DCF Advisers LLC Purchases 91,213 Shares of Barnes & Noble Education, Inc. (NYSE:BNED)

DCF Advisers LLC boosted its holdings in Barnes & Noble Education, Inc. (NYSE:BNED - Free Report) by 107.9% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 175,713 shares of the specialty retailer's stock after acquiring an additional 91,213 shares during the quarter. DCF Advisers LLC owned 0.58% of Barnes & Noble Education worth $1,764,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. FNY Investment Advisers LLC bought a new stake in Barnes & Noble Education during the fourth quarter worth about $49,000. Charles Schwab Investment Management Inc. purchased a new position in shares of Barnes & Noble Education during the 4th quarter valued at about $127,000. Centiva Capital LP bought a new stake in Barnes & Noble Education in the 3rd quarter worth approximately $169,000. State Street Corp boosted its stake in Barnes & Noble Education by 40.9% in the third 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 in the last quarter. Finally, AMH Equity Ltd bought a new position in Barnes & Noble Education during the fourth quarter valued at approximately $803,000. 38.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

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Barnes & Noble Education Trading Down 2.5 %

Shares of BNED traded down $0.27 during trading hours on Tuesday, hitting $10.37. The company had a trading volume of 398,656 shares, compared to its average volume of 390,818. The firm has a market cap of $353.14 million, a P/E ratio of -0.31 and a beta of 2.23. Barnes & Noble Education, Inc. has a 52-week low of $6.05 and a 52-week high of $135.00. The stock's 50 day moving average price is $10.36 and its 200 day moving average price is $10.32. The company has a quick ratio of 0.71, a current ratio of 1.31 and a debt-to-equity ratio of 0.87.

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.