Build-A-Bear Workshop, Inc. $BBW Shares Bought by LSV Asset Management

LSV Asset Management grew its stake in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 97.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 161,100 shares of the specialty retailer’s stock after buying an additional 79,413 shares during the quarter. LSV Asset Management’s holdings in Build-A-Bear Workshop were worth $8,306,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quarry LP acquired a new position in Build-A-Bear Workshop in the first quarter valued at $28,000. AlphaQuest LLC raised its holdings in shares of Build-A-Bear Workshop by 106.1% in the 1st quarter. AlphaQuest LLC now owns 814 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 419 shares during the period. MTM Investment Management LLC acquired a new position in shares of Build-A-Bear Workshop in the 2nd quarter valued at about $52,000. Jones Financial Companies Lllp purchased a new stake in shares of Build-A-Bear Workshop during the 1st quarter worth about $199,000. Finally, James Investment Research Inc. acquired a new stake in Build-A-Bear Workshop during the 2nd quarter worth approximately $209,000. 79.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BBW has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Build-A-Bear Workshop in a research report on Wednesday, October 8th. Zacks Research downgraded shares of Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Northland Securities lifted their target price on shares of Build-A-Bear Workshop from $60.00 to $80.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Wall Street Zen cut shares of Build-A-Bear Workshop from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 23rd. Finally, DA Davidson raised their price objective on Build-A-Bear Workshop from $64.00 to $85.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $68.00.

Build-A-Bear Workshop Trading Down 3.7%

Shares of BBW stock opened at $47.57 on Thursday. The firm has a fifty day simple moving average of $59.78 and a 200-day simple moving average of $54.17. The company has a market capitalization of $624.46 million, a PE ratio of 10.67 and a beta of 0.88. Build-A-Bear Workshop, Inc. has a twelve month low of $32.55 and a twelve month high of $75.85.

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

Build-A-Bear Workshop Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Wednesday, November 26th will be issued a $0.22 dividend. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $0.88 dividend on an annualized basis and a yield of 1.8%. Build-A-Bear Workshop’s dividend payout ratio is currently 19.73%.

Insiders Place Their Bets

In other Build-A-Bear Workshop news, CFO Vojin Todorovic sold 2,744 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $72.89, for a total transaction of $200,010.16. Following the completion of the sale, the chief financial officer owned 65,247 shares in the company, valued at $4,755,853.83. This trade represents a 4.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lesli Rotenberg sold 1,000 shares of Build-A-Bear Workshop stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $61.34, for a total value of $61,340.00. Following the sale, the director owned 9,825 shares in the company, valued at $602,665.50. This represents a 9.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 61,387 shares of company stock worth $4,417,721 in the last quarter. Company insiders own 5.80% of the company’s stock.

Build-A-Bear Workshop Company 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.