Segall Bryant & Hamill LLC Grows Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Segall Bryant & Hamill LLC raised its holdings in Build-A-Bear Workshop, Inc. (NYSE:BBW) by 1.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,581 shares of the specialty retailer’s stock after acquiring an additional 1,409 shares during the period. Segall Bryant & Hamill LLC’s holdings in Build-A-Bear Workshop were worth $3,388,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of BBW. Russell Investments Group Ltd. increased its position in shares of Build-A-Bear Workshop by 7.4% during the 1st quarter. Russell Investments Group Ltd. now owns 63,512 shares of the specialty retailer’s stock valued at $1,897,000 after purchasing an additional 4,384 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Build-A-Bear Workshop by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 1,047,261 shares of the specialty retailer’s stock valued at $31,282,000 after purchasing an additional 6,913 shares during the last quarter. Lazard Asset Management LLC increased its position in shares of Build-A-Bear Workshop by 25.2% during the 1st quarter. Lazard Asset Management LLC now owns 6,782 shares of the specialty retailer’s stock valued at $202,000 after purchasing an additional 1,365 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Build-A-Bear Workshop by 4.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 63,055 shares of the specialty retailer’s stock valued at $1,885,000 after purchasing an additional 2,599 shares during the last quarter. Finally, SkyView Investment Advisors LLC bought a new position in shares of Build-A-Bear Workshop during the 1st quarter valued at about $917,000. 79.30% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

BBW has been the topic of several recent research reports. StockNews.com lowered Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th. Northland Securities raised their price target on Build-A-Bear Workshop from $36.00 to $38.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th.

Build-A-Bear Workshop Price Performance

BBW opened at $38.19 on Friday. The stock’s 50 day simple moving average is $35.59 and its 200 day simple moving average is $30.32. Build-A-Bear Workshop, Inc. has a 1 year low of $21.24 and a 1 year high of $40.13. The firm has a market cap of $516.33 million, a price-to-earnings ratio of 10.73 and a beta of 1.54.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings results on Thursday, August 29th. The specialty retailer reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.07. Build-A-Bear Workshop had a return on equity of 37.81% and a net margin of 10.36%. The business had revenue of $111.80 million for the quarter, compared to analyst estimates of $107.90 million. During the same period last year, the company earned $0.57 EPS. As a group, sell-side analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.72 EPS for the current year.

Build-A-Bear Workshop Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Wednesday, November 27th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.09%. The ex-dividend date is Wednesday, November 27th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is currently 22.47%.

Build-A-Bear Workshop declared that its board has approved a share buyback plan on Wednesday, September 11th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the specialty retailer to buy up to 23.2% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other Build-A-Bear Workshop news, CEO Sharon Price John sold 50,000 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $33.32, for a total value of $1,666,000.00. Following the completion of the sale, the chief executive officer now owns 465,004 shares in the company, valued at approximately $15,493,933.28. This trade represents a 9.71 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Eric R. Fencl sold 17,274 shares of the firm’s stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $35.05, for a total value of $605,453.70. Following the completion of the transaction, the chief accounting officer now owns 137,078 shares of the company’s stock, valued at approximately $4,804,583.90. The trade was a 11.19 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 130,734 shares of company stock worth $4,510,217. 7.90% of the stock is currently owned by company insiders.

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.