WealthPLAN Partners LLC Sells 11,347 Shares of The Buckle, Inc. (NYSE:BKE)

WealthPLAN Partners LLC trimmed its position in shares of The Buckle, Inc. (NYSE:BKE - Free Report) by 19.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,813 shares of the company's stock after selling 11,347 shares during the period. WealthPLAN Partners LLC owned approximately 0.09% of Buckle worth $2,058,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in BKE. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Buckle by 35.4% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 23,908 shares of the company's stock valued at $885,000 after acquiring an additional 6,245 shares during the last quarter. SG Americas Securities LLC boosted its stake in Buckle by 410.9% in the first quarter. SG Americas Securities LLC now owns 12,200 shares of the company's stock worth $491,000 after purchasing an additional 9,812 shares in the last quarter. Illinois Municipal Retirement Fund grew its holdings in shares of Buckle by 11.9% during the first quarter. Illinois Municipal Retirement Fund now owns 18,225 shares of the company's stock worth $734,000 after purchasing an additional 1,933 shares during the last quarter. Sei Investments Co. acquired a new stake in shares of Buckle in the first quarter valued at $856,000. Finally, Vanguard Group Inc. raised its holdings in shares of Buckle by 0.6% in the first quarter. Vanguard Group Inc. now owns 4,311,848 shares of the company's stock valued at $173,638,000 after buying an additional 24,051 shares during the last quarter. Institutional investors and hedge funds own 53.93% of the company's stock.

Buckle Trading Up 4.6 %

Buckle stock traded up $2.09 during mid-day trading on Tuesday, hitting $47.23. The stock had a trading volume of 179,222 shares, compared to its average volume of 400,743. The Buckle, Inc. has a 12 month low of $33.05 and a 12 month high of $48.15. The stock has a market capitalization of $2.40 billion, a PE ratio of 11.00 and a beta of 1.14. The stock has a 50-day simple moving average of $43.09 and a two-hundred day simple moving average of $40.26.

Buckle (NYSE:BKE - Get Free Report) last posted its quarterly earnings results on Friday, August 23rd. The company reported $0.78 earnings per share for the quarter. Buckle had a net margin of 16.69% and a return on equity of 46.17%. The business had revenue of $282.39 million during the quarter.

Buckle Dividend Announcement

The business 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. The ex-dividend date was Friday, October 11th. This represents a $1.40 annualized dividend and a dividend yield of 2.96%. Buckle's dividend payout ratio is currently 34.15%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. UBS Group raised shares of Buckle from a "sell" rating to a "neutral" rating and increased their price objective for the stock from $31.00 to $46.00 in a report on Tuesday. StockNews.com raised shares of Buckle from a "hold" rating to a "buy" rating in a report on Friday.

Insider Buying and Selling

In other Buckle news, SVP Brett P. Milkie sold 16,000 shares of the stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $41.35, for a total value of $661,600.00. Following the transaction, the senior vice president now owns 80,170 shares of the company's stock, valued at approximately $3,315,029.50. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, SVP Brett P. Milkie sold 16,000 shares of Buckle stock in a transaction on Friday, September 6th. The shares were sold at an average price of $41.35, for a total transaction of $661,600.00. Following the transaction, the senior vice president now directly owns 80,170 shares of the company's stock, valued at $3,315,029.50. This trade represents a 0.00 % decrease in their ownership of the stock. The sale 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 the firm's stock in a transaction on Monday, November 4th. The stock was sold at an average price of $42.90, for a total value of $877,433.70. Following the sale, the chief executive officer now directly owns 1,822,546 shares in the company, valued at $78,187,223.40. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 142,931 shares of company stock valued at $6,080,458 over the last three months. Company insiders own 39.80% of the company's stock.

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.