Hillsdale Investment Management Inc. Decreases Stake in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Hillsdale Investment Management Inc. cut its holdings in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 18.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 164,526 shares of the specialty retailer's stock after selling 36,500 shares during the quarter. Hillsdale Investment Management Inc. owned approximately 1.15% of Build-A-Bear Workshop worth $3,782,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Allspring Global Investments Holdings LLC boosted its position in shares of Build-A-Bear Workshop by 101.6% in the third quarter. Allspring Global Investments Holdings LLC now owns 5,755 shares of the specialty retailer's stock worth $169,000 after acquiring an additional 2,900 shares during the last quarter. Watershed Asset Management L.L.C. boosted its position in shares of Build-A-Bear Workshop by 19.6% in the fourth quarter. Watershed Asset Management L.L.C. now owns 11,918 shares of the specialty retailer's stock worth $274,000 after acquiring an additional 1,953 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of Build-A-Bear Workshop by 7.7% in the fourth quarter. BNP Paribas Financial Markets now owns 15,138 shares of the specialty retailer's stock worth $348,000 after acquiring an additional 1,083 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Build-A-Bear Workshop by 17.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 20,020 shares of the specialty retailer's stock worth $460,000 after acquiring an additional 2,929 shares during the last quarter. Finally, Cornercap Investment Counsel Inc. boosted its position in shares of Build-A-Bear Workshop by 35.9% in the fourth quarter. Cornercap Investment Counsel Inc. now owns 22,848 shares of the specialty retailer's stock worth $525,000 after acquiring an additional 6,039 shares during the last quarter. 79.30% of the stock is currently owned by institutional investors and hedge funds.

Build-A-Bear Workshop Trading Down 1.6 %

BBW traded down $0.48 during trading on Monday, hitting $29.64. 108,047 shares of the company's stock were exchanged, compared to its average volume of 206,612. The firm has a market cap of $418.22 million, a P/E ratio of 8.12 and a beta of 1.70. The stock has a 50 day moving average price of $28.90 and a 200 day moving average price of $25.43. Build-A-Bear Workshop, Inc. has a 1 year low of $17.85 and a 1 year high of $30.86.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its quarterly earnings results on Thursday, March 14th. The specialty retailer reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.02. The firm had revenue of $149.28 million for the quarter, compared to analysts' expectations of $150.02 million. Build-A-Bear Workshop had a net margin of 10.86% and a return on equity of 43.26%. Analysts forecast that Build-A-Bear Workshop, Inc. will post 3.57 earnings per share for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.70%. Build-A-Bear Workshop's dividend payout ratio (DPR) is 21.92%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. StockNews.com cut shares of Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a research report on Friday, January 26th. DA Davidson reaffirmed a "buy" rating and set a $40.00 price target on shares of Build-A-Bear Workshop in a research report on Friday, March 15th.

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.