Koss Olinger Consulting LLC increased its holdings in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW – Free Report) by 5.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 21,370 shares of the specialty retailer’s stock after purchasing an additional 1,184 shares during the period. Koss Olinger Consulting LLC owned approximately 0.16% of Build-A-Bear Workshop worth $984,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in shares of Build-A-Bear Workshop by 322.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 24,935 shares of the specialty retailer’s stock worth $857,000 after purchasing an additional 19,038 shares during the last quarter. CWA Asset Management Group LLC acquired a new position in shares of Build-A-Bear Workshop during the 4th quarter worth about $800,000. State Street Corp lifted its position in shares of Build-A-Bear Workshop by 34.3% during the 3rd quarter. State Street Corp now owns 372,168 shares of the specialty retailer’s stock worth $12,863,000 after purchasing an additional 94,986 shares during the last quarter. De Lisle Partners LLP lifted its position 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 last quarter. Finally, Franklin Resources Inc. acquired a new position in shares of Build-A-Bear Workshop during the 3rd quarter worth about $282,000. Institutional investors and hedge funds own 79.30% of the company’s stock.
Analyst Ratings Changes
BBW has been the subject of several research analyst reports. Northland Securities boosted their price objective on Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. StockNews.com raised Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a report on Thursday, March 13th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $50.00 price target on shares of Build-A-Bear Workshop in a report on Friday, March 14th.
Insider Activity
In other news, CFO Vojin Todorovic sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $40.08, for a total value of $200,400.00. Following the sale, the chief financial officer now directly owns 70,695 shares in the company, valued at approximately $2,833,455.60. This represents a 6.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Sharon Price John sold 68,859 shares of the company’s stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $46.06, for a total value of $3,171,645.54. Following the completion of the sale, the chief executive officer now owns 347,820 shares in the company, valued at approximately $16,020,589.20. This represents a 16.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 161,666 shares of company stock worth $7,010,081. Company insiders own 7.90% of the company’s stock.
Build-A-Bear Workshop Stock Up 2.1 %
Build-A-Bear Workshop stock opened at $35.92 on Wednesday. The business has a 50 day moving average price of $39.68 and a two-hundred day moving average price of $38.42. The stock has a market cap of $482.82 million, a price-to-earnings ratio of 9.55 and a beta of 1.50. Build-A-Bear Workshop, Inc. has a 12 month low of $23.63 and a 12 month high of $48.23.
Build-A-Bear Workshop (NYSE:BBW – Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.07. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. The company had revenue of $150.45 million for the quarter, compared to analyst estimates of $147.53 million. On average, analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.
Build-A-Bear Workshop Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be paid a $0.22 dividend. This is a positive change from Build-A-Bear Workshop’s previous quarterly dividend of $0.20. This represents a $0.88 annualized dividend and a dividend yield of 2.45%. The ex-dividend date is Thursday, March 27th. Build-A-Bear Workshop’s dividend payout ratio is currently 23.10%.
Build-A-Bear Workshop 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.
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