DNB Asset Management AS Takes $1.23 Million Position in Build-A-Bear Workshop, Inc. $BBW

DNB Asset Management AS acquired a new stake in Build-A-Bear Workshop, Inc. (NYSE:BBW) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 20,006 shares of the specialty retailer’s stock, valued at approximately $1,226,000.

Several other hedge funds have also bought and sold shares of BBW. IFP Advisors Inc lifted its position in 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 purchasing an additional 203 shares during the last quarter. Larson Financial Group LLC lifted its position in 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 purchasing an additional 444 shares during the last quarter. Blue Trust Inc. lifted its position in Build-A-Bear Workshop by 163.0% during the fourth quarter. Blue Trust Inc. now owns 668 shares of the specialty retailer’s stock valued at $41,000 after purchasing an additional 414 shares during the last quarter. State of Alaska Department of Revenue bought a new stake in Build-A-Bear Workshop during the third quarter valued at approximately $45,000. Finally, Covestor Ltd lifted its position in Build-A-Bear Workshop by 214.3% during the third quarter. Covestor Ltd now owns 682 shares of the specialty retailer’s stock valued at $45,000 after purchasing an additional 465 shares during the last quarter. 79.30% of the stock is currently owned by institutional investors.

Build-A-Bear Workshop Stock Performance

Shares of BBW opened at $36.46 on Thursday. The firm has a market cap of $458.62 million, a price-to-earnings ratio of 9.14 and a beta of 1.06. Build-A-Bear Workshop, Inc. has a fifty-two week low of $34.08 and a fifty-two week high of $75.85. The firm has a 50 day moving average price of $38.34 and a 200-day moving average price of $49.21.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.27 by ($0.01). The business had revenue of $154.51 million during the quarter, compared to the consensus estimate of $155.71 million. Build-A-Bear Workshop had a return on equity of 34.25% and a net margin of 9.85%. As a group, equities research analysts predict that Build-A-Bear Workshop, Inc. will post 3.86 earnings per share for the current year.

Build-A-Bear Workshop Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Thursday, March 26th were paid a $0.23 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This is a positive change from Build-A-Bear Workshop’s previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a dividend yield of 2.5%. Build-A-Bear Workshop’s payout ratio is presently 23.06%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on BBW shares. Weiss Ratings lowered shares of Build-A-Bear Workshop from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, April 10th. Zacks Research upgraded shares of Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 3rd. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $73.33.

Build-A-Bear Workshop Company 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.