Prairiewood Capital LLC Sells 1,081 Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW)

Prairiewood Capital LLC trimmed its position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 5.6% in the fourth quarter, Holdings Channel reports. The fund owned 18,340 shares of the specialty retailer’s stock after selling 1,081 shares during the quarter. Prairiewood Capital LLC’s holdings in Build-A-Bear Workshop were worth $844,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. USA Financial Formulas bought a new stake in Build-A-Bear Workshop during the 4th quarter valued at approximately $27,000. Fortitude Family Office LLC boosted its position in shares of Build-A-Bear Workshop by 705.8% in the third quarter. Fortitude Family Office LLC now owns 1,104 shares of the specialty retailer’s stock valued at $38,000 after acquiring an additional 967 shares during the period. Quarry LP grew its stake in shares of 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 last quarter. Nisa Investment Advisors LLC increased its position in Build-A-Bear Workshop by 17.6% during the third quarter. Nisa Investment Advisors LLC now owns 5,812 shares of the specialty retailer’s stock worth $201,000 after acquiring an additional 871 shares during the period. Finally, Hohimer Wealth Management LLC acquired a new position in Build-A-Bear Workshop during the 3rd quarter valued at $230,000. 79.30% of the stock is owned by institutional investors and hedge funds.

Build-A-Bear Workshop Stock Performance

NYSE:BBW opened at $39.14 on Tuesday. The company has a 50-day moving average of $41.27 and a 200-day moving average of $34.68. Build-A-Bear Workshop, Inc. has a 52 week low of $21.42 and a 52 week high of $48.23. The company has a market capitalization of $525.99 million, a price-to-earnings ratio of 10.41 and a beta of 1.49.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter in the prior year, the business earned $0.53 EPS. Sell-side analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, November 27th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $0.80 annualized dividend and a yield of 2.04%. Build-A-Bear Workshop’s dividend payout ratio is currently 21.28%.

Insider Buying and Selling at Build-A-Bear Workshop

In other news, CAO Eric R. Fencl sold 9,074 shares of Build-A-Bear Workshop stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $40.28, for a total value 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. The trade was a 6.62 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Vojin Todorovic sold 15,000 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $41.55, for a total value of $623,250.00. Following the sale, the chief financial officer now owns 75,695 shares in the company, valued at approximately $3,145,127.25. This trade represents a 16.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 164,503 shares of company stock valued at $7,132,381. 7.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

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

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.