ExodusPoint Capital Management LP Invests $455,000 in Build-A-Bear Workshop, Inc. (NYSE:BBW)

ExodusPoint Capital Management LP bought a new position in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 9,887 shares of the specialty retailer's stock, valued at approximately $455,000. ExodusPoint Capital Management LP owned 0.07% of Build-A-Bear Workshop as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. USA Financial Formulas purchased a new stake in Build-A-Bear Workshop in the 4th quarter valued at about $27,000. New York State Teachers Retirement System purchased a new position in shares of Build-A-Bear Workshop in the 4th quarter worth about $53,000. Fortitude Family Office LLC lifted its position in 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 buying an additional 376 shares in the last quarter. Intech Investment Management LLC purchased a new position in Build-A-Bear Workshop in the fourth quarter valued at about $200,000. Finally, Ballentine Partners LLC acquired a new stake in shares of Build-A-Bear Workshop in the fourth quarter valued at about $233,000. Hedge funds and other institutional investors own 79.30% of the company's stock.

Build-A-Bear Workshop Stock Performance

Shares of NYSE:BBW traded up $0.64 during midday trading on Friday, hitting $37.05. 406,046 shares of the stock were exchanged, compared to its average volume of 262,619. The business's fifty day simple moving average is $37.98 and its two-hundred day simple moving average is $39.16. Build-A-Bear Workshop, Inc. has a 52-week low of $23.63 and a 52-week high of $48.23. The company has a market capitalization of $497.94 million, a PE ratio of 9.85 and a beta of 1.04.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last released its quarterly earnings results on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.52 by $0.07. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. The company had revenue of $150.45 million during the quarter, compared to analysts' expectations of $147.53 million. As a group, equities analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 EPS 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 given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.38%. 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. Build-A-Bear Workshop's dividend payout ratio is 23.10%.

Insider Activity

In other Build-A-Bear Workshop news, CFO Vojin Todorovic sold 5,000 shares of Build-A-Bear Workshop stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $40.08, for a total transaction of $200,400.00. Following the transaction, the chief financial officer now directly owns 70,695 shares in the company, valued at approximately $2,833,455.60. The trade was a 6.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider J. Christopher Hurt sold 6,210 shares of the firm's stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $39.91, for a total value of $247,841.10. Following the sale, the insider now directly owns 43,176 shares in the company, valued at approximately $1,723,154.16. This represents a 12.57 % decrease in their position. The disclosure for this sale can be found here. 7.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

BBW has been the subject of several research reports. DA Davidson restated a "buy" rating and set a $50.00 price objective on shares of Build-A-Bear Workshop in a research report on Friday, March 14th. StockNews.com lowered Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a research note on Friday, March 21st.

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.