HBK Investments L P reduced its position in Buffalo Wild Wings (NASDAQ:BWLD) by 6.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 91,000 shares of the restaurant operator’s stock after selling 6,072 shares during the period. HBK Investments L P owned about 0.59% of Buffalo Wild Wings worth $14,228,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in the business. Strs Ohio acquired a new position in shares of Buffalo Wild Wings during the 4th quarter valued at $109,000. Public Employees Retirement System of Ohio lifted its holdings 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 worth $107,000 after buying an additional 77 shares in the last quarter. Amundi Pioneer Asset Management Inc. acquired a new position in Buffalo Wild Wings in the 4th quarter worth $190,000. Two Sigma Investments LP lifted its holdings in 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. Finally, Macquarie Group Ltd. acquired a new position in Buffalo Wild Wings in the 3rd quarter worth $148,000. 92.32% of the stock is owned by hedge funds and other institutional investors.
Buffalo Wild Wings (NASDAQ:BWLD) opened at $156.95 on Tuesday. Buffalo Wild Wings has a 12 month low of $95.00 and a 12 month high of $165.70. The company has a quick ratio of 0.61, a current ratio of 0.70 and a debt-to-equity ratio of 1.60. The stock 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.
BWLD has been the topic of a number of recent analyst reports. BidaskClub lowered shares of Buffalo Wild Wings from a “hold” rating to a “sell” rating in a research note on Saturday, January 6th. Credit Suisse Group reaffirmed a “hold” rating on shares of Buffalo Wild Wings in a research report on Wednesday, January 24th. Zacks Investment Research upgraded shares of Buffalo Wild Wings from a “hold” rating to a “buy” rating and set a $176.00 target price for the company in a research report on Monday, February 5th. BMO Capital Markets set a $157.00 target price on shares of Buffalo Wild Wings and gave the stock a “hold” rating in a research report on Wednesday, November 29th. Finally, Mizuho set a $157.00 target price on shares of Buffalo Wild Wings and gave the stock a “hold” rating in a research report on Tuesday, November 28th. One research analyst has rated the stock with a sell rating, twenty-two have assigned a hold rating and four have given a buy rating to the company’s stock. Buffalo Wild Wings currently has a consensus rating of “Hold” and a consensus target price of $146.09.
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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.
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