30,257 Shares in The Buckle, Inc. (NYSE:BKE) Purchased by Holocene Advisors LP

Holocene Advisors LP acquired a new position in The Buckle, Inc. (NYSE:BKE - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 30,257 shares of the company's stock, valued at approximately $1,330,000. Holocene Advisors LP owned approximately 0.06% of Buckle at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in BKE. Price T Rowe Associates Inc. MD raised its stake in Buckle by 14.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,734 shares of the company's stock worth $352,000 after acquiring an additional 1,096 shares during the last quarter. CWM LLC raised its stake in Buckle by 119.9% in the 2nd 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. Unison Advisors LLC raised its stake in Buckle by 7.7% in the 2nd quarter. Unison Advisors LLC now owns 37,525 shares of the company's stock worth $1,386,000 after acquiring an additional 2,694 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its stake in Buckle by 2.7% in the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 13,927 shares of the company's stock worth $514,000 after acquiring an additional 370 shares during the last quarter. Finally, Gladius Capital Management LP raised its stake in Buckle by 217.4% in the 2nd quarter. Gladius Capital Management LP now owns 2,955 shares of the company's stock worth $109,000 after acquiring an additional 2,024 shares during the last quarter. Institutional investors and hedge funds own 53.93% of the company's stock.

Buckle Trading Up 0.9 %

Shares of NYSE BKE traded up $0.49 during trading on Friday, reaching $53.04. 386,357 shares of the company traded hands, compared to its average volume of 401,422. The firm's fifty day simple moving average is $45.93 and its 200 day simple moving average is $41.88. The stock has a market cap of $2.69 billion, a P/E ratio of 13.46 and a beta of 1.14. The Buckle, Inc. has a 12-month low of $34.87 and a 12-month high of $54.25.

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

Buckle Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Friday, October 11th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date was Friday, October 11th. Buckle's dividend payout ratio (DPR) is presently 35.53%.

Insider Activity

In other news, CEO Dennis H. Nelson sold 20,453 shares of the firm's stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $53.18, for a total transaction of $1,087,690.54. Following the sale, the chief executive officer now directly owns 1,781,640 shares in the company, valued at $94,747,615.20. This trade represents a 1.13 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Karen B. Rhoads sold 9,500 shares of the firm's stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $51.63, for a total value of $490,485.00. Following the sale, the director now owns 214,089 shares in the company, valued at $11,053,415.07. This trade represents a 4.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 132,218 shares of company stock worth $5,950,209 in the last ninety days. Company insiders own 39.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on BKE shares. StockNews.com upgraded Buckle from a "hold" rating to a "buy" rating in a research note on Monday, November 18th. UBS Group upgraded Buckle from a "sell" rating to a "neutral" rating and lifted their price objective for the company from $31.00 to $46.00 in a research note on Tuesday, November 12th.

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.