Bokf Na Boosts Stock Holdings in The Buckle, Inc. (NYSE:BKE)

Bokf Na lifted its stake in The Buckle, Inc. (NYSE:BKE) by 107.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,099 shares of the company’s stock after buying an additional 7,300 shares during the period. Bokf Na’s holdings in Buckle were worth $521,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BNP Paribas Financial Markets increased its stake in Buckle by 52.2% in the 4th quarter. BNP Paribas Financial Markets now owns 66,025 shares of the company’s stock worth $3,138,000 after purchasing an additional 22,638 shares during the period. Dimensional Fund Advisors LP raised its holdings in Buckle by 1.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,266,360 shares of the company’s stock valued at $60,179,000 after buying an additional 14,079 shares during the last quarter. Quadrant Capital Group LLC raised its holdings in Buckle by 527.4% during the 4th quarter. Quadrant Capital Group LLC now owns 985 shares of the company’s stock valued at $47,000 after buying an additional 828 shares during the last quarter. Panagora Asset Management Inc. boosted its position in Buckle by 119.2% during the 4th quarter. Panagora Asset Management Inc. now owns 74,063 shares of the company’s stock valued at $3,519,000 after buying an additional 40,279 shares during the period. Finally, Norges Bank bought a new stake in Buckle in the 4th quarter worth $9,828,000. Institutional investors own 53.93% of the company’s stock.

Insider Transactions at Buckle

In related news, CEO Dennis H. Nelson sold 15,340 shares of the company’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $37.80, for a total value of $579,852.00. Following the sale, the chief executive officer now directly owns 1,950,377 shares of the company’s stock, valued at $73,724,250.60. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Buckle news, CEO Dennis H. Nelson sold 15,340 shares of the firm’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $37.80, for a total transaction of $579,852.00. Following the completion of the transaction, the chief executive officer now owns 1,950,377 shares of the company’s stock, valued at $73,724,250.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Brett P. Milkie sold 16,000 shares of the company’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $41.35, for a total transaction of $661,600.00. Following the completion of the sale, the senior vice president now directly owns 80,170 shares in the company, valued at $3,315,029.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 100,346 shares of company stock valued at $4,126,478. Corporate insiders own 39.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on BKE. StockNews.com downgraded shares of Buckle from a “buy” rating to a “hold” rating in a research note on Friday, August 2nd. UBS Group lowered their price target on Buckle from $32.00 to $31.00 and set a “sell” rating for the company in a research report on Monday, August 26th.

Buckle Trading Up 0.2 %

Shares of Buckle stock opened at $44.07 on Tuesday. The company’s fifty day simple moving average is $41.01 and its two-hundred day simple moving average is $38.85. The company has a market cap of $2.24 billion, a P/E ratio of 10.39 and a beta of 1.13. The Buckle, Inc. has a 12-month low of $30.31 and a 12-month high of $48.15.

Buckle (NYSE:BKE) last announced its 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 firm had revenue of $282.39 million for the quarter.

Buckle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 25th. Shareholders of record on Friday, October 11th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, October 11th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.18%. Buckle’s dividend payout ratio (DPR) is 33.02%.

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.