Strs Ohio Trims Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Strs Ohio cut its holdings in Build-A-Bear Workshop, Inc. (NYSE:BBW) by 13.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,700 shares of the specialty retailer’s stock after selling 2,300 shares during the period. Strs Ohio’s holdings in Build-A-Bear Workshop were worth $337,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BBW. SkyView Investment Advisors LLC grew its holdings in shares of Build-A-Bear Workshop by 2.0% in the third quarter. SkyView Investment Advisors LLC now owns 29,358 shares of the specialty retailer’s stock valued at $864,000 after purchasing an additional 569 shares in the last quarter. Trexquant Investment LP grew its stake in shares of Build-A-Bear Workshop by 7.7% in the 3rd quarter. Trexquant Investment LP now owns 35,156 shares of the specialty retailer’s stock worth $1,034,000 after buying an additional 2,519 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Build-A-Bear Workshop by 101.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,755 shares of the specialty retailer’s stock worth $169,000 after buying an additional 2,900 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Build-A-Bear Workshop during the 3rd quarter valued at about $148,000. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Build-A-Bear Workshop by 13.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 105,226 shares of the specialty retailer’s stock valued at $3,095,000 after acquiring an additional 12,198 shares during the last quarter. 79.30% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

BBW has been the topic of a number of recent research reports. StockNews.com downgraded Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Friday, January 26th. DA Davidson restated a “buy” rating and set a $40.00 price target on shares of Build-A-Bear Workshop in a report on Friday, March 15th.

Build-A-Bear Workshop Trading Up 2.1 %

Shares of NYSE:BBW opened at $30.43 on Tuesday. Build-A-Bear Workshop, Inc. has a 12 month low of $17.85 and a 12 month high of $30.63. The company has a market capitalization of $425.34 million, a price-to-earnings ratio of 8.34 and a beta of 1.68. The firm’s 50-day moving average is $27.15 and its 200 day moving average is $25.01.

Build-A-Bear Workshop (NYSE:BBW) last released its earnings results on Thursday, March 14th. The specialty retailer reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.02. Build-A-Bear Workshop had a return on equity of 43.26% and a net margin of 10.86%. The firm had revenue of $149.28 million for the quarter, compared to analysts’ expectations of $150.02 million. As a group, equities analysts forecast that Build-A-Bear Workshop, Inc. will post 3.57 EPS for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.63%. The ex-dividend date of this dividend was Wednesday, March 27th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is presently 21.92%.

Build-A-Bear Workshop Company 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.