Build-A-Bear Workshop, Inc. (NYSE:BBW) Shares Sold by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. trimmed its position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 28.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,325 shares of the specialty retailer's stock after selling 22,055 shares during the period. D. E. Shaw & Co. Inc. owned 0.42% of Build-A-Bear Workshop worth $2,593,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. New York State Teachers Retirement System bought a new stake in shares of Build-A-Bear Workshop in the 4th quarter worth approximately $53,000. Tower Research Capital LLC TRC lifted its position in shares of Build-A-Bear Workshop by 494.7% in the 4th 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. Legal & General Group Plc lifted its position in shares of Build-A-Bear Workshop by 26.0% in the 4th quarter. Legal & General Group Plc now owns 3,793 shares of the specialty retailer's stock valued at $175,000 after acquiring an additional 783 shares in the last quarter. Intech Investment Management LLC purchased a new stake in shares of Build-A-Bear Workshop in the 4th quarter valued at approximately $200,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of Build-A-Bear Workshop in the 4th quarter valued at approximately $207,000. 79.30% of the stock is owned by institutional investors and hedge funds.

Build-A-Bear Workshop Stock Performance

Build-A-Bear Workshop stock opened at $41.63 on Tuesday. The firm's 50 day moving average price is $37.13 and its two-hundred day moving average price is $39.33. Build-A-Bear Workshop, Inc. has a twelve month low of $23.63 and a twelve month high of $48.23. The firm has a market cap of $549.77 million, a PE ratio of 11.07 and a beta of 0.54.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last announced its quarterly earnings results on Thursday, March 13th. The specialty retailer reported $1.59 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $147.53 million. Equities analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th were paid a dividend of $0.22 per share. This is a positive change from Build-A-Bear Workshop's previous quarterly dividend of $0.20. The ex-dividend date was Thursday, March 27th. This represents a $0.88 annualized dividend and a dividend yield of 2.11%. Build-A-Bear Workshop's dividend payout ratio is 23.10%.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. StockNews.com downgraded shares of Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a research report on Friday, March 21st. DA Davidson upgraded shares of Build-A-Bear Workshop to a "strong-buy" rating in a research report on Thursday, May 15th. Finally, Piper Sandler upped their price objective on shares of Build-A-Bear Workshop from $35.00 to $39.00 and gave the company an "overweight" rating in a research note on Thursday, May 15th.

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.

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