Buckle’s (NYSE:BKE) same-store sales dropped 3.7% in the month of November. Buckle’s shares climbed by 6.9% in the first day of trading following the report.

BKE has been the topic of a number of analyst reports. Zacks Investment Research upgraded Buckle from a “sell” rating to a “buy” rating and set a $18.00 price objective on the stock in a research report on Wednesday, November 1st. ValuEngine upgraded Buckle from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Deutsche Bank reduced their target price on Buckle from $15.00 to $13.00 and set a “sell” rating on the stock in a research report on Friday, August 18th. Finally, BidaskClub downgraded Buckle from a “hold” rating to a “sell” rating in a research report on Monday, August 14th.

In other Buckle news, Director Robert Erle Campbell sold 2,000 shares of Buckle stock in a transaction on Monday, November 20th. The stock was sold at an average price of $21.00, for a total value of $42,000.00. Following the sale, the director now owns 31,964 shares in the company, valued at $671,244. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Brett P. Milkie sold 1,500 shares of Buckle stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $21.02, for a total value of $31,530.00. Following the completion of the sale, the senior vice president now owns 32,070 shares in the company, valued at approximately $674,111.40. The disclosure for this sale can be found here. Insiders sold 7,600 shares of company stock worth $138,925 in the last 90 days. Company insiders own 41.70% of the company’s stock.

Shares of Buckle (BKE) opened at $22.55 on Monday. Buckle has a 1 year low of $13.50 and a 1 year high of $26.60. The company has a market capitalization of $1,101.36, a price-to-earnings ratio of 13.03 and a beta of 1.10.

Buckle (NYSE:BKE) last posted its earnings results on Friday, November 17th. The company reported $0.41 EPS for the quarter, beating the Zacks’ 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 company had revenue of $224.30 million for the quarter, compared to the consensus estimate of $224.12 million. During the same quarter in the previous year, the business earned $0.49 earnings per share. The company’s revenue for the quarter was down 6.2% on a year-over-year basis. analysts forecast that Buckle will post 1.7 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Stockholders of record on Friday, January 12th will be paid a $0.25 dividend. The ex-dividend date is Thursday, January 11th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.43%. Buckle’s payout ratio is presently 57.80%.

Several hedge funds and other institutional investors have recently modified their holdings of the company. FMR LLC grew its stake in shares of Buckle by 0.5% in the second quarter. FMR LLC now owns 7,326,750 shares of the company’s stock valued at $130,416,000 after buying an additional 33,335 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Buckle by 9.0% in the first quarter. Vanguard Group Inc. now owns 2,762,893 shares of the company’s stock valued at $51,390,000 after buying an additional 228,149 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Buckle by 5,476.3% in the third quarter. Victory Capital Management Inc. now owns 1,341,438 shares of the company’s stock valued at $22,603,000 after buying an additional 1,317,382 shares in the last quarter. State Street Corp grew its stake in shares of Buckle by 28.5% in the first quarter. State Street Corp now owns 1,046,933 shares of the company’s stock valued at $19,468,000 after buying an additional 232,335 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of Buckle by 3.5% in the third quarter. Wells Fargo & Company MN now owns 958,812 shares of the company’s stock valued at $16,155,000 after buying an additional 32,030 shares in the last quarter. 59.76% of the stock is owned by institutional investors and hedge funds.

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About Buckle

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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