Pillar Pacific Capital Management LLC maintained its stake in Buffalo Wild Wings Inc. (NASDAQ:BWLD) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,400 shares of the company’s stock at the end of the third quarter. Pillar Pacific Capital Management LLC’s holdings in Buffalo Wild Wings were worth $338,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of BWLD. Sei Investments Co. raised its stake in Buffalo Wild Wings by 71.3% in the second quarter. Sei Investments Co. now owns 1,028 shares of the company’s stock valued at $143,000 after buying an additional 428 shares during the period. LS Investment Advisors LLC raised its stake in shares of 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. Pacer Advisors Inc. acquired a new stake in shares of Buffalo Wild Wings during the second quarter valued at approximately $184,000. Oakbrook Investments LLC acquired a new stake in shares of Buffalo Wild Wings during the second quarter valued at approximately $208,000. Finally, Advisor Group Inc. acquired a new stake in shares of Buffalo Wild Wings during the second quarter valued at approximately $241,000. 92.01% of the stock is currently owned by hedge funds and other institutional investors.
Buffalo Wild Wings Inc. (NASDAQ:BWLD) traded down 0.53% during mid-day trading on Monday, hitting $169.65. The stock had a trading volume of 193,039 shares. The company has a 50-day moving average of $149.70 and a 200-day moving average of $150.04. The firm has a market cap of $3.09 billion, a PE ratio of 30.52 and a beta of 0.90. Buffalo Wild Wings Inc. has a 12-month low of $122.25 and a 12-month high of $172.91.
Buffalo Wild Wings (NASDAQ:BWLD) last issued its earnings results on Wednesday, October 26th. The company reported $1.23 earnings per share for the quarter, hitting the consensus estimate of $1.23. The business had revenue of $494.17 million for the quarter, compared to analyst estimates of $502.24 million. Buffalo Wild Wings had a return on equity of 16.25% and a net margin of 5.26%. The business’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period last year, the company posted $1.00 EPS. Analysts expect that Buffalo Wild Wings Inc. will post $5.58 earnings per share for the current year.
Several brokerages have commented on BWLD. BMO Capital Markets set a $190.00 price objective on Buffalo Wild Wings and gave the company a “buy” rating in a report on Sunday, November 20th. Morgan Stanley reissued an “equal weight” rating and issued a $148.00 price objective (down from $151.00) on shares of Buffalo Wild Wings in a report on Thursday, October 27th. Vetr raised Buffalo Wild Wings from a “sell” rating to a “hold” rating and set a $165.00 price objective on the stock in a report on Tuesday, August 2nd. Raymond James Financial Inc. lowered Buffalo Wild Wings from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 10th. Finally, Barclays PLC dropped their price objective on Buffalo Wild Wings from $182.00 to $176.00 and set an “overweight” rating on the stock in a report on Thursday, October 27th. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $161.25.
In other Buffalo Wild Wings news, VP Lee R. Patterson sold 520 shares of the firm’s stock in a transaction dated Monday, November 14th. The stock was sold at an average price of $163.90, for a total value of $85,228.00. Following the transaction, the vice president now directly owns 5,350 shares of the company’s stock, valued at $876,865. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sally J. Smith sold 1,500 shares of the firm’s stock in a transaction dated Monday, October 17th. The shares were sold at an average price of $141.43, for a total value of $212,145.00. Following the completion of the transaction, the chief executive officer now directly owns 51,243 shares in the company, valued at $7,247,297.49. The disclosure for this sale can be found here. 1.19% of the stock is owned by corporate insiders.
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.