Wipfli Financial Advisors LLC Acquires New Shares in The Buckle, Inc. (NYSE:BKE)

Wipfli Financial Advisors LLC acquired a new stake in shares of The Buckle, Inc. (NYSE:BKEGet Rating) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 962 shares of the company’s stock, valued at approximately $30,000.

Other institutional investors have also recently bought and sold shares of the company. Covestor Ltd boosted its position in Buckle by 2,840.6% during the first quarter. Covestor Ltd now owns 941 shares of the company’s stock valued at $31,000 after purchasing an additional 909 shares during the last quarter. Lazard Asset Management LLC lifted its position in shares of Buckle by 2,635.5% in the second quarter. Lazard Asset Management LLC now owns 1,696 shares of the company’s stock worth $46,000 after buying an additional 1,634 shares during the last quarter. Banque Cantonale Vaudoise lifted its position in shares of Buckle by 48.5% in the second quarter. Banque Cantonale Vaudoise now owns 1,840 shares of the company’s stock worth $51,000 after buying an additional 601 shares during the last quarter. Captrust Financial Advisors lifted its position in shares of Buckle by 58.3% in the first quarter. Captrust Financial Advisors now owns 1,556 shares of the company’s stock worth $51,000 after buying an additional 573 shares during the last quarter. Finally, Point72 Hong Kong Ltd acquired a new stake in shares of Buckle in the second quarter worth about $60,000. Institutional investors and hedge funds own 50.99% of the company’s stock.

Insider Buying and Selling

In related news, SVP Michelle Hoffman sold 10,000 shares of the business’s stock in a transaction dated Thursday, January 12th. The stock was sold at an average price of $45.45, for a total transaction of $454,500.00. Following the completion of the transaction, the senior vice president now owns 63,882 shares of the company’s stock, valued at approximately $2,903,436.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, SVP Michelle Hoffman sold 10,000 shares of the business’s stock in a transaction dated Thursday, January 12th. The stock was sold at an average price of $45.45, for a total transaction of $454,500.00. Following the transaction, the senior vice president now directly owns 63,882 shares in the company, valued at $2,903,436.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kari G. Smith sold 25,000 shares of the business’s stock in a transaction dated Tuesday, January 10th. The shares were sold at an average price of $48.10, for a total value of $1,202,500.00. Following the transaction, the executive vice president now owns 133,654 shares in the company, valued at $6,428,757.40. The disclosure for this sale can be found here. 40.20% of the stock is owned by insiders.

Buckle Price Performance

Shares of NYSE:BKE opened at $43.71 on Friday. The Buckle, Inc. has a fifty-two week low of $26.50 and a fifty-two week high of $50.35. The business has a 50-day moving average of $44.37 and a two-hundred day moving average of $36.95. The stock has a market capitalization of $2.19 billion, a P/E ratio of 8.64 and a beta of 1.00.

Buckle (NYSE:BKEGet Rating) last posted its quarterly earnings data on Friday, November 18th. The company reported $1.24 earnings per share for the quarter, missing the consensus estimate of $1.25 by ($0.01). Buckle had a return on equity of 67.25% and a net margin of 18.93%. The business had revenue of $332.34 million for the quarter, compared to analyst estimates of $332.30 million.

Buckle Dividend Announcement

The firm also recently disclosed a None dividend, which will be paid on Friday, January 27th. Investors of record on Friday, January 13th will be given a dividend of $3.00 per share. The ex-dividend date is Thursday, January 12th. This represents a dividend yield of 3.1%. Buckle’s dividend payout ratio is presently 27.67%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Buckle from a “buy” rating to a “hold” rating in a research report on Thursday, January 5th.

Buckle Profile

(Get Rating)

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, Reclaim, BKE Vintage, Nova Industries, J.B.

Read More

Want to see what other hedge funds are holding BKE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Buckle, Inc. (NYSE:BKEGet Rating).

Institutional Ownership by Quarter for Buckle (NYSE:BKE)

Receive News & Ratings for Buckle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buckle and related companies with MarketBeat.com's FREE daily email newsletter.