Uniplan Investment Counsel Inc. Has $4.33 Million Stock Holdings in Build-A-Bear Workshop, Inc. $BBW

Key Points

• Uniplan Investment Counsel Inc. has increased its stake in Build-A-Bear Workshop by 28.4%, owning 116,599 shares valued at about $4.33 million as of the latest reporting period.
• Multiple analysts have upgraded their price targets for Build-A-Bear Workshop, with Piper Sandler raising it from $35 to $39 and Northland Securities from $60 to $80.
• The company reported a strong quarterly earnings performance with an EPS of $0.94, surpassing analyst expectations and generating $124.25 million in revenue.

Uniplan Investment Counsel Inc. increased its position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 28.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 116,599 shares of the specialty retailer's stock after acquiring an additional 25,782 shares during the period. Uniplan Investment Counsel Inc. owned about 0.88% of Build-A-Bear Workshop worth $4,334,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Quarry LP acquired a new stake in shares of Build-A-Bear Workshop during the first quarter valued at about $28,000. AlphaQuest LLC raised its holdings in Build-A-Bear Workshop by 106.1% in the 1st quarter. AlphaQuest LLC now owns 814 shares of the specialty retailer's stock valued at $30,000 after buying an additional 419 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in Build-A-Bear Workshop by 494.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,689 shares of the specialty retailer's stock worth $78,000 after buying an additional 1,405 shares during the period. GAMMA Investing LLC boosted its position in 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 worth $166,000 after buying an additional 4,331 shares during the period. Finally, The Manufacturers Life Insurance Company bought a new stake in Build-A-Bear Workshop during the 4th quarter worth approximately $207,000. 79.30% of the stock is currently owned by institutional investors.

Build-A-Bear Workshop Trading Down 0.1%

BBW stock traded down $0.10 during midday trading on Friday, hitting $74.49. The stock had a trading volume of 203,330 shares, compared to its average volume of 287,478. The firm has a market cap of $983.95 million, a P/E ratio of 16.70 and a beta of 0.72. The business has a fifty day moving average price of $55.72 and a two-hundred day moving average price of $46.40. Build-A-Bear Workshop, Inc. has a 1-year low of $30.47 and a 1-year high of $75.24.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its quarterly earnings data 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. Build-A-Bear Workshop had a return on equity of 42.37% and a net margin of 11.34%.The firm had revenue of $124.25 million during the quarter, compared to analyst estimates of $116.19 million. During the same period last year, the company posted $0.64 EPS. On average, equities analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on BBW. 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 note on Thursday, May 15th. Northland Securities raised their target price on Build-A-Bear Workshop from $60.00 to $80.00 and gave the stock an "outperform" rating in a research report on Friday, August 29th. Zacks Research raised Build-A-Bear Workshop from a "hold" rating to a "strong-buy" rating in a report on Friday, August 29th. DA Davidson upped their price target on Build-A-Bear Workshop from $64.00 to $85.00 and gave the company a "buy" rating in a research report on Friday, August 29th. Finally, Wall Street Zen downgraded Build-A-Bear Workshop from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 23rd. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $68.00.

Insider Buying and Selling at Build-A-Bear Workshop

In other news, Director Lesli Rotenberg sold 1,755 shares of Build-A-Bear Workshop stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $53.52, for a total value of $93,927.60. Following the completion of the sale, the director owned 11,825 shares in the company, valued at $632,874. The trade was a 12.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 5.80% of the stock is owned by corporate insiders.

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.