Integrated Quantitative Investments LLC Takes Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Integrated Quantitative Investments LLC bought a new position in Build-A-Bear Workshop, Inc. (NYSE:BBW) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 9,041 shares of the specialty retailer’s stock, valued at approximately $416,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. USA Financial Formulas bought a new position in shares of Build-A-Bear Workshop in the fourth quarter valued at approximately $27,000. New York State Teachers Retirement System bought a new position in Build-A-Bear Workshop in the 4th quarter worth $53,000. Quarry LP lifted its position in Build-A-Bear Workshop by 346.6% during the 3rd 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. Fortitude Family Office LLC boosted its holdings 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 valued at $68,000 after acquiring an additional 376 shares during the period. Finally, Intech Investment Management LLC acquired a new stake in shares of Build-A-Bear Workshop in the fourth quarter valued at about $200,000. Institutional investors own 79.30% of the company’s stock.

Build-A-Bear Workshop Stock Up 0.9 %

Shares of BBW opened at $36.43 on Friday. The stock’s 50-day moving average price is $38.91 and its 200 day moving average price is $38.88. The firm has a market capitalization of $489.62 million, a price-to-earnings ratio of 9.69 and a beta of 1.50. Build-A-Bear Workshop, Inc. has a 12-month low of $23.63 and a 12-month high of $48.23.

Build-A-Bear Workshop (NYSE:BBW) last issued its earnings results on Thursday, March 13th. The specialty retailer reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.07. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. The business had revenue of $150.45 million during the quarter, compared to analyst estimates of $147.53 million. Equities research analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be given a dividend of $0.22 per share. This is a positive change from Build-A-Bear Workshop’s previous quarterly dividend of $0.20. This represents a $0.88 annualized dividend and a dividend yield of 2.42%. The ex-dividend date is Thursday, March 27th. Build-A-Bear Workshop’s payout ratio is 23.10%.

Insider Activity at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, CFO Vojin Todorovic sold 5,000 shares of Build-A-Bear Workshop stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $40.08, for a total transaction of $200,400.00. Following the sale, the chief financial officer now directly owns 70,695 shares of the company’s stock, valued at approximately $2,833,455.60. The trade was a 6.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider J. Christopher Hurt sold 12,635 shares of the stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $39.53, for a total value of $499,461.55. Following the completion of the transaction, the insider now directly owns 49,386 shares of the company’s stock, valued at approximately $1,952,228.58. The trade was a 20.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 161,666 shares of company stock valued at $7,010,081 over the last quarter. 7.90% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on BBW. DA Davidson reissued 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. StockNews.com cut Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Friday, March 21st. Finally, Northland Securities boosted their target price on shares of 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.

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.