CenterBook Partners LP Takes Position in Barnes & Noble Education, Inc. (NYSE:BNED)

CenterBook Partners LP bought a new position in shares of Barnes & Noble Education, Inc. (NYSE:BNED - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 142,354 shares of the specialty retailer's stock, valued at approximately $1,429,000. CenterBook Partners LP owned about 0.47% of Barnes & Noble Education at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Quantbot Technologies LP acquired a new position in Barnes & Noble Education in the fourth quarter valued at about $34,000. FNY Investment Advisers LLC purchased a new position in Barnes & Noble Education during the 4th quarter valued at about $49,000. Charles Schwab Investment Management Inc. purchased a new stake in shares of Barnes & Noble Education during the fourth quarter worth about $127,000. Aristides Capital LLC purchased a new stake in Barnes & Noble Education in the 4th quarter valued at about $155,000. Finally, Centiva Capital LP purchased a new position in shares of Barnes & Noble Education in the 3rd quarter worth $169,000. 38.51% of the stock is currently owned by institutional investors and hedge funds.

Barnes & Noble Education Price Performance

Shares of Barnes & Noble Education stock traded up $0.09 during mid-day trading on Wednesday, reaching $9.45. 65,700 shares of the stock were exchanged, compared to its average volume of 410,712. The company has a current ratio of 1.31, a quick ratio of 0.71 and a debt-to-equity ratio of 0.87. The firm has a 50-day simple moving average of $9.78 and a 200 day simple moving average of $10.19. Barnes & Noble Education, Inc. has a fifty-two week low of $6.05 and a fifty-two week high of $135.00. The company has a market cap of $321.81 million, a price-to-earnings ratio of -0.28 and a beta of 1.83.

Analysts Set New Price Targets

Separately, StockNews.com cut Barnes & Noble Education from a "hold" rating to a "sell" rating in a research note 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.