Barnes & Noble Education, Inc $BNED Shares Acquired by Centaurus Financial Inc.

Centaurus Financial Inc. grew its position in shares of Barnes & Noble Education, Inc (NYSE:BNED - Free Report) by 90.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 287,584 shares of the specialty retailer's stock after purchasing an additional 136,711 shares during the quarter. Centaurus Financial Inc. owned approximately 0.84% of Barnes & Noble Education worth $3,385,000 as of its most recent SEC filing.Going Back To School With Barnes & Noble EducationA number of other hedge funds have also recently added to or reduced their stakes in BNED. Bank of America Corp DE increased its holdings in Barnes & Noble Education by 1,412.1% in the fourth quarter. Bank of America Corp DE now owns 6,139 shares of the specialty retailer's stock valued at $62,000 after buying an additional 5,733 shares in the last quarter. Kanen Wealth Management LLC grew its position in shares of Barnes & Noble Education by 30.6% during the 1st quarter. Kanen Wealth Management LLC now owns 3,090,043 shares of the specialty retailer's stock valued at $32,445,000 after acquiring an additional 724,683 shares during the period. Invesco Ltd. increased its stake in shares of Barnes & Noble Education by 32.6% in the 1st quarter. Invesco Ltd. now owns 34,228 shares of the specialty retailer's stock valued at $359,000 after purchasing an additional 8,410 shares in the last quarter. American Century Companies Inc. purchased a new position in shares of Barnes & Noble Education in the 1st quarter valued at about $160,000. Finally, EntryPoint Capital LLC acquired a new position in Barnes & Noble Education in the 1st quarter worth about $225,000. 38.51% of the stock is owned by hedge funds and other institutional investors. Wall Street Analyst Weigh InSeparately, Weiss Ratings reissued a "sell (d-)" rating on shares of Barnes & Noble Education in a report on Wednesday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of "Sell".3 Education Stocks To Stuff Your Stocking WithView Our Latest Stock Report on Barnes & Noble EducationBarnes & Noble Education Trading Down 0.7%BNED stock opened at $9.07 on Friday. Barnes & Noble Education, Inc has a 12-month low of $5.90 and a 12-month high of $14.40. The stock has a market cap of $308.90 million, a price-to-earnings ratio of -0.59 and a beta of 1.43. The business's 50-day moving average is $8.72 and its 200 day moving average is $9.52. About Barnes & Noble Education (Free Report)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.Featured ArticlesFive stocks we like better than Barnes & Noble EducationBusiness Services Stocks InvestingDisney's $1 Billion Deal Brings Its Magic to OpenAIDividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness Why Amazon Could Be a $300 Stock Within Weeks3 Tickers Leading a Meme Stock RevivalAdobe Gets Post-Earnings Lift: Long-Term Outlook Favors UpsideThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Barnes & Noble Education Right Now?Before you consider Barnes & Noble Education, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Barnes & Noble Education wasn't on the list.While Barnes & Noble Education currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here