Aviva PLC Has $518,000 Stock Position in Build-A-Bear Workshop, Inc. $BBW

Aviva PLC lessened its stake in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 37.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,041 shares of the specialty retailer’s stock after selling 5,925 shares during the period. Aviva PLC owned about 0.08% of Build-A-Bear Workshop worth $518,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BBW. Ballentine Partners LLC purchased a new stake in shares of Build-A-Bear Workshop in the 2nd quarter valued at approximately $263,000. Foundry Partners LLC raised its stake in Build-A-Bear Workshop by 138.1% during the 1st quarter. Foundry Partners LLC now owns 115,885 shares of the specialty retailer’s stock valued at $4,307,000 after purchasing an additional 67,205 shares during the period. Magnetar Financial LLC purchased a new stake in shares of Build-A-Bear Workshop in the first quarter valued at $514,000. Charles Schwab Investment Management Inc. boosted its position in shares of Build-A-Bear Workshop by 42.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 65,815 shares of the specialty retailer’s stock worth $2,446,000 after buying an additional 19,743 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Build-A-Bear Workshop in the second quarter worth $555,000. 79.30% of the stock is owned by hedge funds and other institutional investors.

Build-A-Bear Workshop Trading Down 0.3%

Shares of NYSE:BBW opened at $49.36 on Friday. The stock has a market capitalization of $647.95 million, a PE ratio of 11.07 and a beta of 0.88. Build-A-Bear Workshop, Inc. has a 1 year low of $32.55 and a 1 year high of $75.85. The firm has a fifty day moving average price of $61.48 and a 200 day moving average price of $53.67.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings results on Thursday, March 27th. The specialty retailer reported $1.59 earnings per share for the quarter. The company had revenue of $150.45 million during the quarter. Build-A-Bear Workshop had a return on equity of 41.14% and a net margin of 11.34%. On average, sell-side analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Wednesday, November 26th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 1.8%. The ex-dividend date is Wednesday, November 26th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is 19.73%.

Wall Street Analysts Forecast Growth

BBW has been the subject of several research analyst reports. Wall Street Zen downgraded Build-A-Bear Workshop from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 23rd. Northland Securities increased their price target on shares of Build-A-Bear Workshop from $60.00 to $80.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. DA Davidson boosted their price objective on shares of Build-A-Bear Workshop from $64.00 to $85.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Build-A-Bear Workshop in a research note on Wednesday, October 8th. Finally, Zacks Research lowered shares of Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $68.00.

Insider Activity

In other news, Director Lesli Rotenberg sold 1,000 shares of the business’s stock in a transaction on Monday, October 13th. The shares were sold at an average price of $61.34, for a total value of $61,340.00. Following the completion of the sale, the director directly owned 9,825 shares in the company, valued at approximately $602,665.50. The trade was a 9.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sharon Price John sold 30,000 shares of the company’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $73.25, for a total transaction of $2,197,500.00. Following the sale, the chief executive officer directly owned 261,305 shares of the company’s stock, valued at approximately $19,140,591.25. This represents a 10.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 61,387 shares of company stock worth $4,417,721. 5.80% of the stock is owned by company insiders.

Build-A-Bear Workshop 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.