Build-A-Bear Workshop, Inc. (NYSE:BBW) Shares Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC grew its holdings in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 17.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,812 shares of the specialty retailer’s stock after purchasing an additional 871 shares during the period. Nisa Investment Advisors LLC’s holdings in Build-A-Bear Workshop were worth $201,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of BBW. Koss Olinger Consulting LLC raised its position in shares of Build-A-Bear Workshop by 1.3% during the 3rd quarter. Koss Olinger Consulting LLC now owns 20,186 shares of the specialty retailer’s stock worth $694,000 after buying an additional 259 shares in the last quarter. Bleakley Financial Group LLC acquired a new stake in Build-A-Bear Workshop during the third quarter valued at approximately $257,000. Inspire Investing LLC acquired a new position in Build-A-Bear Workshop in the third quarter worth approximately $892,000. Maverick Capital Ltd. acquired a new stake in shares of Build-A-Bear Workshop during the second quarter worth $740,000. Finally, XTX Topco Ltd acquired a new position in shares of Build-A-Bear Workshop in the 2nd quarter valued at $255,000. 79.30% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CAO Eric R. Fencl sold 17,274 shares of the business’s stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $35.05, for a total value of $605,453.70. Following the completion of the sale, the chief accounting officer now directly owns 137,078 shares in the company, valued at approximately $4,804,583.90. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, CAO Eric R. Fencl sold 17,274 shares of the firm’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $35.05, for a total value of $605,453.70. Following the sale, the chief accounting officer now directly owns 137,078 shares of the company’s stock, valued at approximately $4,804,583.90. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director George Carrara sold 2,500 shares of Build-A-Bear Workshop stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $36.27, for a total value of $90,675.00. Following the completion of the transaction, the director now owns 18,421 shares in the company, valued at $668,129.67. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 130,734 shares of company stock valued at $4,510,217. Insiders own 7.90% of the company’s stock.

Analyst Upgrades and Downgrades

BBW has been the topic of a number of recent analyst reports. StockNews.com upgraded shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a report on Wednesday, October 30th. Northland Securities increased their price target on shares of Build-A-Bear Workshop from $36.00 to $38.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th.

Build-A-Bear Workshop Trading Up 1.4 %

BBW opened at $38.31 on Thursday. The stock has a market cap of $517.95 million, a price-to-earnings ratio of 10.76 and a beta of 1.54. Build-A-Bear Workshop, Inc. has a 1 year low of $21.24 and a 1 year high of $40.13. The stock has a fifty day moving average price of $34.48 and a 200 day moving average price of $29.76.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings data on Thursday, August 29th. The specialty retailer reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.07. The firm had revenue of $111.80 million for the quarter, compared to analyst estimates of $107.90 million. Build-A-Bear Workshop had a net margin of 10.36% and a return on equity of 37.81%. During the same quarter last year, the firm earned $0.57 earnings per share. As a group, sell-side analysts forecast that Build-A-Bear Workshop, Inc. will post 3.72 earnings per share for the current fiscal year.

Build-A-Bear Workshop announced that its Board of Directors has approved a share buyback program on Wednesday, September 11th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the specialty retailer to buy up to 23.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

Build-A-Bear Workshop Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.20 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.80 annualized dividend and a dividend yield of 2.09%. Build-A-Bear Workshop’s dividend payout ratio (DPR) is presently 22.47%.

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.