AMH Equity Ltd Purchases New Holdings in Barnes & Noble Education, Inc. (NYSE:BNED)

AMH Equity Ltd purchased a new stake in Barnes & Noble Education, Inc. (NYSE:BNED) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 80,000 shares of the specialty retailer’s stock, valued at approximately $803,000. AMH Equity Ltd owned approximately 0.26% of Barnes & Noble Education as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. FNY Investment Advisers LLC acquired a new stake in shares of Barnes & Noble Education during the 4th quarter valued at about $49,000. Centiva Capital LP acquired a new stake in Barnes & Noble Education during the third quarter valued at approximately $169,000. State Street Corp boosted its holdings in Barnes & Noble Education by 40.9% during the third quarter. State Street Corp now owns 35,463 shares of the specialty retailer’s stock valued at $328,000 after purchasing an additional 10,300 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Barnes & Noble Education by 104.0% in the 3rd quarter. Geode Capital Management LLC now owns 152,839 shares of the specialty retailer’s stock valued at $1,416,000 after purchasing an additional 77,932 shares during the period. Finally, Kanen Wealth Management LLC raised its holdings 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 worth $23,748,000 after buying an additional 784,576 shares in the last quarter. Institutional investors own 38.51% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Barnes & Noble Education from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st.

Barnes & Noble Education Stock Up 3.5 %

Shares of NYSE:BNED opened at $9.96 on Thursday. The company has a market capitalization of $300.78 million, a PE ratio of -0.30 and a beta of 2.11. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.71 and a current ratio of 1.31. The company’s fifty day moving average is $10.66 and its 200-day moving average is $10.68. Barnes & Noble Education, Inc. has a 52 week low of $6.05 and a 52 week high of $135.00.

Barnes & Noble Education (NYSE:BNED) last released its quarterly earnings results on Monday, December 9th. The specialty retailer reported $1.91 earnings per share (EPS) for the quarter. Barnes & Noble Education had a negative return on equity of 6.95% and a negative net margin of 5.57%.

Barnes & Noble Education 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.