Jane Street Group LLC acquired a new position in shares of Barnes & Noble Education, Inc. (NYSE:BNED - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 71,470 shares of the specialty retailer's stock, valued at approximately $718,000. Jane Street Group LLC owned about 0.24% of Barnes & Noble Education at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Susquehanna Fundamental Investments LLC acquired a new position in shares of Barnes & Noble Education during the fourth quarter valued at $122,000. Tower Research Capital LLC TRC increased its position in shares of 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 worth $94,000 after acquiring an additional 7,310 shares in the last quarter. MYDA Advisors LLC raised its stake in Barnes & Noble Education by 21.9% during the 4th quarter. MYDA Advisors LLC now owns 128,000 shares of the specialty retailer's stock valued at $1,285,000 after purchasing an additional 23,000 shares during the period. Greenhaven Road Investment Management L.P. acquired a new position in Barnes & Noble Education during the fourth quarter valued at $5,220,000. Finally, Marshall Wace LLP lifted its position in shares of Barnes & Noble Education by 2,751.4% in the fourth quarter. Marshall Wace LLP now owns 304,335 shares of the specialty retailer's stock worth $3,056,000 after purchasing an additional 293,662 shares in the last quarter. Institutional investors own 38.51% of the company's stock.
Wall Street Analysts Forecast Growth
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.
Check Out Our Latest Report on Barnes & Noble Education
Barnes & Noble Education Stock Performance
BNED stock traded down $0.08 on Friday, reaching $11.90. 23,339 shares of the company were exchanged, compared to its average volume of 372,021. The stock's fifty day moving average price is $10.12 and its 200 day moving average price is $10.37. Barnes & Noble Education, Inc. has a 12 month low of $6.05 and a 12 month high of $81.28. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.31 and a quick ratio of 0.71. The firm has a market capitalization of $405.28 million, a PE ratio of -0.35 and a beta of 1.74.
Barnes & Noble Education Company Profile
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Free Report)
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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