Jane Street Group LLC Buys Shares of 71,470 Barnes & Noble Education, Inc. (NYSE:BNED)

Jane Street Group LLC purchased a new stake in 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. The institutional investor purchased 71,470 shares of the specialty retailer's stock, valued at approximately $718,000. Jane Street Group LLC owned 0.24% of Barnes & Noble Education at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Quantbot Technologies LP bought a new position in shares of Barnes & Noble Education during the fourth quarter worth about $34,000. Tower Research Capital LLC TRC grew its stake in Barnes & Noble Education by 362.2% in the 4th 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 during the period. Susquehanna Fundamental Investments LLC bought a new position in Barnes & Noble Education in the 4th quarter valued at $122,000. Charles Schwab Investment Management Inc. purchased a new position in shares of Barnes & Noble Education during the 4th quarter valued at $127,000. Finally, Aristides Capital LLC purchased a new stake in Barnes & Noble Education during the 4th quarter worth about $155,000. Institutional investors own 38.51% of the company's stock.

Barnes & Noble Education Stock Up 0.8%

Shares of BNED stock traded up $0.09 during mid-day trading on Thursday, hitting $11.78. The company's stock had a trading volume of 268,122 shares, compared to its average volume of 416,696. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.71 and a current ratio of 1.31. Barnes & Noble Education, Inc. has a 52-week low of $6.05 and a 52-week high of $81.28. The stock has a market cap of $401.16 million, a price-to-earnings ratio of -0.35 and a beta of 1.74. The business has a 50-day moving average price of $10.09 and a 200 day moving average price of $10.36.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Barnes & Noble Education from a "hold" rating to a "sell" rating in a research report 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.