JPMorgan Chase & Co. Has $1.63 Million Stock Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

JPMorgan Chase & Co. grew its stake in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 41.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,363 shares of the specialty retailer's stock after purchasing an additional 10,428 shares during the period. JPMorgan Chase & Co. owned approximately 0.26% of Build-A-Bear Workshop worth $1,628,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Bank of New York Mellon Corp raised its position in shares of Build-A-Bear Workshop by 77.5% in the fourth quarter. Bank of New York Mellon Corp now owns 180,045 shares of the specialty retailer's stock valued at $8,289,000 after buying an additional 78,629 shares during the last quarter. American Century Companies Inc. boosted its holdings in Build-A-Bear Workshop by 14.7% in the fourth quarter. American Century Companies Inc. now owns 431,708 shares of the specialty retailer's stock valued at $19,876,000 after acquiring an additional 55,328 shares during the last quarter. Kennondale Capital Management LLC purchased a new stake in Build-A-Bear Workshop during the fourth quarter valued at about $2,021,000. Harvest Fund Management Co. Ltd purchased a new position in shares of Build-A-Bear Workshop in the 4th quarter worth about $1,695,000. Finally, CWA Asset Management Group LLC acquired a new position in shares of Build-A-Bear Workshop in the 4th quarter valued at about $800,000. 79.30% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently issued reports on BBW. DA Davidson reissued a "buy" rating and issued a $50.00 price objective on shares of Build-A-Bear Workshop in a research report on Friday, March 14th. StockNews.com lowered shares of Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a research note on Friday, March 21st.

Build-A-Bear Workshop Stock Up 0.8 %

BBW stock traded up $0.30 during trading on Thursday, reaching $35.58. 14,432 shares of the company's stock were exchanged, compared to its average volume of 266,488. The company's fifty day moving average price is $37.26 and its 200-day moving average price is $39.19. The firm has a market cap of $467.65 million, a PE ratio of 9.45 and a beta of 1.04. Build-A-Bear Workshop, Inc. has a 1-year low of $23.63 and a 1-year high of $48.23.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its earnings results on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share for the quarter, topping analysts' consensus estimates of $1.52 by $0.07. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. The firm had revenue of $150.45 million during the quarter, compared to analysts' expectations of $147.53 million. As a group, sell-side analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, March 27th were paid a $0.22 dividend. This is an increase from Build-A-Bear Workshop's previous quarterly dividend of $0.20. This represents a $0.88 annualized dividend and a yield of 2.47%. The ex-dividend date of this dividend was Thursday, March 27th. Build-A-Bear Workshop's dividend payout ratio is currently 23.10%.

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.