Signaturefd LLC Buys 624 Shares of The Buckle, Inc. (NYSE:BKE)

Signaturefd LLC increased its stake in shares of The Buckle, Inc. (NYSE:BKE) by 38.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,236 shares of the company’s stock after acquiring an additional 624 shares during the quarter. Signaturefd LLC’s holdings in Buckle were worth $98,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BKE. Pacer Advisors Inc. boosted its position in shares of Buckle by 4.5% during the second quarter. Pacer Advisors Inc. now owns 2,100,398 shares of the company’s stock worth $77,589,000 after acquiring an additional 90,190 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Buckle by 14.0% during the second quarter. American Century Companies Inc. now owns 716,090 shares of the company’s stock worth $26,452,000 after acquiring an additional 87,690 shares during the last quarter. Edgestream Partners L.P. bought a new position in shares of Buckle during the first quarter worth $3,073,000. Vanguard Group Inc. boosted its position in shares of Buckle by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 4,287,797 shares of the company’s stock worth $203,756,000 after acquiring an additional 55,192 shares during the last quarter. Finally, Impala Asset Management LLC boosted its position in shares of Buckle by 27.4% during the second quarter. Impala Asset Management LLC now owns 254,727 shares of the company’s stock worth $9,410,000 after acquiring an additional 54,727 shares during the last quarter. Institutional investors own 53.93% of the company’s stock.

Insider Activity

In other news, CEO Dennis H. Nelson sold 900 shares of the stock in a transaction 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 sale, the chief executive officer now 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, CEO Dennis H. Nelson sold 15,340 shares of Buckle stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $37.80, for a total transaction of $579,852.00. Following the completion of the sale, the chief executive officer now owns 1,950,377 shares in the company, valued at $73,724,250.60. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Dennis H. Nelson sold 900 shares of Buckle stock in a transaction dated Wednesday, August 7th. The shares were 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 $78,622,407.41. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 138,718 shares of company stock valued at $5,819,174. 39.80% of the stock is currently owned by company insiders.

Analyst Ratings Changes

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

Buckle Stock Up 1.7 %

BKE stock opened at $43.10 on Tuesday. The Buckle, Inc. has a 52 week low of $32.16 and a 52 week high of $48.15. The company has a fifty day simple moving average of $42.74 and a two-hundred day simple moving average of $39.75. The firm has a market capitalization of $2.19 billion, a P/E ratio of 10.17 and a beta of 1.13.

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

Buckle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Friday, October 11th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 3.25%. The ex-dividend date was Friday, October 11th. Buckle’s dividend payout ratio is currently 33.02%.

Buckle Company Profile

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.