Royce & Associates LP cut its stake in shares of Build-A-Bear Workshop, Inc (NYSE:BBW) by 35.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 318,000 shares of the specialty retailer’s stock after selling 171,400 shares during the quarter. Royce & Associates LP’s holdings in Build-A-Bear Workshop were worth $1,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Acadian Asset Management LLC grew its holdings in shares of Build-A-Bear Workshop by 27.8% during the third quarter. Acadian Asset Management LLC now owns 32,745 shares of the specialty retailer’s stock valued at $296,000 after buying an additional 7,128 shares during the last quarter. Pacific Ridge Capital Partners LLC grew its holdings in shares of Build-A-Bear Workshop by 2.3% during the third quarter. Pacific Ridge Capital Partners LLC now owns 533,333 shares of the specialty retailer’s stock valued at $4,827,000 after buying an additional 11,785 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Build-A-Bear Workshop by 744.3% during the third quarter. JPMorgan Chase & Co. now owns 20,719 shares of the specialty retailer’s stock valued at $187,000 after buying an additional 18,265 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Build-A-Bear Workshop during the third quarter valued at $171,000. Finally, Man Group plc purchased a new stake in shares of Build-A-Bear Workshop during the third quarter valued at $215,000. 79.52% of the stock is currently owned by hedge funds and other institutional investors.

BBW opened at $5.24 on Friday. Build-A-Bear Workshop, Inc has a twelve month low of $3.75 and a twelve month high of $10.00. The stock has a market cap of $87.94 million, a P/E ratio of 9.89 and a beta of 0.57.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings results on Wednesday, March 13th. The specialty retailer reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.40). Build-A-Bear Workshop had a negative return on equity of 0.69% and a negative net margin of 0.66%. The company had revenue of $101.53 million for the quarter, compared to analyst estimates of $99.90 million. During the same quarter last year, the company earned $0.09 EPS. Analysts forecast that Build-A-Bear Workshop, Inc will post -0.16 earnings per share for the current year.

Several equities research analysts have commented on BBW shares. ValuEngine lowered shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Wednesday, December 26th. Zacks Investment Research lowered shares of Build-A-Bear Workshop from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 5th.

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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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