Segall Bryant & Hamill LLC Sells 4,273 Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW)

Segall Bryant & Hamill LLC trimmed its holdings in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 94,308 shares of the specialty retailer’s stock after selling 4,273 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Build-A-Bear Workshop were worth $4,342,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in BBW. Fortitude Family Office LLC boosted its stake in shares of Build-A-Bear Workshop by 34.1% during the 4th quarter. Fortitude Family Office LLC now owns 1,480 shares of the specialty retailer’s stock worth $68,000 after acquiring an additional 376 shares during the last quarter. USA Financial Formulas bought a new position in Build-A-Bear Workshop in the 4th quarter worth $27,000. SkyView Investment Advisors LLC lifted its position in Build-A-Bear Workshop by 2.4% during the third quarter. SkyView Investment Advisors LLC now owns 31,695 shares of the specialty retailer’s stock valued at $1,089,000 after purchasing an additional 734 shares in the last quarter. Quarry LP grew its holdings in Build-A-Bear Workshop by 346.6% during the third quarter. Quarry LP now owns 1,295 shares of the specialty retailer’s stock valued at $45,000 after purchasing an additional 1,005 shares during the period. Finally, New York State Teachers Retirement System purchased a new stake in Build-A-Bear Workshop in the fourth quarter worth about $53,000. 79.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on BBW shares. Northland Securities lifted their price objective on Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. StockNews.com downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Friday, March 21st. Finally, DA Davidson reissued a “buy” rating and issued a $50.00 price objective on shares of Build-A-Bear Workshop in a research note on Friday, March 14th.

Build-A-Bear Workshop Stock Up 0.0 %

Shares of Build-A-Bear Workshop stock opened at $38.52 on Friday. The company has a market capitalization of $517.75 million, a price-to-earnings ratio of 10.25 and a beta of 1.50. The stock’s 50-day simple moving average is $39.28 and its 200-day simple moving average is $38.59. Build-A-Bear Workshop, Inc. has a 52 week low of $23.63 and a 52 week high of $48.23.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings results on Thursday, March 13th. The specialty retailer reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.07. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. The company had revenue of $150.45 million for the quarter, compared to analysts’ expectations of $147.53 million. On average, equities analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.28%. This is a boost from Build-A-Bear Workshop’s previous quarterly dividend of $0.20. The ex-dividend date is Thursday, March 27th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is presently 23.10%.

Insider Buying and Selling at Build-A-Bear Workshop

In other news, insider J. Christopher Hurt sold 12,635 shares of Build-A-Bear Workshop stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $39.53, for a total value of $499,461.55. Following the sale, the insider now directly owns 49,386 shares of the company’s stock, valued at approximately $1,952,228.58. The trade was a 20.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Vojin Todorovic sold 5,000 shares of the stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $40.08, for a total value of $200,400.00. Following the transaction, the chief financial officer now directly owns 70,695 shares of the company’s stock, valued at approximately $2,833,455.60. The trade was a 6.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 161,666 shares of company stock worth $7,010,081. Insiders own 7.90% of the company’s stock.

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.