Banque Cantonale Vaudoise Invests $306,000 in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Banque Cantonale Vaudoise acquired a new stake in Build-A-Bear Workshop, Inc. (NYSE:BBW) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 8,893 shares of the specialty retailer’s stock, valued at approximately $306,000. Banque Cantonale Vaudoise owned 0.07% of Build-A-Bear Workshop at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of BBW. Koss Olinger Consulting LLC grew its position in Build-A-Bear Workshop by 1.3% in the 3rd quarter. Koss Olinger Consulting LLC now owns 20,186 shares of the specialty retailer’s stock valued at $694,000 after acquiring an additional 259 shares in the last quarter. OneDigital Investment Advisors LLC grew its holdings in shares of Build-A-Bear Workshop by 1.9% in the third quarter. OneDigital Investment Advisors LLC now owns 22,397 shares of the specialty retailer’s stock valued at $770,000 after purchasing an additional 408 shares in the last quarter. SummerHaven Investment Management LLC increased its stake in Build-A-Bear Workshop by 1.4% during the 2nd quarter. SummerHaven Investment Management LLC now owns 34,467 shares of the specialty retailer’s stock worth $871,000 after buying an additional 469 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Build-A-Bear Workshop by 3.3% during the 3rd quarter. Janney Montgomery Scott LLC now owns 23,483 shares of the specialty retailer’s stock worth $807,000 after buying an additional 754 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in Build-A-Bear Workshop by 17.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 5,812 shares of the specialty retailer’s stock valued at $201,000 after buying an additional 871 shares during the period. Institutional investors and hedge funds own 79.30% of the company’s stock.

Build-A-Bear Workshop Stock Up 1.2 %

Shares of BBW stock opened at $36.70 on Friday. Build-A-Bear Workshop, Inc. has a fifty-two week low of $21.24 and a fifty-two week high of $40.13. The stock has a market cap of $496.18 million, a P/E ratio of 10.31 and a beta of 1.54. The business has a fifty day simple moving average of $35.59 and a 200-day simple moving average of $30.32.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings data on Thursday, August 29th. The specialty retailer reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.07. Build-A-Bear Workshop had a net margin of 10.36% and a return on equity of 37.81%. The business had revenue of $111.80 million during the quarter, compared to analyst estimates of $107.90 million. During the same quarter in the previous year, the business posted $0.57 earnings per share. On average, sell-side analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.72 earnings per share for the current year.

Build-A-Bear Workshop Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Wednesday, November 27th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.18%. The ex-dividend date of this dividend is Wednesday, November 27th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is 22.47%.

Build-A-Bear Workshop declared that its Board of Directors has approved a share buyback program on Wednesday, September 11th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the specialty retailer to repurchase up to 23.2% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

BBW has been the topic of several analyst reports. Northland Securities increased their price objective on Build-A-Bear Workshop from $36.00 to $38.00 and gave the company an “outperform” rating in a research note on Friday, August 30th. StockNews.com cut shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Thursday, November 7th.

Insider Buying and Selling

In related news, Director George Carrara sold 2,500 shares of Build-A-Bear Workshop stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $36.27, for a total transaction of $90,675.00. Following the sale, the director now owns 18,421 shares of the company’s stock, valued at $668,129.67. The trade was a 11.95 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Eric R. Fencl sold 17,274 shares of the company’s stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $35.05, for a total value of $605,453.70. Following the completion of the transaction, the chief accounting officer now directly owns 137,078 shares in the company, valued at approximately $4,804,583.90. The trade was a 11.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 130,734 shares of company stock valued at $4,510,217. Insiders own 7.90% of the company’s stock.

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.