Miller Value Partners LLC decreased its position in Build-A-Bear Workshop, Inc. (NYSE:BBW – Free Report) by 20.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 78,000 shares of the specialty retailer’s stock after selling 20,000 shares during the quarter. Build-A-Bear Workshop accounts for approximately 1.7% of Miller Value Partners LLC’s investment portfolio, making the stock its 23rd largest position. Miller Value Partners LLC’s holdings in Build-A-Bear Workshop were worth $4,779,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of BBW. Kestra Advisory Services LLC purchased a new position in shares of Build-A-Bear Workshop during the fourth quarter valued at about $28,000. IFP Advisors Inc grew its holdings in Build-A-Bear Workshop by 68.1% in the third quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 203 shares during the period. Larson Financial Group LLC grew its holdings in Build-A-Bear Workshop by 453.1% in the third quarter. Larson Financial Group LLC now owns 542 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 444 shares during the period. Blue Trust Inc. lifted its stake in shares of Build-A-Bear Workshop by 163.0% in the fourth quarter. Blue Trust Inc. now owns 668 shares of the specialty retailer’s stock worth $41,000 after buying an additional 414 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in shares of Build-A-Bear Workshop by 166.7% in the third quarter. Jones Financial Companies Lllp now owns 800 shares of the specialty retailer’s stock worth $52,000 after buying an additional 500 shares in the last quarter. Hedge funds and other institutional investors own 79.30% of the company’s stock.
Insiders Place Their Bets
In related news, Director George Carrara sold 3,000 shares of the firm’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $34.52, for a total transaction of $103,560.00. Following the completion of the transaction, the director directly owned 11,277 shares of the company’s stock, valued at approximately $389,282.04. This trade represents a 21.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 4.00% of the company’s stock.
Build-A-Bear Workshop Price Performance
Build-A-Bear Workshop (NYSE:BBW – Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The specialty retailer reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.27. The firm had revenue of $125.27 million during the quarter, compared to analysts’ expectations of $129.45 million. Build-A-Bear Workshop had a net margin of 10.48% and a return on equity of 32.15%. On average, research analysts expect that Build-A-Bear Workshop, Inc. will post 4.04 EPS for the current year.
Build-A-Bear Workshop Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 25th will be paid a $0.23 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.9%. Build-A-Bear Workshop’s dividend payout ratio is 21.55%.
Wall Street Analyst Weigh In
BBW has been the topic of a number of research analyst reports. Weiss Ratings downgraded shares of Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. DA Davidson reaffirmed a “buy” rating and set a $60.00 target price on shares of Build-A-Bear Workshop in a report on Friday, May 29th. Finally, Zacks Research raised shares of Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 3rd. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $70.00.
Read Our Latest Research Report on BBW
Build-A-Bear Workshop Profile
Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.
Founded in 1997 by Maxine Clark and headquartered in St.
See Also
- Five stocks we like better than Build-A-Bear Workshop
- Cheap Thrills: Why These 3 Entertainment Stocks Are Soaring
- CoreWeave Insider Sales Look Big, But Should Investors Worry?
- Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves
- Meta and Cloud Computing: Real Potential, or a Shot in the Dark?
Want to see what other hedge funds are holding BBW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Build-A-Bear Workshop, Inc. (NYSE:BBW – Free Report).
Receive News & Ratings for Build-A-Bear Workshop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Build-A-Bear Workshop and related companies with MarketBeat.com's FREE daily email newsletter.
