AMH Equity Ltd Takes Position in Barnes & Noble Education, Inc. (NYSE:BNED)

AMH Equity Ltd purchased a new stake in shares of Barnes & Noble Education, Inc. (NYSE:BNED - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. FNY Investment Advisers LLC acquired a new position in shares of Barnes & Noble Education during the 4th quarter valued at about $49,000. Centiva Capital LP bought a new position in shares of Barnes & Noble Education during the 3rd quarter worth approximately $169,000. State Street Corp lifted its position in shares of Barnes & Noble Education by 40.9% during the 3rd 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 period. Geode Capital Management LLC increased its holdings in Barnes & Noble Education by 104.0% during 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 in the last quarter. Finally, Kanen Wealth Management LLC increased its holdings in Barnes & Noble Education by 49.6% during the 4th quarter. Kanen Wealth Management LLC now owns 2,365,360 shares of the specialty retailer's stock valued at $23,748,000 after purchasing an additional 784,576 shares in the last quarter. Hedge funds and other institutional investors own 38.51% of the company's stock.

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Barnes & Noble Education Stock Performance

Shares of Barnes & Noble Education stock traded up $0.11 on Friday, hitting $9.78. The stock had a trading volume of 224,126 shares, compared to its average volume of 403,944. The company has a quick ratio of 0.71, a current ratio of 1.31 and a debt-to-equity ratio of 0.87. The stock has a market cap of $295.40 million, a price-to-earnings ratio of -0.29 and a beta of 2.11. The business's 50 day moving average is $10.62 and its two-hundred day moving average is $10.66. Barnes & Noble Education, Inc. has a twelve month low of $6.05 and a twelve month high of $135.00.

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

Analyst Ratings Changes

Separately, StockNews.com upgraded Barnes & Noble Education from a "sell" rating to a "hold" rating in a report on Tuesday, January 21st.

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.