Boston Partners Boosts Position in Build-A-Bear Workshop, Inc. $BBW

Boston Partners raised its position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 55.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 89,827 shares of the specialty retailer’s stock after purchasing an additional 31,903 shares during the quarter. Boston Partners owned 0.68% of Build-A-Bear Workshop worth $4,631,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BBW. Quarry LP bought a new position in shares of Build-A-Bear Workshop in the 1st quarter worth approximately $28,000. AlphaQuest LLC raised its position in Build-A-Bear Workshop by 106.1% in 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 period. Jones Financial Companies Lllp purchased a new position in shares of Build-A-Bear Workshop during the 1st quarter worth $199,000. James Investment Research Inc. bought a new stake in shares of Build-A-Bear Workshop during the 2nd quarter valued at $209,000. Finally, Ballentine Partners LLC bought a new stake in shares of Build-A-Bear Workshop during the 2nd quarter valued at $263,000. Hedge funds and other institutional investors own 79.30% of the company’s stock.

Build-A-Bear Workshop Trading Down 1.3%

Shares of BBW opened at $48.68 on Friday. The business’s 50 day moving average is $61.16 and its 200 day moving average is $53.76. Build-A-Bear Workshop, Inc. has a 12-month low of $32.55 and a 12-month high of $75.85. The company has a market capitalization of $639.03 million, a PE ratio of 10.92 and a beta of 0.88.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings results on Thursday, March 27th. The specialty retailer reported $1.59 earnings per share for the quarter. The business had revenue of $150.45 million during the quarter. Build-A-Bear Workshop had a return on equity of 41.14% and a net margin of 11.34%. Equities research analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Wednesday, November 26th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Wednesday, November 26th. Build-A-Bear Workshop’s payout ratio is currently 19.73%.

Insider Activity at Build-A-Bear Workshop

In related news, Director Craig Leavitt sold 4,000 shares of the business’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $60.61, for a total value of $242,440.00. Following 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lesli Rotenberg sold 1,000 shares of the stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $61.34, for a total value of $61,340.00. Following the transaction, the director directly owned 9,825 shares of the company’s stock, valued at approximately $602,665.50. The trade was a 9.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 61,387 shares of company stock worth $4,417,721 in the last quarter. 5.80% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on BBW shares. Wall Street Zen cut Build-A-Bear Workshop from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 23rd. DA Davidson lifted their price objective on Build-A-Bear Workshop from $64.00 to $85.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Northland Securities increased their target price 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. Weiss Ratings restated a “buy (b-)” rating on shares of Build-A-Bear Workshop in a research note on Wednesday, October 8th. Finally, Zacks Research lowered shares of Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Build-A-Bear Workshop currently has an average rating of “Moderate Buy” and a consensus target price of $68.00.

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.