Foundry Partners LLC Takes Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Foundry Partners LLC bought a new stake in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 48,680 shares of the specialty retailer's stock, valued at approximately $2,241,000. Foundry Partners LLC owned 0.36% of Build-A-Bear Workshop at the end of the most recent quarter.

Several other large investors have also modified their holdings of BBW. USA Financial Formulas purchased a new position in shares of Build-A-Bear Workshop during the 4th quarter worth approximately $27,000. Quarry LP boosted 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 purchasing an additional 1,005 shares in the last quarter. New York State Teachers Retirement System acquired a new position in shares of Build-A-Bear Workshop during the 4th quarter worth $53,000. Fortitude Family Office LLC increased its holdings 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 purchasing an additional 376 shares in the last quarter. Finally, Intech Investment Management LLC purchased a new stake in Build-A-Bear Workshop during the fourth quarter worth $200,000. Hedge funds and other institutional investors own 79.30% of the company's stock.

Build-A-Bear Workshop Stock Down 5.4 %

Shares of NYSE:BBW traded down $2.12 during trading on Thursday, reaching $37.24. The stock had a trading volume of 98,685 shares, compared to its average volume of 258,184. Build-A-Bear Workshop, Inc. has a fifty-two week low of $23.63 and a fifty-two week high of $48.23. The business has a fifty day moving average price of $38.23 and a 200-day moving average price of $39.03. The stock has a market cap of $500.44 million, a P/E ratio of 9.83 and a beta of 1.04.

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Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its quarterly earnings results on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share for the quarter, topping analysts' consensus estimates of $1.52 by $0.07. The company had revenue of $150.45 million for the quarter, compared to analyst estimates of $147.53 million. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. As a group, equities analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be issued a dividend of $0.22 per share. This is a positive change from Build-A-Bear Workshop's previous quarterly dividend of $0.20. This represents a $0.88 annualized dividend and a dividend yield of 2.36%. The ex-dividend date is Thursday, March 27th. Build-A-Bear Workshop's dividend payout ratio is presently 23.10%.

Insider Buying and Selling

In related news, insider J. Christopher Hurt sold 12,635 shares of the firm's stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $39.53, for a total value of $499,461.55. Following the transaction, the insider now owns 49,386 shares in the company, valued at approximately $1,952,228.58. This trade represents a 20.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Vojin Todorovic sold 5,000 shares of the business's stock in a transaction that occurred 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 sale, the chief financial officer now 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 92,807 shares of company stock valued at $3,838,436. Insiders own 7.90% of the company's stock.

Wall Street Analyst Weigh In

BBW has been the subject of a number of recent research reports. DA Davidson reissued a "buy" rating and set a $50.00 price objective on shares of Build-A-Bear Workshop in a research note on Friday, March 14th. StockNews.com cut Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a report on Friday, March 21st.

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.