The Buckle, Inc. (NYSE:BKE) Position Boosted by Swiss National Bank

Swiss National Bank raised its holdings in shares of The Buckle, Inc. (NYSE:BKE – Get Rating) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,500 shares of the company’s stock after acquiring an additional 1,200 shares during the quarter. Swiss National Bank owned approximately 0.14% of Buckle worth $3,288,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Buckle by 4.6% during the 3rd quarter. Vanguard Group Inc. now owns 4,574,626 shares of the company’s stock valued at $144,832,000 after acquiring an additional 199,559 shares in the last quarter. State Street Corp grew its stake in Buckle by 6.6% during the 2nd quarter. State Street Corp now owns 1,122,943 shares of the company’s stock valued at $31,094,000 after acquiring an additional 69,714 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Buckle by 7.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,074,562 shares of the company’s stock valued at $35,508,000 after buying an additional 76,179 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of Buckle by 167.6% in the 1st quarter. Renaissance Technologies LLC now owns 1,047,168 shares of the company’s stock valued at $34,598,000 after buying an additional 655,866 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Buckle by 97.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 693,633 shares of the company’s stock valued at $22,918,000 after buying an additional 342,352 shares in the last quarter. Hedge funds and other institutional investors own 50.99% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. StockNews.com raised Buckle from a “hold” rating to a “buy” rating in a research note on Thursday, May 11th. UBS Group assumed coverage on Buckle in a research note on Monday, April 10th. They issued a “neutral” rating and a $37.00 price target for the company.

Buckle Stock Down 1.5 %

Shares of Buckle stock opened at $31.79 on Tuesday. The stock has a market capitalization of $1.60 billion, a P/E ratio of 6.20 and a beta of 1.04. The stock has a 50 day moving average price of $34.14 and a two-hundred day moving average price of $39.83. The Buckle, Inc. has a 12-month low of $26.50 and a 12-month high of $50.35.

Buckle (NYSE:BKE – Get Rating) last announced its earnings results on Friday, March 10th. The company reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.14. The firm had revenue of $401.80 million during the quarter, compared to analysts’ expectations of $386.36 million. Buckle had a return on equity of 65.52% and a net margin of 18.93%. The company’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.69 earnings per share.

Buckle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 28th. Shareholders of record on Friday, April 14th were given a dividend of $0.35 per share. The ex-dividend date was Thursday, April 13th. This represents a $1.40 dividend on an annualized basis and a yield of 4.40%. Buckle’s payout ratio is currently 27.29%.

Buckle Profile

(Get Rating)

The Buckle, Inc engages in the business of retailing medium to better-priced casual apparel, footwear, and accessories for fashion-conscious young men and women. The firm is also involved in the provision of customer services such as free hemming, free gift-packaging, easy layaways, private label credit card, and guest loyalty program.