Geode Capital Management LLC Buys 77,932 Shares of Barnes & Noble Education, Inc. (NYSE:BNED)

Geode Capital Management LLC grew its position in shares of Barnes & Noble Education, Inc. (NYSE:BNED - Free Report) by 104.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 152,839 shares of the specialty retailer's stock after acquiring an additional 77,932 shares during the period. Geode Capital Management LLC owned about 0.56% of Barnes & Noble Education worth $1,416,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. DCF Advisers LLC bought a new stake in shares of Barnes & Noble Education during the 2nd quarter valued at $496,000. State Street Corp grew its holdings 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 purchasing an additional 10,300 shares during the period. Finally, Centiva Capital LP bought a new position in shares of Barnes & Noble Education during the third quarter valued at approximately $169,000. 38.51% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised Barnes & Noble Education from a "sell" rating to a "hold" rating in a research report on Wednesday, December 18th.

Barnes & Noble Education Stock Up 1.5 %

Shares of BNED traded up $0.15 during trading hours on Friday, hitting $9.97. The company had a trading volume of 559,670 shares, compared to its average volume of 727,445. The stock has a market capitalization of $301.23 million, a price-to-earnings ratio of -0.30 and a beta of 2.12. The firm has a fifty day moving average price of $10.56 and a 200-day moving average price of $10.15. Barnes & Noble Education, Inc. has a 52-week low of $6.05 and a 52-week high of $135.00. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.42 and a current ratio of 1.31.

Barnes & Noble Education Company Profile

Barnes & Noble Education, Inc operates bookstores for college and university campuses, and K-12 institutions in the United States. It operates through Retail and Wholesale segments. 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.