Buffalo Wild Wings (BWLD) : Greenwich Wealth Management scooped up 754 additional shares in Buffalo Wild Wings during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 7,182 shares of Buffalo Wild Wings which is valued at $1,173,539.Buffalo Wild Wings makes up approximately 0.20% of Greenwich Wealth Management’s portfolio.
Other Hedge Funds, Including , United Services Automobile Association reduced its stake in BWLD by selling 3,491 shares or 49.87% in the most recent quarter. The Hedge Fund company now holds 3,509 shares of BWLD which is valued at $573,371. Artisan Partners Limited Partnership sold out all of its stake in BWLD during the most recent quarter. The investment firm sold 55,006 shares of BWLD which is valued $8,718,451. Blackrock Japan Ltd sold out all of its stake in BWLD during the most recent quarter. The investment firm sold 28 shares of BWLD which is valued $4,145. Physicians Financial Services sold out all of its stake in BWLD during the most recent quarter. The investment firm sold 250 shares of BWLD which is valued $36,925. Reilly Financial Advisors added BWLD to its portfolio by purchasing 20 company shares during the most recent quarter which is valued at $2,702.
Buffalo Wild Wings opened for trading at $165.25 and hit $167.3 on the upside on Monday, eventually ending the session at $166.4, with a gain of 1.16% or 1.9 points. The heightened volatility saw the trading volume jump to 4,09,835 shares. Company has a market cap of $3,029 M.
On the company’s financial health, Buffalo Wild Wings reported $1.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Oct 26, 2016. Analyst had a consensus of $1.22. The company had revenue of $494.17 million for the quarter, compared to analysts expectations of $501.12 million. The company’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.00 EPS.
Many Wall Street Analysts have commented on Buffalo Wild Wings. Shares were Reiterated by Barclays on Oct 27, 2016 to “Overweight” and Lowered the Price Target to $ 176 from a previous price target of $182 .Shares were Reiterated by Maxim Group on Sep 30, 2016 to “Hold” and Lowered the Price Target to $ 155 from a previous price target of $170 .Buffalo Wild Wings was Downgraded by Longbow to ” Underperform” on Aug 19, 2016.
Buffalo Wild Wings Inc. is an owner operator and franchisor of restaurants featuring a variety of menu items including its Buffalo New York-style chicken wings. The Company operates Buffalo Wild Wings and Emerging brands (PizzaRev and Rusty Taco) restaurants as well as selling Buffalo Wild Wings and Rusty Taco restaurant franchises. It offers a variety of sauces and seasonings which include Sweet BBQ Teriyaki Mild Medium Honey BBQ Spicy Garlic Buffalo Desert Heat Chipotle BBQ Lemon Pepper and Salt & Vinegar among others. Its menu includes a variety of food items including Sharables Wild Flatbreads specialty hamburgers and sandwiches wraps Buffalito soft tacos and salads. Its restaurants offer domestic and imported beers on tap including craft brews and a selection of bottled beers wines and liquor. It owned and operated approximately 490 company-owned restaurants.