Trade Report: The Buffalo Wild Wings Inc. (BWLD) Position Boosted by Prudential Financial Inc.

The Buffalo Wild Wings Inc. (BWLD) Position Boosted by Prudential Financial Inc.

Prudential Financial Inc. increased its position in shares of Buffalo Wild Wings Inc. (NASDAQ:BWLD) by 2.1% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 12,407 shares of the company’s stock after buying an additional 250 shares during the period. Prudential Financial Inc. owned 0.07% of Buffalo Wild Wings worth $1,724,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in BWLD. LS Investment Advisors LLC raised its position in Buffalo Wild Wings by 69.7% in the second quarter. LS Investment Advisors LLC now owns 1,169 shares of the company’s stock valued at $162,000 after buying an additional 480 shares during the last quarter. Quadrature Capital Ltd acquired a new position in Buffalo Wild Wings during the first quarter valued at approximately $207,000. Oakbrook Investments LLC acquired a new position in Buffalo Wild Wings during the second quarter valued at approximately $208,000. Bayesian Capital Management LP acquired a new position in Buffalo Wild Wings during the first quarter valued at approximately $213,000. Finally, M&T Bank Corp raised its position in Buffalo Wild Wings by 2.9% in the first quarter. M&T Bank Corp now owns 1,749 shares of the company’s stock valued at $259,000 after buying an additional 49 shares during the last quarter. Institutional investors and hedge funds own 94.74% of the company’s stock.

Shares of Buffalo Wild Wings Inc. (NASDAQ:BWLD) opened at 143.20 on Friday. Buffalo Wild Wings Inc. has a 52-week low of $122.25 and a 52-week high of $172.92. The company has a 50 day moving average of $145.94 and a 200 day moving average of $147.47. The stock has a market capitalization of $2.62 billion, a price-to-earnings ratio of 25.76 and a beta of 0.92.

Buffalo Wild Wings (NASDAQ:BWLD) last posted its earnings results on Wednesday, October 26th. The company reported $1.23 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.23. The company had revenue of $494.17 million for the quarter, compared to analysts’ expectations of $502.24 million. Buffalo Wild Wings had a return on equity of 16.25% and a net margin of 5.26%. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period last year, the business posted $1.00 earnings per share. Analysts predict that Buffalo Wild Wings Inc. will post $5.58 EPS for the current fiscal year.

BWLD has been the subject of several recent research reports. Vetr lowered shares of Buffalo Wild Wings from a “strong-buy” rating to a “buy” rating and set a $162.50 price objective for the company. in a research note on Monday, July 25th. BMO Capital Markets reissued a “buy” rating and issued a $165.00 price objective on shares of Buffalo Wild Wings in a research note on Monday, July 18th. Zacks Investment Research raised shares of Buffalo Wild Wings from a “hold” rating to a “buy” rating and set a $152.00 price objective for the company in a research note on Friday, July 8th. Finally, Wedbush reissued a “buy” rating and issued a $180.00 price objective on shares of Buffalo Wild Wings in a research note on Thursday. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twelve have issued a buy rating to the stock. Buffalo Wild Wings has an average rating of “Hold” and a consensus target price of $161.25.

In related news, CEO Sally J. Smith sold 1,500 shares of Buffalo Wild Wings stock in a transaction dated Monday, October 17th. The stock was sold at an average price of $141.43, for a total transaction of $212,145.00. Following the transaction, the chief executive officer now directly owns 51,243 shares of the company’s stock, valued at $7,247,297.49. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO James M. Schmidt sold 750 shares of Buffalo Wild Wings stock in a transaction dated Monday, August 1st. The stock was sold at an average price of $168.00, for a total value of $126,000.00. The disclosure for this sale can be found here. Insiders own 1.19% of the company’s stock.

Buffalo Wild Wings Company Profile

Buffalo Wild Wings, Inc (Buffalo Wild Wings) is an owner, operator and franchisor of restaurants featuring various menu items. The Company’s restaurants feature a bar, which offers a selection of 20 to 30 domestic, imported and craft beers on tap, as well as bottled beers, wine and liquor. The Buffalo Wild Wings restaurants feature various menu items, including its Buffalo, New York-style chicken wings spun in one of its signature sauces from sweet to screamin’ hot, which includes Sweet barbeque (BBQ), Teriyaki, Bourbon Honey Mustard, Mild, Parmesan Garlic, Medium, Honey BBQ, Spicy Garlic, Asian Zing, Caribbean Jerk, Thai Curry, Hot BBQ, Hot, Mango Habanero, Wild and Blazin’, or signature seasonings, Buffalo, Desert Heat, Chipotle BBQ, Lemon Pepper, and Salt & Vinegar.

Related posts

Leave a Comment