Buffalo Wild Wings (BWLD) Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System trimmed its position in Buffalo Wild Wings (NASDAQ:BWLD) by 13.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,792 shares of the restaurant operator’s stock after selling 3,738 shares during the quarter. California State Teachers Retirement System’s holdings in Buffalo Wild Wings were worth $2,621,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in BWLD. Koch Industries Inc. purchased a new position in shares of Buffalo Wild Wings in the second quarter worth about $618,000. Victory Capital Management Inc. grew its holdings in Buffalo Wild Wings by 36.8% during the third quarter. Victory Capital Management Inc. now owns 410,928 shares of the restaurant operator’s stock worth $43,435,000 after acquiring an additional 110,439 shares during the period. Prudential Financial Inc. grew its holdings in Buffalo Wild Wings by 628.5% during the third quarter. Prudential Financial Inc. now owns 80,365 shares of the restaurant operator’s stock worth $8,495,000 after acquiring an additional 69,334 shares during the period. Teachers Advisors LLC grew its holdings in Buffalo Wild Wings by 142.0% during the second quarter. Teachers Advisors LLC now owns 116,567 shares of the restaurant operator’s stock worth $14,769,000 after acquiring an additional 68,398 shares during the period. Finally, Thrivent Financial For Lutherans grew its holdings in Buffalo Wild Wings by 1,813.4% during the second quarter. Thrivent Financial For Lutherans now owns 62,950 shares of the restaurant operator’s stock worth $7,975,000 after acquiring an additional 59,660 shares during the period. Hedge funds and other institutional investors own 91.92% of the company’s stock.

Shares of Buffalo Wild Wings (NASDAQ:BWLD) opened at $156.75 on Friday. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.70 and a quick ratio of 0.61. Buffalo Wild Wings has a 1-year low of $95.00 and a 1-year high of $165.70. The company has a market capitalization of $2,433.95, a P/E ratio of 36.19, a price-to-earnings-growth ratio of 1.72 and a beta of 0.90.

Buffalo Wild Wings (NASDAQ:BWLD) last issued its quarterly earnings results on Wednesday, October 25th. The restaurant operator reported $1.36 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.57. The firm had revenue of $496.70 million for the quarter, compared to analyst estimates of $500.97 million. Buffalo Wild Wings had a return on equity of 21.39% and a net margin of 3.17%. The business’s revenue was up .5% on a year-over-year basis. During the same period in the previous year, the company posted $1.23 earnings per share. equities research analysts anticipate that Buffalo Wild Wings will post 4.99 EPS for the current year.

Several analysts recently commented on BWLD shares. Maxim Group reaffirmed a “buy” rating and set a $145.00 target price (down from $160.00) on shares of Buffalo Wild Wings in a report on Tuesday, September 19th. Oppenheimer reaffirmed a “buy” rating and set a $135.00 target price on shares of Buffalo Wild Wings in a report on Friday, September 15th. UBS Group set a $140.00 target price on Buffalo Wild Wings and gave the stock a “buy” rating in a report on Wednesday, October 11th. Dougherty & Co raised Buffalo Wild Wings from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a report on Thursday, October 26th. Finally, Deutsche Bank raised their target price on Buffalo Wild Wings from $130.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, October 26th. Three analysts have rated the stock with a sell rating, twenty-three have given a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $144.67.

In other news, Director Marcato Capital Management Lp sold 200,094 shares of Buffalo Wild Wings stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $155.54, for a total value of $31,122,620.76. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director International Master F. Marcato sold 987,284 shares of Buffalo Wild Wings stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $155.57, for a total value of $153,591,771.88. The disclosure for this sale can be found here. Insiders own 1.19% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This piece of content was originally posted by Community Financial News and is the property of of Community Financial News. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US & international copyright & trademark law. The legal version of this piece of content can be read at https://www.com-unik.info/2018/01/13/buffalo-wild-wings-bwld-shares-sold-by-california-state-teachers-retirement-system.html.

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.

Want to see what other hedge funds are holding BWLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Buffalo Wild Wings (NASDAQ:BWLD).

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

Receive News & Ratings for Buffalo Wild Wings Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buffalo Wild Wings and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit