Segall Bryant & Hamill LLC Purchases 1,409 Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW)

Segall Bryant & Hamill LLC grew its position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 1.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,581 shares of the specialty retailer’s stock after acquiring an additional 1,409 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.73% of Build-A-Bear Workshop worth $3,388,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Koss Olinger Consulting LLC increased its holdings in shares of Build-A-Bear Workshop by 1.3% during the third quarter. Koss Olinger Consulting LLC now owns 20,186 shares of the specialty retailer’s stock valued at $694,000 after acquiring an additional 259 shares in the last quarter. OneDigital Investment Advisors LLC raised its position in Build-A-Bear Workshop by 1.9% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 22,397 shares of the specialty retailer’s stock valued at $770,000 after buying an additional 408 shares during the last quarter. SummerHaven Investment Management LLC lifted its stake in Build-A-Bear Workshop by 1.4% during the 2nd quarter. SummerHaven Investment Management LLC now owns 34,467 shares of the specialty retailer’s stock valued at $871,000 after acquiring an additional 469 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in Build-A-Bear Workshop by 3.3% during the 3rd quarter. Janney Montgomery Scott LLC now owns 23,483 shares of the specialty retailer’s stock worth $807,000 after acquiring an additional 754 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its stake in shares of Build-A-Bear Workshop by 17.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 5,812 shares of the specialty retailer’s stock worth $201,000 after acquiring an additional 871 shares in the last quarter. Institutional investors own 79.30% of the company’s stock.

Insider Buying and Selling at Build-A-Bear Workshop

In related news, CAO Eric R. Fencl sold 17,274 shares of the business’s stock in a transaction on Monday, October 7th. The stock was sold at an average price of $35.05, for a total transaction of $605,453.70. Following the sale, the chief accounting officer now directly owns 137,078 shares in the company, valued at approximately $4,804,583.90. The trade was a 11.19 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sharon Price John sold 50,000 shares of the business’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $33.32, for a total value of $1,666,000.00. Following the sale, the chief executive officer now owns 465,004 shares in the company, valued at approximately $15,493,933.28. The trade was a 9.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 130,734 shares of company stock worth $4,510,217 over the last ninety days. 7.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

BBW has been the topic of a number of recent analyst reports. StockNews.com lowered shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th. Northland Securities lifted their target price on shares of Build-A-Bear Workshop from $36.00 to $38.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th.

Build-A-Bear Workshop Price Performance

NYSE BBW opened at $38.19 on Friday. The stock has a market capitalization of $516.33 million, a price-to-earnings ratio of 10.73 and a beta of 1.54. The business’s fifty day moving average is $35.59 and its 200-day moving average is $30.32. Build-A-Bear Workshop, Inc. has a one year low of $21.24 and a one year high of $40.13.

Build-A-Bear Workshop (NYSE:BBW) last released its earnings results on Thursday, August 29th. The specialty retailer reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.07. The firm had revenue of $111.80 million for the quarter, compared to analysts’ expectations of $107.90 million. Build-A-Bear Workshop had a net margin of 10.36% and a return on equity of 37.81%. During the same period in the previous year, the company earned $0.57 earnings per share. Research analysts expect that Build-A-Bear Workshop, Inc. will post 3.72 EPS for the current fiscal year.

Build-A-Bear Workshop announced that its board has authorized a stock repurchase plan on Wednesday, September 11th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the specialty retailer to reacquire up to 23.2% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Build-A-Bear Workshop Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Wednesday, November 27th will be paid a $0.20 dividend. The ex-dividend date is Wednesday, November 27th. This represents a $0.80 annualized dividend and a dividend yield of 2.09%. Build-A-Bear Workshop’s payout ratio is presently 22.47%.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.