Barnes & Noble Inc. (NYSE:BKS) traded down 1% during trading on Tuesday . The company traded as low as $11.45 and last traded at $11.49, with a volume of 285,655 shares traded. The stock had previously closed at $11.61.

A number of equities research analysts have commented on the stock. Gabelli lowered shares of Barnes & Noble from a “buy” rating to a “hold” rating in a report on Wednesday, August 17th. TheStreet lowered shares of Barnes & Noble from a “buy” rating to a “hold” rating in a report on Wednesday, May 4th. Sidoti assumed coverage on shares of Barnes & Noble in a report on Thursday, August 18th. They set a “neutral” rating and a $13.00 price objective on the stock. Finally, Zacks Investment Research lowered shares of Barnes & Noble from a “buy” rating to a “hold” rating in a report on Tuesday. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of C$17.10.

The firm’s market cap is $853.88 million. The stock’s 50-day moving average is $12.62 and its 200 day moving average is $11.62.

Barnes & Noble (NYSE:BKS) last announced its earnings results on Wednesday, June 22nd. The company reported ($0.42) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.24) by $0.18. During the same period in the previous year, the firm earned ($0.37) earnings per share. The firm had revenue of $876.70 million for the quarter. The business’s revenue for the quarter was down 3.7% on a year-over-year basis. On average, equities research analysts expect that Barnes & Noble Inc. will post $0.60 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 29th. Stockholders of record on Friday, July 8th were given a $0.15 dividend. The ex-dividend date was Wednesday, July 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.25%.

Several large investors have made changes to their positions in BKS. Dimensional Fund Advisors LP boosted its stake in shares of Barnes & Noble by 8.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,252,050 shares of the company’s stock worth $54,455,000 after buying an additional 503,755 shares during the last quarter. Morgan Stanley increased its position in Barnes & Noble by 35.7% in the fourth quarter. Morgan Stanley now owns 1,389,575 shares of the company’s stock worth $12,102,000 after buying an additional 365,931 shares during the period. Finally, New York State Common Retirement Fund increased its position in Barnes & Noble by 136.2% in the fourth quarter. New York State Common Retirement Fund now owns 376,280 shares of the company’s stock worth $3,277,000 after buying an additional 216,970 shares during the period.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.