USA Financial Formulas Acquires New Stake in Build-A-Bear Workshop, Inc. (NYSE:BBW)

USA Financial Formulas bought a new position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 592 shares of the specialty retailer’s stock, valued at approximately $27,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of BBW. Victory Capital Management Inc. grew its stake in shares of Build-A-Bear Workshop by 13.5% during the 2nd quarter. Victory Capital Management Inc. now owns 22,929 shares of the specialty retailer’s stock worth $579,000 after acquiring an additional 2,723 shares in the last quarter. American Century Companies Inc. boosted its holdings in Build-A-Bear Workshop by 17.2% during the second quarter. American Century Companies Inc. now owns 320,832 shares of the specialty retailer’s stock worth $8,107,000 after purchasing an additional 47,096 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Build-A-Bear Workshop by 0.3% in the second quarter. Dimensional Fund Advisors LP now owns 640,027 shares of the specialty retailer’s stock valued at $16,174,000 after purchasing an additional 2,081 shares in the last quarter. Renaissance Technologies LLC increased its stake in Build-A-Bear Workshop by 7.4% in the 2nd quarter. Renaissance Technologies LLC now owns 256,979 shares of the specialty retailer’s stock valued at $6,494,000 after buying an additional 17,772 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in Build-A-Bear Workshop during the 2nd quarter worth about $255,000. Institutional investors and hedge funds own 79.30% of the company’s stock.

Insider Activity

In other news, CAO Eric R. Fencl sold 9,074 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $40.28, for a total value of $365,500.72. Following the transaction, the chief accounting officer now owns 128,004 shares of the company’s stock, valued at approximately $5,156,001.12. This represents a 6.62 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lesli Rotenberg sold 2,473 shares of Build-A-Bear Workshop stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $41.10, for a total value of $101,640.30. Following the sale, the director now directly owns 11,724 shares of the company’s stock, valued at approximately $481,856.40. The trade was a 17.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 164,503 shares of company stock valued at $7,132,381 over the last ninety days. 7.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

BBW has been the subject of several analyst reports. StockNews.com upgraded Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a report on Thursday, December 19th. DA Davidson boosted their price target on Build-A-Bear Workshop from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Finally, Northland Securities increased their price objective on 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 Performance

Shares of BBW stock opened at $39.14 on Friday. Build-A-Bear Workshop, Inc. has a 52-week low of $21.42 and a 52-week high of $48.23. The stock has a market cap of $525.99 million, a price-to-earnings ratio of 10.41 and a beta of 1.49. The firm’s 50-day moving average is $41.27 and its 200-day moving average is $34.45.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $0.73 earnings per share (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 last year, the business earned $0.53 EPS. Sell-side analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, November 27th were given a dividend of $0.20 per share. The ex-dividend date was Wednesday, November 27th. This represents a $0.80 dividend on an annualized basis and a yield of 2.04%. Build-A-Bear Workshop’s dividend payout ratio (DPR) is 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.