Koss Olinger Consulting LLC Boosts Stock Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Koss Olinger Consulting LLC lifted its position in Build-A-Bear Workshop, Inc. (NYSE:BBW) by 1.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,186 shares of the specialty retailer’s stock after purchasing an additional 259 shares during the quarter. Koss Olinger Consulting LLC owned 0.15% of Build-A-Bear Workshop worth $694,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pacifica Capital Investments LLC boosted its holdings in Build-A-Bear Workshop by 54.1% during the 1st quarter. Pacifica Capital Investments LLC now owns 996,166 shares of the specialty retailer’s stock valued at $29,755,000 after acquiring an additional 349,752 shares during the period. Wellington Management Group LLP boosted its holdings in Build-A-Bear Workshop by 81.4% during the 4th quarter. Wellington Management Group LLP now owns 360,329 shares of the specialty retailer’s stock valued at $8,284,000 after acquiring an additional 161,700 shares during the period. American Century Companies Inc. boosted its holdings in Build-A-Bear Workshop by 17.2% during the 2nd quarter. American Century Companies Inc. now owns 320,832 shares of the specialty retailer’s stock valued at $8,107,000 after acquiring an additional 47,096 shares during the period. SkyView Investment Advisors LLC purchased a new stake in Build-A-Bear Workshop during the 1st quarter valued at about $917,000. Finally, Maverick Capital Ltd. purchased a new stake in Build-A-Bear Workshop during the 2nd quarter valued at about $740,000. 79.30% of the stock is currently owned by hedge funds and other institutional investors.

Build-A-Bear Workshop Price Performance

BBW opened at $38.65 on Monday. The business has a 50 day simple moving average of $31.85 and a two-hundred day simple moving average of $28.87. The firm has a market capitalization of $533.56 million, a price-to-earnings ratio of 11.07 and a beta of 1.55. Build-A-Bear Workshop, Inc. has a one year low of $21.24 and a one year high of $38.69.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings results on Thursday, August 29th. The specialty retailer reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.07. The business had revenue of $111.80 million during the quarter, compared to analyst estimates of $107.90 million. Build-A-Bear Workshop had a return on equity of 37.81% and a net margin of 10.36%. During the same quarter in the prior year, the company posted $0.57 EPS. As a group, sell-side analysts expect that Build-A-Bear Workshop, Inc. will post 3.72 EPS for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, September 26th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.07%. The ex-dividend date of this dividend was Thursday, September 26th. Build-A-Bear Workshop’s dividend payout ratio is currently 22.92%.

Build-A-Bear Workshop announced that its board has authorized a stock repurchase program on Wednesday, September 11th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the specialty retailer to reacquire up to 23.2% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on BBW shares. Northland Securities increased their target price on Build-A-Bear Workshop from $36.00 to $38.00 and gave the company an “outperform” rating in a report on Friday, August 30th. StockNews.com lowered Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Thursday.

Insider Transactions at Build-A-Bear Workshop

In other news, CEO Sharon Price John sold 50,000 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $33.32, for a total value of $1,666,000.00. Following the completion of the transaction, the chief executive officer now owns 465,004 shares of the company’s stock, valued at approximately $15,493,933.28. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CAO Eric R. Fencl sold 17,274 shares of the stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $35.05, for a total value of $605,453.70. Following the completion of the transaction, the chief accounting officer now owns 137,078 shares of the company’s stock, valued at approximately $4,804,583.90. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Sharon Price John sold 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $33.32, for a total value of $1,666,000.00. Following the completion of the sale, the chief executive officer now owns 465,004 shares in the company, valued at $15,493,933.28. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 130,734 shares of company stock valued at $4,510,217. Corporate insiders own 7.90% of the company’s stock.

Build-A-Bear Workshop Company Profile

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.