Deutsche Bank AG Has $1.67 Million Position in The Buckle, Inc. (NYSE:BKE)

Deutsche Bank AG raised its holdings in The Buckle, Inc. (NYSE:BKE - Free Report) by 80.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,888 shares of the company's stock after purchasing an additional 14,712 shares during the period. Deutsche Bank AG owned 0.06% of Buckle worth $1,671,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of BKE. SBI Securities Co. Ltd. acquired a new stake in Buckle during the 4th quarter valued at $31,000. Caption Management LLC bought a new stake in shares of Buckle in the 4th quarter worth approximately $36,000. Smartleaf Asset Management LLC increased 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 acquiring an additional 601 shares in the last quarter. Bellwether Advisors LLC purchased a new position in shares of Buckle in the fourth quarter worth approximately $43,000. Finally, Blue Trust Inc. grew 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 purchasing an additional 585 shares in the last quarter. Hedge funds and other institutional investors own 53.93% of the company's stock.

Insider Transactions at Buckle

In other news, CEO Dennis H. Nelson sold 30,678 shares of the company's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $40.57, for a total value of $1,244,606.46. Following the completion of the transaction, the chief executive officer now owns 1,675,657 shares of the company's stock, valued at $67,981,404.49. This represents a 1.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last 90 days, insiders sold 109,698 shares of company stock valued at $4,312,919. 39.00% of the stock is currently owned by insiders.

Buckle Stock Performance

Shares of BKE stock traded down $0.08 during midday trading on Thursday, hitting $43.08. 78,422 shares of the company were exchanged, compared to its average volume of 566,166. The Buckle, Inc. has a 52 week low of $33.12 and a 52 week high of $54.25. The firm has a market capitalization of $2.20 billion, a P/E ratio of 10.93 and a beta of 0.94. The firm's 50 day moving average price is $37.32 and its two-hundred day moving average price is $43.44.

Buckle (NYSE:BKE - Get Free Report) last posted its quarterly earnings data on Friday, May 23rd. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.05. Buckle had a net margin of 16.21% and a return on equity of 44.11%. The business had revenue of $272.12 million during the quarter, compared to analysts' expectations of $264.28 million. During the same quarter in the prior year, the business posted $0.70 earnings per share. Buckle's revenue was up 3.7% compared to the same quarter last year.

Buckle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 15th were issued a $0.35 dividend. The ex-dividend date was Tuesday, April 15th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.25%. Buckle's dividend payout ratio (DPR) is currently 36.08%.

Wall Street Analysts Forecast Growth

BKE has been the subject of a number of research reports. UBS Group reissued a "neutral" rating on shares of Buckle in a report on Wednesday, May 14th. Wall Street Zen upgraded shares of Buckle from a "hold" rating to a "buy" rating in a research report on Friday, May 23rd.

Buckle Company 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.