Nisa Investment Advisors LLC Sells 700 Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW)

Nisa Investment Advisors LLC reduced its stake in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 12.5% in the 4th quarter, Holdings Channel reports. The firm owned 4,910 shares of the specialty retailer’s stock after selling 700 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Build-A-Bear Workshop were worth $113,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of BBW. Chimera Capital Management LLC bought a new position in Build-A-Bear Workshop during the 4th quarter worth $11,803,000. Divisadero Street Capital Management LP bought a new position in Build-A-Bear Workshop during the 4th quarter worth $11,036,000. Cannell Capital LLC raised its position in Build-A-Bear Workshop by 29.9% during the 1st quarter. Cannell Capital LLC now owns 1,670,230 shares of the specialty retailer’s stock worth $30,532,000 after purchasing an additional 384,649 shares during the last quarter. Nuveen Asset Management LLC raised its position in Build-A-Bear Workshop by 692.7% during the 2nd quarter. Nuveen Asset Management LLC now owns 275,332 shares of the specialty retailer’s stock worth $5,898,000 after purchasing an additional 240,598 shares during the last quarter. Finally, Ameriprise Financial Inc. bought a new position in Build-A-Bear Workshop during the 3rd quarter worth $4,382,000. 79.30% of the stock is owned by institutional investors.

Build-A-Bear Workshop Trading Up 2.4 %

Shares of Build-A-Bear Workshop stock opened at $28.19 on Friday. The business has a 50-day moving average price of $26.30 and a two-hundred day moving average price of $24.96. Build-A-Bear Workshop, Inc. has a 1-year low of $17.85 and a 1-year high of $30.49. The company has a market cap of $403.40 million, a P/E ratio of 7.72 and a beta of 1.68.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings results on Thursday, March 14th. The specialty retailer reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.02. Build-A-Bear Workshop had a return on equity of 45.25% and a net margin of 10.86%. The firm had revenue of $149.28 million during the quarter, compared to the consensus estimate of $150.02 million. Equities research analysts forecast that Build-A-Bear Workshop, Inc. will post 3.57 EPS for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were paid a $0.20 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.80 annualized dividend and a dividend yield of 2.84%. Build-A-Bear Workshop’s dividend payout ratio is presently 21.92%.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. DA Davidson reaffirmed a “buy” rating and set a $40.00 target price on shares of Build-A-Bear Workshop in a research report on Friday, March 15th. StockNews.com downgraded Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Friday, January 26th.

Insider Activity

In other news, CEO Sharon Price John sold 71,220 shares of the firm’s stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $22.08, for a total value of $1,572,537.60. Following the completion of the sale, the chief executive officer now directly owns 494,976 shares in the company, valued at approximately $10,929,070.08. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 11.40% of the stock is currently owned by company insiders.

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.