Quest Partners LLC Acquires Shares of 30,466 Build-A-Bear Workshop, Inc. (NYSE:BBW)

Quest Partners LLC acquired a new stake in Build-A-Bear Workshop, Inc. (NYSE:BBW) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 30,466 shares of the specialty retailer’s stock, valued at approximately $700,000. Quest Partners LLC owned 0.21% of Build-A-Bear Workshop at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC grew its stake in shares of Build-A-Bear Workshop by 101.6% during the third quarter. Allspring Global Investments Holdings LLC now owns 5,755 shares of the specialty retailer’s stock valued at $169,000 after acquiring an additional 2,900 shares in the last quarter. Watershed Asset Management L.L.C. grew its stake in shares of Build-A-Bear Workshop by 19.6% during the fourth quarter. Watershed Asset Management L.L.C. now owns 11,918 shares of the specialty retailer’s stock valued at $274,000 after acquiring an additional 1,953 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Build-A-Bear Workshop by 7.7% during the fourth quarter. BNP Paribas Financial Markets now owns 15,138 shares of the specialty retailer’s stock valued at $348,000 after acquiring an additional 1,083 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of Build-A-Bear Workshop during the third quarter valued at about $503,000. Finally, Cornercap Investment Counsel Inc. grew its stake in shares of Build-A-Bear Workshop by 35.9% during the fourth quarter. Cornercap Investment Counsel Inc. now owns 22,848 shares of the specialty retailer’s stock valued at $525,000 after acquiring an additional 6,039 shares in the last quarter. 79.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on BBW. StockNews.com upgraded Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a research note on Tuesday. DA Davidson reiterated a “buy” rating and issued a $40.00 price target on shares of Build-A-Bear Workshop in a research note on Friday, March 15th.

Build-A-Bear Workshop Stock Down 0.6 %

Shares of NYSE BBW opened at $29.40 on Thursday. The firm’s 50-day moving average price is $29.09 and its two-hundred day moving average price is $25.48. Build-A-Bear Workshop, Inc. has a 52-week low of $17.85 and a 52-week high of $30.86. The stock has a market capitalization of $414.83 million, a P/E ratio of 8.05 and a beta of 1.70.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings results on Thursday, March 14th. The specialty retailer reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.02. The company had revenue of $149.28 million for the quarter, compared to analysts’ expectations of $150.02 million. Build-A-Bear Workshop had a return on equity of 43.26% and a net margin of 10.86%. As a group, equities research analysts expect that Build-A-Bear Workshop, Inc. will post 3.57 earnings per share for the current year.

Build-A-Bear Workshop Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were issued a dividend of $0.20 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.80 annualized dividend and a yield of 2.72%. Build-A-Bear Workshop’s payout ratio is 21.92%.

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.