Parametric Portfolio Associates LLC lessened its stake in shares of Barnes & Noble Education, Inc (NYSE:BNED) by 2.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 154,858 shares of the specialty retailer’s stock after selling 4,670 shares during the period. Parametric Portfolio Associates LLC owned approximately 0.33% of Barnes & Noble Education worth $1,646,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Aperio Group LLC boosted its holdings in shares of Barnes & Noble Education by 1.3% in the 2nd quarter. Aperio Group LLC now owns 12,020 shares of the specialty retailer’s stock valued at $128,000 after acquiring an additional 154 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Barnes & Noble Education by 0.5% in the 1st quarter. Wells Fargo & Company MN now owns 36,915 shares of the specialty retailer’s stock valued at $354,000 after acquiring an additional 190 shares during the last quarter. Texas Permanent School Fund boosted its holdings in shares of Barnes & Noble Education by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 28,147 shares of the specialty retailer’s stock valued at $299,000 after acquiring an additional 235 shares during the last quarter. Citigroup Inc. boosted its holdings in shares of Barnes & Noble Education by 1.3% in the 2nd quarter. Citigroup Inc. now owns 44,055 shares of the specialty retailer’s stock valued at $469,000 after acquiring an additional 560 shares during the last quarter. Finally, Thrivent Financial For Lutherans boosted its holdings in shares of Barnes & Noble Education by 3.6% in the 1st quarter. Thrivent Financial For Lutherans now owns 21,857 shares of the specialty retailer’s stock valued at $210,000 after acquiring an additional 760 shares during the last quarter. 68.06% of the stock is currently owned by institutional investors.

Barnes & Noble Education, Inc (NYSE:BNED) opened at $5.28 on Monday. The company has a current ratio of 1.32, a quick ratio of 0.21 and a debt-to-equity ratio of 0.18. Barnes & Noble Education, Inc has a 12 month low of $4.99 and a 12 month high of $13.15.

Barnes & Noble Education (NYSE:BNED) last posted its earnings results on Wednesday, August 30th. The specialty retailer reported ($0.75) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.69) by ($0.06). Barnes & Noble Education had a negative net margin of 0.08% and a negative return on equity of 0.12%. The firm had revenue of $355.70 million during the quarter, compared to analyst estimates of $406.22 million. During the same quarter in the prior year, the firm earned ($0.60) earnings per share. The business’s revenue for the quarter was up 48.7% on a year-over-year basis. analysts forecast that Barnes & Noble Education, Inc will post 0.5 EPS for the current fiscal year.

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Several research firms have recently commented on BNED. Zacks Investment Research downgraded shares of Barnes & Noble Education from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. BidaskClub downgraded shares of Barnes & Noble Education from a “sell” rating to a “strong sell” rating in a report on Thursday, October 12th. Craig Hallum reaffirmed a “buy” rating and issued a $10.00 price objective (down from $16.00) on shares of Barnes & Noble Education in a report on Thursday, August 31st. TheStreet cut shares of Barnes & Noble Education from a “c-” rating to a “d+” rating in a research note on Wednesday, August 23rd. Finally, BWS Financial reiterated a “buy” rating and issued a $14.00 target price on shares of Barnes & Noble Education in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. Barnes & Noble Education currently has a consensus rating of “Hold” and a consensus target price of $10.92.

About Barnes & Noble Education

Barnes & Noble Education, Inc is a contract operator of bookstores on college and university campuses across the United States and a provider of digital education services. The Company offers a support system, and a retail and digital learning experience for students. Through its subsidiary, Barnes & Noble College Booksellers, LLC, the Company operates approximately 750 campus bookstores and the school-branded e-commerce sites for each store, serving over five million college students and their faculty.

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Institutional Ownership by Quarter for Barnes & Noble Education (NYSE:BNED)

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