Pacifica Capital Investments LLC cut its holdings in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW – Free Report) by 7.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,056,521 shares of the specialty retailer’s stock after selling 88,399 shares during the period. Build-A-Bear Workshop accounts for 16.0% of Pacifica Capital Investments LLC’s holdings, making the stock its 3rd biggest holding. Pacifica Capital Investments LLC owned about 0.08% of Build-A-Bear Workshop worth $54,474,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of the business. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Build-A-Bear Workshop in the first quarter worth approximately $346,000. Banque Cantonale Vaudoise purchased a new position in shares of Build-A-Bear Workshop in the 1st quarter valued at $331,000. XTX Topco Ltd lifted its stake in shares of Build-A-Bear Workshop by 45.0% during the 1st quarter. XTX Topco Ltd now owns 11,042 shares of the specialty retailer’s stock worth $410,000 after purchasing an additional 3,428 shares during the last quarter. Vanguard Group Inc. boosted its position in Build-A-Bear Workshop by 1.4% during the first quarter. Vanguard Group Inc. now owns 995,693 shares of the specialty retailer’s stock valued at $37,010,000 after purchasing an additional 13,713 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Build-A-Bear Workshop by 42.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 65,815 shares of the specialty retailer’s stock valued at $2,446,000 after purchasing an additional 19,743 shares in the last quarter. 79.30% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on the stock. Wall Street Zen downgraded shares of Build-A-Bear Workshop from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 23rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Build-A-Bear Workshop in a research note on Wednesday, October 8th. DA Davidson increased their target price on shares of 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 raised their target price on shares of Build-A-Bear Workshop from $60.00 to $80.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Finally, Zacks Research downgraded Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $68.00.
Build-A-Bear Workshop Stock Up 1.7%
Shares of Build-A-Bear Workshop stock opened at $52.18 on Friday. The company has a 50 day moving average price of $56.88 and a 200 day moving average price of $54.61. The firm has a market capitalization of $684.88 million, a P/E ratio of 11.70 and a beta of 0.88. Build-A-Bear Workshop, Inc. has a 52 week low of $32.55 and a 52 week high of $75.85.
Build-A-Bear Workshop (NYSE:BBW – Get Free Report) last released its earnings results on Thursday, March 27th. The specialty retailer reported $1.59 earnings per share for the quarter. The company 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, research analysts anticipate 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 company also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Wednesday, November 26th will be paid a $0.22 dividend. The ex-dividend date is Wednesday, November 26th. This represents a $0.88 dividend on an annualized basis and a yield of 1.7%. Build-A-Bear Workshop’s dividend payout ratio (DPR) is 19.73%.
Insider Transactions at Build-A-Bear Workshop
In related news, 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 owned 9,825 shares in the company, valued at approximately $602,665.50. This represents a 9.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Vojin Todorovic sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $73.25, for a total transaction of $732,500.00. Following the transaction, the chief financial officer directly owned 67,991 shares of the company’s stock, valued at $4,980,340.75. This represents a 12.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 61,387 shares of company stock worth $4,417,721. Insiders own 5.80% of the company’s stock.
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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