Charles Schwab Investment Management Inc. Buys 48,436 Shares of The Buckle, Inc. (NYSE:BKE)

Charles Schwab Investment Management Inc. boosted its holdings in shares of The Buckle, Inc. (NYSE:BKE - Free Report) by 4.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,216,954 shares of the company's stock after buying an additional 48,436 shares during the period. Charles Schwab Investment Management Inc. owned approximately 2.40% of Buckle worth $53,509,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. CANADA LIFE ASSURANCE Co lifted its position in shares of Buckle by 4.7% in the first quarter. CANADA LIFE ASSURANCE Co now owns 29,365 shares of the company's stock worth $1,183,000 after purchasing an additional 1,317 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Buckle by 14.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,734 shares of the company's stock valued at $352,000 after buying an additional 1,096 shares during the period. Tidal Investments LLC grew its holdings in shares of Buckle by 18.5% during the 1st quarter. Tidal Investments LLC now owns 36,415 shares of the company's stock valued at $1,466,000 after acquiring an additional 5,686 shares in the last quarter. Harbor Capital Advisors Inc. increased its stake in shares of Buckle by 22.6% in the second quarter. Harbor Capital Advisors Inc. now owns 16,361 shares of the company's stock worth $604,000 after acquiring an additional 3,017 shares during the last quarter. Finally, CWM LLC raised its holdings in shares of Buckle by 119.9% during 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 in the last quarter. 53.93% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Buckle

In other news, CEO Dennis H. Nelson sold 20,453 shares of Buckle stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $41.78, for a total value of $854,526.34. Following the transaction, the chief executive officer now directly owns 1,904,358 shares in the company, valued at approximately $79,564,077.24. The trade was a 1.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Karen B. Rhoads sold 9,500 shares of the stock in a transaction that occurred on 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 of the company's stock, valued at approximately $11,053,415.07. The trade was a 4.25 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 127,765 shares of company stock worth $5,524,118. 39.80% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have weighed in on BKE. UBS Group raised Buckle from a "sell" rating to a "neutral" rating and upped their target price for the stock from $31.00 to $46.00 in a research report on Tuesday, November 12th. StockNews.com upgraded Buckle from a "hold" rating to a "buy" rating in a report on Monday, November 18th.

Buckle Price Performance

Shares of BKE stock traded up $0.85 on Friday, hitting $52.09. The company's stock had a trading volume of 199,199 shares, compared to its average volume of 409,633. The stock has a market capitalization of $2.64 billion, a price-to-earnings ratio of 13.22 and a beta of 1.14. The Buckle, Inc. has a fifty-two week low of $34.87 and a fifty-two week high of $52.24. The firm's fifty day moving average price is $44.90 and its 200-day moving average price is $41.32.

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

Buckle Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Friday, October 11th were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date of this dividend was Friday, October 11th. Buckle's dividend payout ratio is 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.