Legal & General Group Plc Has $1.70 Million Position in Buffalo Wild Wings, Inc. (BWLD)

Legal & General Group Plc raised its position in Buffalo Wild Wings, Inc. (NASDAQ:BWLD) by 18.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,133 shares of the restaurant operator’s stock after buying an additional 1,766 shares during the period. Legal & General Group Plc owned 0.07% of Buffalo Wild Wings worth $1,700,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Tyers Asset Management LLC boosted its stake in Buffalo Wild Wings by 6.3% in the first quarter. Tyers Asset Management LLC now owns 748 shares of the restaurant operator’s stock worth $114,000 after buying an additional 44 shares during the period. Flinton Capital Management LLC boosted its position in Buffalo Wild Wings by 6.3% in the first quarter. Flinton Capital Management LLC now owns 952 shares of the restaurant operator’s stock valued at $146,000 after buying an additional 56 shares during the last quarter. Neuburgh Advisers LLC boosted its position in 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 buying an additional 68 shares during the last quarter. LS Investment Advisors LLC boosted its position in Buffalo Wild Wings by 12.6% in the first quarter. LS Investment Advisors LLC now owns 1,446 shares of the restaurant operator’s stock valued at $221,000 after buying an additional 162 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its position in Buffalo Wild Wings by 12.7% in the first quarter. Pacer Advisors Inc. now owns 1,654 shares of the restaurant operator’s stock valued at $253,000 after buying an additional 186 shares during the last quarter. Institutional investors own 90.42% of the company’s stock.

Buffalo Wild Wings (NASDAQ:BWLD) last released its quarterly earnings data 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. Buffalo Wild Wings had a net margin of 3.39% and a return on equity of 17.14%. The business had revenue of $500 million during the quarter, compared to analyst estimates of $512.68 million. During the same period last year, the business earned $1.27 earnings per share. The business’s quarterly revenue was up 2.0% compared to the same quarter last year.

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Several equities analysts have commented on BWLD shares. UBS AG raised their target price on shares of Buffalo Wild Wings from $170.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, April 21st. Deutsche Bank AG raised shares of Buffalo Wild Wings from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $155.00 to $180.00 in a research note on Monday, May 15th. Finally, Maxim Group upgraded shares of Buffalo Wild Wings from a “hold” rating to a “buy” rating and raised their target price for the stock from $175.00 to $180.00 in a report on Friday, May 19th. Two analysts have rated the stock with a sell rating, eighteen have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $141.78.

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.