BB&T Securities LLC bought a new position in shares of Buffalo Wild Wings, Inc. (NASDAQ:BWLD) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,777 shares of the restaurant operator’s stock, valued at approximately $293,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Alliancebernstein L.P. lifted its stake in Buffalo Wild Wings by 6.6% in the second quarter. Alliancebernstein L.P. now owns 655,269 shares of the restaurant operator’s stock valued at $83,023,000 after buying an additional 40,406 shares during the last quarter. Koch Industries Inc. purchased a new stake in Buffalo Wild Wings in the second quarter valued at approximately $618,000. Dimensional Fund Advisors LP lifted its stake in Buffalo Wild Wings by 3.1% in the second quarter. Dimensional Fund Advisors LP now owns 458,640 shares of the restaurant operator’s stock valued at $58,111,000 after buying an additional 13,689 shares during the last quarter. Victory Capital Management Inc. lifted its stake in Buffalo Wild Wings by 36.8% in the third quarter. Victory Capital Management Inc. now owns 410,928 shares of the restaurant operator’s stock valued at $43,435,000 after buying an additional 110,439 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Buffalo Wild Wings by 1.5% in the third quarter. Bank of New York Mellon Corp now owns 355,668 shares of the restaurant operator’s stock valued at $37,594,000 after buying an additional 5,399 shares during the last quarter. Institutional investors own 92.39% of the company’s stock.

Buffalo Wild Wings, Inc. (NASDAQ BWLD) opened at $156.00 on Tuesday. Buffalo Wild Wings, Inc. has a twelve month low of $95.00 and a twelve month high of $175.05. The firm has a market capitalization of $2,427.35, a price-to-earnings ratio of 36.10, a P/E/G ratio of 1.91 and a beta of 0.90. The company has a current ratio of 0.70, a quick ratio of 0.61 and a debt-to-equity ratio of 1.60.

Buffalo Wild Wings (NASDAQ:BWLD) last announced its quarterly earnings data on Wednesday, October 25th. The restaurant operator reported $1.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.57. Buffalo Wild Wings had a return on equity of 21.39% and a net margin of 3.17%. The firm had revenue of $496.70 million for the quarter, compared to analyst estimates of $500.97 million. During the same quarter in the prior year, the company posted $1.23 earnings per share. Buffalo Wild Wings’s quarterly revenue was up .5% on a year-over-year basis. analysts expect that Buffalo Wild Wings, Inc. will post 4.99 EPS for the current fiscal year.

A number of equities research analysts have weighed in on the company. Canaccord Genuity reiterated a “hold” rating and issued a $157.00 price objective on shares of Buffalo Wild Wings in a research note on Tuesday, November 28th. BMO Capital Markets set a $157.00 price target on Buffalo Wild Wings and gave the stock a “hold” rating in a research note on Wednesday, November 29th. Guggenheim cut Buffalo Wild Wings from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 29th. UBS cut Buffalo Wild Wings from a “buy” rating to a “neutral” rating and upped their price target for the stock from $140.00 to $148.00 in a research note on Monday, November 27th. Finally, Mizuho set a $157.00 price target on Buffalo Wild Wings and gave the stock a “hold” rating in a research note on Tuesday, November 28th. Two research analysts have rated the stock with a sell rating, twenty-three have given a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $144.67.

In other Buffalo Wild Wings news, Director Marcato Capital Management Lp sold 200,094 shares of the company’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $155.54, for a total value of $31,122,620.76. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director International Master F. Marcato sold 987,284 shares of the company’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $155.57, for a total value of $153,591,771.88. The disclosure for this sale can be found here. Corporate insiders own 1.19% of the company’s stock.

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Buffalo Wild Wings Company 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.

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

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