Victory Capital Management Inc. Has $777,000 Stock Holdings in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Victory Capital Management Inc. cut its holdings in Build-A-Bear Workshop, Inc. (NYSE:BBW) by 17.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 16,884 shares of the specialty retailer’s stock after selling 3,538 shares during the quarter. Victory Capital Management Inc.’s holdings in Build-A-Bear Workshop were worth $777,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in BBW. De Lisle Partners LLP raised its position in shares of Build-A-Bear Workshop by 25.9% in the third quarter. De Lisle Partners LLP now owns 732,911 shares of the specialty retailer’s stock valued at $25,187,000 after purchasing an additional 150,619 shares during the period. State Street Corp increased its position in Build-A-Bear Workshop by 34.3% during the third quarter. State Street Corp now owns 372,168 shares of the specialty retailer’s stock worth $12,863,000 after acquiring an additional 94,986 shares during the period. Bank of New York Mellon Corp increased its position in Build-A-Bear Workshop by 77.5% during the fourth quarter. Bank of New York Mellon Corp now owns 180,045 shares of the specialty retailer’s stock worth $8,289,000 after acquiring an additional 78,629 shares during the period. Maverick Capital Ltd. boosted its stake in Build-A-Bear Workshop by 261.3% during the third quarter. Maverick Capital Ltd. now owns 105,847 shares of the specialty retailer’s stock worth $3,638,000 after buying an additional 76,551 shares in the last quarter. Finally, Segall Bryant & Hamill LLC boosted its stake in Build-A-Bear Workshop by 1.5% during the third quarter. Segall Bryant & Hamill LLC now owns 98,581 shares of the specialty retailer’s stock worth $3,388,000 after buying an additional 1,409 shares in the last quarter. 79.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BBW has been the topic of a number of recent research reports. DA Davidson reiterated a “buy” rating and set a $50.00 price target on shares of Build-A-Bear Workshop in a research note on Friday, March 14th. StockNews.com downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research note on Friday. Finally, Northland Securities lifted their price target on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th.

Insider Activity

In related news, CEO Sharon Price John sold 68,859 shares of the company’s stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $46.06, for a total transaction of $3,171,645.54. Following the transaction, the chief executive officer now owns 347,820 shares in the company, valued at $16,020,589.20. This represents a 16.53 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Vojin Todorovic sold 15,000 shares of the company’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $41.55, for a total transaction of $623,250.00. Following the transaction, the chief financial officer now owns 75,695 shares in the company, valued at approximately $3,145,127.25. This trade represents a 16.54 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 161,666 shares of company stock worth $7,010,081. Corporate insiders own 7.90% of the company’s stock.

Build-A-Bear Workshop Stock Performance

Shares of NYSE:BBW opened at $37.39 on Friday. Build-A-Bear Workshop, Inc. has a 52 week low of $23.63 and a 52 week high of $48.23. The company’s fifty day moving average is $39.37 and its 200-day moving average is $38.43. The company has a market capitalization of $502.47 million, a PE ratio of 9.94 and a beta of 1.50.

Build-A-Bear Workshop (NYSE:BBW) last issued its earnings results on Thursday, March 13th. The specialty retailer reported $1.59 EPS for the quarter, beating the consensus estimate of $1.52 by $0.07. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. The company had revenue of $150.45 million for the quarter, compared to the consensus estimate of $147.53 million. On average, analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.35%. The ex-dividend date is Thursday, March 27th. This is an increase from Build-A-Bear Workshop’s previous quarterly dividend of $0.20. Build-A-Bear Workshop’s payout ratio is currently 23.10%.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.