Brandywine Global Investment Management LLC Has $3.03 Million Stock Position in Build-A-Bear Workshop, Inc. $BBW

Brandywine Global Investment Management LLC grew its holdings in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 19.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 58,694 shares of the specialty retailer’s stock after acquiring an additional 9,740 shares during the period. Brandywine Global Investment Management LLC owned about 0.44% of Build-A-Bear Workshop worth $3,026,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Quarry LP acquired a new stake in Build-A-Bear Workshop in the first quarter valued at $28,000. AlphaQuest LLC grew its position in shares of Build-A-Bear Workshop by 106.1% in the 1st quarter. AlphaQuest LLC now owns 814 shares of the specialty retailer’s stock valued at $30,000 after buying an additional 419 shares during the last quarter. MTM Investment Management LLC bought a new stake in shares of Build-A-Bear Workshop in the 2nd quarter valued at about $52,000. Jones Financial Companies Lllp acquired a new stake in shares of Build-A-Bear Workshop in the first quarter valued at about $199,000. Finally, James Investment Research Inc. bought a new position in shares of Build-A-Bear Workshop during the second quarter worth about $209,000. Institutional investors own 79.30% of the company’s stock.

Insider Buying and Selling at Build-A-Bear Workshop

In related news, CEO Sharon Price John sold 30,000 shares of Build-A-Bear Workshop stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $73.25, for a total value of $2,197,500.00. Following the transaction, the chief executive officer directly owned 261,305 shares of the company’s stock, valued at $19,140,591.25. The trade was a 10.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Craig Leavitt sold 4,000 shares of the firm’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $60.61, for a total transaction of $242,440.00. Following the completion of the sale, the director directly owned 64,142 shares in the company, valued at approximately $3,887,646.62. This trade represents a 5.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 61,387 shares of company stock worth $4,417,721 in the last 90 days. 5.80% of the stock is owned by company insiders.

Build-A-Bear Workshop Stock Down 2.4%

NYSE BBW opened at $47.70 on Tuesday. The firm has a market cap of $626.06 million, a P/E ratio of 10.69 and a beta of 0.88. The company’s 50 day moving average is $58.17 and its 200-day moving average is $54.54. Build-A-Bear Workshop, Inc. has a 12-month low of $32.55 and a 12-month high of $75.85.

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 firm had revenue of $150.45 million for the quarter. Build-A-Bear Workshop had a return on equity of 41.14% and a net margin of 11.34%. Equities analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Dividend Announcement

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

Analysts Set New Price Targets

Several brokerages recently commented on BBW. Northland Securities upped their target price on Build-A-Bear Workshop from $60.00 to $80.00 and gave the company an “outperform” rating in a report on Friday, August 29th. DA Davidson boosted their price target on shares of Build-A-Bear Workshop from $64.00 to $85.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Build-A-Bear Workshop in a research note on Wednesday, October 8th. Wall Street Zen cut shares of Build-A-Bear Workshop from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 23rd. Finally, Zacks Research lowered shares of Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Build-A-Bear Workshop has a consensus rating of “Moderate Buy” and a consensus price target of $68.00.

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.