Barnes & Noble Education, Inc $BNED Shares Purchased by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. increased its holdings in Barnes & Noble Education, Inc (NYSE:BNED) by 96.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 104,205 shares of the specialty retailer’s stock after buying an additional 51,190 shares during the period. Goldman Sachs Group Inc. owned about 0.31% of Barnes & Noble Education worth $1,094,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Greenhaven Road Investment Management L.P. lifted its position in Barnes & Noble Education by 105.6% in the 1st quarter. Greenhaven Road Investment Management L.P. now owns 1,069,162 shares of the specialty retailer’s stock worth $11,226,000 after buying an additional 549,265 shares in the last quarter. Immersion Corp boosted its holdings in Barnes & Noble Education by 1.8% in the first quarter. Immersion Corp now owns 11,208,746 shares of the specialty retailer’s stock valued at $117,692,000 after acquiring an additional 202,044 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Barnes & Noble Education during the fourth quarter worth $718,000. Millennium Management LLC bought a new stake in Barnes & Noble Education in the 4th quarter valued at approximately $534,000. Finally, CenterBook Partners LP raised its stake in shares of Barnes & Noble Education by 143.0% during the 1st quarter. CenterBook Partners LP now owns 345,877 shares of the specialty retailer’s stock worth $3,632,000 after purchasing an additional 203,523 shares in the last quarter. Institutional investors and hedge funds own 38.51% of the company’s stock.

Barnes & Noble Education Stock Up 2.7%

BNED opened at $9.36 on Monday. Barnes & Noble Education, Inc has a 1-year low of $7.90 and a 1-year high of $14.40. The stock’s fifty day simple moving average is $8.93 and its 200 day simple moving average is $9.97. The stock has a market cap of $318.71 million, a PE ratio of -0.60 and a beta of 1.69. The company has a current ratio of 1.42, a quick ratio of 0.81 and a debt-to-equity ratio of 0.50.

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.