Marshall Wace LLP Increases Stock Holdings in Barnes & Noble Education, Inc. (NYSE:BNED)

Marshall Wace LLP grew its stake in shares of Barnes & Noble Education, Inc. (NYSE:BNED - Free Report) by 2,751.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 304,335 shares of the specialty retailer's stock after acquiring an additional 293,662 shares during the period. Marshall Wace LLP owned about 1.01% of Barnes & Noble Education worth $3,056,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Geode Capital Management LLC raised its position in Barnes & Noble Education by 104.0% during the 3rd quarter. Geode Capital Management LLC now owns 152,839 shares of the specialty retailer's stock valued at $1,416,000 after purchasing an additional 77,932 shares in the last quarter. AMH Equity Ltd bought a new position in Barnes & Noble Education during the 4th quarter worth about $803,000. Renaissance Technologies LLC purchased a new position in Barnes & Noble Education during the 4th quarter valued at about $1,976,000. CenterBook Partners LP purchased a new stake in shares of Barnes & Noble Education in the 4th quarter worth approximately $1,429,000. Finally, Kanen Wealth Management LLC boosted its stake in shares of Barnes & Noble Education by 49.6% during the fourth quarter. Kanen Wealth Management LLC now owns 2,365,360 shares of the specialty retailer's stock valued at $23,748,000 after purchasing an additional 784,576 shares in the last quarter. Hedge funds and other institutional investors own 38.51% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Barnes & Noble Education from a "hold" rating to a "sell" rating in a research note on Tuesday, April 15th.

Barnes & Noble Education Stock Up 0.9 %

Shares of BNED stock traded up $0.10 during mid-day trading on Friday, hitting $10.51. 27,959 shares of the stock traded hands, compared to its average volume of 420,748. The stock's fifty day moving average is $9.58 and its two-hundred day moving average is $10.26. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.31 and a quick ratio of 0.71. Barnes & Noble Education, Inc. has a 52-week low of $6.05 and a 52-week high of $135.00. The stock has a market cap of $357.74 million, a P/E ratio of -0.31 and a beta of 1.83.

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.