Buffalo Wild Wings, Inc. (BWLD) Stake Boosted by Seven Eight Capital LP

Seven Eight Capital LP grew its position in Buffalo Wild Wings, Inc. (NASDAQ:BWLD) by 3,274.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,813 shares of the restaurant operator’s stock after purchasing an additional 3,700 shares during the quarter. Seven Eight Capital LP’s holdings in Buffalo Wild Wings were worth $483,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Suntrust Banks Inc. raised its position in shares of Buffalo Wild Wings by 0.5% in the first quarter. Suntrust Banks Inc. now owns 2,451 shares of the restaurant operator’s stock valued at $374,000 after purchasing an additional 12 shares during the period. Neuburgh Advisers LLC raised its position in shares of Buffalo Wild Wings by 6.3% in the first quarter. Neuburgh Advisers LLC now owns 1,156 shares of the restaurant operator’s stock valued at $177,000 after purchasing an additional 68 shares during the period. Public Employees Retirement System of Ohio raised its position in shares of Buffalo Wild Wings by 10.9% in the first quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock valued at $117,000 after purchasing an additional 75 shares during the period. Oregon Public Employees Retirement Fund raised its position in shares of Buffalo Wild Wings by 1.6% in the first quarter. Oregon Public Employees Retirement Fund now owns 6,423 shares of the restaurant operator’s stock valued at $981,000 after purchasing an additional 100 shares during the period. Finally, 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 purchasing an additional 131 shares during the period. 88.52% of the stock is currently owned by institutional investors.

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A number of equities analysts have recently commented on the stock. UBS AG reissued a “buy” rating and issued a $175.00 price target (down previously 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. Mizuho assumed coverage on shares of Buffalo Wild Wings in a research report on Thursday, June 8th. They issued a “neutral” rating and a $150.00 price target on the stock. Barclays PLC dropped their price target on shares of Buffalo Wild Wings from $165.00 to $144.00 and set an “overweight” rating on the stock in a research report on Thursday, July 27th. Finally, Oppenheimer Holdings, Inc. reissued a “buy” rating and issued a $135.00 price target on shares of Buffalo Wild Wings in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $141.67.

In related news, Director International Master F. Marcato bought 9,100 shares of Buffalo Wild Wings stock in a transaction dated Tuesday, August 1st. The shares were bought at an average cost of $109.71 per share, with a total value of $998,361.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.19% of the company’s stock.

Buffalo Wild Wings, Inc. (NASDAQ BWLD) opened at 107.125 on Monday. The company has a market capitalization of $1.66 billion, a PE ratio of 27.134 and a beta of 0.86. The firm’s 50 day moving average price is $106.68 and its 200-day moving average price is $135.43. Buffalo Wild Wings, Inc. has a one year low of $95.00 and a one year high of $175.10.

Buffalo Wild Wings (NASDAQ:BWLD) last issued its quarterly earnings data on Wednesday, July 26th. The restaurant operator reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.35). The firm had revenue of $500.00 million during the quarter, compared to analyst estimates of $512.68 million. Buffalo Wild Wings had a net margin of 3.39% and a return on equity of 17.14%. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.27 earnings per share. Equities analysts forecast that Buffalo Wild Wings, Inc. will post $4.53 earnings per share for the current fiscal year.

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)

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