Fortitude Family Office LLC Increases Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Fortitude Family Office LLC lifted its position in Build-A-Bear Workshop, Inc. (NYSE:BBW) by 34.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,480 shares of the specialty retailer’s stock after purchasing an additional 376 shares during the period. Fortitude Family Office LLC’s holdings in Build-A-Bear Workshop were worth $68,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of BBW. De Lisle Partners LLP increased its stake in shares of Build-A-Bear Workshop by 25.9% in the third quarter. De Lisle Partners LLP now owns 732,911 shares of the specialty retailer’s stock worth $25,187,000 after purchasing an additional 150,619 shares in the last quarter. State Street Corp increased its stake in shares of Build-A-Bear Workshop by 34.3% in 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 in the last quarter. Maverick Capital Ltd. increased its stake in shares of Build-A-Bear Workshop by 261.3% in the third quarter. Maverick Capital Ltd. now owns 105,847 shares of the specialty retailer’s stock worth $3,638,000 after purchasing an additional 76,551 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Build-A-Bear Workshop by 17.2% in the second quarter. American Century Companies Inc. now owns 320,832 shares of the specialty retailer’s stock worth $8,107,000 after purchasing an additional 47,096 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of Build-A-Bear Workshop by 296.2% in the third quarter. BNP Paribas Financial Markets now owns 46,880 shares of the specialty retailer’s stock worth $1,611,000 after purchasing an additional 35,049 shares in the last quarter. 79.30% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on BBW. Northland Securities increased their price objective on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. StockNews.com upgraded shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a research report on Thursday, December 19th. Finally, DA Davidson upped their target price on shares of Build-A-Bear Workshop from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, December 6th.

Build-A-Bear Workshop Stock Performance

Shares of NYSE:BBW opened at $41.89 on Friday. The firm has a fifty day moving average price of $41.01 and a 200 day moving average price of $33.85. Build-A-Bear Workshop, Inc. has a fifty-two week low of $21.24 and a fifty-two week high of $48.23. The firm has a market cap of $563.00 million, a price-to-earnings ratio of 11.14 and a beta of 1.49.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $0.73 EPS for the quarter, beating the consensus estimate of $0.70 by $0.03. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.40%. During the same quarter last year, the company earned $0.53 earnings per share. As a group, research analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, November 27th were given a dividend of $0.20 per share. The ex-dividend date was Wednesday, November 27th. This represents a $0.80 annualized dividend and a yield of 1.91%. Build-A-Bear Workshop’s dividend payout ratio (DPR) is currently 21.28%.

Insider Buying and Selling at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, Director George Carrara sold 2,500 shares of the 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 completion of the transaction, the director now owns 18,421 shares in the company, valued at $668,129.67. This trade represents a 11.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Eric R. Fencl sold 9,074 shares of the stock in a transaction on Monday, December 9th. The shares were sold at an average price of $40.28, for a total transaction of $365,500.72. Following the transaction, the chief accounting officer now owns 128,004 shares of the company’s stock, valued at $5,156,001.12. This trade represents a 6.62 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 139,368 shares of company stock worth $6,100,345 over the last 90 days. 7.90% of the stock is owned by insiders.

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.