Gordian Capital Singapore Pte Ltd Makes New Investment in Build-A-Bear Workshop, Inc. $BBW

Key Points

• Gordian Capital Singapore Pte Ltd made a new investment in Build-A-Bear Workshop, Inc., purchasing 19,684 shares valued at approximately $712,000, which represents about 0.15% ownership of the company.
• Build-A-Bear Workshop reported a quarterly earnings per share of $0.94, exceeding analysts' expectations, with revenues of $124.25 million for the quarter.
• The company declared a quarterly dividend of $0.22, resulting in an annualized dividend yield of 1.3%, with a dividend payout ratio of 21.15%.

Gordian Capital Singapore Pte Ltd purchased a new position in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 19,684 shares of the specialty retailer's stock, valued at approximately $712,000. Gordian Capital Singapore Pte Ltd owned about 0.15% of Build-A-Bear Workshop at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Trexquant Investment LP raised its holdings in shares of Build-A-Bear Workshop by 72.8% in the first quarter. Trexquant Investment LP now owns 51,569 shares of the specialty retailer's stock worth $1,917,000 after buying an additional 21,729 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new stake in shares of Build-A-Bear Workshop in the first quarter worth $3,572,000. AlphaQuest LLC increased its stake in shares of Build-A-Bear Workshop by 106.1% in the first quarter. AlphaQuest LLC now owns 814 shares of the specialty retailer's stock worth $30,000 after acquiring an additional 419 shares during the period. American Century Companies Inc. increased its stake in shares of Build-A-Bear Workshop by 11.8% in the first quarter. American Century Companies Inc. now owns 482,641 shares of the specialty retailer's stock worth $17,940,000 after acquiring an additional 50,933 shares during the period. Finally, Brandywine Global Investment Management LLC increased its stake in shares of Build-A-Bear Workshop by 7.1% in the first quarter. Brandywine Global Investment Management LLC now owns 48,954 shares of the specialty retailer's stock worth $1,820,000 after acquiring an additional 3,240 shares during the period. Hedge funds and other institutional investors own 79.30% of the company's stock.

Build-A-Bear Workshop Stock Up 14.9%

Shares of NYSE BBW opened at $67.28 on Friday. The company's 50-day simple moving average is $53.13 and its 200-day simple moving average is $44.55. Build-A-Bear Workshop, Inc. has a 52-week low of $29.32 and a 52-week high of $70.01. The firm has a market cap of $888.72 million, a price-to-earnings ratio of 16.17 and a beta of 0.70.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its quarterly earnings results on Thursday, August 28th. The specialty retailer reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.27. The firm had revenue of $124.25 million for the quarter, compared to the consensus estimate of $116.19 million. Build-A-Bear Workshop had a net margin of 10.91% and a return on equity of 40.74%. During the same period last year, the firm posted $0.64 earnings per share. Equities research analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Stockholders of record on Thursday, June 26th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, June 26th. Build-A-Bear Workshop's dividend payout ratio (DPR) is currently 21.15%.

Insider Buying and Selling at Build-A-Bear Workshop

In other news, Director Craig Leavitt sold 8,250 shares of the firm's 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 directly owned 72,392 shares of the company's stock, valued at approximately $3,634,802.32. This trade represents a 10.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO Eric R. Fencl sold 6,993 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $48.50, for a total transaction of $339,160.50. Following the completion of the transaction, the chief accounting officer directly owned 123,318 shares in the company, valued at approximately $5,980,923. This represents a 5.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 48,248 shares of company stock valued at $2,276,383. Corporate insiders own 5.80% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on BBW. DA Davidson increased their price objective on shares of Build-A-Bear Workshop from $60.00 to $64.00 and gave the stock a "buy" rating in a research note on Monday, August 4th. Piper Sandler raised their price target on shares of Build-A-Bear Workshop from $35.00 to $39.00 and gave the company an "overweight" rating in a research report on Thursday, May 15th. Finally, Wall Street Zen lowered shares of Build-A-Bear Workshop from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 23rd. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $52.67.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.