New York State Teachers Retirement System lifted its position in Scholastic Co. (NASDAQ:SCHL – Get Rating) by 5.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 60,783 shares of the company's stock after buying an additional 3,203 shares during the period. New York State Teachers Retirement System owned approximately 0.18% of Scholastic worth $1,870,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC grew its holdings in shares of Scholastic by 7.3% in the 2nd quarter. SG Americas Securities LLC now owns 4,710 shares of the company's stock worth $169,000 after acquiring an additional 322 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of Scholastic by 2.6% in the 1st quarter. Bank of Montreal Can now owns 14,576 shares of the company's stock worth $610,000 after acquiring an additional 363 shares during the last quarter. Strs Ohio grew its holdings in shares of Scholastic by 1.9% in the 2nd quarter. Strs Ohio now owns 21,300 shares of the company's stock worth $766,000 after acquiring an additional 400 shares during the last quarter. Mackenzie Financial Corp grew its holdings in shares of Scholastic by 4.7% in the 2nd quarter. Mackenzie Financial Corp now owns 9,620 shares of the company's stock worth $346,000 after acquiring an additional 432 shares during the last quarter. Finally, Texas Permanent School Fund grew its holdings in shares of Scholastic by 2.5% in the 2nd quarter. Texas Permanent School Fund now owns 22,023 shares of the company's stock worth $792,000 after acquiring an additional 529 shares during the last quarter. Institutional investors own 81.48% of the company's stock.

Scholastic Trading Down 2.4 %

Shares of SCHL stock opened at $41.71 on Thursday. Scholastic Co. has a 1-year low of $28.22 and a 1-year high of $48.28. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 23.04 and a beta of 1.10. The stock's fifty day simple moving average is $39.73 and its 200-day simple moving average is $39.69.

Scholastic Dividend Announcement

Wall Street Analysts Forecast Growth

SCHL has been the topic of a number of recent research reports. TheStreet upgraded Scholastic from a "c" rating to a "b-" rating in a report on Thursday, December 15th. StockNews.com upgraded Scholastic from a "hold" rating to a "buy" rating in a report on Monday, December 19th.

Scholastic Profile

(Get Rating)

Scholastic Corporation publishes and distributes children's books worldwide. It operates in three segments: Children's Book Publishing and Distribution, Education Solutions, and International. The Children's Book Publishing and Distribution segment publishes and distributes children's books, e-books, media, and interactive products through its school book club and fair channels, as well as trade channels.

See Also

• Get a free copy of the StockNews.com research report on Scholastic (SCHL)
• Procter & Gamble Earnings: A Gamble Worth Taking
• Stocks Slide, Economic Report Paints Gloomy Picture For Economy
• What does Nu Holdings Stock Have To Do With Warren Buffett?
• J.B. Hunt Gets A Flat, Logistic Companies Come Into Focus
• Is Intel Stock On The Verge Of Breaking Out?

Want to see what other hedge funds are holding SCHL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Scholastic Co. (NASDAQ:SCHL – Get Rating).

Receive News & Ratings for Scholastic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scholastic and related companies with MarketBeat.com's FREE daily email newsletter.