Quarry LP Acquires 1,005 Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW)

Quarry LP boosted its holdings in Build-A-Bear Workshop, Inc. (NYSE:BBW) by 346.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,295 shares of the specialty retailer’s stock after buying an additional 1,005 shares during the period. Quarry LP’s holdings in Build-A-Bear Workshop were worth $45,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Pacifica Capital Investments LLC increased its position in Build-A-Bear Workshop by 23.4% during the second quarter. Pacifica Capital Investments LLC now owns 1,229,006 shares of the specialty retailer’s stock worth $31,057,000 after acquiring an additional 232,840 shares during the period. De Lisle Partners LLP increased its holdings in shares of Build-A-Bear Workshop by 25.9% during the 3rd quarter. De Lisle Partners LLP now owns 732,911 shares of the specialty retailer’s stock worth $25,187,000 after purchasing an additional 150,619 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Build-A-Bear Workshop by 0.3% during the second quarter. Dimensional Fund Advisors LP now owns 640,027 shares of the specialty retailer’s stock valued at $16,174,000 after buying an additional 2,081 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Build-A-Bear Workshop by 17.2% in the second quarter. American Century Companies Inc. now owns 320,832 shares of the specialty retailer’s stock valued at $8,107,000 after buying an additional 47,096 shares during the period. Finally, Renaissance Technologies LLC increased its stake in Build-A-Bear Workshop by 7.4% during the second quarter. Renaissance Technologies LLC now owns 256,979 shares of the specialty retailer’s stock valued at $6,494,000 after acquiring an additional 17,772 shares during the period. 79.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. DA Davidson lifted their price objective on Build-A-Bear Workshop from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, December 6th. StockNews.com lowered shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, Northland Securities raised their price objective on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, December 6th.

Insider Transactions at Build-A-Bear Workshop

In related news, CAO Eric R. Fencl sold 17,274 shares of the company’s stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $35.05, for a total transaction of $605,453.70. Following the transaction, the chief accounting officer now owns 137,078 shares in the company, valued at $4,804,583.90. This represents a 11.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Vojin Todorovic sold 12,635 shares of the firm’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $35.42, for a total transaction of $447,531.70. Following the completion of the sale, the chief financial officer now owns 90,695 shares of the company’s stock, valued at $3,212,416.90. The trade was a 12.23 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 92,281 shares of company stock valued at $3,311,358 in the last three months. 7.90% of the stock is owned by corporate insiders.

Build-A-Bear Workshop Trading Up 1.9 %

Shares of BBW opened at $41.34 on Wednesday. The stock has a market cap of $558.83 million, a PE ratio of 10.99 and a beta of 1.54. Build-A-Bear Workshop, Inc. has a 1 year low of $21.24 and a 1 year high of $47.01. The stock has a 50 day simple moving average of $37.48 and a 200-day simple moving average of $31.25.

Build-A-Bear Workshop (NYSE:BBW) last issued its earnings results on Thursday, December 5th. The specialty retailer reported $0.73 EPS for the quarter, beating the consensus estimate of $0.70 by $0.03. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.40%. During the same period in the prior year, the firm posted $0.53 EPS. On average, sell-side analysts forecast that Build-A-Bear Workshop, Inc. will post 3.72 EPS for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Wednesday, November 27th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date of this dividend is Wednesday, November 27th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is currently 21.28%.

Build-A-Bear Workshop announced that its board has approved a stock buyback plan on Wednesday, September 11th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the specialty retailer to purchase up to 23.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its shares are undervalued.

About Build-A-Bear Workshop

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.