Russell Investments Group Ltd. Has $1.32 Million Stake in Buffalo Wild Wings, Inc. (BWLD)

Russell Investments Group Ltd. increased its holdings in Buffalo Wild Wings, Inc. (NASDAQ:BWLD) by 12.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,391 shares of the restaurant operator’s stock after buying an additional 1,143 shares during the period. Russell Investments Group Ltd. owned 0.06% of Buffalo Wild Wings worth $1,317,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First Midwest Bank Trust Division raised its position in shares of Buffalo Wild Wings by 14.5% in the second quarter. First Midwest Bank Trust Division now owns 9,280 shares of the restaurant operator’s stock valued at $1,176,000 after buying an additional 1,172 shares in the last quarter. Legato Capital Management LLC raised its position in shares of Buffalo Wild Wings by 1,598.4% in the second quarter. Legato Capital Management LLC now owns 10,479 shares of the restaurant operator’s stock valued at $1,328,000 after buying an additional 9,862 shares in the last quarter. LS Investment Advisors LLC raised its position in shares of Buffalo Wild Wings by 9.1% in the second quarter. LS Investment Advisors LLC now owns 1,577 shares of the restaurant operator’s stock valued at $200,000 after buying an additional 131 shares in the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of Buffalo Wild Wings by 4.0% in the second quarter. Oregon Public Employees Retirement Fund now owns 6,677 shares of the restaurant operator’s stock valued at $846,000 after buying an additional 254 shares in the last quarter. Finally, Creative Planning raised its position in shares of Buffalo Wild Wings by 17.8% in the second quarter. Creative Planning now owns 4,968 shares of the restaurant operator’s stock valued at $629,000 after buying an additional 750 shares in the last quarter. Institutional investors own 89.21% of the company’s stock.

In related news, Director International Master F. Marcato purchased 9,100 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The shares were purchased at an average price of $109.71 per share, with a total value of $998,361.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 1.19% of the stock is owned by corporate insiders.

A number of equities research analysts have recently weighed in on BWLD shares. UBS AG reiterated a “buy” rating and issued a $175.00 price target (down from $185.00) on shares of Buffalo Wild Wings in a research report on Monday, June 12th. Deutsche Bank AG set a $180.00 price target on shares of Buffalo Wild Wings and gave the company a “buy” rating in a research report on Sunday, May 28th. Finally, Maxim Group upgraded shares of Buffalo Wild Wings from a “hold” rating to a “buy” rating and lifted their price target for the company from $175.00 to $180.00 in a research report on Friday, May 19th. Two analysts have rated the stock with a sell rating, seventeen have issued a hold rating and seven have given a buy rating to the stock. Buffalo Wild Wings has a consensus rating of “Hold” and an average price target of $141.67.

Buffalo Wild Wings, Inc. (NASDAQ BWLD) traded up 2.02% during mid-day trading on Friday, hitting $98.40. 525,637 shares of the company’s stock were exchanged. The stock has a market cap of $1.53 billion, a PE ratio of 24.92 and a beta of 0.86. Buffalo Wild Wings, Inc. has a 12 month low of $95.00 and a 12 month high of $175.10. The stock’s 50 day moving average price is $108.99 and its 200-day moving average price is $137.29.

Buffalo Wild Wings (NASDAQ:BWLD) last issued its quarterly earnings results on Wednesday, July 26th. The restaurant operator reported $0.66 EPS for the quarter, missing the Zacks’ consensus estimate of $1.01 by $0.35. The company had revenue of $500 million during the quarter, compared to the consensus estimate of $512.68 million. Buffalo Wild Wings had a return on equity of 17.14% and a net margin of 3.39%. Buffalo Wild Wings’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.27 EPS. Equities analysts expect that Buffalo Wild Wings, Inc. will post $4.53 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This story was first reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this story on another site, it was copied illegally and reposted in violation of United States and international copyright & trademark law. The original version of this story can be viewed at https://sportsperspectives.com/2017/09/10/russell-investments-group-ltd-has-1-32-million-stake-in-buffalo-wild-wings-inc-bwld.html.

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.

Institutional Ownership by Quarter for Buffalo Wild Wings (NASDAQ:BWLD)

Receive News & Ratings for Buffalo Wild Wings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buffalo Wild Wings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply