Universal Beteiligungs und Servicegesellschaft mbH Purchases New Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 9,300 shares of the specialty retailer's stock, valued at approximately $346,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.07% of Build-A-Bear Workshop as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of BBW. Exchange Traded Concepts LLC bought a new position in Build-A-Bear Workshop in the first quarter worth approximately $250,000. Barclays PLC boosted its position in Build-A-Bear Workshop by 307.5% during the fourth quarter. Barclays PLC now owns 74,355 shares of the specialty retailer's stock valued at $3,422,000 after purchasing an additional 56,109 shares in the last quarter. Foundry Partners LLC raised its holdings in Build-A-Bear Workshop by 138.1% in the first quarter. Foundry Partners LLC now owns 115,885 shares of the specialty retailer's stock worth $4,307,000 after purchasing an additional 67,205 shares in the last quarter. Squarepoint Ops LLC raised its holdings in Build-A-Bear Workshop by 62.7% in the fourth quarter. Squarepoint Ops LLC now owns 18,802 shares of the specialty retailer's stock worth $866,000 after purchasing an additional 7,245 shares in the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in shares of Build-A-Bear Workshop in the 1st quarter valued at about $850,000. Hedge funds and other institutional investors own 79.30% of the company's stock.

Insiders Place Their Bets

In other news, CEO Sharon Price John sold 31,250 shares of the stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $45.73, for a total transaction of $1,429,062.50. Following the transaction, the chief executive officer owned 291,305 shares in the company, valued at $13,321,377.65. This trade represents a 9.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Lesli Rotenberg sold 1,755 shares of the business's 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 $632,874. This represents a 12.92% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 48,248 shares of company stock worth $2,276,383. 5.80% of the stock is owned by company insiders.

Build-A-Bear Workshop Stock Performance

Shares of Build-A-Bear Workshop stock traded down $1.43 during trading on Thursday, hitting $49.85. 75,858 shares of the company's stock were exchanged, compared to its average volume of 270,175. Build-A-Bear Workshop, Inc. has a 52-week low of $24.40 and a 52-week high of $55.56. The stock has a market capitalization of $658.52 million, a price-to-earnings ratio of 12.00 and a beta of 0.70. The business has a 50-day simple moving average of $51.22 and a 200-day simple moving average of $42.93.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its earnings results on Thursday, May 29th. The specialty retailer reported $1.17 EPS for the quarter, topping analysts' consensus estimates 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 the consensus estimate of $118.90 million. During the same quarter in the prior year, the business earned $0.82 earnings per share. On average, equities analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share 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. Investors of record on Thursday, June 26th were issued a $0.22 dividend. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $0.88 dividend on an annualized basis and a yield of 1.8%. Build-A-Bear Workshop's dividend payout ratio is presently 21.15%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on BBW. DA Davidson raised their target price on shares of Build-A-Bear Workshop from $60.00 to $64.00 and gave the company a "buy" rating in a research note on Monday. Piper Sandler upped their target price on 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 raised Build-A-Bear Workshop from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 5th.

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.