OMERS ADMINISTRATION Corp acquired a new position 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 & Exchange Commission. The institutional investor acquired 35,000 shares of the specialty retailer's stock, valued at approximately $351,000. OMERS ADMINISTRATION Corp owned 0.12% of Barnes & Noble Education as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Quantbot Technologies LP bought a new position in Barnes & Noble Education in the fourth quarter worth approximately $34,000. Bank of America Corp DE boosted its stake in shares of Barnes & Noble Education by 1,412.1% during the 4th quarter. Bank of America Corp DE now owns 6,139 shares of the specialty retailer's stock worth $62,000 after purchasing an additional 5,733 shares during the period. Tower Research Capital LLC TRC lifted its holdings in Barnes & Noble Education by 362.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 9,328 shares of the specialty retailer's stock valued at $94,000 after buying an additional 7,310 shares in the last quarter. Susquehanna Fundamental Investments LLC bought a new stake in shares of Barnes & Noble Education in the 4th quarter valued at about $122,000. Finally, Charles Schwab Investment Management Inc. bought a new stake in shares of Barnes & Noble Education in the 4th quarter valued at about $127,000. Hedge funds and other institutional investors own 38.51% of the company's stock.
Barnes & Noble Education Stock Performance
NYSE:BNED traded down $0.07 during trading hours on Friday, hitting $10.55. 211,339 shares of the company were exchanged, compared to its average volume of 413,632. The company's 50 day moving average price is $10.02 and its 200-day moving average price is $10.36. The stock has a market capitalization of $359.41 million, a price-to-earnings ratio of -0.31 and a beta of 1.74. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.31 and a quick ratio of 0.71. Barnes & Noble Education, Inc. has a 52-week low of $6.05 and a 52-week high of $81.28.
Analyst Ratings Changes
Separately, Wall Street Zen downgraded shares of Barnes & Noble Education from a "hold" rating to a "sell" rating in a research report on Wednesday.
Read Our Latest Analysis on Barnes & Noble Education
About Barnes & Noble Education
(
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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