2 weeks Ago By Defense World Staff
Wells Fargo & Company MN raised its stake in The Buckle, Inc. (NYSE:BKE – Free Report) by 13.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The firm owned 40,532 shares of the company’s stock after acquiring an additional 4,769 shares during the period. Wells Fargo & Company MN owned 0.08% of Buckle worth $2,059,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. increased its holdings in shares of Buckle by 15.
8% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,756 shares of the company’s stock valued at $89,000 after purchasing an additional 240 shares during the period.
Unison Advisors LLC boosted its stake in Buckle by 0.8% in the 4th quarter. Unison Advisors LLC now owns 38,166 shares of the company’s stock worth $1,939,000 after purchasing an additional 307 shares during the period.
DGS Capital Management LLC boosted its position in Buckle by 6.8% during the 3rd quarter. DGS Capital Management LLC now owns 7,131 shares of the company’s stock worth $314,000 after acquiring an additional 451 shares during the period.
Blue Trust Inc. grew its stake in Buckle by 74.1% during the 4th quarter.
Blue Trust Inc. now owns 1,374 shares of the company’s stock valued at $70,000 after acquiring an additional 585 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in shares of Buckle by 268.
3% in the fourth quarter. Smartleaf Asset Management LLC now owns 825 shares of the company’s stock worth $42,000 after purchasing an additional 601 shares in the last quarter. 53.
93% of the stock is owned by institutional investors. Buckle Trading Down 0.6 %Buckle stock opened at $34.
88 on Friday. The Buckle, Inc. has a 1-year low of $33.
12 and a 1-year high of $54.25. The firm’s fifty day simple moving average is $37.
34 and its 200-day simple moving average is $44.17. The company has a market capitalization of $1.
78 billion, a P/E ratio of 8.85 and a beta of 0.91.
Buckle (NYSE:BKE – Get Free Report) last announced its earnings results on Friday, March 14th. The company reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.
44 by $0.09. Buckle had a return on equity of 44.
11% and a net margin of 16.21%. The firm had revenue of $379.
20 million during the quarter, compared to analysts’ expectations of $378.97 million. During the same quarter in the prior year, the business earned $1.
59 earnings per share. The company’s revenue was down .8% on a year-over-year basis.
Buckle Dividend AnnouncementThe company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 15th will be given a $0.35 dividend.
The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.
01%. Buckle’s dividend payout ratio is currently 36.08%.
Wall Street Analyst Weigh InA number of analysts recently issued reports on the company. StockNews.com cut Buckle from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th.
UBS Group lowered their price target on Buckle from $43.00 to $41.00 and set a “neutral” rating for the company in a research note on Tuesday, March 18th.
Get Our Latest Research Report on BKEInsider ActivityIn other Buckle news, CEO Dennis H. Nelson sold 20,453 shares of the company’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $40.
86, for a total transaction of $835,709.58. Following the sale, the chief executive officer now directly owns 1,678,375 shares of the company’s stock, valued at approximately $68,578,402.
50. This represents a 1.20 % decrease in their ownership of the stock.
The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders sold 76,011 shares of company stock worth $3,047,788. 39.
80% of the stock is currently owned by corporate insiders. Buckle Profile (Free Report)The Buckle, Inc operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise primarily comprising BKE, Buckle Black, Salvage, Red by BKE, Daytrip, Gimmicks, Gilded Intent, FITZ + EDDI, Willow & Root, Outpost Makers, Departwest, Sterling & Stitch, Reclaim, BKE Vintage, Nova Industries, J.
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(NYSE:BKE – Free Report)..
