13,400 Shares in Buckle, Inc. (The) $BKE Bought by Strs Ohio

Strs Ohio acquired a new position in shares of Buckle, Inc. (The) (NYSE:BKE) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 13,400 shares of the company’s stock, valued at approximately $786,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its holdings in Buckle by 9.5% during the first quarter. AQR Capital Management LLC now owns 94,408 shares of the company’s stock worth $3,618,000 after acquiring an additional 8,202 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Buckle by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,363 shares of the company’s stock valued at $704,000 after buying an additional 797 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Buckle by 15.3% in the 1st quarter. Millennium Management LLC now owns 99,547 shares of the company’s stock valued at $3,815,000 after buying an additional 13,189 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Buckle by 1,928.1% in the first quarter. Geneos Wealth Management Inc. now owns 649 shares of the company’s stock valued at $25,000 after buying an additional 617 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in Buckle during the second quarter worth $215,000. 53.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on BKE shares. Wall Street Zen cut shares of Buckle from a “buy” rating to a “hold” rating in a report on Sunday, January 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of Buckle in a report on Wednesday, January 21st. Finally, UBS Group reiterated a “neutral” rating on shares of Buckle in a research note on Friday, January 9th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Buckle currently has a consensus rating of “Hold” and an average target price of $55.00.

Buckle Stock Down 2.1%

BKE stock opened at $47.95 on Thursday. The company’s 50-day moving average price is $54.84 and its two-hundred day moving average price is $55.15. The firm has a market cap of $2.45 billion, a P/E ratio of 11.75 and a beta of 1.12. Buckle, Inc. has a 12 month low of $33.12 and a 12 month high of $61.69.

Buckle (NYSE:BKE) last posted 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 company had revenue of $320.84 million for the quarter, compared to the consensus estimate of $317.97 million. Buckle had a net margin of 16.13% and a return on equity of 44.42%. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period last year, the company posted $0.88 EPS.

Buckle Announces Dividend

The firm also recently declared a special dividend, which will be paid on Thursday, January 29th. Shareholders of record on Thursday, January 15th will be given a $3.00 dividend. The ex-dividend date is Thursday, January 15th. Buckle’s dividend payout ratio is 34.31%.

About Buckle

Buckle, Inc is a retailer specializing in casual apparel, footwear and accessories for young men and women. The company is known for its denim-focused collections, offering both private-label lines and curated brand-name merchandise. Its product assortment includes jeans, tops, outerwear, shoes and a variety of accessories such as belts, jewelry and handbags, all aimed at blending contemporary style with everyday comfort.

Founded in 1948 in Kearney, Nebraska, Buckle began as a single clothing store and has since expanded into a nationwide chain.