Build-A-Bear Workshop, Inc. (NYSE:BBW) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its holdings in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 70.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 79,889 shares of the specialty retailer's stock after acquiring an additional 33,009 shares during the period. BNP Paribas Financial Markets owned 0.59% of Build-A-Bear Workshop worth $3,678,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Alta Fox Capital Management LLC acquired a new position in Build-A-Bear Workshop during the 4th quarter valued at about $5,631,000. Invesco Ltd. boosted its stake in shares of Build-A-Bear Workshop by 396.5% in the 4th quarter. Invesco Ltd. now owns 129,801 shares of the specialty retailer's stock worth $5,976,000 after buying an additional 103,656 shares during the last quarter. Marshall Wace LLP raised its holdings in shares of Build-A-Bear Workshop by 269.9% in the 4th quarter. Marshall Wace LLP now owns 137,922 shares of the specialty retailer's stock worth $6,350,000 after purchasing an additional 100,633 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Build-A-Bear Workshop by 77.5% in the 4th quarter. Bank of New York Mellon Corp now owns 180,045 shares of the specialty retailer's stock worth $8,289,000 after purchasing an additional 78,629 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Build-A-Bear Workshop by 26.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 291,990 shares of the specialty retailer's stock worth $13,443,000 after purchasing an additional 61,111 shares during the period. 79.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on BBW. Piper Sandler upped their price target on shares of Build-A-Bear Workshop from $35.00 to $39.00 and gave the stock an "overweight" rating in a report on Thursday, May 15th. StockNews.com lowered shares of Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a research report on Friday, March 21st. Finally, DA Davidson upgraded shares of Build-A-Bear Workshop to a "strong-buy" rating in a research report on Thursday, May 15th.

Build-A-Bear Workshop Trading Up 0.7%

BBW stock traded up $0.31 on Tuesday, hitting $41.92. The company had a trading volume of 7,038 shares, compared to its average volume of 269,960. Build-A-Bear Workshop, Inc. has a 12-month low of $23.63 and a 12-month high of $48.23. The stock's 50-day simple moving average is $37.13 and its 200 day simple moving average is $39.33. The stock has a market cap of $553.60 million, a price-to-earnings ratio of 11.16 and a beta of 0.54.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its quarterly earnings results on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.07. The business had revenue of $150.45 million for the quarter, compared to analysts' expectations 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 forecast 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 declared a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th were issued a $0.22 dividend. This is an increase from Build-A-Bear Workshop's previous quarterly dividend of $0.20. This represents a $0.88 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date was Thursday, March 27th. Build-A-Bear Workshop's payout ratio is currently 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.