CWA Asset Management Group LLC Makes New Investment in Build-A-Bear Workshop, Inc. (NYSE:BBW)

CWA Asset Management Group LLC purchased a new stake in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 17,369 shares of the specialty retailer’s stock, valued at approximately $800,000. CWA Asset Management Group LLC owned 0.13% of Build-A-Bear Workshop at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Koss Olinger Consulting LLC increased its stake in Build-A-Bear Workshop by 1.3% in the 3rd quarter. Koss Olinger Consulting LLC now owns 20,186 shares of the specialty retailer’s stock valued at $694,000 after purchasing an additional 259 shares in the last quarter. OneDigital Investment Advisors LLC increased its position in Build-A-Bear Workshop by 1.9% during the third quarter. OneDigital Investment Advisors LLC now owns 22,397 shares of the specialty retailer’s stock worth $770,000 after buying an additional 408 shares in the last quarter. SkyView Investment Advisors LLC raised its holdings in shares of Build-A-Bear Workshop by 2.4% in the third quarter. SkyView Investment Advisors LLC now owns 31,695 shares of the specialty retailer’s stock worth $1,089,000 after acquiring an additional 734 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Build-A-Bear Workshop by 3.3% in the third quarter. Janney Montgomery Scott LLC now owns 23,483 shares of the specialty retailer’s stock valued at $807,000 after acquiring an additional 754 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in shares of 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 valued at $201,000 after acquiring an additional 871 shares during the last quarter. 79.30% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Northland Securities upped their target price on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an “outperform” rating in a report on Friday, December 6th. 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. Finally, DA Davidson upped their target price 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.

Build-A-Bear Workshop Price Performance

Shares of NYSE:BBW opened at $46.32 on Wednesday. The business has a 50-day moving average of $40.85 and a two-hundred day moving average of $33.72. The firm has a market capitalization of $622.54 million, a PE ratio of 12.32 and a beta of 1.49. Build-A-Bear Workshop, Inc. has a 12 month low of $21.24 and a 12 month high of $48.23.

Build-A-Bear Workshop (NYSE:BBW) last posted its earnings results on Thursday, December 5th. The specialty retailer reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.03. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.40%. During the same quarter in the prior year, the firm posted $0.53 earnings per share. As a group, research analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Wednesday, November 27th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date of this dividend is Wednesday, November 27th. Build-A-Bear Workshop’s dividend payout ratio is presently 21.28%.

Build-A-Bear Workshop declared that its board has approved a share repurchase program on Wednesday, September 11th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the specialty retailer to buy up to 23.2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other news, Director Lesli Rotenberg sold 2,473 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $41.10, for a total transaction of $101,640.30. Following the completion of the transaction, the director now directly owns 11,724 shares in the company, valued at approximately $481,856.40. This represents a 17.42 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Craig Leavitt sold 2,500 shares of the company’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $41.36, for a total transaction of $103,400.00. Following the completion of the sale, the director now directly owns 78,167 shares in the company, valued at $3,232,987.12. This represents a 3.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 16,547 shares of company stock worth $661,216 in the last 90 days. 7.90% of the stock is owned by company insiders.

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.