Pacifica Capital Investments LLC Has $53.70 Million Stock Holdings in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Pacifica Capital Investments LLC trimmed its stake in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 2.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,166,360 shares of the specialty retailer's stock after selling 29,035 shares during the quarter. Build-A-Bear Workshop makes up 17.3% of Pacifica Capital Investments LLC's portfolio, making the stock its 3rd biggest holding. Pacifica Capital Investments LLC owned approximately 8.68% of Build-A-Bear Workshop worth $53,699,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. USA Financial Formulas acquired a new stake in Build-A-Bear Workshop during the fourth quarter worth approximately $27,000. New York State Teachers Retirement System purchased a new position in shares of Build-A-Bear Workshop during the 4th quarter worth $53,000. Quarry LP boosted its holdings in shares of Build-A-Bear Workshop by 346.6% during the third quarter. Quarry LP now owns 1,295 shares of the specialty retailer's stock worth $45,000 after purchasing an additional 1,005 shares during the last quarter. Fortitude Family Office LLC grew its position in shares of Build-A-Bear Workshop by 34.1% in the fourth 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 during the period. Finally, Intech Investment Management LLC acquired a new position in Build-A-Bear Workshop in the fourth quarter valued at $200,000. 79.30% of the stock is currently owned by hedge funds and other institutional investors.

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Build-A-Bear Workshop Trading Down 5.7 %

NYSE:BBW traded down $2.20 on Friday, hitting $36.12. 210,065 shares of the stock were exchanged, compared to its average volume of 252,147. The stock has a fifty day moving average of $39.22 and a 200-day moving average of $38.62. The stock has a market cap of $485.43 million, a PE ratio of 9.61 and a beta of 1.50. Build-A-Bear Workshop, Inc. has a fifty-two week low of $23.63 and a fifty-two week high of $48.23.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its earnings results on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.52 by $0.07. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. The firm had revenue of $150.45 million during the quarter, compared to the consensus estimate of $147.53 million. As a group, 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 firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.44%. This is a boost from Build-A-Bear Workshop's previous quarterly dividend of $0.20. The ex-dividend date is Thursday, March 27th. Build-A-Bear Workshop's dividend payout ratio is 23.10%.

Analyst Ratings Changes

A number of brokerages have issued reports on BBW. DA Davidson reissued a "buy" rating and issued a $50.00 price target on shares of Build-A-Bear Workshop in a research note on Friday, March 14th. Northland Securities raised 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. Finally, 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.

Insider Activity at Build-A-Bear Workshop

In other news, insider J. Christopher Hurt sold 12,635 shares of the company's stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $39.53, for a total value of $499,461.55. Following the completion of the sale, the insider now owns 49,386 shares of the company's stock, valued at $1,952,228.58. This represents a 20.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sharon Price John sold 68,859 shares of the stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $46.06, for a total transaction of $3,171,645.54. Following the completion of the sale, the chief executive officer now directly owns 347,820 shares of the company's stock, valued at $16,020,589.20. This trade represents a 16.53 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 161,666 shares of company stock worth $7,010,081. Corporate insiders own 7.90% of the company's stock.

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.