Paloma Partners Management Co raised its stake in Buffalo Wild Wings (NASDAQ:BWLD) by 90.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,641 shares of the restaurant operator’s stock after buying an additional 4,100 shares during the quarter. Paloma Partners Management Co owned 0.06% of Buffalo Wild Wings worth $1,351,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently added to or reduced their stakes in the business. California State Teachers Retirement System lifted its stake in Buffalo Wild Wings by 59.0% in the fourth quarter. California State Teachers Retirement System now owns 39,410 shares of the restaurant operator’s stock valued at $6,162,000 after buying an additional 14,618 shares during the period. Two Sigma Investments LP increased its holdings in shares of Buffalo Wild Wings by 127.7% in the fourth quarter. Two Sigma Investments LP now owns 1,300 shares of the restaurant operator’s stock worth $203,000 after acquiring an additional 6,000 shares in the last quarter. Stone Ridge Asset Management LLC bought a new stake in shares of Buffalo Wild Wings in the fourth quarter worth about $444,000. Deutsche Bank AG increased its holdings in shares of Buffalo Wild Wings by 679.2% in the fourth quarter. Deutsche Bank AG now owns 656,507 shares of the restaurant operator’s stock worth $102,643,000 after acquiring an additional 572,248 shares in the last quarter. Finally, Jefferies Group LLC increased its holdings in shares of Buffalo Wild Wings by 153.7% in the fourth quarter. Jefferies Group LLC now owns 22,600 shares of the restaurant operator’s stock worth $3,534,000 after acquiring an additional 13,693 shares in the last quarter. 92.32% of the stock is currently owned by hedge funds and other institutional investors.
In other news, Director International Master F. Marcato acquired 950,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 19th. The stock was acquired at an average cost of $156.60 per share, for a total transaction of $148,770,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.19% of the stock is currently owned by company insiders.
Buffalo Wild Wings (BWLD) opened at $156.95 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.61 and a debt-to-equity ratio of 1.60. The stock has a market capitalization of $2,430.00, a PE ratio of 40.87, a P/E/G ratio of 1.72 and a beta of 0.88. Buffalo Wild Wings has a fifty-two week low of $95.00 and a fifty-two week high of $165.70.
BWLD has been the subject of several recent analyst reports. Zacks Investment Research upgraded Buffalo Wild Wings from a “hold” rating to a “buy” rating and set a $176.00 price target for the company in a report on Monday, February 5th. Deutsche Bank downgraded Buffalo Wild Wings from a “buy” rating to a “hold” rating and lowered their price target for the stock from $140.90 to $135.00 in a report on Friday, November 17th. BMO Capital Markets set a $157.00 price target on Buffalo Wild Wings and gave the stock a “hold” rating in a report on Wednesday, November 29th. Stifel Nicolaus set a $157.00 price target on Buffalo Wild Wings and gave the stock a “hold” rating in a report on Wednesday, November 29th. Finally, Mizuho set a $157.00 price target on Buffalo Wild Wings and gave the stock a “hold” rating in a report on Tuesday, November 28th. One investment analyst has rated the stock with a sell rating, twenty-two have issued a hold rating and four have given a buy rating to the company. Buffalo Wild Wings currently has an average rating of “Hold” and an average price target of $146.09.
About Buffalo Wild Wings
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.
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