Jane Street Group LLC Makes New $718,000 Investment in Barnes & Noble Education, Inc. (NYSE:BNED)

Jane Street Group LLC acquired a new position in shares of Barnes & Noble Education, Inc. (NYSE:BNED) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 71,470 shares of the specialty retailer’s stock, valued at approximately $718,000. Jane Street Group LLC owned approximately 0.24% of Barnes & Noble Education at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Greenhaven Road Investment Management L.P. purchased a new stake in shares of Barnes & Noble Education in the fourth quarter valued at approximately $5,220,000. Marshall Wace LLP grew its position in shares of Barnes & Noble Education by 2,751.4% in the fourth quarter. Marshall Wace LLP now owns 304,335 shares of the specialty retailer’s stock valued at $3,056,000 after purchasing an additional 293,662 shares in the last quarter. Prescott Group Capital Management L.L.C. grew its position in shares of Barnes & Noble Education by 383.3% in the fourth quarter. Prescott Group Capital Management L.L.C. now owns 290,000 shares of the specialty retailer’s stock valued at $2,912,000 after purchasing an additional 230,000 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Barnes & Noble Education in the fourth quarter valued at approximately $1,976,000. Finally, CenterBook Partners LP purchased a new stake in shares of Barnes & Noble Education in the fourth quarter valued at approximately $1,429,000. 38.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Barnes & Noble Education from a “hold” rating to a “sell” rating in a research report on Wednesday, May 21st.

Barnes & Noble Education Trading Down 0.6%

Shares of Barnes & Noble Education stock opened at $10.55 on Monday. The firm has a market capitalization of $359.41 million, a price-to-earnings ratio of -0.31 and a beta of 1.74. Barnes & Noble Education, Inc. has a fifty-two week low of $6.05 and a fifty-two week high of $81.28. 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 stock has a 50 day moving average of $10.02 and a 200 day moving average of $10.36.

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.