CWA Asset Management Group LLC Boosts Stock Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

CWA Asset Management Group LLC lifted its position in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 43.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,836 shares of the specialty retailer's stock after acquiring an additional 7,467 shares during the period. CWA Asset Management Group LLC owned 0.18% of Build-A-Bear Workshop worth $923,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Brandywine Global Investment Management LLC boosted its stake in shares of Build-A-Bear Workshop by 0.7% in the fourth quarter. Brandywine Global Investment Management LLC now owns 45,714 shares of the specialty retailer's stock worth $2,105,000 after acquiring an additional 340 shares during the last quarter. SummerHaven Investment Management LLC boosted its stake in shares of Build-A-Bear Workshop by 1.1% in the first quarter. SummerHaven Investment Management LLC now owns 31,861 shares of the specialty retailer's stock worth $1,184,000 after acquiring an additional 340 shares during the last quarter. Ritholtz Wealth Management boosted its stake in shares of Build-A-Bear Workshop by 2.4% in the first quarter. Ritholtz Wealth Management now owns 21,133 shares of the specialty retailer's stock worth $786,000 after acquiring an additional 489 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Build-A-Bear Workshop by 7.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,242 shares of the specialty retailer's stock worth $518,000 after acquiring an additional 736 shares during the last quarter. Finally, BOKF NA boosted its stake in shares of Build-A-Bear Workshop by 5.8% in the fourth quarter. BOKF NA now owns 13,709 shares of the specialty retailer's stock worth $575,000 after acquiring an additional 747 shares during the last quarter. 79.30% of the stock is owned by institutional investors and hedge funds.

Build-A-Bear Workshop Price Performance

Build-A-Bear Workshop stock traded down $0.66 during trading on Monday, reaching $52.19. 208,042 shares of the company were exchanged, compared to its average volume of 274,765. Build-A-Bear Workshop, Inc. has a 52-week low of $23.63 and a 52-week high of $55.57. The company has a market capitalization of $689.43 million, a P/E ratio of 12.55 and a beta of 0.72. The stock's 50 day simple moving average is $42.38 and its two-hundred day simple moving average is $41.00.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its earnings results on Thursday, May 29th. The specialty retailer reported $1.17 EPS for the quarter, beating analysts' consensus estimates of $0.86 by $0.31. Build-A-Bear Workshop had a return on equity of 40.74% and a net margin of 10.91%. The company had revenue of $128.40 million for the quarter, compared to the consensus estimate of $118.90 million. During the same quarter in the previous year, the business earned $0.82 earnings per share. As a group, equities analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 26th will be given a $0.22 dividend. The ex-dividend date of this dividend is Thursday, June 26th. This represents a $0.88 dividend on an annualized basis and a yield of 1.69%. Build-A-Bear Workshop's dividend payout ratio is currently 21.15%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Piper Sandler lifted their price objective on Build-A-Bear Workshop from $35.00 to $39.00 and gave the stock an "overweight" rating in a research report on Thursday, May 15th. Wall Street Zen upgraded Build-A-Bear Workshop from a "hold" rating to a "buy" rating in a research report on Sunday, June 15th. Finally, DA Davidson lifted their price objective on Build-A-Bear Workshop from $50.00 to $60.00 and gave the stock a "buy" rating in a research report on Friday, May 30th.

Insider Buying and Selling at Build-A-Bear Workshop

In related news, CAO Eric R. Fencl sold 6,993 shares of the business's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $48.50, for a total value of $339,160.50. Following the sale, the chief accounting officer now owns 123,318 shares in the company, valued at approximately $5,980,923. The trade was a 5.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Craig Leavitt sold 8,250 shares of the business's stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $50.21, for a total value of $414,232.50. Following the completion of the sale, the director now owns 72,392 shares in the company, valued at $3,634,802.32. This represents a 10.23% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 46,493 shares of company stock worth $2,182,456 over the last quarter. 5.80% of the stock is currently owned by company insiders.

About Build-A-Bear Workshop

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.