Commerzbank Aktiengesellschaft FI trimmed its holdings in Buffalo Wild Wings, Inc. (NASDAQ:BWLD) by 13.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,296 shares of the restaurant operator’s stock after selling 1,166 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Buffalo Wild Wings were worth $924,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Tyers Asset Management LLC grew its holdings in Buffalo Wild Wings by 6.3% in the 1st quarter. Tyers Asset Management LLC now owns 748 shares of the restaurant operator’s stock worth $114,000 after buying an additional 44 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in Buffalo Wild Wings by 10.9% in the first quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock worth $117,000 after purchasing an additional 75 shares during the period. FNY Managed Accounts LLC acquired a new stake in Buffalo Wild Wings in the first quarter worth approximately $130,000. Flinton Capital Management LLC lifted its position in Buffalo Wild Wings by 6.3% in the first quarter. Flinton Capital Management LLC now owns 952 shares of the restaurant operator’s stock worth $146,000 after purchasing an additional 56 shares during the period. Finally, Neuburgh Advisers LLC lifted its position in Buffalo Wild Wings by 6.3% in the first quarter. Neuburgh Advisers LLC now owns 1,156 shares of the restaurant operator’s stock worth $177,000 after purchasing an additional 68 shares during the period. 88.52% of the stock is owned by institutional investors and hedge funds.
In other news, Director International Master F. Marcato purchased 9,100 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The shares were bought at an average cost of $109.71 per share, with a total value of $998,361.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.19% of the stock is owned by company insiders.
Shares of Buffalo Wild Wings, Inc. (BWLD) opened at 105.05 on Friday. The company has a market capitalization of $1.63 billion, a PE ratio of 26.61 and a beta of 0.86. Buffalo Wild Wings, Inc. has a 12-month low of $95.00 and a 12-month high of $175.10. The firm’s 50-day moving average is $106.69 and its 200-day moving average is $134.47.
Buffalo Wild Wings (NASDAQ:BWLD) last released its quarterly earnings data on Wednesday, July 26th. The restaurant operator reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.35). Buffalo Wild Wings had a net margin of 3.39% and a return on equity of 17.14%. The business had revenue of $500.00 million during the quarter, compared to the consensus estimate of $512.68 million. During the same period last year, the business posted $1.27 earnings per share. The firm’s quarterly revenue was up 2.0% on a year-over-year basis. On average, equities research analysts anticipate that Buffalo Wild Wings, Inc. will post $4.50 EPS for the current fiscal year.
A number of research firms have weighed in on BWLD. UBS AG restated a “buy” rating and issued a $175.00 target price (down from $185.00) on shares of Buffalo Wild Wings in a research report on Monday, June 12th. Maxim Group restated a “buy” rating and issued a $145.00 target price (down from $160.00) on shares of Buffalo Wild Wings in a research report on Tuesday. Deutsche Bank AG set a $180.00 target price on Buffalo Wild Wings and gave the stock a “buy” rating in a research report on Sunday, May 28th. Cowen and Company restated a “market perform” rating and issued a $110.00 target price on shares of Buffalo Wild Wings in a research report on Wednesday. Finally, Mizuho started coverage on Buffalo Wild Wings in a research report on Thursday, June 8th. They set a “neutral” rating and a $150.00 price objective for the company. Two research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $140.71.
Buffalo Wild Wings Profile
Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.
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