Barnes & Noble Education, Inc. (NYSE:BNED) Shares Bought by Diametric Capital LP

Diametric Capital LP boosted its holdings in Barnes & Noble Education, Inc. (NYSE:BNED) by 108.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,042 shares of the specialty retailer’s stock after acquiring an additional 11,453 shares during the quarter. Diametric Capital LP owned 0.07% of Barnes & Noble Education worth $221,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Quantbot Technologies LP bought a new position in shares of Barnes & Noble Education during the 4th quarter valued at about $34,000. FNY Investment Advisers LLC bought a new stake in Barnes & Noble Education during the fourth quarter worth approximately $49,000. State Street Corp grew its position in Barnes & Noble Education by 40.9% in the third quarter. State Street Corp now owns 35,463 shares of the specialty retailer’s stock worth $328,000 after buying an additional 10,300 shares during the last quarter. Charles Schwab Investment Management Inc. bought a new position in shares of Barnes & Noble Education in the fourth quarter valued at $127,000. Finally, Centiva Capital LP acquired a new stake in shares of Barnes & Noble Education during the 3rd quarter valued at $169,000. Institutional investors and hedge funds own 38.51% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Barnes & Noble Education from a “hold” rating to a “sell” rating in a research report on Saturday, March 29th.

Barnes & Noble Education Stock Performance

Barnes & Noble Education stock opened at $10.75 on Thursday. Barnes & Noble Education, Inc. has a fifty-two week low of $6.05 and a fifty-two week high of $135.00. The firm’s 50 day simple moving average is $10.28 and its 200-day simple moving average is $10.29. 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 company has a market cap of $366.08 million, a P/E ratio of -0.32 and a beta of 2.23.

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.