12,370 Shares in Buckle, Inc. (The) (NYSE:BKE) Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. purchased a new stake in shares of Buckle, Inc. (The) (NYSE:BKE - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 12,370 shares of the company's stock, valued at approximately $474,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SummerHaven Investment Management LLC raised its holdings in Buckle by 1.4% during the first quarter. SummerHaven Investment Management LLC now owns 21,348 shares of the company's stock worth $818,000 after purchasing an additional 302 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its position in shares of Buckle by 1.4% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 32,802 shares of the company's stock valued at $1,666,000 after purchasing an additional 468 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Buckle by 3.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,566 shares of the company's stock valued at $893,000 after purchasing an additional 571 shares during the period. Optimist Retirement Group LLC raised its stake in shares of Buckle by 6.1% in the 1st quarter. Optimist Retirement Group LLC now owns 10,477 shares of the company's stock worth $401,000 after buying an additional 605 shares in the last quarter. Finally, Caption Management LLC acquired a new stake in shares of Buckle in the fourth quarter valued at $36,000. 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. Wall Street Zen raised Buckle from a "hold" rating to a "buy" rating in a report on Friday, May 23rd. UBS Group restated a "neutral" rating on shares of Buckle in a research report on Wednesday, May 14th.

Insider Activity

In other Buckle news, CEO Dennis H. Nelson sold 20,453 shares of the firm's stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $43.52, for a total value of $890,114.56. Following the completion of the transaction, the chief executive officer directly owned 1,655,204 shares in the company, valued at $72,034,478.08. This trade represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director James E. Shada sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $49.84, for a total transaction of $498,400.00. Following the sale, the director owned 85,352 shares in the company, valued at $4,253,943.68. This represents a 10.49% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 105,046 shares of company stock worth $4,377,425. Corporate insiders own 39.00% of the company's stock.

Buckle Stock Up 1.8%

Buckle stock traded up $0.94 during mid-day trading on Thursday, hitting $52.68. The company's stock had a trading volume of 533,712 shares, compared to its average volume of 428,818. The stock has a market capitalization of $2.70 billion, a P/E ratio of 13.54 and a beta of 1.05. Buckle, Inc. has a twelve month low of $33.12 and a twelve month high of $54.25. The stock's fifty day moving average price is $46.64 and its two-hundred day moving average price is $42.03.

Buckle (NYSE:BKE - Get Free Report) last released 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. The business had revenue of $272.12 million during the quarter, compared to analyst estimates of $264.28 million. Buckle had a return on equity of 43.13% and a net margin of 15.95%. The company's revenue was up 3.7% compared to the same quarter last year. During the same period last year, the company posted $0.70 EPS.

Buckle Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 29th. Shareholders of record on Tuesday, July 15th were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 2.7%. The ex-dividend date was Tuesday, July 15th. Buckle's payout ratio is presently 35.99%.

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.