Dimensional Fund Advisors LP Sells 116,355 Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW)

Dimensional Fund Advisors LP lowered its position in Build-A-Bear Workshop, Inc. (NYSE:BBW) by 18.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 523,726 shares of the specialty retailer’s stock after selling 116,355 shares during the period. Dimensional Fund Advisors LP owned about 3.90% of Build-A-Bear Workshop worth $24,113,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BBW. USA Financial Formulas bought a new stake in shares of Build-A-Bear Workshop during the 4th quarter valued at about $27,000. New York State Teachers Retirement System bought a new stake in Build-A-Bear Workshop during the fourth quarter valued at approximately $53,000. Fortitude Family Office LLC increased its holdings in Build-A-Bear Workshop by 34.1% during the fourth quarter. Fortitude Family Office LLC now owns 1,480 shares of the specialty retailer’s stock valued at $68,000 after buying an additional 376 shares during the last quarter. Legal & General Group Plc raised its position in Build-A-Bear Workshop by 26.0% in the fourth quarter. Legal & General Group Plc now owns 3,793 shares of the specialty retailer’s stock worth $175,000 after acquiring an additional 783 shares during the period. Finally, Intech Investment Management LLC purchased a new position in shares of Build-A-Bear Workshop during the 4th quarter worth $200,000. Hedge funds and other institutional investors own 79.30% of the company’s stock.

Build-A-Bear Workshop Stock Performance

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

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 for the quarter, topping analysts’ consensus estimates of $1.52 by $0.07. The firm 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 predict that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, March 27th were given a dividend of $0.22 per share. This is a positive change 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 dividend on an annualized basis and a dividend yield of 2.49%. Build-A-Bear Workshop’s dividend payout ratio is currently 23.10%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. DA Davidson reaffirmed a “buy” rating and issued a $50.00 target price on shares of Build-A-Bear Workshop in a report on Friday, March 14th. StockNews.com cut Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Friday, March 21st.

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.