Legal & General Group Plc Buys 783 Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW)

Legal & General Group Plc lifted its stake in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 26.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,793 shares of the specialty retailer’s stock after buying an additional 783 shares during the quarter. Legal & General Group Plc’s holdings in Build-A-Bear Workshop were worth $175,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Invesco Ltd. raised its position in shares of Build-A-Bear Workshop by 396.5% in the 4th quarter. Invesco Ltd. now owns 129,801 shares of the specialty retailer’s stock worth $5,976,000 after purchasing an additional 103,656 shares during the last quarter. Wells Fargo & Company MN raised its holdings in Build-A-Bear Workshop by 48.6% in the fourth quarter. Wells Fargo & Company MN now owns 5,835 shares of the specialty retailer’s stock worth $269,000 after buying an additional 1,909 shares during the last quarter. Integrated Quantitative Investments LLC purchased a new position in Build-A-Bear Workshop in the fourth quarter worth about $416,000. Foundry Partners LLC bought a new position in shares of Build-A-Bear Workshop in the fourth quarter worth approximately $2,241,000. Finally, ExodusPoint Capital Management LP purchased a new stake in shares of Build-A-Bear Workshop during the fourth quarter valued at approximately $455,000. 79.30% of the stock is owned by institutional investors.

Build-A-Bear Workshop Stock Up 1.1 %

Build-A-Bear Workshop stock opened at $35.67 on Friday. Build-A-Bear Workshop, Inc. has a 52-week low of $23.63 and a 52-week high of $48.23. The company has a market cap of $468.85 million, a price-to-earnings ratio of 9.49 and a beta of 1.04. The firm’s fifty day moving average is $37.21 and its 200 day moving average is $39.19.

Build-A-Bear Workshop (NYSE:BBW) last announced its earnings results on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.07. The business had revenue of $150.45 million during the quarter, compared to analyst estimates of $147.53 million. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. On average, equities 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 Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th were given a dividend of $0.22 per share. The ex-dividend date was Thursday, March 27th. This is a positive change from Build-A-Bear Workshop’s previous quarterly dividend of $0.20. This represents a $0.88 dividend on an annualized basis and a yield of 2.47%. Build-A-Bear Workshop’s dividend payout ratio (DPR) is currently 23.10%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on BBW shares. StockNews.com cut shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Friday, March 21st. DA Davidson reissued a “buy” rating and set a $50.00 price target on shares of Build-A-Bear Workshop in a report on Friday, March 14th.

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.