Pacifica Capital Investments LLC Sells 29,035 Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW)

Pacifica Capital Investments LLC lowered its position in Build-A-Bear Workshop, Inc. (NYSE:BBW) by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,166,360 shares of the specialty retailer’s stock after selling 29,035 shares during the period. Build-A-Bear Workshop accounts for 17.3% of Pacifica Capital Investments LLC’s portfolio, making the stock its 3rd largest holding. Pacifica Capital Investments LLC owned 8.68% of Build-A-Bear Workshop worth $53,699,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in Build-A-Bear Workshop by 322.8% during the third quarter. JPMorgan Chase & Co. now owns 24,935 shares of the specialty retailer’s stock valued at $857,000 after purchasing an additional 19,038 shares during the last quarter. CWA Asset Management Group LLC acquired a new position in Build-A-Bear Workshop during the fourth quarter valued at approximately $800,000. State Street Corp grew its holdings in Build-A-Bear Workshop by 34.3% during the third quarter. State Street Corp now owns 372,168 shares of the specialty retailer’s stock valued at $12,863,000 after purchasing an additional 94,986 shares during the last quarter. De Lisle Partners LLP grew its holdings in Build-A-Bear Workshop by 25.9% during the third quarter. De Lisle Partners LLP now owns 732,911 shares of the specialty retailer’s stock valued at $25,187,000 after purchasing an additional 150,619 shares during the last quarter. Finally, Franklin Resources Inc. acquired a new position in Build-A-Bear Workshop during the third quarter valued at approximately $282,000. Institutional investors and hedge funds own 79.30% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. DA Davidson reiterated a “buy” rating and set a $50.00 price target on shares of Build-A-Bear Workshop in a report on Friday, March 14th. Northland Securities increased their price target on Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Finally, StockNews.com downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research note on Friday.

Insider Buying and Selling

In related news, CFO Vojin Todorovic sold 5,000 shares of the firm’s stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $40.08, for a total value of $200,400.00. Following the completion of the transaction, the chief financial officer now directly owns 70,695 shares of the company’s stock, valued at $2,833,455.60. This trade represents a 6.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider J. Christopher Hurt sold 12,635 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $39.53, for a total value of $499,461.55. Following the completion of the transaction, the insider now directly owns 49,386 shares of the company’s stock, valued at approximately $1,952,228.58. This trade represents a 20.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 161,666 shares of company stock valued at $7,010,081 over the last ninety days. 7.90% of the stock is owned by company insiders.

Build-A-Bear Workshop Trading Up 0.8 %

Shares of Build-A-Bear Workshop stock opened at $37.39 on Monday. The company’s fifty day simple moving average is $39.37 and its 200-day simple moving average is $38.50. The company has a market cap of $502.47 million, a price-to-earnings ratio of 9.94 and a beta of 1.50. Build-A-Bear Workshop, Inc. has a 1 year low of $23.63 and a 1 year high of $48.23.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings data on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.07. The business had revenue of $150.45 million for the quarter, compared to the consensus estimate of $147.53 million. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. As a group, research analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be given a $0.22 dividend. This is a boost from Build-A-Bear Workshop’s previous quarterly dividend of $0.20. This represents a $0.88 annualized dividend and a yield of 2.35%. The ex-dividend date is Thursday, March 27th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is 23.10%.

Build-A-Bear Workshop 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.