Dimensional Fund Advisors LP Buys 10,178 Shares of The Buckle, Inc. (NYSE:BKE)

Dimensional Fund Advisors LP increased its position in The Buckle, Inc. (NYSE:BKE - Free Report) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,357,095 shares of the company's stock after purchasing an additional 10,178 shares during the period. Dimensional Fund Advisors LP owned approximately 2.67% of Buckle worth $68,957,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of BKE. PNC Financial Services Group Inc. grew its stake in shares of Buckle by 15.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,756 shares of the company's stock worth $89,000 after acquiring an additional 240 shares in the last quarter. Unison Advisors LLC grew its position 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 in the last quarter. DGS Capital Management LLC increased its stake in Buckle by 6.8% in the 3rd quarter. DGS Capital Management LLC now owns 7,131 shares of the company's stock valued at $314,000 after buying an additional 451 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its stake in Buckle by 1.4% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 32,802 shares of the company's stock valued at $1,666,000 after buying an additional 468 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Buckle by 74.1% during the 4th quarter. Blue Trust Inc. now owns 1,374 shares of the company's stock worth $70,000 after buying an additional 585 shares in the last quarter. Institutional investors and hedge funds own 53.93% of the company's stock.

Analyst Upgrades and Downgrades

BKE has been the subject of a number of research analyst reports. StockNews.com downgraded Buckle from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. UBS Group decreased their target price on Buckle from $43.00 to $41.00 and set a "neutral" rating for the company in a research report on Tuesday, March 18th.

Buckle Stock Performance

BKE traded down $0.32 during midday trading on Tuesday, reaching $35.33. The company had a trading volume of 31,491 shares, compared to its average volume of 453,698. The Buckle, Inc. has a 12-month low of $33.12 and a 12-month high of $54.25. The business has a 50-day moving average price of $36.60 and a two-hundred day moving average price of $43.86. The stock has a market cap of $1.81 billion, a PE ratio of 8.97 and a beta of 0.94.

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

Buckle Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 15th were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 3.96%. The ex-dividend date was Tuesday, April 15th. Buckle's dividend payout ratio (DPR) is presently 36.08%.

Insiders Place Their Bets

In other news, CEO Dennis H. Nelson sold 2,320 shares of the firm's stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of $36.31, for a total value of $84,239.20. Following the completion of the transaction, the chief executive officer now directly owns 1,743,375 shares of the company's stock, valued at $63,301,946.25. This trade represents a 0.13 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 76,011 shares of company stock worth $3,047,788 over the last quarter. 39.80% of the stock is currently owned by company insiders.

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.