Barclays PLC Increases Stake in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Barclays PLC boosted its position in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 311.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,246 shares of the specialty retailer's stock after buying an additional 13,810 shares during the quarter. Barclays PLC owned approximately 0.14% of Build-A-Bear Workshop worth $627,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Fortitude Family Office LLC lifted its stake in shares of Build-A-Bear Workshop by 705.8% during the 3rd quarter. Fortitude Family Office LLC now owns 1,104 shares of the specialty retailer's stock valued at $38,000 after buying an additional 967 shares in the last quarter. Quarry LP lifted its position in shares of Build-A-Bear Workshop by 346.6% during the third quarter. Quarry LP now owns 1,295 shares of the specialty retailer's stock worth $45,000 after acquiring an additional 1,005 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of Build-A-Bear Workshop by 17.6% in the third quarter. Nisa Investment Advisors LLC now owns 5,812 shares of the specialty retailer's stock worth $201,000 after acquiring an additional 871 shares during the period. Hohimer Wealth Management LLC purchased a new position in shares of Build-A-Bear Workshop in the third quarter valued at $230,000. Finally, Verition Fund Management LLC purchased a new position in shares of Build-A-Bear Workshop in the third quarter valued at $253,000. 79.30% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Build-A-Bear Workshop news, insider J. Christopher Hurt sold 12,635 shares of the company's 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 sale, the insider now 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lesli Rotenberg sold 2,473 shares of Build-A-Bear Workshop 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 transaction, the director now directly owns 11,724 shares in the company, valued at $481,856.40. This trade represents a 17.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 164,503 shares of company stock worth $7,132,381. Corporate insiders own 7.90% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on BBW shares. Northland Securities raised their target price on Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an "outperform" rating in a research note 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 shares of Build-A-Bear Workshop from $40.00 to $50.00 and gave the stock a "buy" rating in a report on Friday, December 6th.

Build-A-Bear Workshop Price Performance

NYSE BBW traded up $0.71 during trading on Friday, reaching $39.14. The company's stock had a trading volume of 201,651 shares, compared to its average volume of 343,268. The firm has a fifty day moving average of $41.27 and a 200 day moving average of $34.45. Build-A-Bear Workshop, Inc. has a one year low of $21.42 and a one year high of $48.23. The stock has a market capitalization of $525.99 million, a PE ratio of 10.41 and a beta of 1.49.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.03. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. During the same period in the previous year, the business earned $0.53 EPS. Research analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, November 27th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date was Wednesday, November 27th. Build-A-Bear Workshop's dividend payout ratio is currently 21.28%.

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.