TIAA CREF Investment Management LLC lowered its holdings in Buffalo Wild Wings, Inc. (NASDAQ:BWLD) by 4.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,281 shares of the restaurant operator’s stock after selling 5,230 shares during the period. TIAA CREF Investment Management LLC owned about 0.66% of Buffalo Wild Wings worth $12,959,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in BWLD. Public Employees Retirement System of Ohio increased its position in shares of Buffalo Wild Wings by 10.9% during the 1st quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock worth $117,000 after purchasing an additional 75 shares during the last quarter. FNY Managed Accounts LLC bought a new stake in shares of Buffalo Wild Wings during the 1st quarter worth approximately $130,000. Riverhead Capital Management LLC raised its stake in shares of Buffalo Wild Wings by 95.6% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,565 shares of the restaurant operator’s stock worth $198,000 after purchasing an additional 765 shares in the last quarter. LS Investment Advisors LLC raised its stake in shares of Buffalo Wild Wings by 9.1% during the 2nd quarter. LS Investment Advisors LLC now owns 1,577 shares of the restaurant operator’s stock worth $200,000 after purchasing an additional 131 shares in the last quarter. Finally, Pacer Advisors Inc. raised its stake in shares of Buffalo Wild Wings by 12.7% during the 1st quarter. Pacer Advisors Inc. now owns 1,654 shares of the restaurant operator’s stock worth $253,000 after purchasing an additional 186 shares in the last quarter. 88.52% of the stock is owned by institutional investors and hedge funds.

Shares of Buffalo Wild Wings, Inc. (BWLD) opened at 106.10 on Tuesday. Buffalo Wild Wings, Inc. has a 52-week low of $95.00 and a 52-week high of $175.10. The stock’s 50 day moving average price is $105.07 and its 200-day moving average price is $131.47. The company has a market capitalization of $1.64 billion, a P/E ratio of 26.87 and a beta of 0.83.

Buffalo Wild Wings (NASDAQ:BWLD) last released its quarterly earnings data on Wednesday, July 26th. The restaurant operator reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.35). Buffalo Wild Wings had a net margin of 3.39% and a return on equity of 17.14%. The business had revenue of $500.00 million during the quarter, compared to analysts’ expectations of $512.68 million. During the same quarter in the prior year, the firm posted $1.27 earnings per share. The firm’s quarterly revenue was up 2.0% on a year-over-year basis. On average, equities analysts expect that Buffalo Wild Wings, Inc. will post $4.49 earnings per share for the current year.

In related news, Director International Master F. Marcato purchased 9,100 shares of the business’s stock in a transaction dated Tuesday, August 1st. The stock was purchased at an average cost of $109.71 per share, with a total value of $998,361.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.19% of the company’s stock.

A number of brokerages recently weighed in on BWLD. Cowen and Company restated a “market perform” rating and set a $110.00 target price (down from $150.00) on shares of Buffalo Wild Wings in a report on Thursday, July 27th. Barclays PLC cut their price target on shares of Buffalo Wild Wings from $165.00 to $144.00 and set an “overweight” rating for the company in a research note on Thursday, July 27th. UBS AG reissued a “buy” rating and issued a $175.00 price objective (down previously from $185.00) on shares of Buffalo Wild Wings in a research report on Monday, June 12th. Jefferies Group LLC reissued a “hold” rating and issued a $160.00 price objective (up previously from $145.00) on shares of Buffalo Wild Wings in a research report on Monday, June 5th. Finally, Maxim Group decreased their price objective on shares of Buffalo Wild Wings from $180.00 to $165.00 and set a “buy” rating for the company in a research report on Monday, July 24th. One investment analyst has rated the stock with a sell rating, nineteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $140.71.

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Buffalo Wild Wings Profile

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

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Institutional Ownership by Quarter for Buffalo Wild Wings (NASDAQ:BWLD)

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