Alta Fox Capital Management LLC Acquires Shares of 122,300 Build-A-Bear Workshop, Inc. (NYSE:BBW)

Alta Fox Capital Management LLC bought a new position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 122,300 shares of the specialty retailer's stock, valued at approximately $5,631,000. Build-A-Bear Workshop makes up approximately 2.0% of Alta Fox Capital Management LLC's portfolio, making the stock its 11th biggest position. Alta Fox Capital Management LLC owned 0.91% of Build-A-Bear Workshop as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. USA Financial Formulas purchased a new position in Build-A-Bear Workshop during the fourth quarter valued at $27,000. New York State Teachers Retirement System purchased a new stake in Build-A-Bear Workshop during the 4th quarter worth approximately $53,000. Fortitude Family Office LLC raised its holdings in shares of Build-A-Bear Workshop by 34.1% during the fourth quarter. Fortitude Family Office LLC now owns 1,480 shares of the specialty retailer's stock valued at $68,000 after acquiring an additional 376 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in shares of Build-A-Bear Workshop by 494.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,689 shares of the specialty retailer's stock valued at $78,000 after acquiring an additional 1,405 shares in the last quarter. Finally, Legal & General Group Plc boosted its stake in shares of Build-A-Bear Workshop by 26.0% in the fourth quarter. Legal & General Group Plc now owns 3,793 shares of the specialty retailer's stock worth $175,000 after acquiring an additional 783 shares during the last quarter. 79.30% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have weighed in on BBW. StockNews.com lowered Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a report on Friday, March 21st. DA Davidson reiterated a "buy" rating and issued a $50.00 price objective on shares of Build-A-Bear Workshop in a report on Friday, March 14th.

Build-A-Bear Workshop Stock Up 2.4 %

NYSE BBW opened at $36.52 on Friday. The business's fifty day simple moving average is $37.13 and its 200-day simple moving average is $39.19. The firm has a market cap of $480.02 million, a PE ratio of 9.71 and a beta of 1.04. Build-A-Bear Workshop, Inc. has a 52 week low of $23.63 and a 52 week high of $48.23.

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

Build-A-Bear Workshop Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th were paid a dividend of $0.22 per share. This is a boost from Build-A-Bear Workshop's previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.88 annualized dividend and a yield of 2.41%. Build-A-Bear Workshop's dividend payout ratio (DPR) is 23.10%.

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.

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