GSA Capital Partners LLP Buys Shares of 2,333 Buffalo Wild Wings, Inc. (NASDAQ:BWLD)

GSA Capital Partners LLP purchased a new position in Buffalo Wild Wings, Inc. (NASDAQ:BWLD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,333 shares of the restaurant operator’s stock, valued at approximately $296,000.

A number of other large investors have also bought and sold shares of BWLD. Public Employees Retirement System of Ohio boosted its stake in Buffalo Wild Wings by 10.9% in the first 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. FNY Managed Accounts LLC bought a new position in Buffalo Wild Wings in the first quarter valued at approximately $130,000. Riverhead Capital Management LLC boosted its stake in Buffalo Wild Wings by 95.6% in the second quarter. Riverhead Capital Management LLC now owns 1,565 shares of the restaurant operator’s stock valued at $198,000 after acquiring an additional 765 shares during the last quarter. LS Investment Advisors LLC boosted its stake in Buffalo Wild Wings by 9.1% in the second 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. Finally, ING Groep NV bought a new position in Buffalo Wild Wings in the second quarter valued at approximately $236,000. 88.13% of the stock is owned by hedge funds and other institutional investors.

BWLD has been the topic of a number of recent research reports. Cowen and Company reaffirmed a “market perform” rating and issued a $110.00 price objective (down from $150.00) on shares of Buffalo Wild Wings in a research note on Thursday, July 27th. Barclays PLC cut their target price on shares of Buffalo Wild Wings from $165.00 to $144.00 and set an “overweight” rating on the stock in a report on Thursday, July 27th. Wedbush reiterated an “in-line” rating and issued a $115.00 target price (up from $110.00) on shares of Buffalo Wild Wings in a report on Thursday. They noted that the move was a valuation call. Maxim Group cut their target price on shares of Buffalo Wild Wings from $180.00 to $165.00 and set a “buy” rating on the stock in a report on Monday, July 24th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $130.00 target price (down from $150.00) on shares of Buffalo Wild Wings in a report on Thursday, July 27th. 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. The stock currently has a consensus rating of “Hold” and an average price target of $133.00.

In other Buffalo Wild Wings news, Director International Master F. Marcato purchased 9,100 shares of the company’s stock in a transaction on Tuesday, August 1st. The stock was acquired at an average cost of $109.71 per share, for a total transaction of $998,361.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.19% of the company’s stock.

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Shares of Buffalo Wild Wings, Inc. (NASDAQ:BWLD) opened at 120.95 on Friday. Buffalo Wild Wings, Inc. has a one year low of $95.00 and a one year high of $175.10. The company has a market cap of $1.87 billion, a P/E ratio of 30.64 and a beta of 0.83. The company’s 50 day moving average is $104.29 and its 200 day moving average is $126.03.

Buffalo Wild Wings (NASDAQ:BWLD) last announced its quarterly earnings data on Wednesday, October 25th. The restaurant operator reported $1.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.57. The company had revenue of $496.70 million during the quarter, compared to the consensus estimate of $500.97 million. Buffalo Wild Wings had a return on equity of 19.92% and a net margin of 3.17%. The firm’s revenue was up .5% on a year-over-year basis. During the same period in the previous year, the company posted $1.23 EPS. On average, equities analysts predict that Buffalo Wild Wings, Inc. will post $4.41 earnings per share for the current year.

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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