Walleye Capital LLC Has $193,000 Stake in Barnes & Noble Education, Inc. (NYSE:BNED)

Walleye Capital LLC boosted its position in shares of Barnes & Noble Education, Inc. (NYSE:BNEDGet Rating) by 12.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,866 shares of the specialty retailer’s stock after buying an additional 7,258 shares during the period. Walleye Capital LLC’s holdings in Barnes & Noble Education were worth $193,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Barnes & Noble Education by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 2,442,583 shares of the specialty retailer’s stock valued at $8,744,000 after purchasing an additional 86,536 shares in the last quarter. Greenhaven Road Investment Management L.P. boosted its stake in shares of Barnes & Noble Education by 13.2% in the 1st quarter. Greenhaven Road Investment Management L.P. now owns 2,360,813 shares of the specialty retailer’s stock valued at $8,452,000 after purchasing an additional 275,045 shares in the last quarter. Royce & Associates LP boosted its stake in shares of Barnes & Noble Education by 10.2% in the 1st quarter. Royce & Associates LP now owns 1,968,420 shares of the specialty retailer’s stock valued at $7,047,000 after purchasing an additional 182,249 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Barnes & Noble Education by 36.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,538,632 shares of the specialty retailer’s stock valued at $4,505,000 after purchasing an additional 415,106 shares in the last quarter. Finally, Towerview LLC boosted its stake in shares of Barnes & Noble Education by 19.4% in the 2nd quarter. Towerview LLC now owns 1,505,000 shares of the specialty retailer’s stock valued at $4,410,000 after purchasing an additional 245,000 shares in the last quarter. 60.93% of the stock is currently owned by institutional investors and hedge funds.

Barnes & Noble Education Stock Down 1.9 %

NYSE:BNED opened at $2.65 on Friday. The firm’s 50 day simple moving average is $2.65 and its 200 day simple moving average is $2.67. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.09 and a quick ratio of 0.32. Barnes & Noble Education, Inc. has a one year low of $1.90 and a one year high of $10.50. The company has a market cap of $138.73 million, a PE ratio of -1.74 and a beta of 1.84.

Barnes & Noble Education (NYSE:BNEDGet Rating) last posted its earnings results on Wednesday, August 31st. The specialty retailer reported ($0.97) EPS for the quarter. Barnes & Noble Education had a negative return on equity of 28.56% and a negative net margin of 5.01%. The business had revenue of $263.86 million for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Barnes & Noble Education in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock.

Barnes & Noble Education Company Profile

(Get Rating)

Barnes & Noble Education, Inc operates bookstores for college and university campuses, and K-12 institutions in the United States. It operates through three segments: Retail, Wholesale, and Digital Student Solutions. The company sells and rents new and used print textbooks, digital textbooks, and publisher hosted digital courseware through physical and virtual bookstores, as well as directly to students through Textbooks.com.

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Institutional Ownership by Quarter for Barnes & Noble Education (NYSE:BNED)

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