LSV Asset Management Grows Stake in Build-A-Bear Workshop, Inc. $BBW

LSV Asset Management increased its position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 97.2% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 161,100 shares of the specialty retailer’s stock after purchasing an additional 79,413 shares during the quarter. LSV Asset Management owned 1.22% of Build-A-Bear Workshop worth $8,306,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of BBW. CSM Advisors LLC purchased a new position in shares of Build-A-Bear Workshop in the second quarter valued at $6,233,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Build-A-Bear Workshop in the 1st quarter worth about $3,572,000. Pacer Advisors Inc. acquired a new stake in Build-A-Bear Workshop in the 1st quarter valued at about $3,154,000. American Century Companies Inc. increased its holdings in Build-A-Bear Workshop by 11.8% during the 1st quarter. American Century Companies Inc. now owns 482,641 shares of the specialty retailer’s stock valued at $17,940,000 after acquiring an additional 50,933 shares in the last quarter. Finally, Acadian Asset Management LLC increased its holdings in Build-A-Bear Workshop by 61.9% during the 1st quarter. Acadian Asset Management LLC now owns 119,046 shares of the specialty retailer’s stock valued at $4,423,000 after acquiring an additional 45,498 shares in the last quarter. 79.30% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Zacks Research downgraded shares of Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Northland Securities lifted their price objective on Build-A-Bear Workshop from $60.00 to $80.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Wall Street Zen lowered Build-A-Bear Workshop from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 23rd. DA Davidson raised their price target on Build-A-Bear Workshop from $64.00 to $85.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Build-A-Bear Workshop in a report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Build-A-Bear Workshop presently has a consensus rating of “Moderate Buy” and an average target price of $68.00.

Insiders Place Their Bets

In related news, Director Craig Leavitt sold 4,000 shares of the company’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $60.61, for a total value of $242,440.00. Following the completion of the transaction, the director directly owned 64,142 shares in the company, valued at approximately $3,887,646.62. This represents a 5.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Lesli Rotenberg sold 1,000 shares of the stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $61.34, for a total value of $61,340.00. Following the transaction, the director owned 9,825 shares in the company, valued at $602,665.50. This trade represents a 9.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 61,387 shares of company stock worth $4,417,721 in the last three months. Company insiders own 5.80% of the company’s stock.

Build-A-Bear Workshop Price Performance

NYSE:BBW opened at $47.57 on Thursday. The firm has a market cap of $624.46 million, a PE ratio of 10.67 and a beta of 0.88. The firm has a 50 day simple moving average of $59.78 and a 200-day simple moving average of $54.17. Build-A-Bear Workshop, Inc. has a 1-year low of $32.55 and a 1-year high of $75.85.

Build-A-Bear Workshop (NYSE:BBW) last announced its earnings results on Thursday, March 27th. The specialty retailer reported $1.59 earnings per share (EPS) for the quarter. The firm had revenue of $150.45 million for the quarter. Build-A-Bear Workshop had a net margin of 11.34% and a return on equity of 41.14%. As a group, sell-side analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

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

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.