Amalgamated Bank Has $311,000 Stake in Buffalo Wild Wings, Inc. (BWLD)

Amalgamated Bank reduced its stake in shares of Buffalo Wild Wings, Inc. (NASDAQ:BWLD) by 0.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,457 shares of the restaurant operator’s stock after selling 20 shares during the period. Amalgamated Bank’s holdings in Buffalo Wild Wings were worth $311,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its position in shares of Buffalo Wild Wings by 0.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 350,269 shares of the restaurant operator’s stock valued at $44,378,000 after buying an additional 2,701 shares in the last quarter. Pacad Investment Ltd. lifted its position in shares of Buffalo Wild Wings by 23.7% during the 2nd quarter. Pacad Investment Ltd. now owns 9,400 shares of the restaurant operator’s stock valued at $1,191,000 after buying an additional 1,800 shares in the last quarter. Stifel Financial Corp lifted its position in shares of Buffalo Wild Wings by 15.2% during the 1st quarter. Stifel Financial Corp now owns 3,749 shares of the restaurant operator’s stock valued at $574,000 after buying an additional 495 shares in the last quarter. Creative Planning lifted its position in shares of Buffalo Wild Wings by 17.8% during the 2nd 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. Finally, Wellington Management Group LLP lifted its position in shares of Buffalo Wild Wings by 29.7% during the 1st quarter. Wellington Management Group LLP now owns 79,266 shares of the restaurant operator’s stock valued at $12,108,000 after buying an additional 18,141 shares in the last quarter. 88.52% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have recently weighed in on the company. Stephens cut Buffalo Wild Wings from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $195.00 to $145.00 in a research report on Wednesday, July 5th. Deutsche Bank AG reaffirmed a “buy” rating and set a $180.00 price objective on shares of Buffalo Wild Wings in a research report on Wednesday, June 28th. TheStreet cut Buffalo Wild Wings from a “b-” rating to a “c” rating in a research report on Thursday, June 22nd. Canaccord Genuity lowered their price objective on Buffalo Wild Wings from $160.00 to $135.00 and set a “hold” rating on the stock in a research report on Friday, July 7th. Finally, UBS AG reaffirmed a “buy” rating and set a $175.00 price objective on shares of Buffalo Wild Wings in a research report on Monday, July 10th. Two research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and six have issued a buy rating to the stock. Buffalo Wild Wings presently has a consensus rating of “Hold” and a consensus price target of $138.40.

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In other news, Director International Master F. Marcato bought 9,100 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The shares were acquired at an average cost of $109.71 per share, with a total value of $998,361.00. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.19% of the company’s stock.

Buffalo Wild Wings, Inc. (BWLD) opened at 102.30 on Wednesday. The stock’s 50 day moving average price is $103.81 and its 200 day moving average price is $129.51. Buffalo Wild Wings, Inc. has a 52-week low of $95.00 and a 52-week high of $175.10. The company has a market cap of $1.59 billion, a P/E ratio of 25.91 and a beta of 0.83.

Buffalo Wild Wings (NASDAQ:BWLD) last issued its earnings results on Wednesday, July 26th. The restaurant operator reported $0.66 earnings per share for the quarter, missing the consensus estimate of $1.01 by ($0.35). The firm had revenue of $500.00 million during the quarter, compared to analysts’ expectations of $512.68 million. Buffalo Wild Wings had a return on equity of 17.14% and a net margin of 3.39%. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period last year, the business posted $1.27 earnings per share. Analysts expect that Buffalo Wild Wings, Inc. will post $4.47 earnings per share for the current year.

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.

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

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