Trexquant Investment LP bought a new stake in Buffalo Wild Wings, Inc. (NASDAQ:BWLD) during the second quarter, Holdings Channel reports. The firm bought 6,451 shares of the restaurant operator’s stock, valued at approximately $817,000.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. increased its position in Buffalo Wild Wings by 21,879.4% in the first quarter. BlackRock Inc. now owns 1,722,083 shares of the restaurant operator’s stock valued at $263,048,000 after buying an additional 1,714,248 shares during the last quarter. Clearbridge Investments LLC increased its position in Buffalo Wild Wings by 59.2% in the first quarter. Clearbridge Investments LLC now owns 824,911 shares of the restaurant operator’s stock valued at $126,005,000 after buying an additional 306,743 shares during the last quarter. Victory Capital Management Inc. increased its position in Buffalo Wild Wings by 40,702.8% in the first quarter. Victory Capital Management Inc. now owns 221,151 shares of the restaurant operator’s stock valued at $33,781,000 after buying an additional 220,609 shares during the last quarter. Clearfield Capital Management LP acquired a new position in Buffalo Wild Wings during the first quarter valued at $23,585,000. Finally, Legato Capital Management LLC increased its position in Buffalo Wild Wings by 15,175.0% in the first quarter. Legato Capital Management LLC now owns 94,247 shares of the restaurant operator’s stock valued at $617,000 after buying an additional 93,630 shares during the last quarter. 94.48% of the stock is owned by institutional investors.

Shares of Buffalo Wild Wings, Inc. (BWLD) opened at 112.15 on Friday. The firm has a 50-day moving average price of $120.54 and a 200 day moving average price of $144.46. The firm has a market cap of $1.74 billion, a P/E ratio of 28.41 and a beta of 0.86. Buffalo Wild Wings, Inc. has a one year low of $105.10 and a one year high of $175.10.

Buffalo Wild Wings (NASDAQ:BWLD) last released its quarterly earnings data on Wednesday, July 26th. The restaurant operator reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $1.01 by $0.35. Buffalo Wild Wings had a net margin of 3.39% and a return on equity of 17.14%. The business had revenue of $500 million during the quarter, compared to analysts’ expectations of $512.68 million. During the same quarter in the previous year, the company posted $1.27 EPS. The company’s revenue was up 2.0% compared to the same quarter last year. On average, analysts forecast 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 weighed in on BWLD shares. Deutsche Bank AG restated a “buy” rating and issued a $180.00 price target on shares of Buffalo Wild Wings in a research note on Wednesday, June 28th. Maxim Group upgraded Buffalo Wild Wings from a “hold” rating to a “buy” rating and upped their price target for the stock from $175.00 to $180.00 in a research note on Friday, May 19th. UBS AG upgraded Buffalo Wild Wings to a “buy” rating in a research note on Monday, May 15th. BTIG Research restated a “neutral” rating on shares of Buffalo Wild Wings in a research note on Monday, April 17th. Finally, Wedbush downgraded Buffalo Wild Wings from a “neutral” rating to an “underperform” rating and upped their price target for the stock from $150.00 to $155.00 in a research note on Tuesday, May 30th. Two analysts have rated the stock with a sell rating, eighteen have given a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $141.78.

In other news, Director International Master F. Marcato bought 9,100 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The stock was purchased at an average cost of $109.71 per share, with a total value of $998,361.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.19% of the company’s stock.

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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