Pacific Ridge Capital Partners LLC Has $11.37 Million Stock Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Pacific Ridge Capital Partners LLC reduced its position in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 24.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 247,038 shares of the specialty retailer's stock after selling 79,269 shares during the quarter. Build-A-Bear Workshop comprises about 2.6% of Pacific Ridge Capital Partners LLC's holdings, making the stock its 4th largest position. Pacific Ridge Capital Partners LLC owned approximately 1.84% of Build-A-Bear Workshop worth $11,374,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of BBW. BNP Paribas Financial Markets lifted its holdings in shares of 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 valued at $1,611,000 after buying an additional 35,049 shares during the period. De Lisle Partners LLP boosted its holdings in Build-A-Bear Workshop by 25.9% during the third quarter. De Lisle Partners LLP now owns 732,911 shares of the specialty retailer's stock worth $25,187,000 after buying an additional 150,619 shares in the last quarter. Verition Fund Management LLC acquired a new position in Build-A-Bear Workshop during the third quarter worth about $253,000. Maverick Capital Ltd. lifted its position in shares of Build-A-Bear Workshop by 261.3% during the 3rd quarter. Maverick Capital Ltd. now owns 105,847 shares of the specialty retailer's stock valued at $3,638,000 after acquiring an additional 76,551 shares during the period. Finally, HighTower Advisors LLC purchased a new stake in shares of Build-A-Bear Workshop during the 3rd quarter worth approximately $719,000. Hedge funds and other institutional investors own 79.30% of the company's stock.

Remove Ads

Insider Buying and Selling at Build-A-Bear Workshop

In other news, CFO Vojin Todorovic sold 15,000 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $41.55, for a total transaction of $623,250.00. Following the completion of the transaction, the chief financial officer now directly owns 75,695 shares in the company, valued at approximately $3,145,127.25. This represents a 16.54 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider J. Christopher Hurt sold 6,210 shares of the stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $39.91, for a total transaction of $247,841.10. Following the sale, the insider now owns 43,176 shares in the company, valued at approximately $1,723,154.16. This trade represents a 12.57 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 161,666 shares of company stock valued at $7,010,081. Company insiders own 7.90% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. DA Davidson reaffirmed a "buy" rating and set a $50.00 price objective on shares of Build-A-Bear Workshop in a report on Friday, March 14th. StockNews.com lowered shares of Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a research report on Friday, March 21st. Finally, Northland Securities lifted their target price on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an "outperform" rating in a research report on Friday, December 6th.

Build-A-Bear Workshop Trading Up 0.7 %

Shares of NYSE BBW traded up $0.26 during trading on Monday, reaching $36.41. The company had a trading volume of 65,707 shares, compared to its average volume of 251,417. The stock has a market capitalization of $489.35 million, a PE ratio of 9.61 and a beta of 1.50. Build-A-Bear Workshop, Inc. has a twelve month low of $23.63 and a twelve month high of $48.23. The stock has a 50-day moving average price of $39.22 and a two-hundred day moving average price of $38.75.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last released its earnings results on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share (EPS) for the quarter, beating 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 net margin of 10.58% and a return on equity of 38.35%. On average, sell-side analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be issued a $0.22 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.88 dividend on an annualized basis and a yield of 2.42%. This is a boost from Build-A-Bear Workshop's previous quarterly dividend of $0.20. Build-A-Bear Workshop's dividend payout ratio (DPR) is presently 23.10%.

About Build-A-Bear Workshop

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.