Build-A-Bear Workshop, Inc. (NYSE:BBW) Holdings Trimmed by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lowered its stake in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 12.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 82,167 shares of the specialty retailer’s stock after selling 12,075 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Build-A-Bear Workshop were worth $2,824,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Segall Bryant & Hamill LLC boosted its stake in shares of Build-A-Bear Workshop by 1.5% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 98,581 shares of the specialty retailer’s stock valued at $3,388,000 after buying an additional 1,409 shares during the period. Banque Cantonale Vaudoise acquired a new stake in shares of Build-A-Bear Workshop during the 3rd quarter valued at $306,000. OneDigital Investment Advisors LLC boosted its stake in shares of Build-A-Bear Workshop by 1.9% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 22,397 shares of the specialty retailer’s stock valued at $770,000 after buying an additional 408 shares during the period. GSA Capital Partners LLP boosted its stake in shares of Build-A-Bear Workshop by 32.0% during the 3rd quarter. GSA Capital Partners LLP now owns 23,437 shares of the specialty retailer’s stock valued at $806,000 after buying an additional 5,680 shares during the period. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Build-A-Bear Workshop by 3.3% during the 3rd quarter. Janney Montgomery Scott LLC now owns 23,483 shares of the specialty retailer’s stock valued at $807,000 after buying an additional 754 shares during the period. Institutional investors and hedge funds own 79.30% of the company’s stock.

Insiders Place Their Bets

In other news, Director George Carrara sold 2,500 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $36.27, for a total transaction of $90,675.00. Following the transaction, the director now owns 18,421 shares in the company, valued at approximately $668,129.67. The trade was a 11.95 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Lesli Rotenberg sold 2,473 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $41.10, for a total transaction of $101,640.30. Following the transaction, the director now owns 11,724 shares in the company, valued at approximately $481,856.40. The trade was a 17.42 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 92,281 shares of company stock valued at $3,311,358 in the last quarter. Insiders own 7.90% of the company’s stock.

Build-A-Bear Workshop Trading Down 1.2 %

BBW stock opened at $41.02 on Monday. Build-A-Bear Workshop, Inc. has a 1 year low of $21.24 and a 1 year high of $47.01. The company has a fifty day simple moving average of $37.95 and a 200 day simple moving average of $31.46. The firm has a market cap of $554.51 million, a PE ratio of 10.91 and a beta of 1.53.

Build-A-Bear Workshop (NYSE:BBW) last released its earnings results on Thursday, December 5th. The specialty retailer reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.03. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.40%. During the same quarter last year, the business posted $0.53 earnings per share. As a group, analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop declared that its board has initiated a stock repurchase program on Wednesday, September 11th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the specialty retailer to reacquire up to 23.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

Build-A-Bear Workshop Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Wednesday, November 27th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date of this dividend is Wednesday, November 27th. Build-A-Bear Workshop’s dividend payout ratio is 21.28%.

Analyst Ratings Changes

BBW has been the subject of several analyst reports. Northland Securities lifted their price objective on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. StockNews.com lowered shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research note on Wednesday, December 11th. Finally, DA Davidson lifted their price objective on shares of Build-A-Bear Workshop from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, December 6th.

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.