Quantedge Capital Pte Ltd Acquires New Holdings in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Quantedge Capital Pte Ltd acquired a new stake in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 38,000 shares of the specialty retailer’s stock, valued at approximately $1,750,000. Quantedge Capital Pte Ltd owned 0.28% of Build-A-Bear Workshop as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BBW. USA Financial Formulas bought a new position in Build-A-Bear Workshop in the fourth quarter worth approximately $27,000. New York State Teachers Retirement System bought a new position in Build-A-Bear Workshop in the fourth quarter worth approximately $53,000. Tower Research Capital LLC TRC raised its position in Build-A-Bear Workshop by 494.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,689 shares of the specialty retailer’s stock worth $78,000 after acquiring an additional 1,405 shares during the period. Legal & General Group Plc raised its position in Build-A-Bear Workshop by 26.0% in the fourth quarter. Legal & General Group Plc now owns 3,793 shares of the specialty retailer’s stock worth $175,000 after acquiring an additional 783 shares during the period. Finally, Intech Investment Management LLC bought a new position in Build-A-Bear Workshop in the fourth quarter worth approximately $200,000. Institutional investors own 79.30% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on BBW shares. DA Davidson reissued a “buy” rating and issued a $50.00 price objective on shares of Build-A-Bear Workshop in a research note on Friday, March 14th. StockNews.com cut shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research note on Friday, March 21st.

Build-A-Bear Workshop Price Performance

Shares of NYSE BBW opened at $42.04 on Thursday. The firm has a fifty day moving average price of $36.80 and a 200-day moving average price of $39.25. The stock has a market cap of $555.18 million, a PE ratio of 11.18 and a beta of 0.54. Build-A-Bear Workshop, Inc. has a 1 year low of $23.63 and a 1 year high of $48.23.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings data on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.07. The firm had revenue of $150.45 million during the quarter, compared to analysts’ expectations of $147.53 million. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. On average, research analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, March 27th were paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.09%. This is a boost from Build-A-Bear Workshop’s previous quarterly dividend of $0.20. The ex-dividend date was Thursday, March 27th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is presently 23.10%.

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.