339,225 Shares in Build-A-Bear Workshop, Inc. $BBW Purchased by Pillsbury Lake Capital LLC

Pillsbury Lake Capital LLC purchased a new stake in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) during the second quarter, HoldingsChannel.com reports. The firm purchased 339,225 shares of the specialty retailer’s stock, valued at approximately $10,383,677,000. Build-A-Bear Workshop accounts for 2.8% of Pillsbury Lake Capital LLC’s portfolio, making the stock its 18th biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Kestra Advisory Services LLC purchased a new stake in Build-A-Bear Workshop in the 4th quarter worth approximately $28,000. IFP Advisors Inc increased its stake in shares of Build-A-Bear Workshop by 68.1% during the third quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 203 shares during the period. Larson Financial Group LLC increased its stake in shares of Build-A-Bear Workshop by 453.1% during the third quarter. Larson Financial Group LLC now owns 542 shares of the specialty retailer’s stock valued at $35,000 after buying an additional 444 shares during the period. Canada Pension Plan Investment Board bought a new position in shares of Build-A-Bear Workshop during the second quarter valued at approximately $57,000. Finally, State of Wyoming bought a new position in shares of Build-A-Bear Workshop during the second quarter valued at approximately $59,000. Institutional investors own 79.30% of the company’s stock.

Build-A-Bear Workshop Price Performance

Shares of BBW opened at $39.18 on Thursday. The company has a 50-day simple moving average of $34.40 and a two-hundred day simple moving average of $38.24. The firm has a market capitalization of $491.32 million, a PE ratio of 9.18 and a beta of 1.10. Build-A-Bear Workshop, Inc. has a one year low of $29.35 and a one year high of $75.85.

Build-A-Bear Workshop (NYSE:BBW) last posted its earnings results on Thursday, May 28th. The specialty retailer reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.27. Build-A-Bear Workshop had a return on equity of 32.15% and a net margin of 10.48%.The firm had revenue of $125.27 million for the quarter, compared to the consensus estimate of $129.45 million. Analysts expect that Build-A-Bear Workshop, Inc. will post 4.04 EPS for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 25th were given a dividend of $0.23 per share. The ex-dividend date was Thursday, June 25th. This represents a $0.92 annualized dividend and a dividend yield of 2.3%. Build-A-Bear Workshop’s payout ratio is currently 21.55%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on BBW. Weiss Ratings reiterated a “hold (c)” rating on shares of Build-A-Bear Workshop in a report on Monday, August 17th. DA Davidson restated a “buy” rating and issued a $60.00 price objective on shares of Build-A-Bear Workshop in a report on Friday, May 29th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Build-A-Bear Workshop has a consensus rating of “Moderate Buy” and an average target price of $70.00.

Insider Activity at Build-A-Bear Workshop

In related news, Director George Carrara sold 3,000 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $34.52, for a total value of $103,560.00. Following the sale, the director directly owned 11,277 shares of the company’s stock, valued at $389,282.04. This represents a 21.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Sharon Price John sold 6,818 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $40.03, for a total value of $272,924.54. Following the completion of the transaction, the director owned 181,653 shares of the company’s stock, valued at approximately $7,271,569.59. This trade represents a 3.62% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 4.00% of the company’s stock.

About Build-A-Bear Workshop

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.