Los Angeles Capital Management LLC Cuts Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Los Angeles Capital Management LLC trimmed its position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 15.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,357 shares of the specialty retailer’s stock after selling 9,300 shares during the period. Los Angeles Capital Management LLC owned approximately 0.39% of Build-A-Bear Workshop worth $2,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. USA Financial Formulas bought a new stake in Build-A-Bear Workshop in the fourth quarter worth $27,000. New York State Teachers Retirement System purchased a new position in shares of Build-A-Bear Workshop in the 4th quarter worth $53,000. Quarry LP increased its holdings in shares of Build-A-Bear Workshop by 346.6% in the 3rd quarter. Quarry LP now owns 1,295 shares of the specialty retailer’s stock worth $45,000 after buying an additional 1,005 shares during the last quarter. Fortitude Family Office LLC raised its position in shares of Build-A-Bear Workshop by 34.1% during the 4th quarter. Fortitude Family Office LLC now owns 1,480 shares of the specialty retailer’s stock valued at $68,000 after buying an additional 376 shares in the last quarter. Finally, Ballentine Partners LLC bought a new position in shares of Build-A-Bear Workshop in the 4th quarter valued at about $233,000. 79.30% of the stock is currently owned by institutional investors.

Build-A-Bear Workshop Trading Down 1.5 %

BBW stock opened at $40.14 on Friday. The stock has a market cap of $539.51 million, a PE ratio of 10.68 and a beta of 1.50. Build-A-Bear Workshop, Inc. has a 12 month low of $23.22 and a 12 month high of $48.23. The company has a 50-day moving average price of $41.69 and a 200 day moving average price of $37.40.

Build-A-Bear Workshop (NYSE:BBW) last announced its earnings results on Thursday, December 5th. The specialty retailer reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.03. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. During the same quarter last year, the firm earned $0.53 earnings per share. Sell-side analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. DA Davidson boosted their price objective on Build-A-Bear Workshop from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. StockNews.com upgraded Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a report on Thursday, December 19th. Finally, Northland Securities increased their price target on Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an “outperform” rating in a report on Friday, December 6th.

Insider Buying and Selling at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, CAO Eric R. Fencl sold 9,074 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $40.28, for a total value of $365,500.72. Following the completion of the sale, the chief accounting officer now directly owns 128,004 shares of the company’s stock, valued at $5,156,001.12. The trade was a 6.62 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider J. Christopher Hurt sold 12,635 shares of the company’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $39.53, for a total transaction of $499,461.55. Following the completion of the transaction, the insider now owns 49,386 shares in the company, valued at $1,952,228.58. This represents a 20.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 175,713 shares of company stock valued at $7,580,622 in the last quarter. 7.90% of the stock is owned by insiders.

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.