Unison Advisors LLC bought a new position in shares of Buckle Inc (NYSE:BKE) during the 4th quarter, HoldingsChannel reports. The fund bought 14,116 shares of the company’s stock, valued at approximately $335,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Victory Capital Management Inc. lifted its position in shares of Buckle by 5,476.3% during the 3rd quarter. Victory Capital Management Inc. now owns 1,341,438 shares of the company’s stock worth $22,603,000 after buying an additional 1,317,382 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Buckle by 39.6% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 463,644 shares of the company’s stock worth $7,813,000 after buying an additional 131,594 shares during the last quarter. Engineers Gate Manager LP bought a new stake in shares of Buckle during the 3rd quarter worth $1,007,000. Sprott Inc. lifted its position in shares of Buckle by 21.4% during the 3rd quarter. Sprott Inc. now owns 255,000 shares of the company’s stock worth $4,297,000 after buying an additional 45,000 shares during the last quarter. Finally, Parametric Portfolio Associates LLC lifted its position in shares of Buckle by 28.7% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 168,314 shares of the company’s stock worth $2,996,000 after buying an additional 37,566 shares during the last quarter. 59.69% of the stock is currently owned by institutional investors.
In other news, Director Robert Erle Campbell sold 2,000 shares of the firm’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $21.00, for a total transaction of $42,000.00. Following the completion of the transaction, the director now directly owns 31,964 shares in the company, valued at $671,244. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Diane L. Applegate sold 1,200 shares of the firm’s stock in a transaction dated Friday, January 19th. The stock was sold at an average price of $20.84, for a total value of $25,008.00. Following the transaction, the vice president now owns 20,500 shares of the company’s stock, valued at $427,220. The disclosure for this sale can be found here. Insiders have sold 4,700 shares of company stock valued at $98,538 over the last 90 days. 41.70% of the stock is owned by corporate insiders.
Buckle Inc (NYSE:BKE) opened at $20.90 on Thursday. The company has a market capitalization of $1,018.34, a PE ratio of 12.08 and a beta of 1.09. Buckle Inc has a 1 year low of $13.50 and a 1 year high of $25.11.
Buckle (NYSE:BKE) last posted its earnings results on Friday, November 17th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.40 by $0.01. Buckle had a return on equity of 19.13% and a net margin of 9.17%. The firm had revenue of $224.30 million during the quarter, compared to the consensus estimate of $224.12 million. During the same period last year, the company earned $0.49 earnings per share. The business’s quarterly revenue was down 6.2% on a year-over-year basis. equities analysts expect that Buckle Inc will post 1.74 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Stockholders of record on Friday, January 12th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, January 11th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.78%. Buckle’s dividend payout ratio (DPR) is 57.80%.
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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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