Strs Ohio Has $337,000 Stock Holdings in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Strs Ohio trimmed its stake in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 13.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 14,700 shares of the specialty retailer’s stock after selling 2,300 shares during the quarter. Strs Ohio owned about 0.10% of Build-A-Bear Workshop worth $337,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. SG Americas Securities LLC acquired a new position in Build-A-Bear Workshop during the third quarter valued at approximately $148,000. Allspring Global Investments Holdings LLC raised its holdings in shares of Build-A-Bear Workshop by 101.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,755 shares of the specialty retailer’s stock worth $169,000 after buying an additional 2,900 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Build-A-Bear Workshop during the 3rd quarter worth $503,000. Inspire Investing LLC acquired a new stake in Build-A-Bear Workshop in the third quarter valued at about $652,000. Finally, SkyView Investment Advisors LLC grew its position in Build-A-Bear Workshop by 2.0% in the third quarter. SkyView Investment Advisors LLC now owns 29,358 shares of the specialty retailer’s stock valued at $864,000 after acquiring an additional 569 shares during the last quarter. Institutional investors own 79.30% of the company’s stock.

Analysts Set New Price Targets

BBW has been the subject of a number of research reports. StockNews.com cut shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Friday, January 26th. DA Davidson reissued a “buy” rating and issued a $40.00 price objective on shares of Build-A-Bear Workshop in a research note on Friday, March 15th.

Build-A-Bear Workshop Trading Up 2.1 %

NYSE:BBW opened at $30.43 on Tuesday. The stock’s 50-day moving average is $27.15 and its 200-day moving average is $25.01. The stock has a market cap of $425.34 million, a P/E ratio of 8.34 and a beta of 1.68. Build-A-Bear Workshop, Inc. has a 1-year low of $17.85 and a 1-year high of $30.63.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings results on Thursday, March 14th. The specialty retailer reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.02. The firm had revenue of $149.28 million for the quarter, compared to analyst estimates of $150.02 million. Build-A-Bear Workshop had a return on equity of 43.26% and a net margin of 10.86%. As a group, equities analysts forecast that Build-A-Bear Workshop, Inc. will post 3.57 EPS for the current year.

Build-A-Bear Workshop Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were given a dividend of $0.20 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.80 annualized dividend and a dividend yield of 2.63%. Build-A-Bear Workshop’s payout ratio is 21.92%.

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.