Chase Investment Counsel Corp Acquires Shares of 40,000 Build-A-Bear Workshop, Inc. $BBW

Chase Investment Counsel Corp bought a new stake in Build-A-Bear Workshop, Inc. (NYSE:BBW) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 40,000 shares of the specialty retailer’s stock, valued at approximately $1,224,000. Chase Investment Counsel Corp owned approximately 0.32% of Build-A-Bear Workshop as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Kestra Advisory Services LLC acquired a new stake in shares of Build-A-Bear Workshop during the 4th quarter worth about $28,000. IFP Advisors Inc boosted its position in Build-A-Bear Workshop by 68.1% in the third quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 203 shares in the last quarter. Larson Financial Group LLC grew its stake in Build-A-Bear Workshop by 453.1% during the third quarter. Larson Financial Group LLC now owns 542 shares of the specialty retailer’s stock worth $35,000 after buying an additional 444 shares during the last quarter. Wexford Capital LP bought a new stake in Build-A-Bear Workshop during the third quarter worth about $69,000. Finally, Clearstead Advisors LLC grew its stake in Build-A-Bear Workshop by 160.6% during the fourth quarter. Clearstead Advisors LLC now owns 1,079 shares of the specialty retailer’s stock worth $66,000 after buying an additional 665 shares during the last quarter. Institutional investors own 79.30% of the company’s stock.

Insider Activity

In other news, Director George Carrara sold 3,000 shares of the firm’s 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. This trade represents a 21.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 4.00% of the stock is owned by corporate insiders.

Build-A-Bear Workshop Price Performance

BBW opened at $38.32 on Monday. The company has a market cap of $480.50 million, a price-to-earnings ratio of 8.97 and a beta of 1.10. The firm has a 50 day simple moving average of $33.47 and a 200 day simple moving average of $39.41. Build-A-Bear Workshop, Inc. has a fifty-two week low of $29.35 and a fifty-two week high of $75.85.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings data on Thursday, May 28th. The specialty retailer reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.27. Build-A-Bear Workshop had a net margin of 10.48% and a return on equity of 32.15%. The firm had revenue of $125.27 million for the quarter, compared to analysts’ expectations of $129.45 million. As a group, analysts expect that Build-A-Bear Workshop, Inc. will post 4.04 EPS for the current year.

Build-A-Bear Workshop Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 25th were paid a $0.23 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.4%. Build-A-Bear Workshop’s dividend payout ratio is 21.55%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Weiss Ratings lowered shares of Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. DA Davidson reissued a “buy” rating and issued a $60.00 target price on shares of Build-A-Bear Workshop in a report on Friday, May 29th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average 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.