Cwm LLC Acquires 1,715 Shares of The Buckle, Inc. (NYSE:BKE)

Cwm LLC grew its holdings in The Buckle, Inc. (NYSE:BKE) by 85.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,725 shares of the company’s stock after purchasing an additional 1,715 shares during the quarter. Cwm LLC’s holdings in Buckle were worth $164,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Buckle by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 4,287,797 shares of the company’s stock valued at $203,756,000 after buying an additional 55,192 shares during the period. Denali Advisors LLC increased its stake in shares of Buckle by 2.8% in the 1st quarter. Denali Advisors LLC now owns 114,350 shares of the company’s stock valued at $4,605,000 after acquiring an additional 3,100 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of Buckle by 1.9% during the 1st quarter. Principal Financial Group Inc. now owns 171,114 shares of the company’s stock valued at $6,891,000 after acquiring an additional 3,150 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Buckle by 35.4% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 23,908 shares of the company’s stock valued at $885,000 after acquiring an additional 6,245 shares during the period. Finally, BNP Paribas Financial Markets boosted its stake in Buckle by 67.9% during the first quarter. BNP Paribas Financial Markets now owns 110,875 shares of the company’s stock worth $4,465,000 after acquiring an additional 44,850 shares in the last quarter. Institutional investors own 53.93% of the company’s stock.

Buckle Stock Down 0.7 %

Shares of NYSE:BKE opened at $42.61 on Thursday. The Buckle, Inc. has a twelve month low of $32.16 and a twelve month high of $48.15. The stock’s 50 day moving average is $42.70 and its 200-day moving average is $39.63. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of 10.05 and a beta of 1.13.

Buckle (NYSE:BKE) last released its quarterly earnings data on Friday, August 23rd. The company reported $0.78 earnings per share 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 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 25th. Shareholders of record on Friday, October 11th will be paid a dividend of $0.35 per share. The ex-dividend date is Friday, October 11th. This represents a $1.40 dividend on an annualized basis and a yield of 3.29%. Buckle’s dividend payout ratio (DPR) is currently 33.02%.

Insiders Place Their Bets

In other news, CEO Dennis H. Nelson sold 900 shares of the firm’s stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $40.33, for a total value of $36,297.00. Following the transaction, the chief executive officer now owns 1,949,477 shares in the company, valued at $78,622,407.41. This trade represents a 0.00 % 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 hyperlink. In other Buckle news, CEO Dennis H. Nelson sold 20,453 shares of the stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $44.35, for a total value of $907,090.55. Following the completion of the sale, the chief executive officer now owns 1,883,905 shares in the company, valued at approximately $83,551,186.75. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Dennis H. Nelson sold 900 shares of the company’s stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $40.33, for a total value of $36,297.00. Following the completion of the transaction, the chief executive officer now directly owns 1,949,477 shares of the company’s stock, valued at approximately $78,622,407.41. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 159,205 shares of company stock valued at $6,665,901. Corporate insiders own 39.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. UBS Group decreased their price target on shares of Buckle from $32.00 to $31.00 and set a “sell” rating for the company in a research note on Monday, August 26th. StockNews.com lowered Buckle from a “buy” rating to a “hold” rating in a research report on Friday, August 2nd.

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.