22,949 Shares in The Buckle, Inc. (NYSE:BKE) Acquired by Centiva Capital LP

Centiva Capital LP bought a new stake in shares of The Buckle, Inc. (NYSE:BKE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 22,949 shares of the company’s stock, valued at approximately $1,166,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. First Trust Advisors LP increased its position in shares of Buckle by 9.0% during the fourth quarter. First Trust Advisors LP now owns 1,663,407 shares of the company’s stock worth $84,518,000 after buying an additional 137,972 shares during the period. Dimensional Fund Advisors LP grew its holdings in Buckle by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,357,095 shares of the company’s stock worth $68,957,000 after acquiring an additional 10,178 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Buckle by 5.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,286,212 shares of the company’s stock worth $65,352,000 after acquiring an additional 69,258 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Buckle by 12.0% in the 4th quarter. American Century Companies Inc. now owns 937,525 shares of the company’s stock valued at $47,636,000 after purchasing an additional 100,173 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of Buckle by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 815,688 shares of the company’s stock valued at $41,454,000 after purchasing an additional 16,610 shares in the last quarter. Institutional investors own 53.93% of the company’s stock.

Buckle Price Performance

Shares of Buckle stock opened at $36.05 on Thursday. The business has a 50-day simple moving average of $36.45 and a 200 day simple moving average of $43.75. The Buckle, Inc. has a one year low of $33.12 and a one year high of $54.25. The firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of 9.15 and a beta of 0.94.

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

Buckle Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 15th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 3.88%. The ex-dividend date was Tuesday, April 15th. Buckle’s dividend payout ratio (DPR) is presently 36.08%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. UBS Group dropped their price target on Buckle from $43.00 to $41.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 18th. StockNews.com lowered shares of Buckle from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.

Insider Activity at Buckle

In related news, CEO Dennis H. Nelson sold 2,105 shares of the business’s stock in a transaction dated Wednesday, April 23rd. The shares were sold at an average price of $36.36, for a total value of $76,537.80. Following the transaction, the chief executive officer now directly owns 1,728,250 shares of the company’s stock, valued at approximately $62,839,170. The trade was a 0.12 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 76,011 shares of company stock valued at $3,047,788 over the last ninety days. Corporate insiders own 39.80% of the company’s stock.

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.