9,774 Shares in The Buckle, Inc. (NYSE:BKE) Bought by XTX Topco Ltd

XTX Topco Ltd bought a new position in shares of The Buckle, Inc. (NYSE:BKE - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,774 shares of the company's stock, valued at approximately $430,000.

Several other institutional investors and hedge funds also recently modified their holdings of BKE. Blue Trust Inc. increased its stake in shares of Buckle by 52.0% during the 3rd quarter. Blue Trust Inc. now owns 789 shares of the company's stock worth $35,000 after purchasing an additional 270 shares in the last quarter. Quarry LP increased its position in Buckle by 60.9% during the third quarter. Quarry LP now owns 938 shares of the company's stock worth $41,000 after buying an additional 355 shares in the last quarter. CWM LLC raised its holdings in shares of Buckle by 119.9% in 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 last quarter. Quest Partners LLC acquired a new position in shares of Buckle in the third quarter worth $86,000. Finally, Signaturefd LLC lifted its position in shares of Buckle by 38.7% in the third quarter. Signaturefd LLC now owns 2,236 shares of the company's stock valued at $98,000 after acquiring an additional 624 shares in the last quarter. Hedge funds and other institutional investors own 53.93% of the company's stock.

Insider Transactions at Buckle

In other news, Director John P. Peetz sold 2,500 shares of the firm's stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $51.70, for a total value of $129,250.00. Following the transaction, the director now directly owns 22,123 shares in the company, valued at $1,143,759.10. This trade represents a 10.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Dennis H. Nelson sold 20,453 shares of Buckle stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $41.73, for a total value of $853,503.69. Following the completion of the transaction, the chief executive officer now directly owns 1,863,452 shares in the company, valued at $77,761,851.96. This represents a 1.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 134,265 shares of company stock worth $6,270,732 in the last three months. Company insiders own 39.80% of the company's stock.

Buckle Price Performance

BKE stock traded up $0.72 during midday trading on Friday, hitting $52.18. The stock had a trading volume of 244,183 shares, compared to its average volume of 404,585. The Buckle, Inc. has a 12-month low of $34.87 and a 12-month high of $54.25. The firm has a market cap of $2.65 billion, a PE ratio of 13.24 and a beta of 1.14. The company's 50-day moving average price is $46.89 and its 200 day moving average price is $42.47.

Buckle (NYSE:BKE - Get Free Report) last announced its quarterly earnings data 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 net margin of 16.21% and a return on equity of 44.11%. The business had revenue of $293.60 million during the quarter, compared to analysts' expectations of $293.60 million. During the same period in the prior year, the firm earned $1.04 EPS. Buckle's revenue for the quarter was down 3.3% on a year-over-year basis.

Buckle Cuts Dividend

The business also recently disclosed a special dividend, which will be paid on Wednesday, January 29th. Stockholders of record on Wednesday, January 15th will be paid a dividend of $2.50 per share. This represents a dividend yield of 2.6%. The ex-dividend date is Wednesday, January 15th. Buckle's dividend payout ratio is currently 35.53%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. UBS Group upgraded Buckle from a "sell" rating to a "neutral" rating and lifted their price objective for the stock from $31.00 to $46.00 in a research report on Tuesday, November 12th. StockNews.com downgraded shares of Buckle from a "buy" rating to a "hold" rating in a report on Friday.

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.