Vanguard Group Inc. Trims Position in Build-A-Bear Workshop, Inc. $BBW

Vanguard Group Inc. decreased its position in Build-A-Bear Workshop, Inc. (NYSE:BBW) by 5.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 920,241 shares of the specialty retailer’s stock after selling 52,117 shares during the quarter. Vanguard Group Inc. owned approximately 7.01% of Build-A-Bear Workshop worth $60,009,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of BBW. Thrivent Financial for Lutherans increased its position in shares of Build-A-Bear Workshop by 5,113.6% during the 2nd quarter. Thrivent Financial for Lutherans now owns 752,320 shares of the specialty retailer’s stock valued at $38,789,000 after purchasing an additional 737,890 shares during the last quarter. CSM Advisors LLC purchased a new position in shares of Build-A-Bear Workshop in the second quarter worth approximately $6,233,000. Balyasny Asset Management L.P. purchased a new position in shares of Build-A-Bear Workshop in the second quarter worth approximately $4,908,000. LSV Asset Management grew its position in Build-A-Bear Workshop by 97.2% during the second quarter. LSV Asset Management now owns 161,100 shares of the specialty retailer’s stock valued at $8,306,000 after buying an additional 79,413 shares during the period. Finally, Qube Research & Technologies Ltd grew its position in Build-A-Bear Workshop by 35.8% during the second quarter. Qube Research & Technologies Ltd now owns 230,777 shares of the specialty retailer’s stock valued at $11,899,000 after buying an additional 60,784 shares during the period. 79.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BBW has been the subject of a number of research reports. Wall Street Zen downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Zacks Research raised Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a report on Tuesday. CJS Securities initiated coverage on Build-A-Bear Workshop in a research report on Wednesday, December 10th. They set a “market outperform” rating and a $70.00 target price on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Build-A-Bear Workshop in a report on Tuesday, December 23rd. Finally, DA Davidson reduced their price target on Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating for the company in a research report on Friday, December 5th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $64.75.

Build-A-Bear Workshop Price Performance

Shares of NYSE BBW opened at $42.34 on Friday. The stock has a market cap of $548.30 million, a PE ratio of 9.73 and a beta of 1.08. Build-A-Bear Workshop, Inc. has a 1 year low of $32.55 and a 1 year high of $75.85. The firm has a fifty day moving average price of $57.79 and a 200-day moving average price of $58.05.

Build-A-Bear Workshop (NYSE:BBW) last released its earnings results on Thursday, December 4th. The specialty retailer reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.07. Build-A-Bear Workshop had a net margin of 10.93% and a return on equity of 38.43%. The company had revenue of $122.68 million for the quarter, compared to analysts’ expectations of $124.28 million. During the same quarter in the previous year, the company earned $0.73 EPS. On average, research analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop 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.