Swiss National Bank Makes New Investment in Build-A-Bear Workshop, Inc. $BBW

Swiss National Bank bought a new position in Build-A-Bear Workshop, Inc. (NYSE:BBW) in the 1st quarter, Holdings Channel.com reports. The firm bought 24,300 shares of the specialty retailer’s stock, valued at approximately $910,000.

A number of other large investors have also modified their holdings of BBW. Kestra Advisory Services LLC purchased a new stake in shares of Build-A-Bear Workshop during the 4th quarter valued at about $28,000. IFP Advisors Inc boosted its holdings in Build-A-Bear Workshop by 68.1% in the 3rd quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock worth $33,000 after acquiring an additional 203 shares during the period. Larson Financial Group LLC boosted its holdings in Build-A-Bear Workshop by 453.1% in the 3rd quarter. Larson Financial Group LLC now owns 542 shares of the specialty retailer’s stock worth $35,000 after acquiring an additional 444 shares during the period. Blue Trust Inc. grew its position in Build-A-Bear Workshop by 163.0% in the fourth quarter. Blue Trust Inc. now owns 668 shares of the specialty retailer’s stock valued at $41,000 after acquiring an additional 414 shares in the last quarter. Finally, Canada Pension Plan Investment Board acquired a new stake in Build-A-Bear Workshop in the second quarter valued at approximately $57,000. Institutional investors and hedge funds own 79.30% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on BBW shares. DA Davidson reiterated a “buy” rating and set a $60.00 price objective on shares of Build-A-Bear Workshop in a research note 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 investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $70.00.

Build-A-Bear Workshop Stock Performance

NYSE:BBW opened at $34.02 on Friday. Build-A-Bear Workshop, Inc. has a one year low of $29.35 and a one year high of $75.85. The business’s 50-day simple moving average is $33.55 and its 200 day simple moving average is $41.78. The stock has a market cap of $426.64 million, a price-to-earnings ratio of 7.97 and a beta of 1.09.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings results on Thursday, May 28th. The specialty retailer reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.27. Build-A-Bear Workshop had a return on equity of 32.15% and a net margin of 10.48%.The firm had revenue of $125.27 million during the quarter, compared to the consensus estimate of $129.45 million. On average, equities research analysts predict that Build-A-Bear Workshop, Inc. will post 4.04 EPS for the current year.

Build-A-Bear Workshop Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 25th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Thursday, June 25th. Build-A-Bear Workshop’s payout ratio is 21.55%.

Insider Activity

In related news, Director George Carrara sold 3,000 shares of the company’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $34.52, for a total value of $103,560.00. Following the sale, the director directly owned 11,277 shares of the company’s stock, valued at $389,282.04. This represents a 21.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 4.00% of the company’s stock.

About Build-A-Bear Workshop

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.