8,220 Shares in The Buckle, Inc. (NYSE:BKE) Bought by SkyOak Wealth LLC

SkyOak Wealth LLC bought a new position in shares of The Buckle, Inc. (NYSE:BKE) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 8,220 shares of the company’s stock, valued at approximately $304,000.

A number of other institutional investors and hedge funds have also bought and sold shares of BKE. TFO Wealth Partners LLC increased its position in Buckle by 60,000.0% during the fourth quarter. TFO Wealth Partners LLC now owns 601 shares of the company’s stock worth $29,000 after acquiring an additional 600 shares during the period. Quadrant Capital Group LLC increased its position in Buckle by 527.4% during the fourth quarter. Quadrant Capital Group LLC now owns 985 shares of the company’s stock worth $47,000 after acquiring an additional 828 shares during the period. EntryPoint Capital LLC bought a new position in Buckle during the first quarter worth $70,000. CWM LLC increased its position in Buckle by 119.9% during the second quarter. CWM LLC now owns 2,010 shares of the company’s stock worth $74,000 after acquiring an additional 1,096 shares during the period. Finally, Newbridge Financial Services Group Inc. bought a new position in Buckle during the fourth quarter worth $103,000. Institutional investors own 53.93% of the company’s stock.

Wall Street Analysts Forecast Growth

BKE has been the topic of a number of research reports. StockNews.com lowered shares of Buckle from a “buy” rating to a “hold” rating in a research report on Friday, August 2nd. UBS Group lowered their price target on shares of Buckle from $32.00 to $31.00 and set a “sell” rating on the stock in a report on Monday, August 26th.

Buckle Price Performance

Shares of Buckle stock opened at $44.05 on Thursday. The firm has a market capitalization of $2.24 billion, a PE ratio of 10.39 and a beta of 1.13. The company’s fifty day moving average price is $41.18 and its two-hundred day moving average price is $38.87. The Buckle, Inc. has a 52-week low of $30.31 and a 52-week high of $48.15.

Buckle (NYSE:BKE) last announced its quarterly earnings results on Friday, August 23rd. The company reported $0.78 earnings per share (EPS) for the quarter. The firm had revenue of $282.39 million for the quarter. Buckle had a net margin of 16.69% and a return on equity of 46.17%.

Buckle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 25th. Investors of record on Friday, October 11th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date is Friday, October 11th. Buckle’s dividend payout ratio (DPR) is currently 33.02%.

Insider Buying and Selling

In related news, Director John P. Peetz sold 2,500 shares of the stock in a transaction dated Tuesday, July 16th. The shares were sold at an average price of $40.26, for a total transaction of $100,650.00. Following the completion of the sale, the director now owns 24,623 shares in the company, valued at approximately $991,321.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director John P. Peetz sold 2,500 shares of the stock in a transaction dated Tuesday, July 16th. The shares were sold at an average price of $40.26, for a total transaction of $100,650.00. Following the completion of the sale, the director now owns 24,623 shares in the company, valued at approximately $991,321.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Dennis H. Nelson sold 900 shares of the stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $40.33, for a total transaction of $36,297.00. Following the sale, the chief executive officer now owns 1,949,477 shares of the company’s stock, valued at approximately $78,622,407.41. The disclosure for this sale can be found here. Insiders sold 100,346 shares of company stock worth $4,126,478 in the last quarter. 39.80% of the stock is owned by corporate insiders.

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.