The Buckle, Inc. (NYSE:BKE) Shares Sold by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL lessened its position in shares of The Buckle, Inc. (NYSE:BKE - Free Report) by 91.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,306 shares of the company's stock after selling 91,672 shares during the quarter. Tudor Investment Corp ET AL's holdings in Buckle were worth $422,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BKE. SBI Securities Co. Ltd. acquired a new stake in Buckle in the 4th quarter worth about $31,000. Smartleaf Asset Management LLC raised its stake in Buckle by 268.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 825 shares of the company's stock valued at $42,000 after purchasing an additional 601 shares during the last quarter. Blue Trust Inc. lifted its holdings in Buckle by 74.1% in the 4th 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. PNC Financial Services Group Inc. boosted its stake in Buckle by 15.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,756 shares of the company's stock worth $89,000 after purchasing an additional 240 shares during the last quarter. Finally, KBC Group NV grew its holdings in shares of Buckle by 72.1% during the fourth quarter. KBC Group NV now owns 1,773 shares of the company's stock worth $90,000 after buying an additional 743 shares in the last quarter. Hedge funds and other institutional investors own 53.93% of the company's stock.

Buckle Trading Down 0.1 %

BKE traded down $0.04 during trading hours on Friday, hitting $36.95. 328,888 shares of the company's stock were exchanged, compared to its average volume of 457,860. The firm has a 50 day moving average of $36.39 and a 200 day moving average of $43.67. The firm has a market cap of $1.89 billion, a P/E ratio of 9.38 and a beta of 0.94. The Buckle, Inc. has a 12-month low of $33.12 and a 12-month high of $54.25.

Buckle (NYSE:BKE - Get Free Report) last issued its quarterly earnings results on Friday, March 14th. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.09. The company had revenue of $379.20 million for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.59 EPS.

Buckle Announces Dividend

The company also recently disclosed 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 of this dividend was Tuesday, April 15th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.79%. Buckle's payout ratio is 36.08%.

Wall Street Analysts Forecast Growth

BKE has been the topic of a number of recent research reports. StockNews.com lowered shares of Buckle from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. UBS Group cut their price objective on Buckle from $43.00 to $41.00 and set a "neutral" rating on the stock in a report on Tuesday, March 18th.

Insider Transactions at Buckle

In other Buckle news, CEO Dennis H. Nelson sold 20,453 shares of Buckle stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $40.86, for a total transaction of $835,709.58. Following the completion of the sale, the chief executive officer now directly owns 1,678,375 shares of the company's stock, valued at $68,578,402.50. The trade was a 1.20 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In the last three months, insiders sold 76,011 shares of company stock valued at $3,047,788. Insiders own 39.00% 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.