Build-A-Bear Workshop, Inc. (NYSE:BBW) Holdings Increased by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its holdings in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 296.2% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 46,880 shares of the specialty retailer's stock after purchasing an additional 35,049 shares during the quarter. BNP Paribas Financial Markets owned 0.35% of Build-A-Bear Workshop worth $1,611,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Pacifica Capital Investments LLC boosted its stake in shares of Build-A-Bear Workshop by 23.4% in the second quarter. Pacifica Capital Investments LLC now owns 1,229,006 shares of the specialty retailer's stock valued at $31,057,000 after purchasing an additional 232,840 shares during the period. American Century Companies Inc. boosted its position in Build-A-Bear Workshop by 17.2% in the 2nd quarter. American Century Companies Inc. now owns 320,832 shares of the specialty retailer's stock valued at $8,107,000 after buying an additional 47,096 shares during the last quarter. Maverick Capital Ltd. acquired a new stake in shares of Build-A-Bear Workshop during the second quarter valued at about $740,000. Inspire Investing LLC purchased a new stake in shares of Build-A-Bear Workshop during the third quarter worth about $892,000. Finally, Koss Olinger Consulting LLC acquired a new position in shares of Build-A-Bear Workshop in the second quarter worth about $504,000. Hedge funds and other institutional investors own 79.30% of the company's stock.

Build-A-Bear Workshop Trading Down 11.8 %

Build-A-Bear Workshop stock traded down $5.47 during midday trading on Friday, hitting $41.02. The stock had a trading volume of 682,800 shares, compared to its average volume of 220,223. The business has a fifty day moving average price of $37.18 and a 200 day moving average price of $31.08. Build-A-Bear Workshop, Inc. has a 12 month low of $21.24 and a 12 month high of $47.01. The stock has a market cap of $554.59 million, a P/E ratio of 10.91 and a beta of 1.53.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued 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 37.81% and a net margin of 10.36%. During the same period last year, the business posted $0.53 earnings per share. On average, equities analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.72 EPS for the current fiscal year.

Build-A-Bear Workshop announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, September 11th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the specialty retailer to buy up to 23.2% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

Build-A-Bear Workshop Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Wednesday, November 27th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.95%. Build-A-Bear Workshop's dividend payout ratio (DPR) is 21.28%.

Insider Transactions at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, CFO Vojin Todorovic sold 12,635 shares of the firm's stock in a transaction on Friday, October 4th. The stock was sold at an average price of $35.42, for a total value of $447,531.70. Following the sale, the chief financial officer now directly owns 90,695 shares in the company, valued at approximately $3,212,416.90. This trade represents a 12.23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director George Carrara sold 2,500 shares of the business's stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $36.27, for a total transaction of $90,675.00. Following the transaction, the director now directly owns 18,421 shares of the company's stock, valued at approximately $668,129.67. This trade represents a 11.95 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 80,734 shares of company stock worth $2,844,217. 7.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

BBW has been the subject of a number of recent analyst reports. StockNews.com upgraded Build-A-Bear Workshop from a "hold" rating to a "buy" rating in a research note on Tuesday, December 3rd. Northland Securities raised their price target on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an "outperform" rating in a research report on Friday. Finally, DA Davidson upped their price target on shares of Build-A-Bear Workshop from $40.00 to $50.00 and gave the company a "buy" rating in a report on Friday.

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.