2 weeks Ago By Defense World Staff
Sei Investments Co. lifted its stake in The Buckle, Inc. ( NYSE:BKE – Free Report ) by 12.
2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 55,161 shares of the company’s stock after purchasing an additional 5,983 shares during the quarter. Sei Investments Co.
owned 0.11% of Buckle worth $2,803,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other institutional investors have also made changes to their positions in BKE.
American Century Companies Inc. lifted its position in shares of Buckle by 12.0% in the fourth quarter.
American Century Companies Inc. now owns 937,525 shares of the company’s stock worth $47,636,000 after buying an additional 100,173 shares during the last quarter. Blueshift Asset Management LLC bought a new position in shares of Buckle in the 4th quarter valued at approximately $766,000.
Teacher Retirement System of Texas lifted its holdings in Buckle by 442.8% in the 4th quarter. Teacher Retirement System of Texas now owns 190,450 shares of the company’s stock worth $9,677,000 after purchasing an additional 155,366 shares during the last quarter.
Intech Investment Management LLC boosted its position in Buckle by 190.6% during the fourth quarter. Intech Investment Management LLC now owns 74,418 shares of the company’s stock worth $3,781,000 after purchasing an additional 48,811 shares during the period.
Finally, Skandinaviska Enskilda Banken AB publ grew its holdings in Buckle by 18.4% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 219,700 shares of the company’s stock valued at $11,257,000 after purchasing an additional 34,100 shares during the last quarter.
53.93% of the stock is currently owned by institutional investors and hedge funds. Analyst Ratings Changes BKE has been the topic of a number of research analyst reports.
StockNews.com lowered Buckle from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. UBS Group lowered their price objective on shares of Buckle from $43.
00 to $41.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 18th. Buckle Stock Performance BKE opened at $35.
89 on Friday. The firm has a market cap of $1.82 billion, a price-to-earnings ratio of 9.
11 and a beta of 0.91. The firm’s 50-day simple moving average is $40.
89 and its 200-day simple moving average is $45.16. The Buckle, Inc.
has a twelve month low of $33.75 and a twelve month high of $54.25.
Buckle ( NYSE:BKE – Get Free Report ) last issued its quarterly earnings results on Friday, March 14th. The company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.
44 by $0.09. The business had revenue of $379.
20 million for the quarter, compared to the consensus estimate of $378.97 million. Buckle had a net margin of 16.
21% and a return on equity of 44.11%. The firm’s quarterly revenue was down .
8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.59 EPS.
Buckle Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 15th will be paid a dividend of $0.35 per share.
This represents a $1.40 annualized dividend and a yield of 3.90%.
The ex-dividend date of this dividend is Tuesday, April 15th. Buckle’s payout ratio is presently 36.08%.
Insiders Place Their Bets In other Buckle news, CEO Dennis H. Nelson sold 20,453 shares of Buckle stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $51.
57, for a total value of $1,054,761.21. Following the sale, the chief executive officer now owns 1,739,734 shares of the company’s stock, valued at $89,718,082.
38. This trade represents a 1.16 % decrease in their position.
The transaction was disclosed in a document filed with the SEC, which is available through the SEC website . Over the last ninety days, insiders have sold 92,269 shares of company stock worth $3,952,882. Corporate insiders own 39.
80% of the company’s stock. 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.
B. Read More Five stocks we like better than Buckle Best Stocks Under $10.00 Archer Aviation’s Africa Deal Could Boost ACHR Stock Transportation Stocks Investing Are Short Sellers Wrong About These 3 Semiconductor Stocks? When to Sell a Stock for Profit or Loss Boeing Gets $50B in March Orders—Is BA Stock a Buy Now? Want to see what other hedge funds are holding BKE? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for The Buckle, Inc. ( NYSE:BKE – Free Report ). Receive News & Ratings for Buckle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buckle and related companies with MarketBeat.
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