Crown Advisors Management Inc. purchased a new position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 100,000 shares of the specialty retailer’s stock, valued at approximately $3,061,000. Build-A-Bear Workshop accounts for about 1.7% of Crown Advisors Management Inc.’s portfolio, making the stock its 22nd biggest holding.
Several other large investors have also added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. increased its holdings in shares of Build-A-Bear Workshop by 177.8% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 612,577 shares of the specialty retailer’s stock valued at $37,533,000 after purchasing an additional 392,039 shares during the period. State Street Corp lifted its holdings in shares of Build-A-Bear Workshop by 28.1% during the fourth quarter. State Street Corp now owns 391,646 shares of the specialty retailer’s stock worth $24,072,000 after purchasing an additional 85,871 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Build-A-Bear Workshop by 129.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 374,756 shares of the specialty retailer’s stock valued at $22,963,000 after buying an additional 211,145 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Build-A-Bear Workshop by 2.7% in the first quarter. Dimensional Fund Advisors LP now owns 366,456 shares of the specialty retailer’s stock valued at $13,724,000 after buying an additional 9,642 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in Build-A-Bear Workshop by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 319,162 shares of the specialty retailer’s stock worth $19,559,000 after buying an additional 1,994 shares during the period. Hedge funds and other institutional investors own 79.30% of the company’s stock.
Build-A-Bear Workshop Price Performance
BBW stock opened at $38.32 on Monday. The business has a 50 day simple moving average of $33.47 and a 200-day simple moving average of $39.41. The firm has a market capitalization of $480.50 million, a PE ratio of 8.97 and a beta of 1.10. Build-A-Bear Workshop, Inc. has a 1 year low of $29.35 and a 1 year high of $75.85.
Build-A-Bear Workshop Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 25th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 2.4%. The ex-dividend date was Thursday, June 25th. Build-A-Bear Workshop’s dividend payout ratio is presently 21.55%.
Insider Activity
In other Build-A-Bear Workshop news, Director George Carrara sold 3,000 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $34.52, for a total value of $103,560.00. Following the completion of the sale, the director directly owned 11,277 shares of the company’s stock, valued at $389,282.04. This trade represents a 21.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.00% of the stock is owned by company insiders.
Analysts Set New Price Targets
BBW has been the topic of several analyst reports. DA Davidson reaffirmed a “buy” rating and set a $60.00 target price on shares of Build-A-Bear Workshop in a report on Friday, May 29th. Weiss Ratings downgraded shares of Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $70.00.
View Our Latest Analysis on BBW
Build-A-Bear Workshop Company Profile
Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.
Founded in 1997 by Maxine Clark and headquartered in St.
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