Build-A-Bear Workshop, Inc (BBW) Shares Bought by Acadian Asset Management LLC

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Acadian Asset Management LLC raised its position in shares of Build-A-Bear Workshop, Inc (NYSE:BBW) by 677.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,617 shares of the specialty retailer’s stock after acquiring an additional 22,320 shares during the quarter. Acadian Asset Management LLC owned about 0.17% of Build-A-Bear Workshop worth $195,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of BBW. Cannell Capital LLC boosted its position in shares of Build-A-Bear Workshop by 27.5% during the 1st quarter. Cannell Capital LLC now owns 901,727 shares of the specialty retailer’s stock worth $8,251,000 after purchasing an additional 194,253 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Build-A-Bear Workshop by 25.9% during the 1st quarter. The Manufacturers Life Insurance Company now owns 268,448 shares of the specialty retailer’s stock worth $2,456,000 after purchasing an additional 55,293 shares in the last quarter. Millennium Management LLC boosted its position in shares of Build-A-Bear Workshop by 215.9% during the 1st quarter. Millennium Management LLC now owns 53,735 shares of the specialty retailer’s stock worth $492,000 after purchasing an additional 36,725 shares in the last quarter. Point72 Asset Management L.P. boosted its position in shares of Build-A-Bear Workshop by 1.1% during the 1st quarter. Point72 Asset Management L.P. now owns 2,983,825 shares of the specialty retailer’s stock worth $27,302,000 after purchasing an additional 33,849 shares in the last quarter. Finally, A.R.T. Advisors LLC bought a new position in shares of Build-A-Bear Workshop during the 1st quarter worth about $275,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently issued reports on BBW shares. ValuEngine cut shares of Build-A-Bear Workshop from a “hold” rating to a “sell” rating in a research report on Saturday, May 12th. Zacks Investment Research cut shares of Build-A-Bear Workshop from a “hold” rating to a “strong sell” rating in a research report on Friday, June 1st.

Shares of NYSE BBW opened at $8.40 on Friday. Build-A-Bear Workshop, Inc has a fifty-two week low of $7.25 and a fifty-two week high of $10.45. The stock has a market capitalization of $123.94 million, a P/E ratio of 15.85, a price-to-earnings-growth ratio of 2.13 and a beta of -0.60.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings results on Thursday, May 31st. The specialty retailer reported $0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by ($0.23). Build-A-Bear Workshop had a net margin of 1.57% and a return on equity of 5.54%. The business had revenue of $83.18 million during the quarter, compared to the consensus estimate of $92.30 million. During the same period in the previous year, the business posted $0.17 EPS. equities analysts expect that Build-A-Bear Workshop, Inc will post 0.43 earnings per share for the current year.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates as a specialty retailer of plush animals and related products. The company operates through three segments: Direct-to-Consumer, International Franchising, and Commercial. Its merchandise comprises a range of styles of stuffed animals; clothing, shoes, and accessories for the stuffed animals; and other toy and novelty items.

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Institutional Ownership by Quarter for Build-A-Bear Workshop (NYSE:BBW)

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