New York State Common Retirement Fund Grows Stock Position in The Buckle, Inc. (NYSE:BKE)

New York State Common Retirement Fund boosted its stake in shares of The Buckle, Inc. (NYSE:BKE - Free Report) by 15.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 226,544 shares of the company's stock after buying an additional 29,787 shares during the quarter. New York State Common Retirement Fund owned approximately 0.45% of Buckle worth $10,765,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in BKE. Pacer Advisors Inc. boosted its position in Buckle by 33.5% during the fourth quarter. Pacer Advisors Inc. now owns 1,148,796 shares of the company's stock worth $54,591,000 after purchasing an additional 288,056 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Buckle by 4.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 919,734 shares of the company's stock worth $30,710,000 after buying an additional 35,543 shares in the last quarter. Impala Asset Management LLC raised its stake in Buckle by 61.0% in the third quarter. Impala Asset Management LLC now owns 476,564 shares of the company's stock valued at $15,912,000 after purchasing an additional 180,581 shares in the last quarter. American Century Companies Inc. raised its stake in Buckle by 11.0% in the third quarter. American Century Companies Inc. now owns 448,685 shares of the company's stock valued at $14,982,000 after purchasing an additional 44,444 shares in the last quarter. Finally, Invesco Ltd. raised its stake in Buckle by 2.5% in the third quarter. Invesco Ltd. now owns 223,649 shares of the company's stock valued at $7,468,000 after purchasing an additional 5,473 shares in the last quarter. Institutional investors own 53.93% of the company's stock.

Wall Street Analyst Weigh In

BKE has been the topic of a number of recent analyst reports. UBS Group downgraded shares of Buckle from a "neutral" rating to a "sell" rating and lowered their target price for the company from $37.00 to $34.00 in a research note on Friday, January 5th. StockNews.com raised shares of Buckle from a "hold" rating to a "buy" rating in a research note on Monday, April 15th.

Buckle Trading Down 0.6 %

Shares of BKE stock traded down $0.23 during trading hours on Wednesday, hitting $37.16. 267,004 shares of the company's stock were exchanged, compared to its average volume of 445,371. The company has a market capitalization of $1.89 billion, a PE ratio of 8.44 and a beta of 1.23. The Buckle, Inc. has a 12-month low of $30.18 and a 12-month high of $48.15. The business's 50 day simple moving average is $38.58 and its 200-day simple moving average is $38.99.

Buckle (NYSE:BKE - Get Free Report) last issued its earnings results on Friday, March 15th. The company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.15. Buckle had a net margin of 17.44% and a return on equity of 50.88%. The firm had revenue of $382.40 million for the quarter, compared to analysts' expectations of $383.63 million. During the same quarter last year, the business earned $1.76 earnings per share. The business's revenue was down 4.8% on a year-over-year basis.

Buckle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 26th. Investors of record on Friday, April 12th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 3.77%. The ex-dividend date of this dividend was Thursday, April 11th. Buckle's dividend payout ratio (DPR) is currently 31.75%.

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.