Rhumbline Advisers Has $3.95 Million Position in Buffalo Wild Wings, Inc. (BWLD)

Rhumbline Advisers lifted its position in Buffalo Wild Wings, Inc. (NASDAQ:BWLD) by 11.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,400 shares of the restaurant operator’s stock after acquiring an additional 3,824 shares during the period. Rhumbline Advisers owned approximately 0.24% of Buffalo Wild Wings worth $3,953,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Koch Industries Inc. bought a new stake in Buffalo Wild Wings during the 2nd quarter worth approximately $618,000. Victory Capital Management Inc. increased its stake in Buffalo Wild Wings by 36.8% during the 3rd quarter. Victory Capital Management Inc. now owns 410,928 shares of the restaurant operator’s stock worth $43,435,000 after purchasing an additional 110,439 shares in the last quarter. Chilton Investment Co. LLC bought a new stake in Buffalo Wild Wings during the 2nd quarter worth approximately $9,796,000. Prudential Financial Inc. increased its stake in Buffalo Wild Wings by 628.5% during the 3rd quarter. Prudential Financial Inc. now owns 80,365 shares of the restaurant operator’s stock worth $8,495,000 after purchasing an additional 69,334 shares in the last quarter. Finally, Teachers Advisors LLC increased its stake in Buffalo Wild Wings by 142.0% during the 2nd quarter. Teachers Advisors LLC now owns 116,567 shares of the restaurant operator’s stock worth $14,769,000 after purchasing an additional 68,398 shares in the last quarter. Institutional investors and hedge funds own 92.51% of the company’s stock.

In other Buffalo Wild Wings news, Director Marcato Capital Management Lp sold 200,094 shares of the firm’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $155.54, for a total transaction of $31,122,620.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director International Master F. Marcato sold 987,284 shares of the firm’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $155.57, for a total value of $153,591,771.88. The disclosure for this sale can be found here. Corporate insiders own 1.19% of the company’s stock.

A number of analysts recently issued reports on the company. Canaccord Genuity reissued a “hold” rating and set a $157.00 target price on shares of Buffalo Wild Wings in a research note on Tuesday, November 28th. BMO Capital Markets set a $157.00 target price on Buffalo Wild Wings and gave the stock a “hold” rating in a research note on Wednesday, November 29th. Robert W. Baird set a $157.00 price target on shares of Buffalo Wild Wings and gave the stock a “hold” rating in a research note on Tuesday, November 28th. Stifel Nicolaus set a $157.00 price target on shares of Buffalo Wild Wings and gave the stock a “hold” rating in a research note on Wednesday, November 29th. Finally, Guggenheim cut shares of Buffalo Wild Wings from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 29th. Two analysts have rated the stock with a sell rating, twenty-three have given a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $144.67.

Shares of Buffalo Wild Wings, Inc. (BWLD) opened at $155.85 on Thursday. The company has a market capitalization of $2,423.47, a P/E ratio of 36.04, a PEG ratio of 1.91 and a beta of 0.90. The company has a quick ratio of 0.61, a current ratio of 0.70 and a debt-to-equity ratio of 1.60. Buffalo Wild Wings, Inc. has a twelve month low of $95.00 and a twelve month high of $175.10.

Buffalo Wild Wings (NASDAQ:BWLD) last released its quarterly earnings data on Wednesday, October 25th. The restaurant operator reported $1.36 EPS for the quarter, beating the consensus estimate of $0.79 by $0.57. The company had revenue of $496.70 million during the quarter, compared to the consensus estimate of $500.97 million. Buffalo Wild Wings had a return on equity of 21.39% and a net margin of 3.17%. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.23 EPS. analysts forecast that Buffalo Wild Wings, Inc. will post 4.99 earnings per share for the current year.

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Buffalo Wild Wings Company Profile

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

Institutional Ownership by Quarter for Buffalo Wild Wings (NASDAQ:BWLD)

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