resorts International (NYSE:MGM).
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 stock of Barnes & Noble, Inc. (NYSE:BKS) has “Hold” rating given on Wednesday, August 17 by Gabelli. Craig Hallum initiated the shares of BKS in report on Monday, July 27 with “Buy” rating. The rating was initiated by Cantor Fitzgerald with “Buy” on Wednesday, October 7. The stock of Barnes & Noble, Inc. (NYSE:BKS) earned “Hold” rating by Stifel Nicolaus on Friday, September 4. The stock of Barnes & Noble, Inc. (NYSE:BKS) has “Buy” rating given on Friday, May 26 by ValuEngine. The rating was initiated by Gabelli on Monday, October 12 with “Buy”. The rating was initiated by Sidoti with “Neutral” on Thursday, August 18. Craig Hallum downgraded Barnes & Noble, Inc. (NYSE:BKS) on Friday, December 1 to “Hold” rating.
Since August 9, 2017, it had 0 insider purchases, and 1 sale for $15,927 activity.
Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.01, from 0.9 in 2017Q2. It dived, as 61 investors sold USB shares while 441 reduced holdings. 81 funds opened positions while 368 raised stakes. 1.20 billion shares or 1.15% less from 1.21 billion shares in 2017Q2 were reported. Princeton Strategies Gru Ltd Liability Corporation holds 7,173 shares. Cedar Hill has invested 0.04% in U.S. Bancorp (NYSE:USB). Choate Investment Advsr stated it has 58,313 shares. Dearborn Partners Ltd Llc invested in 0.09% or 21,614 shares. The -based Marshfield Associate has invested 3.72% in U.S. Bancorp (NYSE:USB). Cs Mckee LP holds 138,771 shares. 21,734 are owned by Moors & Cabot Incorporated. Barr E S And Company holds 13,820 shares. Victory Capital Management has invested 0.07% in U.S. Bancorp (NYSE:USB). Quantitative Inv Management Limited Liability holds 491,400 shares. Lsv Asset has invested 0% in U.S. Bancorp (NYSE:USB). Kings Point Cap stated it has 0.12% in U.S. Bancorp (NYSE:USB). Cibc World Corp holds 0.12% or 231,467 shares in its portfolio. Caisse De Depot Et Placement Du Quebec accumulated 264,862 shares or 0.03% of the stock. Brown Brothers Harriman invested in 19.16 million shares or 5.47% of the stock.
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