USA Financial Formulas Takes $27,000 Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

USA Financial Formulas purchased a new position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 592 shares of the specialty retailer’s stock, valued at approximately $27,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Fortitude Family Office LLC grew its position in 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 last quarter. Quarry LP boosted its stake in shares of Build-A-Bear Workshop by 346.6% in the 3rd quarter. Quarry LP now owns 1,295 shares of the specialty retailer’s stock valued at $45,000 after purchasing an additional 1,005 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of Build-A-Bear Workshop by 17.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 5,812 shares of the specialty retailer’s stock valued at $201,000 after purchasing an additional 871 shares during the last quarter. Hohimer Wealth Management LLC acquired a new position in Build-A-Bear Workshop during the 3rd quarter worth approximately $230,000. Finally, Verition Fund Management LLC bought a new position in Build-A-Bear Workshop in the 3rd quarter valued at approximately $253,000. 79.30% of the stock is owned by institutional investors.

Insider Buying and Selling at Build-A-Bear Workshop

In other news, insider J. Christopher Hurt sold 12,635 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $39.53, for a total value of $499,461.55. Following the sale, the insider now directly owns 49,386 shares of the company’s stock, valued at approximately $1,952,228.58. This represents a 20.37 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Lesli Rotenberg sold 2,473 shares of Build-A-Bear Workshop stock in a transaction 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 transaction, the director now directly owns 11,724 shares of the company’s stock, valued at $481,856.40. This represents a 17.42 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 164,503 shares of company stock valued at $7,132,381. 7.90% of the stock is currently owned by company insiders.

Build-A-Bear Workshop Stock Performance

BBW stock opened at $39.14 on Friday. 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 P/E ratio of 10.41 and a beta of 1.49. The company has a fifty day moving average price of $41.27 and a 200-day moving average price of $34.45.

Build-A-Bear Workshop (NYSE:BBW) last announced its earnings results on Thursday, December 5th. The specialty retailer reported $0.73 EPS for the quarter, topping the consensus estimate 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 firm posted $0.53 EPS. As a group, sell-side analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a report on Thursday, December 19th. Northland Securities upped their target price on Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Finally, DA Davidson lifted 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.

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.