DCF Advisers LLC Increases Holdings in Barnes & Noble Education, Inc. (NYSE:BNED)

DCF Advisers LLC increased its holdings in shares of Barnes & Noble Education, Inc. (NYSE:BNED) by 107.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 175,713 shares of the specialty retailer’s stock after purchasing an additional 91,213 shares during the period. DCF Advisers LLC owned 0.58% of Barnes & Noble Education worth $1,764,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. FNY Investment Advisers LLC purchased a new position in Barnes & Noble Education in the 4th quarter valued at about $49,000. Charles Schwab Investment Management Inc. purchased a new position in Barnes & Noble Education in the 4th quarter valued at about $127,000. Centiva Capital LP purchased a new position in Barnes & Noble Education in the 3rd quarter valued at about $169,000. State Street Corp boosted its position in 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 buying an additional 10,300 shares during the last quarter. Finally, AMH Equity Ltd purchased a new position in Barnes & Noble Education in the 4th quarter valued at about $803,000. 38.51% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Barnes & Noble Education Stock Performance

Shares of Barnes & Noble Education stock opened at $9.71 on Friday. The firm has a market cap of $330.53 million, a PE ratio of -0.29 and a beta of 2.23. The firm’s 50-day simple moving average is $10.38 and its 200-day simple moving average is $10.38. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.71 and a current ratio of 1.31. Barnes & Noble Education, Inc. has a 1 year low of $6.05 and a 1 year high of $135.00.

About Barnes & Noble Education

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.