Miller Value Partners LLC Decreases Stock Holdings in Build-A-Bear Workshop, Inc. $BBW

Miller Value Partners LLC decreased its position in Build-A-Bear Workshop, Inc. (NYSE:BBWFree 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

Shares of NYSE BBW opened at $31.68 on Thursday. The firm has a fifty day moving average price of $36.51 and a 200-day moving average price of $47.14. The stock has a market cap of $397.18 million, a PE ratio of 7.42 and a beta of 1.07. Build-A-Bear Workshop, Inc. has a 1 year low of $31.54 and a 1 year high of $75.85.

Build-A-Bear Workshop (NYSE:BBWGet 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

(Free Report)

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

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:BBWFree Report).

Institutional Ownership by Quarter for Build-A-Bear Workshop (NYSE:BBW)

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