Barnes & Noble Education, Inc. (NYSE:BNED) Stake Lifted by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. grew its position in Barnes & Noble Education, Inc. (NYSE:BNED - Free Report) by 383.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 290,000 shares of the specialty retailer's stock after purchasing an additional 230,000 shares during the period. Prescott Group Capital Management L.L.C. owned approximately 0.96% of Barnes & Noble Education worth $2,912,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BNED. FNY Investment Advisers LLC acquired a new position in Barnes & Noble Education during the 4th quarter worth approximately $49,000. Charles Schwab Investment Management Inc. acquired a new position in shares of Barnes & Noble Education in the 4th quarter valued at approximately $127,000. Centiva Capital LP acquired a new position in shares of Barnes & Noble Education in the 3rd quarter valued at approximately $169,000. State Street Corp raised its position in shares of Barnes & Noble Education by 40.9% in the 3rd quarter. State Street Corp now owns 35,463 shares of the specialty retailer's stock valued at $328,000 after purchasing an additional 10,300 shares in the last quarter. Finally, AMH Equity Ltd acquired a new position in shares of Barnes & Noble Education in the 4th quarter valued at approximately $803,000. 38.51% of the stock is owned by institutional investors and hedge funds.

Barnes & Noble Education Stock Up 5.6 %

Shares of BNED traded up $0.51 during trading on Friday, reaching $9.54. The company's stock had a trading volume of 286,395 shares, compared to its average volume of 399,364. The company has a fifty day moving average of $10.52 and a two-hundred day moving average of $10.59. Barnes & Noble Education, Inc. has a twelve month low of $6.05 and a twelve month high of $135.00. The company has a market cap of $288.09 million, a price-to-earnings ratio of -0.28 and a beta of 2.11. The company has a quick ratio of 0.71, a current ratio of 1.31 and a debt-to-equity ratio of 0.87.

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Barnes & Noble Education (NYSE:BNED - Get Free Report) last issued its quarterly earnings results 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%.

Analysts Set New Price Targets

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

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.