SummerHaven Investment Management LLC Increases Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

SummerHaven Investment Management LLC grew its holdings in Build-A-Bear Workshop, Inc. (NYSE:BBW) by 1.4% during the fourth quarter, HoldingsChannel reports. The firm owned 33,572 shares of the specialty retailer’s stock after acquiring an additional 463 shares during the period. SummerHaven Investment Management LLC’s holdings in Build-A-Bear Workshop were worth $772,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC acquired a new stake in shares of Build-A-Bear Workshop in the third quarter valued at approximately $148,000. Allspring Global Investments Holdings LLC increased its stake in shares of Build-A-Bear Workshop by 101.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,755 shares of the specialty retailer’s stock worth $169,000 after acquiring an additional 2,900 shares during the last quarter. Watershed Asset Management L.L.C. raised its holdings in shares of Build-A-Bear Workshop by 19.6% during the 4th quarter. Watershed Asset Management L.L.C. now owns 11,918 shares of the specialty retailer’s stock worth $274,000 after acquiring an additional 1,953 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of Build-A-Bear Workshop during the 3rd quarter valued at about $503,000. Finally, Cornercap Investment Counsel Inc. boosted its position in shares of Build-A-Bear Workshop by 35.9% during the 4th quarter. Cornercap Investment Counsel Inc. now owns 22,848 shares of the specialty retailer’s stock valued at $525,000 after acquiring an additional 6,039 shares during the last quarter. 79.30% of the stock is owned by hedge funds and other institutional investors.

Build-A-Bear Workshop Trading Up 2.1 %

NYSE BBW opened at $30.43 on Tuesday. The stock has a fifty day simple moving average of $27.15 and a 200-day simple moving average of $25.01. The stock has a market cap of $425.34 million, a PE ratio of 8.34 and a beta of 1.68. Build-A-Bear Workshop, Inc. has a twelve month low of $17.85 and a twelve month high of $30.63.

Build-A-Bear Workshop (NYSE:BBW) last posted its earnings results on Thursday, March 14th. The specialty retailer reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.02. The company had revenue of $149.28 million for the quarter, compared to analysts’ expectations of $150.02 million. Build-A-Bear Workshop had a net margin of 10.86% and a return on equity of 43.26%. Research analysts predict that Build-A-Bear Workshop, Inc. will post 3.57 EPS for the current year.

Build-A-Bear Workshop Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were issued a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.80 annualized dividend and a yield of 2.63%. Build-A-Bear Workshop’s dividend payout ratio (DPR) is presently 21.92%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. DA Davidson reaffirmed a “buy” rating and set a $40.00 target price on shares of Build-A-Bear Workshop in a research note on Friday, March 15th. StockNews.com downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Friday, January 26th.

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.