Koss Olinger Consulting LLC Acquires 1,184 Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW)

Koss Olinger Consulting LLC increased its holdings in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) by 5.9% during the fourth quarter, Holdings Channel reports. The fund owned 21,370 shares of the specialty retailer’s stock after purchasing an additional 1,184 shares during the period. Koss Olinger Consulting LLC’s holdings in Build-A-Bear Workshop were worth $984,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. USA Financial Formulas bought a new stake in Build-A-Bear Workshop during the 4th quarter worth approximately $27,000. New York State Teachers Retirement System bought a new position in Build-A-Bear Workshop in the 4th quarter valued at $53,000. Quarry LP boosted its position in Build-A-Bear Workshop by 346.6% in the 3rd quarter. Quarry LP now owns 1,295 shares of the specialty retailer’s stock valued at $45,000 after buying an additional 1,005 shares during the last quarter. Fortitude Family Office LLC boosted its position in Build-A-Bear Workshop by 34.1% in the 4th quarter. Fortitude Family Office LLC now owns 1,480 shares of the specialty retailer’s stock valued at $68,000 after buying an additional 376 shares during the last quarter. Finally, Intech Investment Management LLC bought a new position in Build-A-Bear Workshop in the 4th quarter valued at $200,000. 79.30% of the stock is currently owned by institutional investors.

Build-A-Bear Workshop Stock Up 2.1 %

BBW stock opened at $35.92 on Wednesday. The business’s fifty day moving average is $39.68 and its 200-day moving average is $38.42. The company has a market cap of $482.82 million, a P/E ratio of 9.55 and a beta of 1.50. Build-A-Bear Workshop, Inc. has a twelve month low of $23.63 and a twelve month high of $48.23.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings results on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.07. The company had revenue of $150.45 million for the quarter, compared to the consensus estimate of $147.53 million. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. Research analysts anticipate 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 firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.45%. The ex-dividend date is Thursday, March 27th. This is an increase from Build-A-Bear Workshop’s previous quarterly dividend of $0.20. Build-A-Bear Workshop’s dividend payout ratio (DPR) is presently 23.10%.

Analysts Set New Price Targets

A number of brokerages have commented on BBW. StockNews.com upgraded Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a research report on Thursday, March 13th. DA Davidson reiterated a “buy” rating and issued a $50.00 price objective on shares of Build-A-Bear Workshop in a research report on Friday, March 14th. Finally, Northland Securities increased their price objective on Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an “outperform” rating in a research report on Friday, December 6th.

Insiders Place Their Bets

In other Build-A-Bear Workshop news, CEO Sharon Price John sold 68,859 shares of Build-A-Bear Workshop stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $46.06, for a total transaction of $3,171,645.54. Following the transaction, the chief executive officer now directly owns 347,820 shares in the company, valued at approximately $16,020,589.20. The trade was a 16.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Vojin Todorovic sold 15,000 shares of Build-A-Bear Workshop stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $41.55, for a total value of $623,250.00. Following the transaction, the chief financial officer now owns 75,695 shares in the company, valued at approximately $3,145,127.25. This represents a 16.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 161,666 shares of company stock worth $7,010,081. Corporate insiders own 7.90% of the company’s stock.

About Build-A-Bear Workshop

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.