The Manufacturers Life Insurance Company Has $609,000 Stake in Buckle, Inc. (The) (BKE)

The Manufacturers Life Insurance Company grew its stake in Buckle, Inc. (The) (NYSE:BKE) by 4.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 34,224 shares of the company’s stock after purchasing an additional 1,579 shares during the quarter. The Manufacturers Life Insurance Company owned about 0.07% of Buckle, Inc. (The) worth $609,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Leucadia National Corp acquired a new position in shares of Buckle, Inc. (The) in the 2nd quarter valued at $181,000. State Street Corp raised its stake in Buckle, Inc. (The) by 28.5% during the 1st quarter. State Street Corp now owns 1,046,933 shares of the company’s stock worth $19,468,000 after buying an additional 232,335 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in Buckle, Inc. (The) by 0.5% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 690,566 shares of the company’s stock worth $12,291,000 after buying an additional 3,636 shares during the period. South Dakota Investment Council raised its stake in Buckle, Inc. (The) by 14.7% during the 2nd quarter. South Dakota Investment Council now owns 233,500 shares of the company’s stock worth $4,156,000 after buying an additional 30,000 shares during the period. Finally, Sprucegrove Investment Management Ltd. raised its stake in Buckle, Inc. (The) by 4.6% during the 2nd quarter. Sprucegrove Investment Management Ltd. now owns 441,600 shares of the company’s stock worth $7,860,000 after buying an additional 19,300 shares during the period. 60.01% of the stock is currently owned by institutional investors.

Shares of Buckle, Inc. (NYSE BKE) opened at $21.70 on Tuesday. The company has a market capitalization of $1,013.53, a price-to-earnings ratio of 11.99 and a beta of 0.94. Buckle, Inc. has a 12 month low of $13.50 and a 12 month high of $27.10.

Buckle, Inc. (The) (NYSE:BKE) last issued its quarterly earnings data on Friday, November 17th. The company reported $0.41 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.01. The business had revenue of $224.30 million for the quarter, compared to the consensus estimate of $224.12 million. Buckle, Inc. (The) had a return on equity of 19.13% and a net margin of 9.17%. The firm’s revenue was down 6.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.49 EPS. equities research analysts predict that Buckle, Inc. will post 1.63 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, October 27th. Shareholders of record on Friday, October 13th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 4.61%. The ex-dividend date was Thursday, October 12th. Buckle, Inc. (The)’s dividend payout ratio is 57.80%.

Several analysts recently commented on the company. ValuEngine raised Buckle, Inc. (The) from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th. BidaskClub raised Buckle, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Deutsche Bank AG reaffirmed a “sell” rating and set a $15.00 price objective on shares of Buckle, Inc. (The) in a research note on Wednesday, August 2nd. Finally, Zacks Investment Research raised Buckle, Inc. (The) from a “sell” rating to a “buy” rating and set a $18.00 price objective on the stock in a research note on Wednesday, November 1st.

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In other Buckle, Inc. (The) news, VP Kyle Hanson sold 4,100 shares of Buckle, Inc. (The) stock in a transaction dated Wednesday, October 18th. The stock was sold at an average price of $15.95, for a total value of $65,395.00. Following the sale, the vice president now owns 24,900 shares of the company’s stock, valued at approximately $397,155. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 41.70% of the company’s stock.

Buckle, Inc. (The) Company Profile

The Buckle, Inc is a retailer of casual apparel, footwear and accessories for young men and women. As of January 28, 2017, the Company operated 467 retail stores in 44 states throughout the United States under the names Buckle and The Buckle. The Company markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories and footwear.

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Institutional Ownership by Quarter for Buckle, Inc. (The) (NYSE:BKE)

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