Roanoke Asset Management Corp NY lessened its stake in Buffalo Wild Wings, Inc. (NASDAQ:BWLD) by 11.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,856 shares of the restaurant operator’s stock after selling 2,105 shares during the period. Roanoke Asset Management Corp NY owned about 0.11% of Buffalo Wild Wings worth $1,782,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio lifted its stake in shares of Buffalo Wild Wings by 10.9% in the 1st quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock valued at $117,000 after acquiring an additional 75 shares during the last quarter. Suntrust Banks Inc. lifted its stake in shares of Buffalo Wild Wings by 4.1% in the 2nd quarter. Suntrust Banks Inc. now owns 2,552 shares of the restaurant operator’s stock valued at $323,000 after acquiring an additional 101 shares during the last quarter. LS Investment Advisors LLC lifted its stake in shares of Buffalo Wild Wings by 9.1% in the 2nd quarter. LS Investment Advisors LLC now owns 1,577 shares of the restaurant operator’s stock valued at $200,000 after acquiring an additional 131 shares during the last quarter. Thrivent Financial For Lutherans lifted its stake in shares of Buffalo Wild Wings by 5.4% in the 1st quarter. Thrivent Financial For Lutherans now owns 3,290 shares of the restaurant operator’s stock valued at $503,000 after acquiring an additional 170 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC lifted its stake in shares of Buffalo Wild Wings by 8.4% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 3,249 shares of the restaurant operator’s stock valued at $451,000 after acquiring an additional 252 shares during the last quarter. 88.48% of the stock is owned by institutional investors.

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Buffalo Wild Wings, Inc. (NASDAQ BWLD) traded down 1.375% on Wednesday, hitting $116.575. The company’s stock had a trading volume of 89,191 shares. Buffalo Wild Wings, Inc. has a 12 month low of $95.00 and a 12 month high of $175.10. The firm has a 50 day moving average of $106.83 and a 200 day moving average of $125.17. The firm has a market cap of $1.81 billion, a price-to-earnings ratio of 29.528 and a beta of 0.83.

Buffalo Wild Wings (NASDAQ:BWLD) last issued its earnings results on Wednesday, October 25th. The restaurant operator reported $1.36 EPS for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.57. The business had revenue of $496.70 million for the quarter, compared to analyst estimates of $500.97 million. Buffalo Wild Wings had a net margin of 3.17% and a return on equity of 21.39%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same period last year, the company posted $1.23 earnings per share. Equities research analysts forecast that Buffalo Wild Wings, Inc. will post $4.97 earnings per share for the current fiscal year.

A number of equities research analysts have recently weighed in on BWLD shares. Maxim Group lowered their target price on Buffalo Wild Wings from $180.00 to $165.00 and set a “buy” rating for the company in a research note on Monday, July 24th. Deutsche Bank AG reissued a “buy” rating and issued a $165.00 target price (down previously from $180.00) on shares of Buffalo Wild Wings in a research note on Monday, July 10th. UBS AG reissued a “buy” rating and issued a $175.00 target price on shares of Buffalo Wild Wings in a research note on Monday, July 10th. Oppenheimer Holdings, Inc. reissued a “buy” rating and issued a $135.00 target price on shares of Buffalo Wild Wings in a research note on Friday, September 15th. Finally, Dougherty & Co raised Buffalo Wild Wings from a “neutral” rating to a “buy” rating and set a $150.00 target price for the company in a research note on Thursday, October 26th. Two investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. Buffalo Wild Wings currently has an average rating of “Hold” and a consensus target price of $131.57.

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.

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

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