American International Group Inc. Has $4.44 Million Holdings in Buffalo Wild Wings, Inc. (BWLD)

American International Group Inc. reduced its stake in Buffalo Wild Wings, Inc. (NASDAQ:BWLD) by 1.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 41,980 shares of the restaurant operator’s stock after selling 675 shares during the quarter. American International Group Inc. owned approximately 0.27% of Buffalo Wild Wings worth $4,437,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of BWLD. Davidson Investment Advisors lifted its stake in shares of Buffalo Wild Wings by 42.9% in the 3rd quarter. Davidson Investment Advisors now owns 50,741 shares of the restaurant operator’s stock valued at $5,363,000 after purchasing an additional 15,236 shares during the last quarter. Macquarie Group Ltd. acquired a new position in shares of Buffalo Wild Wings in the 3rd quarter valued at $148,000. Commonwealth Equity Services Inc lifted its stake in shares of Buffalo Wild Wings by 54.4% in the 3rd quarter. Commonwealth Equity Services Inc now owns 2,481 shares of the restaurant operator’s stock valued at $262,000 after purchasing an additional 874 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Buffalo Wild Wings by 98.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 20,662 shares of the restaurant operator’s stock valued at $2,184,000 after purchasing an additional 10,271 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Buffalo Wild Wings by 1.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 355,668 shares of the restaurant operator’s stock valued at $37,594,000 after purchasing an additional 5,399 shares during the last quarter. Institutional investors own 92.51% of the company’s stock.

Buffalo Wild Wings, Inc. (BWLD) opened at $156.05 on Wednesday. Buffalo Wild Wings, Inc. has a 12 month low of $95.00 and a 12 month high of $175.10. The company has a current ratio of 0.70, a quick ratio of 0.61 and a debt-to-equity ratio of 1.60. The stock has a market capitalization of $2,414.93, a PE ratio of 35.91, a P/E/G ratio of 1.91 and a beta of 0.90.

Buffalo Wild Wings (NASDAQ:BWLD) last posted its quarterly earnings results on Wednesday, October 25th. The restaurant operator reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.57. The company had revenue of $496.70 million for the quarter, compared to analyst estimates of $500.97 million. Buffalo Wild Wings had a return on equity of 21.39% and a net margin of 3.17%. Buffalo Wild Wings’s revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter last year, the company earned $1.23 EPS. analysts forecast that Buffalo Wild Wings, Inc. will post 4.98 earnings per share for the current year.

Several brokerages have recently commented on BWLD. Telsey Advisory Group upped their price target on Buffalo Wild Wings from $120.00 to $125.00 and gave the company a “market perform” rating in a research note on Thursday, October 26th. Maxim Group upped their price target on Buffalo Wild Wings from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. UBS set a $140.00 price target on Buffalo Wild Wings and gave the company a “buy” rating in a research note on Thursday, October 26th. Robert W. Baird set a $157.00 price target on Buffalo Wild Wings and gave the company a “hold” rating in a research note on Tuesday, November 28th. Finally, Stifel Nicolaus set a $157.00 price target on Buffalo Wild Wings and gave the company a “hold” rating in a research note on Wednesday, November 29th. Two analysts have rated the stock with a sell rating, twenty-three have given a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $144.67.

In other Buffalo Wild Wings news, Director Marcato Capital Management Lp sold 200,094 shares of the stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $155.54, for a total value of $31,122,620.76. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director International Master F. Marcato sold 987,284 shares of the stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $155.57, for a total value of $153,591,771.88. The disclosure for this sale can be found here. 1.19% of the stock is owned by company insiders.

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Buffalo Wild Wings 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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