Gotham Asset Management LLC Buys Shares of 40,192 Buffalo Wild Wings, Inc. (BWLD)

Gotham Asset Management LLC bought a new stake in shares of Buffalo Wild Wings, Inc. (NASDAQ:BWLD) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 40,192 shares of the restaurant operator’s stock, valued at approximately $5,092,000. Gotham Asset Management LLC owned approximately 0.26% of Buffalo Wild Wings at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in BWLD. BlackRock Inc. raised its position in shares of Buffalo Wild Wings by 21,879.4% during the 1st quarter. BlackRock Inc. now owns 1,722,083 shares of the restaurant operator’s stock valued at $263,048,000 after buying an additional 1,714,248 shares in the last quarter. Clearbridge Investments LLC raised its position in shares of Buffalo Wild Wings by 59.2% during the 1st quarter. Clearbridge Investments LLC now owns 824,911 shares of the restaurant operator’s stock valued at $126,005,000 after buying an additional 306,743 shares in the last quarter. Clearfield Capital Management LP purchased a new stake in shares of Buffalo Wild Wings during the 1st quarter valued at about $23,585,000. Victory Capital Management Inc. raised its position in shares of Buffalo Wild Wings by 35.9% during the 2nd quarter. Victory Capital Management Inc. now owns 300,489 shares of the restaurant operator’s stock valued at $38,071,000 after buying an additional 79,338 shares in the last quarter. Finally, Chilton Investment Co. LLC purchased a new stake in shares of Buffalo Wild Wings during the 2nd quarter valued at about $9,796,000. Hedge funds and other institutional investors own 88.52% of the company’s stock.

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

Buffalo Wild Wings (NASDAQ:BWLD) last posted its quarterly earnings results on Wednesday, July 26th. The restaurant operator reported $0.66 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.35). Buffalo Wild Wings had a return on equity of 17.14% and a net margin of 3.39%. The firm had revenue of $500.00 million for the quarter, compared to analyst estimates of $512.68 million. During the same quarter last year, the firm earned $1.27 EPS. The company’s revenue was up 2.0% on a year-over-year basis. Equities analysts anticipate that Buffalo Wild Wings, Inc. will post $4.47 EPS for the current year.

Several analysts have recently issued reports on BWLD shares. Wedbush restated a “hold” rating on shares of Buffalo Wild Wings in a research report on Friday, September 8th. Deutsche Bank AG restated a “buy” rating and set a $180.00 target price on shares of Buffalo Wild Wings in a research report on Wednesday, June 28th. Cowen and Company restated a “hold” rating and set a $110.00 target price on shares of Buffalo Wild Wings in a research report on Friday, September 1st. Barclays PLC decreased their target price on shares of Buffalo Wild Wings from $177.00 to $165.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 19th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $145.00 target price (down from $175.00) on shares of Buffalo Wild Wings in a research report on Monday, July 10th. Two investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and six have given a buy rating to the company. Buffalo Wild Wings currently has a consensus rating of “Hold” and an average target price of $137.65.

In other news, Director International Master F. Marcato purchased 9,100 shares of the stock in a transaction on Tuesday, August 1st. The stock was bought at an average price of $109.71 per share, for a total transaction of $998,361.00. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.19% of the company’s stock.

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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.

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

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