Birinyi Associates Inc. purchased a new stake in shares of Buffalo Wild Wings, Inc. (NASDAQ:BWLD) during the second quarter, according to its most recent filing with the SEC. The firm purchased 3,750 shares of the restaurant operator’s stock, valued at approximately $475,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BWLD. Suntrust Banks Inc. boosted its position in shares of Buffalo Wild Wings by 0.5% in the first quarter. Suntrust Banks Inc. now owns 2,451 shares of the restaurant operator’s stock valued at $374,000 after buying an additional 12 shares during the last quarter. Tyers Asset Management LLC boosted its position in shares of Buffalo Wild Wings by 6.3% in the first quarter. Tyers Asset Management LLC now owns 748 shares of the restaurant operator’s stock valued at $114,000 after buying an additional 44 shares during the last quarter. Flinton Capital Management LLC boosted its position in shares of Buffalo Wild Wings by 6.3% in the first quarter. Flinton Capital Management LLC now owns 952 shares of the restaurant operator’s stock valued at $146,000 after buying an additional 56 shares during the last quarter. Neuburgh Advisers LLC boosted its position in shares of Buffalo Wild Wings by 6.3% in the first quarter. Neuburgh Advisers LLC now owns 1,156 shares of the restaurant operator’s stock valued at $177,000 after buying an additional 68 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its position in shares of Buffalo Wild Wings by 10.9% in the first quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock valued at $117,000 after buying an additional 75 shares during the last quarter. 89.21% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Buffalo Wild Wings, Inc. (NASDAQ:BWLD) opened at 104.60 on Tuesday. The company’s 50 day moving average is $114.83 and its 200-day moving average is $140.93. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 26.49 and a beta of 0.86. Buffalo Wild Wings, Inc. has a 1-year low of $102.20 and a 1-year high of $175.10.

Buffalo Wild Wings (NASDAQ:BWLD) last posted its quarterly earnings results on Wednesday, July 26th. The restaurant operator reported $0.66 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.01 by $0.35. Buffalo Wild Wings had a return on equity of 17.14% and a net margin of 3.39%. The company had revenue of $500 million during the quarter, compared to the consensus estimate of $512.68 million. During the same quarter in the prior year, the business earned $1.27 earnings per share. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. Equities analysts anticipate that Buffalo Wild Wings, Inc. will post $4.54 earnings per share for the current fiscal year.

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Several research analysts have recently weighed in on the stock. Deutsche Bank AG set a $180.00 price target on shares of Buffalo Wild Wings and gave the company a “buy” rating in a research report on Sunday, May 28th. UBS AG reissued a “buy” rating and set a $175.00 price target (down previously from $185.00) on shares of Buffalo Wild Wings in a research report on Monday, June 12th. BMO Capital Markets reissued a “market perform” rating and set a $150.00 price target (down previously from $155.00) on shares of Buffalo Wild Wings in a research report on Monday, June 5th. Wedbush raised shares of Buffalo Wild Wings from an “underperform” rating to a “neutral” rating and set a $115.00 price target on the stock in a research report on Thursday, July 20th. Finally, Stephens reissued an “equal weight” rating and set a $145.00 price target on shares of Buffalo Wild Wings in a research report on Wednesday, July 26th. Two equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $142.55.

In other Buffalo Wild Wings news, Director International Master F. Marcato acquired 9,100 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The shares were acquired at an average price of $109.71 per share, with a total value of $998,361.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 1.19% of the stock is owned by company insiders.

About Buffalo Wild Wings

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

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Institutional Ownership by Quarter for Buffalo Wild Wings (NASDAQ:BWLD)

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