Buffalo Wild Wings, Inc. (BWLD) Holdings Boosted by Prospector Partners LLC

Prospector Partners LLC raised its holdings in Buffalo Wild Wings, Inc. (NASDAQ:BWLD) by 8.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 78,420 shares of the restaurant operator’s stock after buying an additional 6,310 shares during the quarter. Prospector Partners LLC owned 0.51% of Buffalo Wild Wings worth $8,289,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Alliancebernstein L.P. increased its holdings in shares of Buffalo Wild Wings by 6.6% during the second quarter. Alliancebernstein L.P. now owns 655,269 shares of the restaurant operator’s stock valued at $83,023,000 after acquiring an additional 40,406 shares in the last quarter. Koch Industries Inc. bought a new stake in shares of Buffalo Wild Wings during the second quarter valued at approximately $618,000. Dimensional Fund Advisors LP increased its holdings in shares of Buffalo Wild Wings by 6.0% during the third quarter. Dimensional Fund Advisors LP now owns 485,970 shares of the restaurant operator’s stock valued at $51,367,000 after acquiring an additional 27,330 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of Buffalo Wild Wings by 36.8% during the third quarter. Victory Capital Management Inc. now owns 410,928 shares of the restaurant operator’s stock valued at $43,435,000 after acquiring an additional 110,439 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Buffalo Wild Wings by 1.5% during the third quarter. Bank of New York Mellon Corp now owns 355,668 shares of the restaurant operator’s stock valued at $37,594,000 after acquiring an additional 5,399 shares in the last quarter. 92.51% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director Marcato Capital Management Lp sold 200,094 shares of the company’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $155.54, for a total transaction of $31,122,620.76. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director International Master F. Marcato sold 987,284 shares of the company’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $155.57, for a total value of $153,591,771.88. The disclosure for this sale can be found here. 1.19% of the stock is owned by corporate insiders.

Buffalo Wild Wings, Inc. (NASDAQ:BWLD) opened at $155.85 on Thursday. The stock has a market capitalization of $2,423.47, a price-to-earnings ratio of 36.04, a price-to-earnings-growth ratio of 1.91 and a beta of 0.90. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.70 and a quick ratio of 0.61. Buffalo Wild Wings, Inc. has a 12 month low of $95.00 and a 12 month high of $175.10.

Buffalo Wild Wings (NASDAQ:BWLD) last announced its quarterly earnings data on Wednesday, October 25th. The restaurant operator reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.57. The firm had revenue of $496.70 million during the quarter, compared to the consensus estimate of $500.97 million. Buffalo Wild Wings had a return on equity of 21.39% and a net margin of 3.17%. The business’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.23 EPS. equities research analysts expect that Buffalo Wild Wings, Inc. will post 4.99 earnings per share for the current fiscal year.

Several research firms have recently commented on BWLD. Canaccord Genuity restated a “hold” rating and set a $157.00 price objective on shares of Buffalo Wild Wings in a report on Tuesday, November 28th. BMO Capital Markets set a $157.00 price objective on Buffalo Wild Wings and gave the company a “hold” rating in a report on Wednesday, November 29th. Robert W. Baird set a $157.00 price objective on Buffalo Wild Wings and gave the company a “hold” rating in a report on Tuesday, November 28th. Stifel Nicolaus set a $157.00 price objective on Buffalo Wild Wings and gave the company a “hold” rating in a report on Wednesday, November 29th. Finally, Guggenheim downgraded Buffalo Wild Wings from a “buy” rating to a “neutral” rating in a report on Wednesday, November 29th. Two investment analysts have rated the stock with a sell rating, twenty-three have given a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $144.67.

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Buffalo Wild Wings Company Profile

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

Institutional Ownership by Quarter for Buffalo Wild Wings (NASDAQ:BWLD)

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