JPMorgan Chase & Co. Grows Stock Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

JPMorgan Chase & Co. grew its position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 322.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,935 shares of the specialty retailer's stock after purchasing an additional 19,038 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.19% of Build-A-Bear Workshop worth $857,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. De Lisle Partners LLP increased its holdings in Build-A-Bear Workshop by 25.9% in the third quarter. De Lisle Partners LLP now owns 732,911 shares of the specialty retailer's stock valued at $25,187,000 after buying an additional 150,619 shares in the last quarter. State Street Corp increased its stake in shares of Build-A-Bear Workshop by 34.3% in the 3rd quarter. State Street Corp now owns 372,168 shares of the specialty retailer's stock valued at $12,863,000 after purchasing an additional 94,986 shares in the last quarter. Maverick Capital Ltd. increased its stake in shares of Build-A-Bear Workshop by 261.3% in the 3rd quarter. Maverick Capital Ltd. now owns 105,847 shares of the specialty retailer's stock valued at $3,638,000 after purchasing an additional 76,551 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in Build-A-Bear Workshop by 296.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 46,880 shares of the specialty retailer's stock worth $1,611,000 after purchasing an additional 35,049 shares during the period. Finally, Inspire Investing LLC purchased a new position in Build-A-Bear Workshop during the third quarter worth approximately $892,000. 79.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, CEO Sharon Price John sold 68,859 shares of the company's stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $46.06, for a total value of $3,171,645.54. Following the completion of the sale, the chief executive officer now directly owns 347,820 shares in the company, valued at $16,020,589.20. This represents a 16.53 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Vojin Todorovic sold 15,000 shares of the firm's stock in a transaction 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 ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 175,713 shares of company stock worth $7,580,622. Insiders own 7.90% of the company's stock.

Analysts Set New Price Targets

BBW has been the subject of several research analyst reports. DA Davidson upped their target price on Build-A-Bear Workshop from $40.00 to $50.00 and gave the stock a "buy" rating in a research note on Friday, December 6th. StockNews.com raised shares of Build-A-Bear Workshop from a "hold" rating to a "buy" rating in a report on Thursday, December 19th. Finally, Northland Securities increased their price objective on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an "outperform" rating in a report on Friday, December 6th.

Build-A-Bear Workshop Stock Up 1.2 %

Shares of NYSE BBW traded up $0.53 during midday trading on Friday, hitting $42.70. The stock had a trading volume of 209,910 shares, compared to its average volume of 281,489. The stock has a 50 day simple moving average of $41.65 and a 200-day simple moving average of $35.17. The company has a market capitalization of $573.83 million, a PE ratio of 11.36 and a beta of 1.49. Build-A-Bear Workshop, Inc. has a 1 year low of $21.42 and a 1 year high of $48.23.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $0.73 EPS for the quarter, beating the consensus estimate of $0.70 by $0.03. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. During the same period in the prior year, the company posted $0.53 earnings per share. As a group, analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, November 27th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $0.80 annualized dividend and a yield of 1.87%. Build-A-Bear Workshop's dividend payout ratio is presently 21.28%.

Build-A-Bear Workshop Company 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.