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

California State Teachers Retirement System lessened its holdings in Buffalo Wild Wings (NASDAQ:BWLD) by 13.1% during the 3rd quarter, according to its most recent filing 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 owned approximately 0.16% of Buffalo Wild Wings worth $2,621,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in BWLD. Public Employees Retirement System of Ohio grew its position 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 last quarter. Macquarie Group Ltd. bought a new position in shares of Buffalo Wild Wings during the 3rd quarter worth $148,000. Riverhead Capital Management LLC grew its position in shares of Buffalo Wild Wings by 95.6% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,565 shares of the restaurant operator’s stock worth $198,000 after buying an additional 765 shares in the last quarter. Flinton Capital Management LLC grew its position in shares of Buffalo Wild Wings by 73.5% during the 2nd quarter. Flinton Capital Management LLC now owns 1,652 shares of the restaurant operator’s stock worth $209,000 after buying an additional 700 shares in the last quarter. Finally, Commonwealth Equity Services Inc grew its position in shares of Buffalo Wild Wings by 54.4% during the 3rd quarter. Commonwealth Equity Services Inc now owns 2,481 shares of the restaurant operator’s stock worth $262,000 after buying an additional 874 shares in the last quarter. 91.92% of the stock is currently owned by institutional investors.

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 quick ratio of 0.61 and a current ratio of 0.70. The firm has a market capitalization of $2,433.95, a price-to-earnings ratio of 36.19, a P/E/G ratio of 1.72 and a beta of 0.90. Buffalo Wild Wings has a 12 month low of $95.00 and a 12 month high of $165.70.

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

In other Buffalo Wild Wings news, Director International Master F. Marcato purchased 950,000 shares of the firm’s stock in a transaction on Tuesday, December 19th. The stock was bought at an average cost of $156.60 per share, for a total transaction of $148,770,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Marcato Capital Management Lp sold 200,094 shares of the stock in a transaction dated Tuesday, November 28th. The shares were 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. Company insiders own 1.19% of the company’s stock.

A number of equities analysts have recently issued reports on BWLD shares. Deutsche Bank increased their price target on Buffalo Wild Wings from $130.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Maxim Group increased their price target on Buffalo Wild Wings from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. BMO Capital Markets set a $130.00 price target on Buffalo Wild Wings and gave the stock a “hold” rating in a research report on Friday, October 6th. Oppenheimer reissued a “buy” rating and set a $135.00 price target on shares of Buffalo Wild Wings in a research report on Friday, September 15th. Finally, UBS Group set a $140.00 price target on Buffalo Wild Wings and gave the stock a “buy” rating in a research report on Thursday, October 26th. Three research analysts have rated the stock with a sell rating, twenty-three have issued a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $144.67.

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Buffalo Wild Wings 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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