Vanguard Group Inc. Trims Stake in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Vanguard Group Inc. decreased its stake in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 7.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 981,980 shares of the specialty retailer's stock after selling 74,924 shares during the quarter. Vanguard Group Inc. owned about 7.31% of Build-A-Bear Workshop worth $45,210,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of BBW. State Street Corp boosted its stake in Build-A-Bear Workshop by 34.3% during the third quarter. State Street Corp now owns 372,168 shares of the specialty retailer's stock worth $12,863,000 after acquiring an additional 94,986 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Build-A-Bear Workshop by 77.5% during the 4th quarter. Bank of New York Mellon Corp now owns 180,045 shares of the specialty retailer's stock worth $8,289,000 after purchasing an additional 78,629 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Build-A-Bear Workshop by 14.7% in the 4th quarter. American Century Companies Inc. now owns 431,708 shares of the specialty retailer's stock valued at $19,876,000 after buying an additional 55,328 shares during the period. Kennondale Capital Management LLC bought a new stake in Build-A-Bear Workshop in the 4th quarter valued at about $2,021,000. Finally, Harvest Fund Management Co. Ltd bought a new stake in Build-A-Bear Workshop in the 4th quarter valued at about $1,695,000. Institutional investors and hedge funds own 79.30% of the company's stock.

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Analyst Ratings Changes

A number of equities research analysts have commented on BBW shares. 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 lowered shares of Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a research note on Friday, March 21st.

Insider Buying and Selling at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, CFO Vojin Todorovic sold 5,000 shares of the stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $40.08, for a total transaction of $200,400.00. Following the completion of the transaction, the chief financial officer now directly owns 70,695 shares of the company's stock, valued at approximately $2,833,455.60. This represents a 6.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider J. Christopher Hurt sold 6,210 shares of the company's stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $39.91, for a total value of $247,841.10. Following the transaction, the insider now directly owns 43,176 shares in the company, valued at $1,723,154.16. This represents a 12.57 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 23,845 shares of company stock worth $947,703 over the last three months. 7.90% of the stock is currently owned by insiders.

Build-A-Bear Workshop Trading Down 1.5 %

Build-A-Bear Workshop stock traded down $0.54 during trading on Tuesday, hitting $36.06. 241,940 shares of the company were exchanged, compared to its average volume of 260,574. The company has a market capitalization of $484.69 million, a P/E ratio of 9.59 and a beta of 1.04. The business's 50 day moving average is $38.09 and its 200 day moving average is $39.18. Build-A-Bear Workshop, Inc. has a 52 week low of $23.63 and a 52 week high of $48.23.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its quarterly earnings data on Thursday, March 13th. The specialty retailer reported $1.59 EPS for the quarter, beating the consensus estimate of $1.52 by $0.07. The firm had revenue of $150.45 million during the quarter, compared to analyst estimates of $147.53 million. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. Equities analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.44%. This is a boost from Build-A-Bear Workshop's previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Thursday, March 27th. Build-A-Bear Workshop's payout ratio is presently 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.