The Buckle, Inc. (NYSE:BKE) Shares Bought by Capital Fund Management S.A.

Capital Fund Management S.A. lifted its position in shares of The Buckle, Inc. (NYSE:BKE - Free Report) by 189.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,772 shares of the company's stock after purchasing an additional 22,116 shares during the period. Capital Fund Management S.A. owned about 0.07% of Buckle worth $1,716,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of BKE. Geode Capital Management LLC lifted its holdings in Buckle by 4.8% during the 3rd quarter. Geode Capital Management LLC now owns 799,078 shares of the company's stock worth $35,142,000 after buying an additional 36,472 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Buckle by 3.4% in the third quarter. JPMorgan Chase & Co. now owns 155,833 shares of the company's stock valued at $6,852,000 after purchasing an additional 5,185 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Buckle by 5.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,286,212 shares of the company's stock valued at $65,352,000 after purchasing an additional 69,258 shares during the last quarter. HighTower Advisors LLC acquired a new stake in Buckle during the third quarter worth approximately $214,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Buckle during the 4th quarter worth $31,000. Hedge funds and other institutional investors own 53.93% of the company's stock.

Wall Street Analyst Weigh In

BKE has been the subject of a number of recent research reports. StockNews.com cut shares of Buckle from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. UBS Group reduced their target price on Buckle from $43.00 to $41.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 18th.

Buckle Trading Up 1.8 %

Shares of NYSE BKE traded up $0.60 on Friday, reaching $34.58. 381,912 shares of the company traded hands, compared to its average volume of 449,509. The stock has a market capitalization of $1.77 billion, a PE ratio of 8.78 and a beta of 0.91. The Buckle, Inc. has a fifty-two week low of $33.12 and a fifty-two week high of $54.25. The company has a 50 day moving average of $38.18 and a 200 day moving average of $44.43.

Buckle (NYSE:BKE - Get Free Report) last issued its earnings results on Friday, March 14th. The company reported $1.53 EPS for the quarter, beating analysts' consensus estimates of $1.44 by $0.09. The business had revenue of $379.20 million for the quarter, compared to the consensus estimate of $378.97 million. Buckle had a net margin of 16.21% and a return on equity of 44.11%. The business's revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.59 EPS.

Buckle Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 15th will be given a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $1.40 dividend on an annualized basis and a yield of 4.05%. Buckle's payout ratio is currently 36.08%.

Insider Buying and Selling at Buckle

In other Buckle news, CEO Dennis H. Nelson sold 2,320 shares of the company's stock in a transaction that occurred on Tuesday, April 8th. The stock was sold at an average price of $36.31, for a total transaction of $84,239.20. Following the sale, the chief executive officer now owns 1,743,375 shares in the company, valued at $63,301,946.25. This represents a 0.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders sold a total of 74,036 shares of company stock worth $2,977,557 in the last 90 days. 39.80% of the stock is owned by corporate insiders.

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.