Price T Rowe Associates Inc. MD Grows Stake in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Price T Rowe Associates Inc. MD boosted its position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 7.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,242 shares of the specialty retailer’s stock after purchasing an additional 736 shares during the quarter. Price T Rowe Associates Inc. MD’s holdings in Build-A-Bear Workshop were worth $518,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in BBW. USA Financial Formulas acquired a new stake in shares of Build-A-Bear Workshop in the 4th quarter worth $27,000. New York State Teachers Retirement System acquired a new position in shares of Build-A-Bear Workshop in the 4th quarter valued at about $53,000. Tower Research Capital LLC TRC raised its holdings in Build-A-Bear Workshop by 494.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,689 shares of the specialty retailer’s stock worth $78,000 after purchasing an additional 1,405 shares during the period. Legal & General Group Plc raised its holdings in Build-A-Bear Workshop by 26.0% in the 4th quarter. Legal & General Group Plc now owns 3,793 shares of the specialty retailer’s stock worth $175,000 after purchasing an additional 783 shares during the period. Finally, Intech Investment Management LLC purchased a new stake in Build-A-Bear Workshop during the 4th quarter worth approximately $200,000. 79.30% of the stock is currently owned by hedge funds and other institutional investors.

Build-A-Bear Workshop Stock Up 1.5%

NYSE BBW opened at $42.04 on Wednesday. Build-A-Bear Workshop, Inc. has a 52-week low of $23.63 and a 52-week high of $48.23. The business’s 50-day moving average price is $36.75 and its 200 day moving average price is $39.23. The firm has a market cap of $555.18 million, a P/E ratio of 11.18 and a beta of 0.54.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings results on Thursday, March 13th. The specialty retailer reported $1.59 EPS for the quarter, topping the consensus estimate of $1.52 by $0.07. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. The business had revenue of $150.45 million for the quarter, compared to analyst estimates of $147.53 million. As a group, analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, March 27th were given a dividend of $0.22 per share. This is an increase from Build-A-Bear Workshop’s previous quarterly dividend of $0.20. This represents a $0.88 annualized dividend and a dividend yield of 2.09%. The ex-dividend date was Thursday, March 27th. Build-A-Bear Workshop’s payout ratio is currently 23.10%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. DA Davidson restated 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 cut Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Friday, March 21st.

Build-A-Bear Workshop 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.