Build-A-Bear Workshop, Inc. (NYSE:BBW) Shares Purchased by Wells Fargo & Company MN

Wells Fargo & Company MN grew its holdings in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 48.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,835 shares of the specialty retailer’s stock after purchasing an additional 1,909 shares during the period. Wells Fargo & Company MN’s holdings in Build-A-Bear Workshop were worth $269,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Bank of New York Mellon Corp grew its position in Build-A-Bear Workshop by 77.5% in the fourth quarter. Bank of New York Mellon Corp now owns 180,045 shares of the specialty retailer’s stock worth $8,289,000 after buying an additional 78,629 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Build-A-Bear Workshop by 26.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 291,990 shares of the specialty retailer’s stock worth $13,443,000 after acquiring an additional 61,111 shares during the last quarter. American Century Companies Inc. raised its position in shares of Build-A-Bear Workshop by 14.7% during the fourth quarter. American Century Companies Inc. now owns 431,708 shares of the specialty retailer’s stock worth $19,876,000 after purchasing an additional 55,328 shares during the period. Foundry Partners LLC acquired a new stake in Build-A-Bear Workshop during the 4th quarter worth about $2,241,000. Finally, Kennondale Capital Management LLC purchased a new stake in Build-A-Bear Workshop during the fourth quarter valued at about $2,021,000. Institutional investors and hedge funds own 79.30% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on BBW. DA Davidson restated a “buy” rating and set a $50.00 price target on shares of Build-A-Bear Workshop in a report on Friday, March 14th. StockNews.com downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research note on Friday, March 21st.

Build-A-Bear Workshop Price Performance

Shares of BBW opened at $35.32 on Wednesday. The company has a market capitalization of $464.25 million, a price-to-earnings ratio of 9.39 and a beta of 0.54. The business’s 50-day moving average is $36.94 and its 200-day moving average is $39.17. Build-A-Bear Workshop, Inc. has a fifty-two week low of $23.63 and a fifty-two week high of $48.23.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings data on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $150.45 million during the quarter, compared to analysts’ expectations of $147.53 million. Equities research 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 company also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, March 27th were paid a $0.22 dividend. This is a boost from Build-A-Bear Workshop’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.88 annualized dividend and a dividend yield of 2.49%. Build-A-Bear Workshop’s payout ratio is presently 23.10%.

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.