The Buckle, Inc. (NYSE:BKE) Holdings Lifted by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC increased its holdings in The Buckle, Inc. (NYSE:BKE) by 18.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,235 shares of the company’s stock after acquiring an additional 3,609 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Buckle were worth $1,181,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. SBI Securities Co. Ltd. purchased a new stake in shares of Buckle in the fourth quarter worth approximately $31,000. Quarry LP increased its stake in Buckle by 60.9% in the 3rd quarter. Quarry LP now owns 938 shares of the company’s stock valued at $41,000 after buying an additional 355 shares during the period. Smartleaf Asset Management LLC lifted its position in Buckle by 268.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 825 shares of the company’s stock worth $42,000 after buying an additional 601 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of Buckle by 74.1% during the 4th quarter. Blue Trust Inc. now owns 1,374 shares of the company’s stock valued at $70,000 after buying an additional 585 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Buckle by 15.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,756 shares of the company’s stock valued at $89,000 after buying an additional 240 shares during the period. 53.93% of the stock is currently owned by institutional investors and hedge funds.

Buckle Stock Up 3.1 %

NYSE BKE opened at $35.89 on Monday. The stock has a market capitalization of $1.82 billion, a PE ratio of 9.11 and a beta of 0.91. The Buckle, Inc. has a 12-month low of $33.75 and a 12-month high of $54.25. The company has a 50 day moving average price of $40.89 and a two-hundred day moving average price of $45.17.

Buckle (NYSE:BKE) last released its quarterly earnings data on Friday, March 14th. The company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.09. The business had revenue of $379.20 million during the quarter, compared to analyst estimates of $378.97 million. Buckle had a net margin of 16.21% and a return on equity of 44.11%. Buckle’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.59 EPS.

Buckle Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 15th will be paid a dividend of $0.35 per share. The ex-dividend date is Tuesday, April 15th. This represents a $1.40 annualized dividend and a dividend yield of 3.90%. Buckle’s dividend payout ratio (DPR) is presently 36.08%.

Insider Activity

In other Buckle news, CEO Dennis H. Nelson sold 20,453 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $40.86, for a total transaction of $835,709.58. Following the completion of the sale, the chief executive officer now owns 1,678,375 shares of the company’s stock, valued at $68,578,402.50. This represents a 1.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders have sold 71,816 shares of company stock valued at $2,898,120. Insiders own 39.80% of the company’s stock.

Analyst Ratings Changes

BKE has been the subject of several recent research reports. StockNews.com lowered Buckle from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. UBS Group cut their price target on Buckle from $43.00 to $41.00 and set a “neutral” rating for the company in a research note on Tuesday, March 18th.

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.