Nationwide Fund Advisors Has $107,000 Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)
Nationwide Fund Advisors decreased its position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 6.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,062 shares of the specialty retailer’s stock after selling 868 shares during the period. Nationwide Fund Advisors owned about 0.08% of Build-A-Bear Workshop worth $107,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Two Sigma Investments LP bought a new position in Build-A-Bear Workshop during the fourth quarter worth $164,000. Federated Investors Inc. PA boosted its position in Build-A-Bear Workshop by 5.0% in the fourth quarter. Federated Investors Inc. PA now owns 18,484 shares of the specialty retailer’s stock worth $254,000 after buying an additional 872 shares during the last quarter. Russell Investments Group Ltd. bought a new position in Build-A-Bear Workshop during the fourth quarter worth $2,393,000. State Street Corp boosted its position in Build-A-Bear Workshop by 5.2% in the fourth quarter. State Street Corp now owns 203,083 shares of the specialty retailer’s stock worth $2,794,000 after buying an additional 10,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Build-A-Bear Workshop by 1.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,331,738 shares of the specialty retailer’s stock worth $18,312,000 after buying an additional 23,009 shares during the last quarter. 71.55% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Build-A-Bear Workshop, Inc. (NYSE BBW) opened at 10.25 on Friday. The company’s 50-day moving average price is $10.73 and its 200 day moving average price is $10.85. Build-A-Bear Workshop, Inc. has a 52 week low of $8.05 and a 52 week high of $15.85. The company has a market cap of $159.94 million, a P/E ratio of 262.82 and a beta of -0.11.
Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings results on Thursday, April 27th. The specialty retailer reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.13. The company had revenue of $90.60 million for the quarter, compared to the consensus estimate of $87.48 million. Build-A-Bear Workshop had a return on equity of 5.28% and a net margin of 0.17%. Build-A-Bear Workshop’s revenue for the quarter was down 4.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.22 earnings per share. Equities research analysts anticipate that Build-A-Bear Workshop, Inc. will post $0.54 earnings per share for the current fiscal year.
Several brokerages recently issued reports on BBW. Zacks Investment Research downgraded Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 28th. Dougherty & Co lifted their target price on Build-A-Bear Workshop from $13.50 to $14.50 and gave the company a “buy” rating in a research note on Friday, April 28th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $12.20.
In other Build-A-Bear Workshop news, major shareholder Point72 Asset Management, L.P. purchased 23,194 shares of the stock in a transaction on Thursday, May 11th. The shares were bought at an average price of $10.65 per share, for a total transaction of $247,016.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have acquired 142,197 shares of company stock worth $1,515,178 in the last quarter. 17.50% of the stock is currently owned by company insiders.
About Build-A-Bear Workshop
Build-A-Bear Workshop, Inc is primarily a specialty retailer offering a make your own stuffed animal interactive retail-entertainment experience. The Company’s segments include direct-to-consumer (DTC), international franchising and commercial. The DTC segment includes the activities of Company-owned stores in the United States, Canada, the United Kingdom, Ireland and Denmark, and other retail delivery operations, including its e-commerce sites and temporary stores.
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