MetLife Investment Management LLC Has $150,000 Position in BARK, Inc. (NYSE:BARK)

MetLife Investment Management LLC lifted its holdings in shares of BARK, Inc. (NYSE:BARK) by 104.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 81,304 shares of the company’s stock after buying an additional 41,519 shares during the period. MetLife Investment Management LLC’s holdings in BARK were worth $150,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Barclays PLC boosted its position in BARK by 146.8% during the third quarter. Barclays PLC now owns 211,446 shares of the company’s stock valued at $345,000 after purchasing an additional 125,756 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of BARK by 330.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 256,422 shares of the company’s stock worth $418,000 after purchasing an additional 196,920 shares in the last quarter. ARS Investment Partners LLC boosted its holdings in shares of BARK by 5.0% in the 4th quarter. ARS Investment Partners LLC now owns 250,452 shares of the company’s stock valued at $461,000 after buying an additional 12,000 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of BARK by 43.5% in the 4th quarter. SG Americas Securities LLC now owns 65,472 shares of the company’s stock valued at $120,000 after buying an additional 19,849 shares during the last quarter. Finally, US Bancorp DE bought a new position in shares of BARK in the fourth quarter valued at $31,000. Institutional investors own 28.76% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Lake Street Capital set a $3.00 price target on shares of BARK in a research report on Tuesday, January 14th.

BARK Stock Performance

BARK stock opened at $1.19 on Friday. The stock has a 50-day simple moving average of $1.33 and a 200 day simple moving average of $1.68. The stock has a market capitalization of $207.27 million, a P/E ratio of -6.24 and a beta of 1.98. BARK, Inc. has a 52 week low of $1.09 and a 52 week high of $2.56.

BARK (NYSE:BARK) last issued its earnings results on Wednesday, February 5th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02). BARK had a negative return on equity of 15.34% and a negative net margin of 6.47%. Research analysts forecast that BARK, Inc. will post -0.09 earnings per share for the current year.

BARK Company Profile

BARK Inc, a dog-centric company, provides products, services, and content for dogs. It operates in two segments, Direct to Consumer and Commerce. The company serves dogs through monthly subscription services. It is also involved in the design of playstyle-specific toys, satisfying treats, personal meal plans with supplements, and dog-first experiences designed to foster health and happiness of dogs everywhere.