14,600 Shares in The Buckle, Inc. (NYSE:BKE) Bought by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in The Buckle, Inc. (NYSE:BKE) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 14,600 shares of the company’s stock, valued at approximately $539,000.

Other institutional investors also recently bought and sold shares of the company. Creative Planning raised its stake in Buckle by 18.3% during the 2nd quarter. Creative Planning now owns 16,777 shares of the company’s stock valued at $620,000 after acquiring an additional 2,594 shares during the last quarter. Impala Asset Management LLC lifted its holdings 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 purchasing an additional 54,727 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in shares of Buckle by 3.7% during the second quarter. The Manufacturers Life Insurance Company now owns 18,133 shares of the company’s stock worth $670,000 after purchasing an additional 655 shares during the period. Evergreen Capital Management LLC increased its stake in Buckle by 73.2% in the 2nd quarter. Evergreen Capital Management LLC now owns 9,705 shares of the company’s stock valued at $359,000 after buying an additional 4,101 shares during the period. Finally, Public Sector Pension Investment Board raised its position in Buckle by 10.8% during the 2nd quarter. Public Sector Pension Investment Board now owns 66,343 shares of the company’s stock worth $2,451,000 after buying an additional 6,466 shares during the last quarter. 53.93% of the stock is currently owned by institutional investors and hedge funds.

Buckle Stock Performance

NYSE:BKE opened at $42.09 on Wednesday. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 9.93 and a beta of 1.13. The Buckle, Inc. has a 1 year low of $31.68 and a 1 year high of $48.15. The stock has a fifty day moving average price of $42.20 and a two-hundred day moving average price of $39.35.

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

Buckle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 25th. Investors of record on Friday, October 11th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date is Friday, October 11th. Buckle’s dividend payout ratio is currently 33.02%.

Insider Activity

In other news, Director John P. Peetz sold 2,500 shares of Buckle stock in a transaction on Tuesday, July 16th. The stock was sold at an average price of $40.26, for a total transaction of $100,650.00. Following the completion of the transaction, the director now owns 24,623 shares of the company’s stock, valued at $991,321.98. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, Director John P. Peetz sold 2,500 shares of the stock in a transaction that occurred on Tuesday, July 16th. The shares were sold at an average price of $40.26, for a total value of $100,650.00. Following the sale, the director now directly owns 24,623 shares in the company, valued at $991,321.98. This 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 the SEC website. Also, CEO Dennis H. Nelson sold 24,666 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $42.44, for a total transaction of $1,046,825.04. Following the transaction, the chief executive officer now directly owns 1,924,811 shares of the company’s stock, valued at approximately $81,688,978.84. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 141,252 shares of company stock worth $5,887,072 over the last 90 days. 39.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. UBS Group lowered their target price 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. StockNews.com cut Buckle from a “buy” rating to a “hold” rating in a research report on Friday, August 2nd.

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.