Formula Growth Ltd. Sells 129,963 Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW)

Formula Growth Ltd. decreased its holdings in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 58.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 92,197 shares of the specialty retailer's stock after selling 129,963 shares during the quarter. Build-A-Bear Workshop accounts for approximately 1.4% of Formula Growth Ltd.'s holdings, making the stock its 19th biggest position. Formula Growth Ltd. owned approximately 0.69% of Build-A-Bear Workshop worth $4,245,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. USA Financial Formulas purchased a new position in shares of Build-A-Bear Workshop during the fourth quarter valued at approximately $27,000. New York State Teachers Retirement System bought a new position in shares of Build-A-Bear Workshop during the 4th quarter valued at $53,000. Fortitude Family Office LLC boosted its stake 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 worth $68,000 after buying an additional 376 shares during the last quarter. Legal & General Group Plc grew its holdings in shares of Build-A-Bear Workshop by 26.0% in the fourth quarter. Legal & General Group Plc now owns 3,793 shares of the specialty retailer's stock worth $175,000 after acquiring an additional 783 shares during the period. Finally, Intech Investment Management LLC bought a new stake in shares of Build-A-Bear Workshop in the fourth quarter worth $200,000. Institutional investors own 79.30% of the company's stock.

Build-A-Bear Workshop Trading Up 4.2 %

Build-A-Bear Workshop stock traded up $1.40 during trading on Thursday, reaching $34.68. The company had a trading volume of 141,954 shares, compared to its average volume of 297,472. The firm has a market capitalization of $466.06 million, a price-to-earnings ratio of 9.18 and a beta of 1.04. The firm's 50-day simple moving average is $37.71 and its 200 day simple moving average is $39.19. 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, topping the consensus estimate of $1.52 by $0.07. The firm had revenue of $150.45 million for the quarter, compared to the consensus estimate of $147.53 million. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. On average, analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, March 27th were paid a dividend of $0.22 per share. This is a boost from Build-A-Bear Workshop's previous quarterly dividend of $0.20. The ex-dividend date was Thursday, March 27th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.54%. Build-A-Bear Workshop's payout ratio is 23.10%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on BBW shares. StockNews.com cut Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a research report on Friday, March 21st. DA Davidson reissued a "buy" rating and issued a $50.00 price objective on shares of Build-A-Bear Workshop in a report on Friday, March 14th.

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.