OMERS ADMINISTRATION Corp Acquires Shares of 35,000 Barnes & Noble Education, Inc. (NYSE:BNED)

OMERS ADMINISTRATION Corp acquired a new stake in shares of Barnes & Noble Education, Inc. (NYSE:BNED - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 35,000 shares of the specialty retailer's stock, valued at approximately $351,000. OMERS ADMINISTRATION Corp owned about 0.12% of Barnes & Noble Education as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of BNED. Kanen Wealth Management LLC increased its stake in shares of Barnes & Noble Education by 49.6% in the 4th 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. AMH Equity Ltd purchased a new position in shares of Barnes & Noble Education in the 4th quarter valued at about $803,000. Charles Schwab Investment Management Inc. purchased a new position in shares of Barnes & Noble Education in the 4th quarter valued at about $127,000. Prescott Group Capital Management L.L.C. increased its stake in shares of Barnes & Noble Education by 383.3% in the 4th quarter. Prescott Group Capital Management L.L.C. now owns 290,000 shares of the specialty retailer's stock valued at $2,912,000 after purchasing an additional 230,000 shares in the last quarter. Finally, DCF Advisers LLC increased its stake in shares of Barnes & Noble Education by 107.9% in the 4th quarter. DCF Advisers LLC now owns 175,713 shares of the specialty retailer's stock valued at $1,764,000 after purchasing an additional 91,213 shares in the last quarter. Hedge funds and other institutional investors own 38.51% of the company's stock.

Barnes & Noble Education Price Performance

Shares of Barnes & Noble Education stock opened at $10.95 on Tuesday. The company has a quick ratio of 0.71, a current ratio of 1.31 and a debt-to-equity ratio of 0.87. Barnes & Noble Education, Inc. has a twelve month low of $6.05 and a twelve month high of $135.00. The business has a 50-day moving average price of $9.93 and a 200 day moving average price of $10.33. The firm has a market cap of $372.89 million, a PE ratio of -0.32 and a beta of 1.74.

Analyst Ratings Changes

Separately, StockNews.com upgraded Barnes & Noble Education from a "sell" rating to a "hold" rating in a research note on Tuesday, May 13th.

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.

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