The Buckle, Inc. (NYSE:BKE) Shares Bought by Barclays PLC

Barclays PLC boosted its stake in shares of The Buckle, Inc. (NYSE:BKE - Free Report) by 31.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 75,666 shares of the company's stock after buying an additional 18,128 shares during the period. Barclays PLC owned 0.15% of Buckle worth $3,844,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of BKE. PNC Financial Services Group Inc. grew its stake in Buckle by 15.8% in 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 last quarter. Unison Advisors LLC grew its position in shares of 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 buying an additional 307 shares during the last quarter. DGS Capital Management LLC raised its stake in shares of 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 in the last quarter. Blue Trust Inc. lifted its position in Buckle by 74.1% during the fourth quarter. Blue Trust Inc. now owns 1,374 shares of the company's stock valued at $70,000 after acquiring an additional 585 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in Buckle by 268.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 825 shares of the company's stock valued at $42,000 after acquiring an additional 601 shares in the last quarter. Institutional investors own 53.93% of the company's stock.

Insider Activity at Buckle

In related news, CEO Dennis H. Nelson sold 20,453 shares of the firm's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $43.42, for a total value of $888,069.26. Following the transaction, the chief executive officer now directly owns 1,698,828 shares of the company's stock, valued at approximately $73,763,111.76. This trade represents a 1.19 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold a total of 76,011 shares of company stock worth $3,047,788 in the last three months. Company insiders own 39.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. StockNews.com cut Buckle from a "buy" rating to a "hold" rating in a research note 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 for the company in a research note on Tuesday, March 18th.

Buckle Trading Down 0.8 %

Shares of BKE stock traded down $0.27 during mid-day trading on Wednesday, reaching $34.77. The stock had a trading volume of 306,177 shares, compared to its average volume of 453,831. The business's fifty day moving average is $37.03 and its 200-day moving average is $44.09. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of 8.82 and a beta of 0.91. The Buckle, Inc. has a 1-year low of $33.12 and a 1-year high of $54.25.

Buckle (NYSE:BKE - Get Free Report) last posted its earnings results on Friday, March 14th. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.44 by $0.09. The company had revenue of $379.20 million during 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 period in the previous year, the firm posted $1.59 earnings per share.

Buckle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 15th were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 4.03%. The ex-dividend date was Tuesday, April 15th. Buckle's dividend payout ratio (DPR) is 36.08%.

Buckle Profile

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.