Mutual of America Capital Management LLC Takes Position in The Buckle, Inc. (NYSE:BKE)

Mutual of America Capital Management LLC bought a new stake in The Buckle, Inc. (NYSE:BKE) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,532 shares of the company’s stock, valued at approximately $230,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in BKE. Meritage Portfolio Management grew its holdings in shares of Buckle by 10.4% during the 3rd quarter. Meritage Portfolio Management now owns 23,944 shares of the company’s stock valued at $1,053,000 after purchasing an additional 2,251 shares during the last quarter. GSA Capital Partners LLP bought a new stake in shares of Buckle during the 3rd quarter valued at approximately $691,000. WealthPlan Investment Management LLC bought a new stake in shares of Buckle during the 3rd quarter valued at approximately $473,000. Quest Partners LLC bought a new stake in shares of Buckle during the 3rd quarter valued at approximately $86,000. Finally, Banque Cantonale Vaudoise grew its holdings in shares of Buckle by 158.4% during the 3rd quarter. Banque Cantonale Vaudoise now owns 6,054 shares of the company’s stock valued at $266,000 after purchasing an additional 3,711 shares during the last quarter. 53.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on BKE shares. StockNews.com lowered shares of Buckle from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. UBS Group raised shares of Buckle from a “sell” rating to a “neutral” rating and boosted their target price for the stock from $31.00 to $46.00 in a report on Tuesday, November 12th.

Buckle Stock Performance

NYSE:BKE opened at $38.28 on Tuesday. The firm’s fifty day moving average is $45.42 and its 200-day moving average is $45.80. The Buckle, Inc. has a 52 week low of $34.87 and a 52 week high of $54.25. The firm has a market cap of $1.94 billion, a P/E ratio of 9.72 and a beta of 1.17.

Insider Activity

In other news, CEO Dennis H. Nelson sold 20,453 shares of the company’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $51.37, for a total value of $1,050,670.61. Following the sale, the chief executive officer now directly owns 1,760,187 shares of the company’s stock, valued at approximately $90,420,806.19. This represents a 1.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John P. Peetz sold 2,500 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $51.70, for a total transaction of $129,250.00. Following the transaction, the director now owns 22,123 shares in the company, valued at $1,143,759.10. The trade was a 10.15 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 99,882 shares of company stock valued at $4,575,653. 39.80% of the stock is currently owned by insiders.

About Buckle

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.