D. E. Shaw & Co. Inc. Acquires Shares of 58,183 Barnes & Noble Education, Inc. (NYSE:BNED)

D. E. Shaw & Co. Inc. acquired a new stake in shares of Barnes & Noble Education, Inc. (NYSE:BNED - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 58,183 shares of the specialty retailer's stock, valued at approximately $584,000. D. E. Shaw & Co. Inc. owned 0.19% of Barnes & Noble Education as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BNED. AMH Equity Ltd bought a new position in shares of Barnes & Noble Education during the 4th quarter valued at approximately $803,000. Charles Schwab Investment Management Inc. purchased a new position in Barnes & Noble Education during the fourth quarter valued at approximately $127,000. Prescott Group Capital Management L.L.C. boosted its position in shares of Barnes & Noble Education by 383.3% in the fourth quarter. Prescott Group Capital Management L.L.C. now owns 290,000 shares of the specialty retailer's stock worth $2,912,000 after purchasing an additional 230,000 shares during the period. DCF Advisers LLC increased its stake in shares of Barnes & Noble Education by 107.9% in the fourth quarter. DCF Advisers LLC now owns 175,713 shares of the specialty retailer's stock worth $1,764,000 after purchasing an additional 91,213 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Barnes & Noble Education in the fourth quarter worth $34,000. 38.51% of the stock is currently owned by institutional investors.

Barnes & Noble Education Stock Performance

Shares of Barnes & Noble Education stock remained flat at $11.98 during trading hours on Friday. The stock had a trading volume of 36,168 shares, compared to its average volume of 416,593. The stock has a 50-day moving average price of $10.12 and a 200 day moving average price of $10.37. Barnes & Noble Education, Inc. has a fifty-two week low of $6.05 and a fifty-two week high of $81.28. The firm has a market cap of $407.97 million, a P/E ratio of -0.35 and a beta of 1.74. The company has a current ratio of 1.31, a quick ratio of 0.71 and a debt-to-equity ratio of 0.87.

Analyst Ratings Changes

Separately, Wall Street Zen cut shares of Barnes & Noble Education from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st.

Barnes & Noble Education Company Profile

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.