Vanguard Group Inc. Sells 52,117 Shares of Build-A-Bear Workshop, Inc. $BBW

Vanguard Group Inc. cut its holdings in Build-A-Bear Workshop, Inc. (NYSE:BBW) by 5.4% during the third quarter, Holdings Channel reports. The firm owned 920,241 shares of the specialty retailer’s stock after selling 52,117 shares during the quarter. Vanguard Group Inc. owned approximately 0.07% of Build-A-Bear Workshop worth $60,009,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC grew its holdings in Build-A-Bear Workshop by 10.3% during the 1st quarter. AQR Capital Management LLC now owns 37,339 shares of the specialty retailer’s stock valued at $1,388,000 after buying an additional 3,490 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Build-A-Bear Workshop by 6.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,533 shares of the specialty retailer’s stock worth $280,000 after buying an additional 456 shares in the last quarter. Jones Financial Companies Lllp purchased a new position in shares of Build-A-Bear Workshop in the first quarter worth $199,000. Caxton Associates LLP bought a new position in shares of Build-A-Bear Workshop during the first quarter worth $267,000. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Build-A-Bear Workshop during the second quarter worth $555,000. 79.30% of the stock is currently owned by institutional investors.

Build-A-Bear Workshop Stock Performance

Shares of BBW opened at $42.34 on Friday. The stock has a market capitalization of $548.30 million, a PE ratio of 9.73 and a beta of 1.08. The company’s fifty day moving average is $57.79 and its 200 day moving average is $58.05. Build-A-Bear Workshop, Inc. has a fifty-two week low of $32.55 and a fifty-two week high of $75.85.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings data on Thursday, December 4th. The specialty retailer reported $0.62 EPS for the quarter, beating the consensus estimate of $0.55 by $0.07. Build-A-Bear Workshop had a net margin of 10.93% and a return on equity of 38.43%. The business had revenue of $122.68 million during the quarter, compared to analyst estimates of $124.28 million. During the same quarter last year, the business earned $0.73 earnings per share. As a group, research analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. DA Davidson reduced their price target on shares of Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating on the stock in a report on Friday, December 5th. Wall Street Zen downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. CJS Securities began coverage on Build-A-Bear Workshop in a research report on Wednesday, December 10th. They set a “market outperform” rating and a $70.00 price objective for the company. Zacks Research raised Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a report on Tuesday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Build-A-Bear Workshop in a research report on Tuesday, December 23rd. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $64.75.

Build-A-Bear Workshop Profile

Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.

Founded in 1997 by Maxine Clark and headquartered in St.