SG Americas Securities LLC Takes $378,000 Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

SG Americas Securities LLC purchased a new position in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,158 shares of the specialty retailer's stock, valued at approximately $378,000. SG Americas Securities LLC owned about 0.08% of Build-A-Bear Workshop at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BBW. Brandywine Global Investment Management LLC lifted its holdings in shares of Build-A-Bear Workshop by 0.7% during the 4th 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 period. Price T Rowe Associates Inc. MD boosted its holdings in shares of Build-A-Bear Workshop by 7.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 11,242 shares of the specialty retailer's stock valued at $518,000 after purchasing an additional 736 shares during the last quarter. BOKF NA increased its holdings in shares of Build-A-Bear Workshop by 5.8% during the 4th quarter. BOKF NA now owns 13,709 shares of the specialty retailer's stock worth $575,000 after buying an additional 747 shares during the last quarter. Legal & General Group Plc boosted its holdings in Build-A-Bear Workshop by 26.0% in the fourth 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 during the last quarter. Finally, Rhumbline Advisers grew its position in 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 acquiring an additional 1,025 shares during the period. Hedge funds and other institutional investors own 79.30% of the company's stock.

Build-A-Bear Workshop Stock Performance

Shares of BBW stock traded up $0.10 on Wednesday, hitting $52.50. The stock had a trading volume of 186,829 shares, compared to its average volume of 274,423. Build-A-Bear Workshop, Inc. has a 52-week low of $23.63 and a 52-week high of $55.57. The firm has a market capitalization of $693.47 million, a price-to-earnings ratio of 12.62 and a beta of 0.72. The stock's 50 day moving average is $42.70 and its 200-day moving average is $41.08.

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

Build-A-Bear Workshop Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 26th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.68%. The ex-dividend date is Thursday, June 26th. Build-A-Bear Workshop's dividend payout ratio (DPR) is currently 21.15%.

Insider Transactions at Build-A-Bear Workshop

In other news, Director Craig Leavitt sold 8,250 shares of the business's stock in a transaction that occurred on Thursday, June 12th. The stock was 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 directly owns 72,392 shares in the company, valued at approximately $3,634,802.32. The trade was a 10.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sharon Price John sold 31,250 shares of the firm's 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 transaction, the chief executive officer now owns 291,305 shares in the company, valued at $13,321,377.65. This trade represents a 9.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 46,493 shares of company stock valued at $2,182,456. 5.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

BBW has been the topic of several research reports. Wall Street Zen upgraded shares of Build-A-Bear Workshop from a "hold" rating to a "buy" rating in a report on Sunday, June 15th. Piper Sandler increased their price target on Build-A-Bear Workshop from $35.00 to $39.00 and gave the company an "overweight" rating in a report on Thursday, May 15th. Finally, DA Davidson upped their target price 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.

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.