Los Angeles Capital Management & Equity Research Inc. Invests $253,000 in Barnes & Noble Education Inc (BNED) Stock

Los Angeles Capital Management & Equity Research Inc. acquired a new stake in Barnes & Noble Education Inc (NYSE:BNED) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 38,881 shares of the specialty retailer’s stock, valued at approximately $253,000. Los Angeles Capital Management & Equity Research Inc. owned approximately 0.08% of Barnes & Noble Education as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Vivaldi Asset Management LLC acquired a new stake in shares of Barnes & Noble Education in the 2nd quarter worth $6,758,000. Vanguard Group Inc. increased 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 worth $30,886,000 after acquiring an additional 223,257 shares during the last quarter. Thrivent Financial For Lutherans increased its stake in shares of Barnes & Noble Education by 827.6% in the 2nd quarter. Thrivent Financial For Lutherans now owns 202,737 shares of the specialty retailer’s stock worth $2,155,000 after acquiring an additional 180,880 shares during the last quarter. Kennedy Capital Management Inc. acquired a new stake in shares of Barnes & Noble Education in the 2nd quarter worth $1,816,000. Finally, Schwab Charles Investment Management Inc. increased 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 worth $5,678,000 after acquiring an additional 140,561 shares during the last quarter. Institutional investors own 67.71% of the company’s stock.

Shares of Barnes & Noble Education Inc (NYSE BNED) opened at $6.29 on Tuesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.21 and a current ratio of 1.32. Barnes & Noble Education Inc has a 52-week low of $4.99 and a 52-week high of $13.15.

A number of analysts have issued reports on the company. Zacks Investment Research downgraded Barnes & Noble Education from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. BidaskClub downgraded Barnes & Noble Education from a “sell” rating to a “strong sell” rating in a research note on Thursday, October 12th. Craig Hallum reaffirmed a “buy” rating and issued a $10.00 target price (down from $16.00) on shares of Barnes & Noble Education in a research note on Thursday, August 31st. TheStreet downgraded Barnes & Noble Education from a “c-” rating to a “d+” rating in a research note on Wednesday, August 23rd. Finally, BWS Financial reaffirmed 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 given a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $10.92.

WARNING: “Los Angeles Capital Management & Equity Research Inc. Invests $253,000 in Barnes & Noble Education Inc (BNED) Stock” was first reported by Community Financial News and is the property of of Community Financial News. If you are accessing this news story on another publication, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this news story can be read at https://www.com-unik.info/2017/12/05/los-angeles-capital-management-equity-research-inc-invests-253000-in-barnes-noble-education-inc-bned-stock.html.

Barnes & Noble Education Company 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.

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

What are top analysts saying about Barnes & Noble Education Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Barnes & Noble Education Inc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit