Ritholtz Wealth Management Has $1.06 Million Stock Position in Build-A-Bear Workshop, Inc. $BBW

Ritholtz Wealth Management reduced its position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 2.8% in the 2nd quarter, Holdings Channel reports. The firm owned 20,547 shares of the specialty retailer’s stock after selling 586 shares during the period. Ritholtz Wealth Management’s holdings in Build-A-Bear Workshop were worth $1,059,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BBW. GAMMA Investing LLC raised its position in Build-A-Bear Workshop by 3,357.4% during the first quarter. GAMMA Investing LLC now owns 4,460 shares of the specialty retailer’s stock valued at $166,000 after purchasing an additional 4,331 shares in the last quarter. Rhumbline Advisers raised its position in Build-A-Bear Workshop by 6.0% during the first quarter. Rhumbline Advisers now owns 18,236 shares of the specialty retailer’s stock valued at $678,000 after purchasing an additional 1,025 shares in the last quarter. SG Americas Securities LLC acquired a new position in Build-A-Bear Workshop during the first quarter valued at approximately $378,000. Exchange Traded Concepts LLC acquired a new position in Build-A-Bear Workshop during the first quarter valued at approximately $250,000. Finally, Janney Montgomery Scott LLC acquired a new position in Build-A-Bear Workshop during the first quarter valued at approximately $850,000. 79.30% of the stock is currently owned by institutional investors and hedge funds.

Build-A-Bear Workshop Stock Down 0.8%

Shares of Build-A-Bear Workshop stock opened at $55.64 on Friday. Build-A-Bear Workshop, Inc. has a twelve month low of $32.55 and a twelve month high of $75.85. The stock has a market cap of $730.33 million, a price-to-earnings ratio of 12.48 and a beta of 0.69. The company’s fifty day moving average is $63.29 and its 200 day moving average is $51.38.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings data on Thursday, March 27th. The specialty retailer reported $1.59 earnings per share for the quarter. Build-A-Bear Workshop had a net margin of 11.34% and a return on equity of 41.14%. The company had revenue of $150.45 million for the quarter. As a group, equities analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Thursday, September 25th were paid a $0.22 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.88 annualized dividend and a dividend yield of 1.6%. Build-A-Bear Workshop’s payout ratio is currently 19.73%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on BBW. Zacks Research downgraded shares of Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Northland Securities upped their price target on shares of Build-A-Bear Workshop from $60.00 to $80.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Wall Street Zen downgraded shares of Build-A-Bear Workshop from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 23rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Build-A-Bear Workshop in a report on Wednesday, October 8th. Finally, DA Davidson upped their price target on shares of Build-A-Bear Workshop from $64.00 to $85.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Build-A-Bear Workshop presently has an average rating of “Moderate Buy” and a consensus price target of $68.00.

Insider Buying and Selling at Build-A-Bear Workshop

In related news, CFO Vojin Todorovic sold 2,744 shares of the business’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $72.89, for a total value of $200,010.16. Following the sale, the chief financial officer owned 65,247 shares of the company’s stock, valued at $4,755,853.83. The trade was a 4.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Craig Leavitt sold 4,000 shares of the business’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $60.61, for a total transaction of $242,440.00. Following the completion of the sale, the director directly owned 64,142 shares in the company, valued at approximately $3,887,646.62. This represents a 5.87% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 61,387 shares of company stock worth $4,417,721. Company insiders own 5.80% of the company’s stock.

Build-A-Bear Workshop Profile

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.