Crown Advisors Management Inc. Makes New $3.06 Million Investment in Build-A-Bear Workshop, Inc. $BBW

Crown Advisors Management Inc. acquired a new stake in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 100,000 shares of the specialty retailer’s stock, valued at approximately $3,061,000. Build-A-Bear Workshop accounts for 1.7% of Crown Advisors Management Inc.’s investment portfolio, making the stock its 22nd largest holding. Crown Advisors Management Inc. owned 0.80% of Build-A-Bear Workshop as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Chase Investment Counsel Corp bought a new position in shares of Build-A-Bear Workshop during the 2nd quarter valued at approximately $1,224,000. Bank of New York Mellon Corp bought a new stake in Build-A-Bear Workshop in the second quarter worth $3,866,000. State of Wyoming bought a new stake in Build-A-Bear Workshop in the second quarter worth $59,000. Militia Capital Management LLC bought a new stake in Build-A-Bear Workshop in the first quarter worth $303,000. Finally, Bank of America Corp DE boosted its stake in Build-A-Bear Workshop by 14.1% during the first quarter. Bank of America Corp DE now owns 133,398 shares of the specialty retailer’s stock worth $4,996,000 after buying an additional 16,453 shares during the period. 79.30% of the stock is owned by institutional investors.

Build-A-Bear Workshop Stock Performance

NYSE BBW opened at $38.32 on Monday. The company has a market capitalization of $480.50 million, a price-to-earnings ratio of 8.97 and a beta of 1.10. Build-A-Bear Workshop, Inc. has a one year low of $29.35 and a one year high of $75.85. The company’s 50-day simple moving average is $33.47 and its two-hundred day simple moving average is $39.41.

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

Build-A-Bear Workshop Announces Dividend

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

Insiders Place Their Bets

In other Build-A-Bear Workshop news, Director George Carrara sold 3,000 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $34.52, for a total value of $103,560.00. Following the completion of the sale, the director owned 11,277 shares of the company’s stock, valued at approximately $389,282.04. This trade represents a 21.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 4.00% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on BBW shares. Weiss Ratings cut shares of Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. DA Davidson reissued a “buy” rating and set a $60.00 price target on shares of Build-A-Bear Workshop in a research note on Friday, May 29th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Build-A-Bear Workshop has a consensus rating of “Moderate Buy” and an average target price 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.