Segall Bryant & Hamill LLC Increases Stock Holdings in Buckle, Inc. (The) $BKE

Segall Bryant & Hamill LLC increased its position in Buckle, Inc. (The) (NYSE:BKE) by 24.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,010 shares of the company’s stock after purchasing an additional 9,593 shares during the period. Segall Bryant & Hamill LLC owned 0.10% of Buckle worth $2,875,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. 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 worth $25,000 after acquiring an additional 617 shares during the last quarter. Hantz Financial Services Inc. increased its stake in Buckle by 81.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 463 shares of the company’s stock valued at $27,000 after purchasing an additional 208 shares in the last quarter. Allworth Financial LP raised its holdings in Buckle by 1,652.3% in the second quarter. Allworth Financial LP now owns 771 shares of the company’s stock worth $35,000 after buying an additional 727 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Buckle by 162.2% in the second quarter. EverSource Wealth Advisors LLC now owns 957 shares of the company’s stock worth $43,000 after buying an additional 592 shares in the last quarter. Finally, SBI Securities Co. Ltd. grew its holdings in shares of Buckle by 64.9% during the second quarter. SBI Securities Co. Ltd. now owns 999 shares of the company’s stock valued at $45,000 after buying an additional 393 shares during the last quarter. Institutional investors own 53.93% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the company. Wall Street Zen upgraded Buckle from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Weiss Ratings reaffirmed 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 report on Friday, January 9th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $55.00.

Buckle Price Performance

Buckle stock opened at $52.55 on Friday. Buckle, Inc. has a 1 year low of $33.12 and a 1 year high of $61.69. The firm’s 50 day moving average price is $52.72 and its 200-day moving average price is $55.35. The stock has a market cap of $2.69 billion, a P/E ratio of 12.88 and a beta of 1.17.

Buckle Announces Dividend

The business also recently disclosed a special dividend, which was paid on Thursday, January 29th. Stockholders of record on Thursday, January 15th were paid a $3.00 dividend. The ex-dividend date of this dividend was Thursday, January 15th. Buckle’s dividend payout ratio (DPR) is presently 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.