Peapod Lane Capital LLC bought a new stake in Scholastic Corporation (NASDAQ:SCHL - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 26,757 shares of the company's stock, valued at approximately $505,000. Peapod Lane Capital LLC owned approximately 0.10% of Scholastic as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Lazard Asset Management LLC acquired a new position in shares of Scholastic in the fourth quarter worth $33,000. GAMMA Investing LLC raised its stake in Scholastic by 182.4% in the 1st quarter. GAMMA Investing LLC now owns 1,776 shares of the company's stock valued at $34,000 after purchasing an additional 1,147 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in Scholastic in the 4th quarter valued at about $96,000. Sterling Capital Management LLC boosted its stake in shares of Scholastic by 7.5% during the 4th quarter. Sterling Capital Management LLC now owns 9,444 shares of the company's stock worth $201,000 after purchasing an additional 662 shares during the last quarter. Finally, BOKF NA grew its holdings in shares of Scholastic by 17.7% during the fourth quarter. BOKF NA now owns 10,987 shares of the company's stock worth $234,000 after buying an additional 1,656 shares in the last quarter. Hedge funds and other institutional investors own 82.57% of the company's stock.
Scholastic Trading Down 3.1%
Shares of NASDAQ:SCHL traded down $0.68 during trading on Friday, reaching $21.45. The stock had a trading volume of 219,083 shares, compared to its average volume of 294,026. The company has a quick ratio of 0.79, a current ratio of 1.23 and a debt-to-equity ratio of 0.29. The stock has a market cap of $602.75 million, a P/E ratio of 35.75 and a beta of 1.08. The business has a fifty day moving average price of $19.22 and a 200-day moving average price of $19.27. Scholastic Corporation has a fifty-two week low of $15.77 and a fifty-two week high of $38.77.
Scholastic Profile
(
Free Report)
Scholastic Corporation publishes and distributes children's books worldwide. It operates in three segments: Children's Book Publishing and Distribution, Education Solutions, and International. The Children's Book Publishing and Distribution segment engages in publication and distribution of children's print, digital, and audio books, as well as media and interactive products through its school reading events and trade channel; and operation of school-based book clubs and book fairs in the United States.
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