12,013 Shares in The Buckle, Inc. (NYSE:BKE) Purchased by Range Financial Group LLC

Range Financial Group LLC bought a new stake in The Buckle, Inc. (NYSE:BKE - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 12,013 shares of the company's stock, valued at approximately $610,000.

Other institutional investors also recently modified their holdings of the company. Pacer Advisors Inc. boosted its stake in Buckle by 4.5% in the second quarter. Pacer Advisors Inc. now owns 2,100,398 shares of the company's stock valued at $77,589,000 after acquiring an additional 90,190 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Buckle by 2.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,341,866 shares of the company's stock worth $49,566,000 after purchasing an additional 29,349 shares during the last quarter. State Street Corp grew its stake in shares of Buckle by 5.7% during the third quarter. State Street Corp now owns 1,338,395 shares of the company's stock worth $58,849,000 after purchasing an additional 72,532 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Buckle by 4.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,216,954 shares of the company's stock valued at $53,509,000 after purchasing an additional 48,436 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Buckle by 4.8% in the third quarter. Geode Capital Management LLC now owns 799,078 shares of the company's stock valued at $35,142,000 after buying an additional 36,472 shares during the period. Institutional investors and hedge funds own 53.93% of the company's stock.

Insider Transactions at Buckle

In other Buckle news, Director John P. Peetz sold 2,500 shares of the business's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $51.70, for a total value of $129,250.00. Following the sale, the director now owns 22,123 shares in the company, valued at approximately $1,143,759.10. The trade was a 10.15 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Dennis H. Nelson sold 20,453 shares of the firm's stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $42.90, for a total transaction of $877,433.70. Following the transaction, the chief executive officer now directly owns 1,822,546 shares of the company's stock, valued at $78,187,223.40. This represents a 1.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 113,812 shares of company stock valued at $5,560,809 over the last quarter. Corporate insiders own 39.80% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on BKE shares. StockNews.com upgraded Buckle from a "hold" rating to a "buy" rating in a research report on Friday. UBS Group upgraded shares of Buckle from a "sell" rating to a "neutral" rating and boosted their price objective for the company from $31.00 to $46.00 in a report on Tuesday, November 12th.

Buckle Stock Down 0.8 %

Buckle stock traded down $0.41 during mid-day trading on Tuesday, hitting $50.74. 562,619 shares of the company's stock were exchanged, compared to its average volume of 495,955. The company's 50 day simple moving average is $49.68 and its 200-day simple moving average is $44.17. The firm has a market capitalization of $2.58 billion, a P/E ratio of 12.88 and a beta of 1.15. The Buckle, Inc. has a fifty-two week low of $34.87 and a fifty-two week high of $54.25.

Buckle (NYSE:BKE - Get Free Report) last released its quarterly earnings results on Friday, November 22nd. The company reported $0.88 EPS for the quarter, missing analysts' consensus estimates of $0.89 by ($0.01). Buckle had a return on equity of 44.11% and a net margin of 16.21%. The business had revenue of $293.60 million for the quarter, compared to analyst estimates of $293.60 million. During the same period in the prior year, the business earned $1.04 EPS. The company's revenue for the quarter was down 3.3% compared to the same quarter last year.

Buckle Cuts Dividend

The business also recently declared a special dividend, which will be paid on Wednesday, January 29th. Stockholders of record on Wednesday, January 15th will be issued a $2.50 dividend. This represents a dividend yield of 2.6%. The ex-dividend date is Wednesday, January 15th. Buckle's dividend payout ratio (DPR) is presently 35.53%.

Buckle 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.