Renaissance Technologies LLC Sells 84,002 Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW)

Renaissance Technologies LLC lessened its position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 51.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 79,877 shares of the specialty retailer's stock after selling 84,002 shares during the quarter. Renaissance Technologies LLC owned about 0.59% of Build-A-Bear Workshop worth $3,678,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. State Street Corp raised its position in shares of Build-A-Bear Workshop by 34.3% during the third quarter. State Street Corp now owns 372,168 shares of the specialty retailer's stock worth $12,863,000 after purchasing an additional 94,986 shares during the period. MML Investors Services LLC acquired a new stake in shares of Build-A-Bear Workshop during the third quarter worth about $338,000. Barclays PLC raised its position in shares of Build-A-Bear Workshop by 311.3% during the third quarter. Barclays PLC now owns 18,246 shares of the specialty retailer's stock worth $627,000 after purchasing an additional 13,810 shares during the period. SkyView Investment Advisors LLC raised its position in shares of Build-A-Bear Workshop by 2.4% during the third quarter. SkyView Investment Advisors LLC now owns 31,695 shares of the specialty retailer's stock worth $1,089,000 after purchasing an additional 734 shares during the period. Finally, Franklin Resources Inc. acquired a new stake in shares of Build-A-Bear Workshop during the third quarter worth about $282,000. Institutional investors and hedge funds own 79.30% of the company's stock.

Wall Street Analyst Weigh In

BBW has been the topic of a number of research analyst reports. StockNews.com lowered Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a research report on Friday, March 21st. DA Davidson reiterated a "buy" rating and set a $50.00 price objective on shares of Build-A-Bear Workshop in a report on Friday, March 14th.

Build-A-Bear Workshop Stock Up 0.5 %

Shares of NYSE:BBW traded up $0.17 during mid-day trading on Monday, reaching $34.86. 224,976 shares of the stock were exchanged, compared to its average volume of 267,588. The company has a market cap of $458.20 million, a P/E ratio of 9.27 and a beta of 1.04. Build-A-Bear Workshop, Inc. has a one year low of $23.63 and a one year high of $48.23. The stock's 50 day simple moving average is $37.42 and its 200-day simple moving average is $39.25.

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

Build-A-Bear Workshop Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.52%. The ex-dividend date was Thursday, March 27th. This is an increase from Build-A-Bear Workshop's previous quarterly dividend of $0.20. Build-A-Bear Workshop's dividend payout ratio is presently 23.10%.

About Build-A-Bear Workshop

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.