Inspire Investing LLC Takes $1.59 Million Position in Build-A-Bear Workshop, Inc. $BBW

Inspire Investing LLC acquired a new position in Build-A-Bear Workshop, Inc. (NYSE:BBW) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 42,346 shares of the specialty retailer’s stock, valued at approximately $1,586,000. Inspire Investing LLC owned 0.34% of Build-A-Bear Workshop as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. IFP Advisors Inc increased its stake in Build-A-Bear Workshop by 68.1% during the 3rd quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 203 shares during the period. Commonwealth Equity Services LLC boosted its holdings in shares of Build-A-Bear Workshop by 7.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 3,392 shares of the specialty retailer’s stock valued at $208,000 after acquiring an additional 221 shares in the last quarter. SkyView Investment Advisors LLC boosted its holdings in shares of Build-A-Bear Workshop by 2.1% in the second quarter. SkyView Investment Advisors LLC now owns 17,065 shares of the specialty retailer’s stock valued at $915,000 after acquiring an additional 356 shares in the last quarter. Deutsche Bank AG increased its stake in shares of Build-A-Bear Workshop by 3.5% during the fourth quarter. Deutsche Bank AG now owns 10,770 shares of the specialty retailer’s stock valued at $660,000 after acquiring an additional 363 shares during the period. Finally, Blue Trust Inc. increased its stake in shares of 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 acquiring an additional 414 shares during the period. Institutional investors own 79.30% of the company’s stock.

Build-A-Bear Workshop Price Performance

Shares of BBW opened at $30.68 on Thursday. The firm’s 50 day moving average is $35.24 and its 200-day moving average is $45.67. The stock has a market capitalization of $384.73 million, a P/E ratio of 7.19 and a beta of 1.09. Build-A-Bear Workshop, Inc. has a 12-month low of $29.71 and a 12-month high of $75.85.

Build-A-Bear Workshop (NYSE:BBW) last released its earnings results on Thursday, May 28th. The specialty retailer reported $1.03 EPS for the quarter, beating the consensus estimate of $0.76 by $0.27. The business had revenue of $125.27 million during the quarter, compared to analyst estimates of $129.45 million. Build-A-Bear Workshop had a net margin of 10.48% and a return on equity of 32.15%. As a group, equities research analysts forecast that Build-A-Bear Workshop, Inc. will post 4.04 EPS for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 25th will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $0.92 annualized dividend and a dividend yield of 3.0%. Build-A-Bear Workshop’s dividend payout ratio (DPR) is currently 21.55%.

Insider Buying and Selling at Build-A-Bear Workshop

In related news, Director George Carrara sold 3,000 shares of Build-A-Bear Workshop stock in a transaction on Friday, June 5th. The stock was sold at an average price of $34.52, for a total value of $103,560.00. Following the transaction, the director directly owned 11,277 shares in the company, valued at $389,282.04. The trade was a 21.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 4.00% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Weiss Ratings downgraded Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. DA Davidson reiterated a “buy” rating and set a $60.00 price target on shares of Build-A-Bear Workshop in a research report on Friday, May 29th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $70.00.

About Build-A-Bear Workshop

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.