Miller Value Partners LLC Has $4.78 Million Stake in Build-A-Bear Workshop, Inc. $BBW

Miller Value Partners LLC trimmed its stake in Build-A-Bear Workshop, Inc. (NYSE:BBW) by 20.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 78,000 shares of the specialty retailer’s stock after selling 20,000 shares during the period. Build-A-Bear Workshop comprises approximately 1.7% of Miller Value Partners LLC’s investment portfolio, making the stock its 23rd biggest position. Miller Value Partners LLC owned approximately 0.60% of Build-A-Bear Workshop worth $4,779,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of BBW. Fuller & Thaler Asset Management Inc. boosted its position in Build-A-Bear Workshop by 177.8% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 612,577 shares of the specialty retailer’s stock valued at $37,533,000 after acquiring an additional 392,039 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Build-A-Bear Workshop by 129.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 374,756 shares of the specialty retailer’s stock worth $22,963,000 after purchasing an additional 211,145 shares in the last quarter. Meros Investment Management LP acquired a new position in shares of Build-A-Bear Workshop during the fourth quarter valued at about $9,004,000. Jefferies Financial Group Inc. bought a new position in Build-A-Bear Workshop in the 4th quarter valued at about $6,586,000. Finally, Marshall Wace LLP lifted its position in shares of Build-A-Bear Workshop by 69.9% during the 3rd quarter. Marshall Wace LLP now owns 237,927 shares of the specialty retailer’s stock worth $15,515,000 after buying an additional 97,917 shares in the last quarter. Institutional investors own 79.30% of the company’s stock.

Insiders Place Their Bets

In other Build-A-Bear Workshop news, Director George Carrara sold 3,000 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $34.52, for a total value of $103,560.00. Following the completion of the sale, the director directly owned 11,277 shares of the company’s stock, valued at $389,282.04. The trade was a 21.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 4.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. DA Davidson restated a “buy” rating and set a $60.00 price target on shares of Build-A-Bear Workshop in a research note on Friday, May 29th. Weiss Ratings lowered shares of Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Finally, Zacks Research upgraded shares of Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 3rd. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Build-A-Bear Workshop has an average rating of “Moderate Buy” and an average price target of $70.00.

Build-A-Bear Workshop Stock Performance

NYSE BBW opened at $31.68 on Thursday. Build-A-Bear Workshop, Inc. has a 52-week low of $31.54 and a 52-week high of $75.85. The company has a market capitalization of $397.18 million, a P/E ratio of 7.42 and a beta of 1.07. The company has a fifty day moving average of $36.51 and a 200-day moving average of $47.14.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings data on Thursday, May 28th. The specialty retailer reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.27. The company had revenue of $125.27 million during the quarter, compared to the consensus estimate of $129.45 million. Build-A-Bear Workshop had a net margin of 10.48% and a return on equity of 32.15%. As a group, analysts forecast that Build-A-Bear Workshop, Inc. will post 4.04 EPS for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 25th will be paid a $0.23 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $0.92 annualized dividend and a yield of 2.9%. Build-A-Bear Workshop’s payout ratio is currently 21.55%.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.

Founded in 1997 by Maxine Clark and headquartered in St.