Arrowstreet Capital Limited Partnership Sells 27,318 Shares of Build-A-Bear Workshop, Inc. $BBW

Arrowstreet Capital Limited Partnership lessened its position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 8.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 298,441 shares of the specialty retailer’s stock after selling 27,318 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Build-A-Bear Workshop were worth $15,388,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quarry LP acquired a new position in Build-A-Bear Workshop during the 1st quarter valued at about $28,000. AlphaQuest LLC grew its stake in shares of Build-A-Bear Workshop by 106.1% during the first quarter. AlphaQuest LLC now owns 814 shares of the specialty retailer’s stock worth $30,000 after acquiring an additional 419 shares during the last quarter. MTM Investment Management LLC acquired a new position in shares of Build-A-Bear Workshop during the second quarter valued at about $52,000. Ameritas Investment Partners Inc. increased its holdings in shares of Build-A-Bear Workshop by 19.4% during the second quarter. Ameritas Investment Partners Inc. now owns 1,270 shares of the specialty retailer’s stock valued at $65,000 after acquiring an additional 206 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new position in shares of Build-A-Bear Workshop in the 2nd quarter valued at approximately $125,000. Hedge funds and other institutional investors own 79.30% of the company’s stock.

Insider Buying and Selling at Build-A-Bear Workshop

In other news, CEO Sharon Price John sold 30,000 shares of Build-A-Bear Workshop stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $73.25, for a total transaction of $2,197,500.00. Following the completion of the transaction, the chief executive officer owned 261,305 shares of the company’s stock, valued at $19,140,591.25. The trade was a 10.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Craig Leavitt sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $60.61, for a total value 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. The trade was a 5.87% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 61,387 shares of company stock valued at $4,417,721. Insiders own 5.80% of the company’s stock.

Build-A-Bear Workshop Trading Up 0.9%

Shares of BBW stock opened at $50.22 on Tuesday. Build-A-Bear Workshop, Inc. has a twelve month low of $32.55 and a twelve month high of $75.85. The company’s 50-day moving average price is $54.07 and its 200-day moving average price is $55.31. The stock has a market cap of $659.36 million, a price-to-earnings ratio of 11.54 and a beta of 1.01.

Build-A-Bear Workshop (NYSE:BBW) last posted its earnings results on Thursday, December 4th. The specialty retailer reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.07. The company had revenue of $122.68 million for the quarter, compared to the consensus estimate of $124.28 million. Build-A-Bear Workshop had a return on equity of 38.62% and a net margin of 10.93%.During the same quarter in the previous year, the business earned $0.73 earnings per share. As a group, equities research analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Wednesday, November 26th will be paid a $0.22 dividend. The ex-dividend date 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 payout ratio is currently 20.23%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on BBW shares. Northland Securities increased 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. DA Davidson dropped their price objective on shares of Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating on the stock in a report on Friday. Zacks Research cut shares of Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Wall Street Zen downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Build-A-Bear Workshop in a research report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $63.00.

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.