Arrowstreet Capital Limited Partnership Purchases 61,111 Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW)

Arrowstreet Capital Limited Partnership lifted its stake in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 26.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 291,990 shares of the specialty retailer's stock after buying an additional 61,111 shares during the period. Arrowstreet Capital Limited Partnership owned about 2.17% of Build-A-Bear Workshop worth $13,443,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in shares of Build-A-Bear Workshop by 322.8% in the third quarter. JPMorgan Chase & Co. now owns 24,935 shares of the specialty retailer's stock worth $857,000 after purchasing an additional 19,038 shares during the last quarter. CWA Asset Management Group LLC bought a new stake in shares of Build-A-Bear Workshop in the fourth quarter worth $800,000. State Street Corp grew its stake in shares of Build-A-Bear Workshop by 34.3% in the third quarter. State Street Corp now owns 372,168 shares of the specialty retailer's stock worth $12,863,000 after purchasing an additional 94,986 shares during the last quarter. Franklin Resources Inc. bought a new stake in shares of Build-A-Bear Workshop in the third quarter worth $282,000. Finally, Harvest Fund Management Co. Ltd bought a new stake in shares of Build-A-Bear Workshop in the fourth quarter worth $1,695,000. 79.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. DA Davidson reissued a "buy" rating and issued a $50.00 price objective on shares of Build-A-Bear Workshop in a research note on Friday, March 14th. StockNews.com cut shares of Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a research report on Friday, March 21st.

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Insider Transactions at Build-A-Bear Workshop

In other news, CFO Vojin Todorovic sold 15,000 shares of the stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $41.55, for a total transaction of $623,250.00. Following the completion of the transaction, the chief financial officer now directly owns 75,695 shares of the company's stock, valued at $3,145,127.25. This represents a 16.54 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider J. Christopher Hurt sold 12,635 shares of the stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $39.53, for a total transaction of $499,461.55. Following the transaction, the insider now directly owns 49,386 shares of the company's stock, valued at $1,952,228.58. This represents a 20.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 92,807 shares of company stock valued at $3,838,436 in the last 90 days. 7.90% of the stock is currently owned by corporate insiders.

Build-A-Bear Workshop Stock Down 6.7 %

BBW traded down $2.64 during trading on Thursday, reaching $36.71. 34,342 shares of the stock traded hands, compared to its average volume of 257,932. The stock has a market capitalization of $493.38 million, a PE ratio of 9.76 and a beta of 1.04. The stock's 50-day moving average is $38.23 and its 200 day moving average is $39.03. 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 - Get Free Report) last issued its quarterly 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. The business had revenue of $150.45 million for the quarter, compared to analysts' expectations of $147.53 million. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. As a group, equities research analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Increases Dividend

The business also recently disclosed 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 represents a $0.88 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date is Thursday, March 27th. This is a boost from Build-A-Bear Workshop's previous quarterly dividend of $0.20. Build-A-Bear Workshop's dividend payout ratio is 23.10%.

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.