47,897 Shares in Barnes & Noble Education, Inc. (NYSE:BNED) Bought by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC acquired a new position in shares of Barnes & Noble Education, Inc. (NYSE:BNED - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 47,897 shares of the specialty retailer's stock, valued at approximately $481,000. Cubist Systematic Strategies LLC owned 0.16% of Barnes & Noble Education as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Quantbot Technologies LP bought a new position in Barnes & Noble Education in the fourth quarter valued at $34,000. Bank of America Corp DE grew its position in Barnes & Noble Education by 1,412.1% in the fourth quarter. Bank of America Corp DE now owns 6,139 shares of the specialty retailer's stock valued at $62,000 after purchasing an additional 5,733 shares in the last quarter. Tower Research Capital LLC TRC grew its position in Barnes & Noble Education by 362.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 9,328 shares of the specialty retailer's stock valued at $94,000 after purchasing an additional 7,310 shares in the last quarter. Susquehanna Fundamental Investments LLC bought a new position in Barnes & Noble Education in the fourth quarter valued at $122,000. Finally, Charles Schwab Investment Management Inc. bought a new position in Barnes & Noble Education in the fourth quarter valued at $127,000. 38.51% of the stock is currently owned by institutional investors and hedge funds.

Barnes & Noble Education Stock Performance

NYSE BNED opened at $10.95 on Friday. The firm has a 50-day moving average of $9.88 and a 200-day moving average of $10.30. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.71 and a current ratio of 1.31. The stock has a market cap of $372.76 million, a PE ratio of -0.32 and a beta of 1.74. Barnes & Noble Education, Inc. has a 52-week low of $6.05 and a 52-week high of $135.00.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Barnes & Noble Education from a "sell" rating to a "hold" rating in a research report on Tuesday.

About Barnes & Noble Education

Barnes and Noble Education, Inc engages in the management and operation of bookstore chains in universities. It operates through the Retail and Wholesale segments. The Retail segment operates college, university, and K-12 school bookstores, physical bookstores, and virtual bookstores. The Wholesale segment sells and distributes new and used textbooks to physical bookstores.

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