Alpine Associates Management Inc. acquired a new position in shares of Buffalo Wild Wings (NASDAQ:BWLD) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 177,047 shares of the restaurant operator’s stock, valued at approximately $27,681,000. Buffalo Wild Wings accounts for approximately 1.0% of Alpine Associates Management Inc.’s investment portfolio, making the stock its 22nd biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Public Employees Retirement System of Ohio grew its stake in Buffalo Wild Wings by 10.1% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 842 shares of the restaurant operator’s stock valued at $107,000 after acquiring an additional 77 shares during the period. Voya Investment Management LLC grew its stake in Buffalo Wild Wings by 3.8% in the 2nd quarter. Voya Investment Management LLC now owns 7,730 shares of the restaurant operator’s stock valued at $979,000 after acquiring an additional 283 shares during the period. California Public Employees Retirement System grew its stake in Buffalo Wild Wings by 0.8% in the 2nd quarter. California Public Employees Retirement System now owns 40,000 shares of the restaurant operator’s stock valued at $5,068,000 after acquiring an additional 300 shares during the period. Mutual of America Capital Management LLC grew its stake in Buffalo Wild Wings by 2.7% in the 4th quarter. Mutual of America Capital Management LLC now owns 12,932 shares of the restaurant operator’s stock valued at $2,022,000 after acquiring an additional 336 shares during the period. Finally, State Board of Administration of Florida Retirement System grew its stake in Buffalo Wild Wings by 4.0% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 11,205 shares of the restaurant operator’s stock valued at $1,184,000 after acquiring an additional 430 shares during the period. 92.32% of the stock is currently owned by institutional investors and hedge funds.

Shares of Buffalo Wild Wings (NASDAQ BWLD) opened at $156.95 on Wednesday. The company has a current ratio of 0.70, a quick ratio of 0.61 and a debt-to-equity ratio of 1.60. The stock has a market capitalization of $2,430.00, a PE ratio of 40.87, a P/E/G ratio of 1.72 and a beta of 0.88. Buffalo Wild Wings has a 52-week low of $95.00 and a 52-week high of $165.70.

A number of equities research analysts recently issued reports on the stock. BidaskClub raised shares of Buffalo Wild Wings from a “strong sell” rating to a “sell” rating in a research note on Monday, February 5th. Zacks Investment Research raised shares of Buffalo Wild Wings from a “hold” rating to a “buy” rating and set a $176.00 price target on the stock in a research note on Monday, February 5th. Credit Suisse Group reissued a “hold” rating on shares of Buffalo Wild Wings in a research note on Wednesday, January 24th. Dougherty & Co cut shares of Buffalo Wild Wings from a “buy” rating to a “neutral” rating in a research note on Friday, December 1st. Finally, Guggenheim cut shares of Buffalo Wild Wings from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 29th. One analyst has rated the stock with a sell rating, twenty-two have issued a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $146.09.

In other Buffalo Wild Wings news, Director International Master F. Marcato acquired 950,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 19th. The stock was purchased at an average cost of $156.60 per share, with a total value of $148,770,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Marcato Capital Management Lp sold 200,094 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $155.54, for a total value of $31,122,620.76. The disclosure for this sale can be found here. 1.19% of the stock is currently owned by company insiders.

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Buffalo Wild Wings Company Profile

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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