Build-A-Bear Workshop, Inc. (NYSE:BBW) Shares Purchased by Foundry Partners LLC

Foundry Partners LLC grew its holdings in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 138.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 115,885 shares of the specialty retailer's stock after purchasing an additional 67,205 shares during the quarter. Foundry Partners LLC owned about 0.88% of Build-A-Bear Workshop worth $4,307,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of BBW. Tower Research Capital LLC TRC increased its position in 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 worth $78,000 after purchasing an additional 1,405 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Build-A-Bear Workshop by 3,357.4% during the 1st quarter. GAMMA Investing LLC now owns 4,460 shares of the specialty retailer's stock valued at $166,000 after buying an additional 4,331 shares in the last quarter. Legal & General Group Plc raised its stake in 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 purchasing an additional 783 shares during the last quarter. Intech Investment Management LLC purchased a new position in shares of Build-A-Bear Workshop during the 4th quarter worth $200,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in shares of Build-A-Bear Workshop during the 4th quarter worth about $207,000. Hedge funds and other institutional investors own 79.30% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on BBW. DA Davidson increased their target price on Build-A-Bear Workshop from $50.00 to $60.00 and gave the stock a "buy" rating in a report on Friday, May 30th. Piper Sandler upped their price objective on 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. Finally, Wall Street Zen upgraded shares of Build-A-Bear Workshop from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 5th.

Insiders Place Their Bets

In other Build-A-Bear Workshop news, CEO Sharon Price John sold 31,250 shares of Build-A-Bear Workshop stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $45.73, for a total value of $1,429,062.50. Following the completion of the transaction, the chief executive officer directly owned 291,305 shares of the company's stock, valued at $13,321,377.65. The trade was a 9.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Craig Leavitt sold 8,250 shares of Build-A-Bear Workshop stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $50.21, for a total value of $414,232.50. Following the transaction, the director owned 72,392 shares of the company's stock, valued at $3,634,802.32. This trade represents a 10.23% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 48,248 shares of company stock valued at $2,276,383 in the last three months. Insiders own 5.80% of the company's stock.

Build-A-Bear Workshop Stock Performance

Build-A-Bear Workshop stock traded up $0.89 during midday trading on Wednesday, reaching $54.87. The company's stock had a trading volume of 59,318 shares, compared to its average volume of 274,524. The firm has a market capitalization of $724.83 million, a PE ratio of 13.19 and a beta of 0.70. Build-A-Bear Workshop, Inc. has a fifty-two week low of $23.63 and a fifty-two week high of $55.57. The stock's 50 day simple moving average is $49.09 and its 200 day simple moving average is $42.20.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The specialty retailer reported $1.17 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $128.40 million for the quarter, compared to analyst estimates of $118.90 million. During the same period in the previous year, the company posted $0.82 EPS. Equities analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 10th. Investors of record on Thursday, June 26th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.60%. Build-A-Bear Workshop's dividend payout ratio (DPR) is presently 21.15%.

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.