Barnes & Noble Education, Inc. (BNED) Forms $6.30 Double Bottom; Highbridge Capital Management Has Cut General Mls (Put) (GIS) Stake By $8.53 Million

Barnes & Noble Education, Inc. (BNED) formed double bottom with $5.92 target or 6.00% below today’s $6.30 share price. Barnes & Noble Education, Inc. (BNED) has $295.56M valuation. The stock decreased 6.11% or $0.41 during the last trading session, reaching $6.3. About 303,427 shares traded. Barnes & Noble Education, Inc. (NYSE:BNED) has risen 5.18% since February 4, 2017 and is uptrending. It has underperformed by 11.52% the S&P500.

Highbridge Capital Management Llc decreased General Mls Inc (Put) (GIS) stake by 95.38% reported in 2017Q3 SEC filing. Highbridge Capital Management Llc sold 167,200 shares as General Mls Inc (Put) (GIS)’s stock declined 5.07%. The Highbridge Capital Management Llc holds 8,100 shares with $420,000 value, down from 175,300 last quarter. General Mls Inc (Put) now has $31.84 billion valuation. The stock decreased 3.33% or $1.93 during the last trading session, reaching $55.95. About 4.13 million shares traded or 6.80% up from the average. General Mills, Inc. (NYSE:GIS) has declined 10.63% since February 4, 2017 and is downtrending. It has underperformed by 27.33% the S&P500.

Analysts await Barnes & Noble Education, Inc. (NYSE:BNED) to report earnings on February, 27. They expect $0.12 earnings per share, up 33.33% or $0.03 from last year’s $0.09 per share. BNED’s profit will be $5.63 million for 13.13 P/E if the $0.12 EPS becomes a reality. After $1.03 actual earnings per share reported by Barnes & Noble Education, Inc. for the previous quarter, Wall Street now forecasts -88.35% negative EPS growth.

Among 4 analysts covering Barnes & Noble Education (NYSE:BNED), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Barnes & Noble Education has $25 highest and $10.0 lowest target. $12’s average target is 90.48% above currents $6.3 stock price. Barnes & Noble Education had 6 analyst reports since July 27, 2015 according to SRatingsIntel. Craig Hallum maintained it with “Buy” rating and $10.0 target in Thursday, August 31 report. The stock has “Neutral” rating by Sidoti on Monday, May 9. On Wednesday, October 7 the stock rating was initiated by Cantor Fitzgerald with “Hold”. The firm earned “Strong Buy” rating on Tuesday, October 11 by BWS Financial. The firm earned “Buy” rating on Monday, July 27 by Craig Hallum.

Among 23 analysts covering General Mills Inc. (NYSE:GIS), 2 have Buy rating, 4 Sell and 17 Hold. Therefore 9% are positive. General Mills Inc. had 66 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, September 22 the stock rating was maintained by Wells Fargo with “Market Perform”. Goldman Sachs maintained the shares of GIS in report on Thursday, June 30 with “Sell” rating. As per Thursday, September 21, the company rating was maintained by BMO Capital Markets. As per Thursday, December 21, the company rating was maintained by RBC Capital Markets. The rating was maintained by Stifel Nicolaus on Thursday, March 24 with “Buy”. Zacks downgraded the stock to “Hold” rating in Friday, August 28 report. Stifel Nicolaus maintained General Mills, Inc. (NYSE:GIS) rating on Thursday, June 29. Stifel Nicolaus has “Hold” rating and $55 target. The company was maintained on Wednesday, August 2 by RBC Capital Markets. The stock of General Mills, Inc. (NYSE:GIS) earned “Buy” rating by Citigroup on Thursday, March 24. The rating was downgraded by Stifel Nicolaus to “Hold” on Wednesday, March 22.

Since January 9, 2018, it had 0 insider buys, and 1 insider sale for $517,458 activity. On Tuesday, January 9 the insider Quam Bethany C. sold $517,458.

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