Buffalo Wild Wings (NASDAQ:BWLD) Short Interest Down 48.4% in January

Buffalo Wild Wings (NASDAQ:BWLD) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 1,113,496 shares, a decrease of 48.4% from the January 12th total of 2,157,255 shares. Currently, 7.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 384,641 shares, the short-interest ratio is presently 2.9 days.

Several research analysts have recently commented on BWLD shares. Canaccord Genuity reissued a “hold” rating and issued a $157.00 price objective on shares of Buffalo Wild Wings in a research note on Tuesday, November 28th. Deutsche Bank raised their price objective on shares of Buffalo Wild Wings from $130.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Mizuho set a $157.00 price target on shares of Buffalo Wild Wings and gave the stock a “hold” rating in a research note on Tuesday, November 28th. Telsey Advisory Group lifted their price target on shares of Buffalo Wild Wings from $120.00 to $125.00 and gave the stock a “market perform” rating in a research note on Thursday, October 26th. Finally, Robert W. Baird set a $157.00 price target on shares of Buffalo Wild Wings and gave the stock a “hold” rating in a research note on Tuesday, November 28th. One analyst has rated the stock with a sell rating, twenty-two have given a hold rating and four have issued a buy rating to the company’s stock. Buffalo Wild Wings has an average rating of “Hold” and an average price target of $146.09.

Shares of Buffalo Wild Wings (NASDAQ:BWLD) remained flat at $$156.95 during midday trading on Wednesday. Buffalo Wild Wings has a one year low of $95.00 and a one year high of $165.70. 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 cap of $2,430.00, a price-to-earnings ratio of 40.87, a P/E/G ratio of 1.72 and a beta of 0.88.

In related news, Director International Master F. Marcato bought 950,000 shares of the stock in a transaction on Tuesday, December 19th. The stock was bought at an average price of $156.60 per share, with a total value of $148,770,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director International Master F. Marcato sold 987,284 shares of the stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $155.57, for a total transaction of $153,591,771.88. The disclosure for this sale can be found here. 1.19% of the stock is owned by corporate insiders.

Several institutional investors have recently added to or reduced their stakes in the stock. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its position in shares of Buffalo Wild Wings by 2,400.0% in the 4th quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 50,000 shares of the restaurant operator’s stock worth $7,818,000 after buying an additional 48,000 shares in the last quarter. MetLife Investment Advisors LLC purchased a new stake in shares of Buffalo Wild Wings in the 4th quarter worth about $2,628,000. Paloma Partners Management Co boosted its position in shares of Buffalo Wild Wings by 90.3% in the 4th quarter. Paloma Partners Management Co now owns 8,641 shares of the restaurant operator’s stock worth $1,351,000 after buying an additional 4,100 shares in the last quarter. California State Teachers Retirement System boosted its position in shares of Buffalo Wild Wings by 59.0% in the 4th quarter. California State Teachers Retirement System now owns 39,410 shares of the restaurant operator’s stock worth $6,162,000 after buying an additional 14,618 shares in the last quarter. Finally, Two Sigma Investments LP boosted its position in shares of Buffalo Wild Wings by 127.7% in the 4th quarter. Two Sigma Investments LP now owns 1,300 shares of the restaurant operator’s stock worth $203,000 after buying an additional 6,000 shares in the last quarter. Institutional investors and hedge funds own 92.32% of the company’s stock.

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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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