Build-A-Bear Workshop, Inc. (NYSE:BBW) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. increased its position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 14.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 431,708 shares of the specialty retailer’s stock after acquiring an additional 55,328 shares during the quarter. American Century Companies Inc. owned approximately 3.21% of Build-A-Bear Workshop worth $19,876,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of BBW. USA Financial Formulas purchased a new stake in shares of Build-A-Bear Workshop in the 4th quarter valued at approximately $27,000. Quarry LP grew its position in Build-A-Bear Workshop by 346.6% in 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 period. New York State Teachers Retirement System purchased a new position in Build-A-Bear Workshop in the fourth quarter worth approximately $53,000. Fortitude Family Office LLC increased its stake 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 worth $68,000 after acquiring an additional 376 shares during the last quarter. Finally, Intech Investment Management LLC acquired a new stake in Build-A-Bear Workshop during the fourth quarter worth $200,000. Institutional investors and hedge funds own 79.30% of the company’s stock.

Insider Buying and Selling

In other news, CEO Sharon Price John sold 68,859 shares of the business’s stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $46.06, for a total transaction of $3,171,645.54. Following the completion of the transaction, the chief executive officer now directly owns 347,820 shares of the company’s stock, valued at approximately $16,020,589.20. The trade was a 16.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider J. Christopher Hurt sold 12,635 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $39.53, for a total transaction of $499,461.55. Following the completion of the sale, the insider now directly owns 49,386 shares in the company, valued at approximately $1,952,228.58. This trade represents a 20.37 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 161,666 shares of company stock valued at $7,010,081 in the last three months. 7.90% of the stock is owned by corporate insiders.

Build-A-Bear Workshop Price Performance

Shares of NYSE:BBW opened at $36.12 on Monday. The firm has a market capitalization of $485.43 million, a PE ratio of 9.61 and a beta of 1.50. Build-A-Bear Workshop, Inc. has a 1 year low of $23.63 and a 1 year high of $48.23. The firm’s 50-day moving average is $39.22 and its two-hundred day moving average is $38.75.

Build-A-Bear Workshop (NYSE:BBW) last announced its earnings results on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.07. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. The firm had revenue of $150.45 million for the quarter, compared to the consensus estimate of $147.53 million. Analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be issued a $0.22 dividend. The ex-dividend date is Thursday, March 27th. This is a positive change from Build-A-Bear Workshop’s previous quarterly dividend of $0.20. This represents a $0.88 dividend on an annualized basis and a yield of 2.44%. Build-A-Bear Workshop’s dividend payout ratio (DPR) is 23.10%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. StockNews.com downgraded Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Friday, March 21st. Northland Securities boosted their price target on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Finally, DA Davidson reaffirmed a “buy” rating and set a $50.00 price objective on shares of Build-A-Bear Workshop in a research report on Friday, March 14th.

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.