The Buckle, Inc. (NYSE:BKE) Stock Position Raised by Amundi

Amundi lifted its holdings in shares of The Buckle, Inc. (NYSE:BKE) by 4,016.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 75,297 shares of the company’s stock after buying an additional 73,468 shares during the period. Amundi owned 0.15% of Buckle worth $3,787,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. PNC Financial Services Group Inc. grew its position 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 last quarter. Quarry LP grew its position in shares of Buckle by 60.9% during 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 last quarter. DGS Capital Management LLC grew its position in shares of Buckle by 6.8% during the 3rd quarter. DGS Capital Management LLC now owns 7,131 shares of the company’s stock valued at $314,000 after buying an additional 451 shares during the last quarter. Blue Trust Inc. grew its position 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 last quarter. Finally, Smartleaf Asset Management LLC grew its position in shares of Buckle by 268.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 825 shares of the company’s stock valued at $42,000 after buying an additional 601 shares during the last quarter. Institutional investors own 53.93% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Buckle from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th.

Insider Transactions at Buckle

In other news, CEO Dennis H. Nelson sold 20,453 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $51.57, for a total value of $1,054,761.21. Following the completion of the sale, the chief executive officer now directly owns 1,739,734 shares of the company’s stock, valued at approximately $89,718,082.38. This represents a 1.16 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In the last three months, insiders sold 97,382 shares of company stock valued at $4,446,403. Company insiders own 39.80% of the company’s stock.

Buckle Trading Up 2.6 %

NYSE BKE opened at $36.07 on Monday. The Buckle, Inc. has a 52 week low of $34.67 and a 52 week high of $54.25. The stock has a market cap of $1.83 billion, a price-to-earnings ratio of 9.15 and a beta of 1.17. The company has a 50-day moving average price of $44.22 and a two-hundred day moving average price of $45.61.

Buckle (NYSE:BKE) last posted its earnings results on Friday, March 14th. The company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.44 by $0.09. The firm had revenue of $379.20 million during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.59 EPS.

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.