Teachers Advisors LLC reduced its position in Barnes & Noble Education, Inc (NYSE:BNED) by 2.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,652 shares of the specialty retailer’s stock after selling 1,869 shares during the quarter. Teachers Advisors LLC owned 0.15% of Barnes & Noble Education worth $751,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Vivaldi Asset Management LLC bought a new stake in shares of Barnes & Noble Education in the 2nd quarter valued at about $6,758,000. JPMorgan Chase & Co. lifted its stake in shares of Barnes & Noble Education by 39,054.6% in the 1st quarter. JPMorgan Chase & Co. now owns 247,457 shares of the specialty retailer’s stock valued at $2,373,000 after acquiring an additional 246,825 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Barnes & Noble Education by 7.4% in the 1st quarter. Vanguard Group Inc. now owns 3,220,504 shares of the specialty retailer’s stock valued at $30,886,000 after acquiring an additional 223,257 shares during the last quarter. Kennedy Capital Management Inc. bought a new stake in shares of Barnes & Noble Education in the 2nd quarter valued at about $1,816,000. Finally, Schwab Charles Investment Management Inc. lifted its stake in shares of Barnes & Noble Education by 35.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 534,090 shares of the specialty retailer’s stock valued at $5,678,000 after acquiring an additional 140,561 shares during the last quarter. Hedge funds and other institutional investors own 68.47% of the company’s stock.

Barnes & Noble Education, Inc (BNED) opened at $5.30 on Tuesday. The company has a quick ratio of 0.21, a current ratio of 1.32 and a debt-to-equity ratio of 0.18. Barnes & Noble Education, Inc has a 52-week low of $5.03 and a 52-week high of $13.15.

Barnes & Noble Education (NYSE:BNED) last released its quarterly 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 business had revenue of $355.70 million for the quarter, compared to the consensus estimate 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 company’s revenue for the quarter was up 48.7% on a year-over-year basis. During the same period in the previous year, the company earned ($0.60) EPS. sell-side 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 equities research analysts have recently weighed in on the company. BidaskClub lowered Barnes & Noble Education from a “sell” rating to a “strong sell” rating in a research note on Thursday, November 2nd. Zacks Investment Research lowered Barnes & Noble Education from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. ValuEngine raised Barnes & Noble Education from a “sell” rating to a “hold” rating in a research note on Monday, October 2nd. TheStreet lowered Barnes & Noble Education from a “c-” rating to a “d+” rating in a research note on Wednesday, August 23rd. 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 research note on Thursday, August 31st. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $10.92.

Barnes & Noble Education Profile

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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