De Lisle Partners LLP Grows Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

De Lisle Partners LLP boosted its stake in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 25.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 732,911 shares of the specialty retailer's stock after buying an additional 150,619 shares during the quarter. Build-A-Bear Workshop makes up about 4.1% of De Lisle Partners LLP's investment portfolio, making the stock its largest position. De Lisle Partners LLP owned 5.42% of Build-A-Bear Workshop worth $25,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of BBW. Fortitude Family Office LLC raised its position in Build-A-Bear Workshop by 705.8% in the 3rd quarter. Fortitude Family Office LLC now owns 1,104 shares of the specialty retailer's stock valued at $38,000 after purchasing an additional 967 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in Build-A-Bear Workshop by 211.8% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 4,889 shares of the specialty retailer's stock valued at $124,000 after purchasing an additional 3,321 shares during the last quarter. Nisa Investment Advisors LLC raised its position in Build-A-Bear Workshop by 17.6% in 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. Lazard Asset Management LLC raised its position in Build-A-Bear Workshop by 25.2% in the 1st quarter. Lazard Asset Management LLC now owns 6,782 shares of the specialty retailer's stock valued at $202,000 after purchasing an additional 1,365 shares during the last quarter. Finally, Bleakley Financial Group LLC bought a new position in Build-A-Bear Workshop in the 3rd quarter valued at $257,000. Institutional investors and hedge funds own 79.30% of the company's stock.

Build-A-Bear Workshop Stock Performance

NYSE:BBW traded up $0.41 on Thursday, reaching $38.14. The company's stock had a trading volume of 256,263 shares, compared to its average volume of 228,757. Build-A-Bear Workshop, Inc. has a 1-year low of $21.24 and a 1-year high of $40.13. The firm has a market cap of $515.65 million, a PE ratio of 10.71 and a beta of 1.54. The business's 50-day moving average price is $36.12 and its two-hundred day moving average price is $30.59.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its earnings results on Thursday, August 29th. The specialty retailer reported $0.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.07. Build-A-Bear Workshop had a return on equity of 37.81% and a net margin of 10.36%. The firm had revenue of $111.80 million during the quarter, compared to analysts' expectations of $107.90 million. During the same period in the previous year, the firm earned $0.57 earnings per share. As a group, sell-side analysts expect that Build-A-Bear Workshop, Inc. will post 3.72 EPS for the current year.

Build-A-Bear Workshop Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Wednesday, November 27th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $0.80 annualized dividend and a dividend yield of 2.10%. Build-A-Bear Workshop's dividend payout ratio is currently 22.47%.

Build-A-Bear Workshop announced that its board has initiated a stock repurchase program on Wednesday, September 11th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the specialty retailer to buy up to 23.2% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. StockNews.com downgraded Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a research report on Thursday, November 7th. Northland Securities boosted their target price on Build-A-Bear Workshop from $36.00 to $38.00 and gave the stock an "outperform" rating in a research report on Friday, August 30th.

Insider Transactions at Build-A-Bear Workshop

In other news, Director George Carrara sold 2,500 shares of the company's stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $36.27, for a total transaction of $90,675.00. Following the completion of the transaction, the director now directly owns 18,421 shares of the company's stock, valued at $668,129.67. This represents a 11.95 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Vojin Todorovic sold 12,635 shares of the company's stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $35.42, for a total value of $447,531.70. Following the transaction, the chief financial officer now directly owns 90,695 shares of the company's stock, valued at $3,212,416.90. This represents a 12.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 130,734 shares of company stock valued at $4,510,217 over the last three months. Company insiders own 7.90% of the company's stock.

About Build-A-Bear Workshop

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.