Inspire Investing LLC Makes New $775,000 Investment in Build-A-Bear Workshop, Inc. $BBW

Key Points

• Inspire Investing LLC acquired 20,844 shares of Build-A-Bear Workshop, valued at approximately $775,000, increasing its stake to about 0.16% of the company.
• Build-A-Bear Workshop reported $0.94 EPS for the last quarter, exceeding expectations of $0.67, along with a revenue of $124.25 million which also surpassed estimates.
• The company announced a quarterly dividend of $0.22 per share, with an annualized yield of 1.2%, to be paid on October 9th to shareholders of record.

Inspire Investing LLC acquired a new position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 20,844 shares of the specialty retailer's stock, valued at approximately $775,000. Inspire Investing LLC owned about 0.16% of Build-A-Bear Workshop at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Rhumbline Advisers grew its stake in shares of Build-A-Bear Workshop by 6.0% during the first quarter. Rhumbline Advisers now owns 18,236 shares of the specialty retailer's stock valued at $678,000 after buying an additional 1,025 shares during the last quarter. Acadian Asset Management LLC grew its stake in shares of Build-A-Bear Workshop by 61.9% during the first quarter. Acadian Asset Management LLC now owns 119,046 shares of the specialty retailer's stock valued at $4,423,000 after buying an additional 45,498 shares during the last quarter. Caxton Associates LLP bought a new position in shares of Build-A-Bear Workshop during the first quarter valued at approximately $267,000. Jones Financial Companies Lllp bought a new position in shares of Build-A-Bear Workshop during the first quarter valued at approximately $199,000. Finally, Uniplan Investment Counsel Inc. grew its stake in shares of Build-A-Bear Workshop by 28.4% during the first quarter. Uniplan Investment Counsel Inc. now owns 116,599 shares of the specialty retailer's stock valued at $4,334,000 after buying an additional 25,782 shares during the last quarter. Institutional investors own 79.30% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Northland Securities upped their target price on Build-A-Bear Workshop from $60.00 to $80.00 and gave the company an "outperform" rating in a research note on Friday, August 29th. DA Davidson upped their target price on Build-A-Bear Workshop from $64.00 to $85.00 and gave the company a "buy" rating in a research note on Friday, August 29th. Zacks Research raised Build-A-Bear Workshop from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 29th. Finally, Wall Street Zen cut Build-A-Bear Workshop from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 23rd. One research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $68.00.

Build-A-Bear Workshop Stock Performance

Shares of NYSE BBW traded up $0.38 during mid-day trading on Thursday, hitting $72.03. The stock had a trading volume of 91,243 shares, compared to its average volume of 290,948. The company has a 50 day moving average of $57.51 and a two-hundred day moving average of $47.32. Build-A-Bear Workshop, Inc. has a twelve month low of $30.72 and a twelve month high of $75.85. The firm has a market cap of $945.71 million, a PE ratio of 16.16 and a beta of 0.72.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last released its earnings results on Thursday, August 28th. The specialty retailer reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.27. Build-A-Bear Workshop had a return on equity of 41.14% and a net margin of 11.34%.The firm had revenue of $124.25 million for the quarter, compared to the consensus estimate of $116.19 million. During the same period in the prior year, the firm earned $0.64 EPS. Equities research analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Thursday, September 25th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, September 25th. Build-A-Bear Workshop's dividend payout ratio (DPR) is currently 19.73%.

Insiders Place Their Bets

In other Build-A-Bear Workshop news, Director Lesli Rotenberg sold 1,755 shares of the stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $53.52, for a total transaction of $93,927.60. Following the sale, the director directly owned 11,825 shares of the company's stock, valued at approximately $632,874. This trade represents a 12.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 5.80% of the company's stock.

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.