90,767 Shares in Buckle, Inc. (The) $BKE Bought by Jump Financial LLC

Jump Financial LLC bought a new stake in shares of Buckle, Inc. (The) (NYSE:BKE) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 90,767 shares of the company’s stock, valued at approximately $4,116,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. CWM LLC raised its position in shares of Buckle by 185.6% during the second quarter. CWM LLC now owns 9,885 shares of the company’s stock valued at $448,000 after buying an additional 6,424 shares during the last quarter. Bank of New York Mellon Corp grew its position in Buckle by 1.7% during the second quarter. Bank of New York Mellon Corp now owns 532,522 shares of the company’s stock worth $24,150,000 after buying an additional 9,118 shares in the last quarter. Geode Capital Management LLC increased its stake in Buckle by 5.6% during the second quarter. Geode Capital Management LLC now owns 900,932 shares of the company’s stock valued at $40,861,000 after acquiring an additional 47,751 shares during the period. Intech Investment Management LLC increased its stake in Buckle by 100.4% during the second quarter. Intech Investment Management LLC now owns 101,543 shares of the company’s stock valued at $4,605,000 after acquiring an additional 50,866 shares during the period. Finally, Impala Asset Management LLC raised its holdings in Buckle by 37.1% in the 1st quarter. Impala Asset Management LLC now owns 432,080 shares of the company’s stock valued at $16,571,000 after acquiring an additional 116,833 shares in the last quarter. 53.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on BKE shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Buckle in a report on Wednesday, October 8th. UBS Group reiterated a “neutral” rating on shares of Buckle in a research note on Monday, November 24th. Finally, Wall Street Zen lowered shares of Buckle from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 6th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Buckle has a consensus rating of “Hold” and a consensus price target of $55.00.

Buckle Price Performance

Buckle stock opened at $56.48 on Thursday. The company has a market capitalization of $2.89 billion, a PE ratio of 13.84 and a beta of 1.14. Buckle, Inc. has a one year low of $33.12 and a one year high of $61.69. The business has a 50 day simple moving average of $55.79 and a 200 day simple moving average of $52.81.

Buckle (NYSE:BKE) last announced its quarterly earnings results on Friday, November 21st. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.02. The firm had revenue of $320.84 million for the quarter, compared to analysts’ expectations of $317.97 million. Buckle had a return on equity of 44.42% and a net margin of 16.13%.The business’s revenue was up 9.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.88 earnings per share.

Buckle Dividend Announcement

The company also recently announced a special dividend, which will be paid on Thursday, January 29th. Investors of record on Thursday, January 15th will be given a dividend of $3.00 per share. The ex-dividend date is Thursday, January 15th. This represents a dividend yield of 248.0%. Buckle’s dividend payout ratio (DPR) is 34.31%.

About Buckle

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.