Universal Beteiligungs und Servicegesellschaft mbH Invests $380,000 in Buckle, Inc. (The) (NYSE:BKE)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Buckle, Inc. (The) (NYSE:BKE - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,908 shares of the company's stock, valued at approximately $380,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Buckle by 12.6% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,377 shares of the company's stock worth $926,000 after buying an additional 2,727 shares during the period. Principal Financial Group Inc. grew its holdings in Buckle by 2.3% during the 1st quarter. Principal Financial Group Inc. now owns 165,324 shares of the company's stock worth $6,335,000 after acquiring an additional 3,688 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Buckle by 21.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,253 shares of the company's stock worth $623,000 after acquiring an additional 2,127 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Buckle by 3.4% in 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. Finally, GAMMA Investing LLC grew its stake in Buckle by 13,565.4% during the first quarter. GAMMA Investing LLC now owns 18,585 shares of the company's stock worth $712,000 after purchasing an additional 18,449 shares during the period. 53.93% of the stock is owned by institutional investors and hedge funds.

Buckle Trading Up 2.6%

NYSE BKE traded up $1.32 during trading hours on Wednesday, hitting $51.72. The company's stock had a trading volume of 381,254 shares, compared to its average volume of 532,926. The company has a market capitalization of $2.65 billion, a PE ratio of 13.30 and a beta of 1.05. Buckle, Inc. has a 52 week low of $33.12 and a 52 week high of $54.25. The company's 50-day simple moving average is $46.27 and its two-hundred day simple moving average is $41.94.

Buckle (NYSE:BKE - Get Free Report) last released its quarterly earnings results on Friday, May 23rd. The company reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.65 by $0.05. Buckle had a net margin of 15.95% and a return on equity of 43.13%. The company had revenue of $272.12 million for the quarter, compared to analyst estimates of $264.28 million. During the same period last year, the firm earned $0.70 earnings per share. The firm's revenue was up 3.7% on a year-over-year basis.

Buckle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 29th. Shareholders of record on Tuesday, July 15th were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, July 15th. Buckle's dividend payout ratio (DPR) is currently 35.99%.

Wall Street Analyst Weigh In

Several analysts have recently commented on BKE shares. UBS Group reaffirmed a "neutral" rating on shares of Buckle in a research report on Wednesday, May 14th. Wall Street Zen upgraded shares of Buckle from a "hold" rating to a "buy" rating in a report on Friday, May 23rd.

Insiders Place Their Bets

In other Buckle news, CEO Dennis H. Nelson sold 20,453 shares of the company's stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $43.52, for a total transaction of $890,114.56. Following the sale, the chief executive officer directly owned 1,655,204 shares of the company's stock, valued at $72,034,478.08. This represents a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director James E. Shada sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $49.84, for a total transaction of $498,400.00. Following the completion of the transaction, the director directly owned 85,352 shares of the company's stock, valued at approximately $4,253,943.68. This trade represents a 10.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 105,046 shares of company stock valued at $4,377,425 over the last three months. Company insiders own 39.80% of the company's stock.

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.