Short Interest in Build-A-Bear Workshop, Inc. (NYSE:BBW) Drops By 9.0%

Build-A-Bear Workshop, Inc. (NYSE:BBW - Get Free Report) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totalling 1,610,000 shares, a decline of 9.0% from the March 31st total of 1,770,000 shares. Currently, 12.7% of the shares of the stock are short sold. Based on an average trading volume of 210,900 shares, the short-interest ratio is currently 7.6 days.

Build-A-Bear Workshop Stock Up 2.1 %

Shares of Build-A-Bear Workshop stock traded up $0.64 during midday trading on Monday, hitting $30.43. The company had a trading volume of 173,881 shares, compared to its average volume of 213,689. The stock has a market cap of $425.34 million, a price-to-earnings ratio of 8.34 and a beta of 1.68. Build-A-Bear Workshop has a 12-month low of $17.85 and a 12-month high of $30.63. The company has a fifty day simple moving average of $27.15 and a 200 day simple moving average of $25.01.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its quarterly earnings results on Thursday, March 14th. The specialty retailer reported $1.34 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.02. Build-A-Bear Workshop had a return on equity of 43.26% and a net margin of 10.86%. The company had revenue of $149.28 million during the quarter, compared to analysts' expectations of $150.02 million. As a group, analysts expect that Build-A-Bear Workshop will post 3.57 EPS for the current year.

Build-A-Bear Workshop Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.63%. The ex-dividend date was Wednesday, March 27th. Build-A-Bear Workshop's dividend payout ratio is currently 21.92%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Wellington Management Group LLP boosted its stake in Build-A-Bear Workshop by 59.4% during the 3rd quarter. Wellington Management Group LLP now owns 198,629 shares of the specialty retailer's stock worth $5,842,000 after purchasing an additional 74,029 shares during the last quarter. Qube Research & Technologies Ltd raised its holdings in Build-A-Bear Workshop by 49.3% in the 3rd quarter. Qube Research & Technologies Ltd now owns 174,730 shares of the specialty retailer's stock valued at $5,139,000 after acquiring an additional 57,708 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its stake in Build-A-Bear Workshop by 164.9% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 80,701 shares of the specialty retailer's stock worth $2,373,000 after purchasing an additional 50,235 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of Build-A-Bear Workshop during the 3rd quarter worth approximately $503,000. Finally, Brandywine Global Investment Management LLC purchased a new stake in shares of Build-A-Bear Workshop in the third quarter valued at approximately $1,044,000. Institutional investors and hedge funds own 79.30% of the company's stock.

Analyst Ratings Changes

BBW has been the topic of several analyst reports. StockNews.com cut Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a research note on Friday, January 26th. DA Davidson reaffirmed a "buy" rating and issued a $40.00 price objective on shares of Build-A-Bear Workshop in a research report on Friday, March 15th.

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.

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