Build-A-Bear Workshop, Inc. (NYSE:BBW) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. reduced its holdings in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 43.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,072 shares of the specialty retailer's stock after selling 36,095 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.34% of Build-A-Bear Workshop worth $2,121,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. USA Financial Formulas acquired a new position in Build-A-Bear Workshop in the fourth quarter valued at approximately $27,000. Quarry LP lifted its position in shares of Build-A-Bear Workshop by 346.6% during the 3rd quarter. Quarry LP now owns 1,295 shares of the specialty retailer's stock worth $45,000 after buying an additional 1,005 shares during the last quarter. New York State Teachers Retirement System acquired a new position in shares of Build-A-Bear Workshop in the 4th quarter valued at $53,000. Fortitude Family Office LLC grew its position in shares of Build-A-Bear Workshop by 34.1% in the 4th quarter. Fortitude Family Office LLC now owns 1,480 shares of the specialty retailer's stock valued at $68,000 after buying an additional 376 shares during the last quarter. Finally, Hohimer Wealth Management LLC acquired a new stake in Build-A-Bear Workshop during the 3rd quarter worth $230,000. Hedge funds and other institutional investors own 79.30% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Northland Securities raised their price objective on Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an "outperform" rating in a report on Friday, December 6th. StockNews.com downgraded Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a research note on Friday, March 21st. Finally, DA Davidson reiterated 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.

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Insider Activity at Build-A-Bear Workshop

In other news, CFO Vojin Todorovic sold 15,000 shares of the firm's stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $41.55, for a total value of $623,250.00. Following the completion of the sale, the chief financial officer now directly owns 75,695 shares of the company's stock, valued at $3,145,127.25. This trade represents a 16.54 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider J. Christopher Hurt sold 12,635 shares of the company's stock in a transaction 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 transaction, the insider now directly owns 49,386 shares in the company, valued at $1,952,228.58. This represents a 20.37 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 161,666 shares of company stock worth $7,010,081 in the last three months. Insiders own 7.90% of the company's stock.

Build-A-Bear Workshop Stock Performance

NYSE BBW traded up $1.38 during trading on Wednesday, reaching $40.83. The company's stock had a trading volume of 300,880 shares, compared to its average volume of 253,182. Build-A-Bear Workshop, Inc. has a twelve month low of $23.63 and a twelve month high of $48.23. The firm has a market cap of $548.76 million, a price-to-earnings ratio of 10.86 and a beta of 1.50. The business's fifty day moving average price is $39.16 and its 200-day moving average price is $38.86.

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. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. The firm had revenue of $150.45 million during the quarter, compared to the consensus estimate of $147.53 million. As a group, sell-side analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, March 27th. This is an increase from Build-A-Bear Workshop's previous quarterly dividend of $0.20. This represents a $0.88 annualized dividend and a dividend yield of 2.16%. Build-A-Bear Workshop's dividend payout ratio (DPR) is currently 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.