TCW Group Inc. grew its stake in Barnes & Noble Education, Inc (NYSE:BNED) by 249.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 178,800 shares of the specialty retailer’s stock after purchasing an additional 127,600 shares during the period. TCW Group Inc. owned approximately 0.38% of Barnes & Noble Education worth $1,164,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in BNED. Russell Investments Group Ltd. increased its holdings in shares of Barnes & Noble Education by 21.3% in the second quarter. Russell Investments Group Ltd. now owns 11,296 shares of the specialty retailer’s stock valued at $120,000 after purchasing an additional 1,980 shares during the period. Public Employees Retirement System of Ohio increased its holdings in shares of Barnes & Noble Education by 38.5% in the first quarter. Public Employees Retirement System of Ohio now owns 13,215 shares of the specialty retailer’s stock valued at $127,000 after purchasing an additional 3,675 shares during the period. Aperio Group LLC increased its holdings in shares of Barnes & Noble Education by 1.3% in the second quarter. Aperio Group LLC now owns 12,020 shares of the specialty retailer’s stock valued at $128,000 after purchasing an additional 154 shares during the period. BNP Paribas Arbitrage SA increased its holdings in shares of Barnes & Noble Education by 57.6% in the second quarter. BNP Paribas Arbitrage SA now owns 12,152 shares of the specialty retailer’s stock valued at $129,000 after purchasing an additional 4,443 shares during the period. Finally, OMERS ADMINISTRATION Corp acquired a new position in shares of Barnes & Noble Education in the second quarter valued at approximately $146,000. 68.06% of the stock is currently owned by institutional investors and hedge funds.

Barnes & Noble Education, Inc (NYSE:BNED) traded up $0.12 during trading on Friday, hitting $5.52. The company had a trading volume of 157,924 shares, compared to its average volume of 302,103. Barnes & Noble Education, Inc has a 12-month low of $4.99 and a 12-month high of $13.15. 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 (NYSE:BNED) last announced its earnings results on Wednesday, August 30th. The specialty retailer reported ($0.75) EPS for the quarter, missing analysts’ consensus estimates of ($0.69) by ($0.06). The firm had revenue of $355.70 million for the quarter, compared to analysts’ expectations of $406.22 million. Barnes & Noble Education had a negative net margin of 0.08% and a negative return on equity of 0.12%. The business’s revenue was up 48.7% compared to the same quarter last year. During the same quarter last year, the business earned ($0.60) earnings per share. equities analysts anticipate that Barnes & Noble Education, Inc will post 0.5 earnings per share for the current fiscal year.

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A number of research analysts have recently issued reports on the company. Zacks Investment Research raised Barnes & Noble Education from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 8th. BidaskClub lowered Barnes & Noble Education from a “sell” rating to a “strong sell” rating in a report on Thursday, November 2nd. ValuEngine raised Barnes & Noble Education from a “sell” rating to a “hold” rating in a report on Monday, October 2nd. BWS Financial reissued a “buy” rating and issued a $14.00 target price on shares of Barnes & Noble Education in a report on Friday, September 1st. Finally, Craig Hallum reissued a “buy” rating and issued a $10.00 target price (down previously from $16.00) on shares of Barnes & Noble Education in a report on Thursday, August 31st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. Barnes & Noble Education presently has a consensus rating of “Hold” and an average price target 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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