New York State Teachers Retirement System Sells 500 Shares of The Buckle, Inc. (NYSE:BKE)

New York State Teachers Retirement System lessened its position in The Buckle, Inc. (NYSE:BKE) by 1.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 50,663 shares of the company’s stock after selling 500 shares during the period. New York State Teachers Retirement System’s holdings in Buckle were worth $2,228,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Buckle by 0.6% during the first quarter. Vanguard Group Inc. now owns 4,311,848 shares of the company’s stock valued at $173,638,000 after acquiring an additional 24,051 shares during the period. Edgestream Partners L.P. acquired a new position in shares of Buckle during the 1st quarter worth about $3,073,000. Caxton Associates LP bought a new stake in Buckle during the 1st quarter valued at approximately $804,000. Sei Investments Co. acquired a new stake in Buckle in the 1st quarter valued at approximately $856,000. Finally, BNP Paribas Financial Markets increased its position in Buckle by 67.9% in the 1st quarter. BNP Paribas Financial Markets now owns 110,875 shares of the company’s stock worth $4,465,000 after buying an additional 44,850 shares during the period. Institutional investors own 53.93% of the company’s stock.

Buckle Stock Up 0.5 %

BKE stock opened at $45.66 on Friday. The Buckle, Inc. has a twelve month low of $32.16 and a twelve month high of $48.15. The company has a market cap of $2.32 billion, a PE ratio of 11.14 and a beta of 1.14. The business’s 50-day simple moving average is $42.96 and its 200 day simple moving average is $40.10.

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

Buckle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 25th. Shareholders of record on Friday, October 11th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 3.07%. The ex-dividend date of this dividend was Friday, October 11th. Buckle’s dividend payout ratio (DPR) is presently 34.15%.

Insider Buying and Selling at Buckle

In other news, SVP Brett P. Milkie sold 16,000 shares of the firm’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $41.35, for a total transaction of $661,600.00. Following the completion of the transaction, the senior vice president now directly owns 80,170 shares of the company’s stock, valued at approximately $3,315,029.50. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, SVP Brett P. Milkie sold 16,000 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $41.35, for a total value of $661,600.00. Following the completion of the transaction, the senior vice president now directly owns 80,170 shares of the company’s stock, valued at approximately $3,315,029.50. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Dennis H. Nelson sold 24,666 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $42.44, for a total value of $1,046,825.04. Following the transaction, the chief executive officer now owns 1,924,811 shares of the company’s stock, valued at $81,688,978.84. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 142,931 shares of company stock valued at $6,080,458 in the last 90 days. 39.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

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

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.