Buffalo Wild Wings, Inc. (NASDAQ:BWLD) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $99.15 and last traded at $98.90, with a volume of 224,055 shares. The stock had previously closed at $101.40.

Several brokerages have issued reports on BWLD. Deutsche Bank AG set a $180.00 target price on shares of Buffalo Wild Wings and gave the stock a “buy” rating in a report on Sunday, May 28th. UBS AG reaffirmed a “buy” rating and issued a $175.00 target price (down from $185.00) on shares of Buffalo Wild Wings in a report on Monday, June 12th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $150.00 target price (down from $155.00) on shares of Buffalo Wild Wings in a report on Monday, June 5th. Wedbush raised shares of Buffalo Wild Wings from an “underperform” rating to a “neutral” rating and set a $115.00 target price for the company in a report on Thursday, July 20th. Finally, Stephens reaffirmed an “equal weight” rating and issued a $145.00 target price on shares of Buffalo Wild Wings in a report on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, eighteen have given a hold rating and seven have given a buy rating to the company’s stock. Buffalo Wild Wings currently has a consensus rating of “Hold” and a consensus target price of $142.55.

The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 24.99 and a beta of 0.86. The firm has a 50-day moving average price of $112.00 and a 200-day moving average price of $138.99.

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 million for the quarter, compared to analyst estimates of $512.68 million. Buffalo Wild Wings had a return on equity of 17.14% and a net margin of 3.39%. Buffalo Wild Wings’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.27 EPS. Equities research analysts anticipate that Buffalo Wild Wings, Inc. will post $4.53 EPS for the current year.

In other news, Director International Master F. Marcato acquired 9,100 shares of the company’s stock in a transaction dated Tuesday, August 1st. The shares were acquired at an average price of $109.71 per share, with a total value of $998,361.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 1.19% of the stock is owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. grew its stake in Buffalo Wild Wings by 21,879.4% in the 1st quarter. BlackRock Inc. now owns 1,722,083 shares of the restaurant operator’s stock valued at $263,048,000 after acquiring an additional 1,714,248 shares during the period. Vanguard Group Inc. grew its stake in Buffalo Wild Wings by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 1,409,524 shares of the restaurant operator’s stock valued at $215,305,000 after acquiring an additional 6,256 shares during the period. Clearbridge Investments LLC grew its stake in Buffalo Wild Wings by 59.2% in the 1st quarter. Clearbridge Investments LLC now owns 824,911 shares of the restaurant operator’s stock valued at $126,005,000 after acquiring an additional 306,743 shares during the period. Alliancebernstein L.P. grew its stake in Buffalo Wild Wings by 6.6% in the 2nd quarter. Alliancebernstein L.P. now owns 655,269 shares of the restaurant operator’s stock valued at $83,023,000 after acquiring an additional 40,406 shares during the period. Finally, Koch Industries Inc. acquired a new stake in Buffalo Wild Wings in the 2nd quarter valued at $618,000. 89.21% of the stock is currently owned by hedge funds and other institutional investors.

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About Buffalo Wild Wings

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.