Capital Fund Management S.A. Purchases 22,116 Shares of The Buckle, Inc. (NYSE:BKE)

Capital Fund Management S.A. increased its stake in shares of The Buckle, Inc. (NYSE:BKE - Free Report) by 189.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,772 shares of the company's stock after buying an additional 22,116 shares during the quarter. Capital Fund Management S.A. owned 0.07% of Buckle worth $1,716,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Teacher Retirement System of Texas lifted its holdings in Buckle by 442.8% during the fourth quarter. Teacher Retirement System of Texas now owns 190,450 shares of the company's stock worth $9,677,000 after acquiring an additional 155,366 shares in the last quarter. American Century Companies Inc. grew its position in Buckle by 12.0% during the 4th quarter. American Century Companies Inc. now owns 937,525 shares of the company's stock worth $47,636,000 after acquiring an additional 100,173 shares during the last quarter. Norges Bank bought a new position in shares of Buckle during the fourth quarter worth about $4,909,000. Amundi grew its position in shares of Buckle by 4,016.8% during the 4th quarter. Amundi now owns 75,297 shares of the company's stock worth $3,787,000 after buying an additional 73,468 shares during the period. Finally, State Street Corp lifted its holdings in shares of Buckle by 5.7% in the 3rd quarter. State Street Corp now owns 1,338,395 shares of the company's stock worth $58,849,000 after purchasing an additional 72,532 shares in the last quarter. Institutional investors own 53.93% of the company's stock.

Analysts Set New Price Targets

BKE has been the topic of a number of recent research reports. UBS Group dropped their price target on Buckle from $43.00 to $41.00 and set a "neutral" rating on the stock in a research report on Tuesday, March 18th. StockNews.com lowered shares of Buckle from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th.

Insider Activity at Buckle

In related news, CEO Dennis H. Nelson sold 20,453 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $40.86, for a total transaction of $835,709.58. Following the completion of the transaction, the chief executive officer now owns 1,678,375 shares in the company, valued at $68,578,402.50. The trade was a 1.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold a total of 74,036 shares of company stock valued at $2,977,557 over the last quarter. Insiders own 39.80% of the company's stock.

Buckle Stock Down 2.7 %

BKE stock traded down $0.94 during trading on Monday, hitting $33.67. The company had a trading volume of 43,621 shares, compared to its average volume of 448,159. The Buckle, Inc. has a 52-week low of $33.12 and a 52-week high of $54.25. The company has a 50 day simple moving average of $38.18 and a 200-day simple moving average of $44.47. The firm has a market capitalization of $1.72 billion, a P/E ratio of 8.56 and a beta of 0.91.

Buckle (NYSE:BKE - Get Free Report) last announced its quarterly earnings results on Friday, March 14th. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.09. The company had revenue of $379.20 million for the quarter, compared to the consensus estimate of $378.97 million. Buckle had a return on equity of 44.11% and a net margin of 16.21%. The firm's revenue for the quarter was down .8% compared to the same quarter last year. During the same period last year, the firm earned $1.59 EPS.

Buckle Dividend Announcement

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 given a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $1.40 annualized dividend and a dividend yield of 4.16%. Buckle's dividend payout ratio is presently 36.08%.

About Buckle

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.