Barclays PLC Grows Stake in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Barclays PLC boosted its stake in Build-A-Bear Workshop, Inc. (NYSE:BBW) by 311.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,246 shares of the specialty retailer’s stock after buying an additional 13,810 shares during the quarter. Barclays PLC owned approximately 0.14% of Build-A-Bear Workshop worth $627,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fortitude Family Office LLC grew its holdings in shares of Build-A-Bear Workshop by 705.8% during the third quarter. Fortitude Family Office LLC now owns 1,104 shares of the specialty retailer’s stock worth $38,000 after buying an additional 967 shares in the last quarter. Quarry LP boosted its position in Build-A-Bear Workshop by 346.6% during the third quarter. Quarry LP now owns 1,295 shares of the specialty retailer’s stock worth $45,000 after acquiring an additional 1,005 shares during the last quarter. Nisa Investment Advisors LLC grew its stake in Build-A-Bear Workshop by 17.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 5,812 shares of the specialty retailer’s stock valued at $201,000 after acquiring an additional 871 shares in the last quarter. Hohimer Wealth Management LLC acquired a new stake in Build-A-Bear Workshop in the 3rd quarter valued at about $230,000. Finally, Verition Fund Management LLC acquired a new stake in Build-A-Bear Workshop in the 3rd quarter valued at about $253,000. 79.30% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, Director Lesli Rotenberg sold 2,473 shares of Build-A-Bear Workshop stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $41.10, for a total transaction of $101,640.30. Following the completion of the sale, the director now directly owns 11,724 shares in the company, valued at $481,856.40. This trade represents a 17.42 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Eric R. Fencl sold 9,074 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $40.28, for a total transaction of $365,500.72. Following the completion of the transaction, the chief accounting officer now owns 128,004 shares in the company, valued at approximately $5,156,001.12. This represents a 6.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 164,503 shares of company stock worth $7,132,381. Company insiders own 7.90% of the company’s stock.

Build-A-Bear Workshop Price Performance

Shares of NYSE BBW opened at $38.41 on Friday. The company has a market capitalization of $516.26 million, a P/E ratio of 10.22 and a beta of 1.49. The company has a 50 day simple moving average of $41.21 and a 200-day simple moving average of $34.33. Build-A-Bear Workshop, Inc. has a 1 year low of $21.24 and a 1 year high of $48.23.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.03. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. During the same period last year, the business earned $0.53 earnings per share. As a group, research analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, November 27th were issued a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $0.80 annualized dividend and a yield of 2.08%. Build-A-Bear Workshop’s dividend payout ratio (DPR) is currently 21.28%.

Analyst Ratings Changes

Several research analysts have recently weighed in on BBW shares. StockNews.com upgraded Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a report on Thursday, December 19th. DA Davidson boosted their price objective on Build-A-Bear Workshop from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. Finally, Northland Securities raised their target price on Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th.

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.