Vanguard Group Inc. raised its stake in shares of Buckle, Inc. (The) (NYSE:BKE) by 9.0% during the first quarter, according to its most recent filing with the SEC. The fund owned 2,762,893 shares of the company’s stock after buying an additional 228,149 shares during the period. Vanguard Group Inc. owned approximately 0.06% of Buckle, Inc. (The) worth $51,390,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Buckle, Inc. (The) by 15.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,466 shares of the company’s stock valued at $102,000 after buying an additional 737 shares during the period. Mason Street Advisors LLC raised its stake in shares of Buckle, Inc. (The) by 8.2% in the first quarter. Mason Street Advisors LLC now owns 6,594 shares of the company’s stock worth $123,000 after buying an additional 497 shares during the last quarter. Oxford Asset Management acquired a new stake in shares of Buckle, Inc. (The) during the first quarter worth about $187,000. Boston Partners acquired a new stake in shares of Buckle, Inc. (The) during the first quarter worth about $190,000. Finally, Karp Capital Management Corp acquired a new stake in shares of Buckle, Inc. (The) during the first quarter worth about $193,000. 66.46% of the stock is currently owned by institutional investors and hedge funds.

Buckle, Inc. (BKE) opened at 15.65 on Thursday. The company has a market cap of $754.61 million, a P/E ratio of 8.28 and a beta of 0.89. Buckle, Inc. has a one year low of $15.55 and a one year high of $28.67. The company has a 50 day moving average of $16.95 and a 200-day moving average of $18.28.

Buckle, Inc. (The) (NYSE:BKE) last posted its earnings results on Thursday, May 18th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.02. The company had revenue of $212.20 million for the quarter, compared to analyst estimates of $216.42 million. Buckle, Inc. (The) had a net margin of 9.66% and a return on equity of 20.95%. Buckle, Inc. (The)’s revenue was down 12.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.48 EPS. On average, equities analysts expect that Buckle, Inc. will post $1.68 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 26th. Shareholders of record on Friday, July 14th were issued a $0.25 dividend. The ex-dividend date was Wednesday, July 12th. This represents a $1.00 annualized dividend and a yield of 6.12%. Buckle, Inc. (The)’s payout ratio is 53.19%.

ILLEGAL ACTIVITY WARNING: “Vanguard Group Inc. Has $51.39 Million Position in Buckle, Inc. (The) (BKE)” was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be accessed at https://www.watchlistnews.com/vanguard-group-inc-has-51-39-million-position-in-buckle-inc-the-bke/1469620.html.

BKE has been the subject of a number of research analyst reports. Zacks Investment Research lowered Buckle, Inc. (The) from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 5th. BidaskClub lowered Buckle, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Deutsche Bank AG upgraded Buckle, Inc. (The) from a “sell” rating to a “hold” rating and raised their price objective for the company from $15.00 to $16.00 in a research report on Tuesday, July 4th. Finally, ValuEngine raised shares of Buckle, Inc. (The) from a “hold” rating to a “buy” rating in a report on Saturday, May 20th. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $18.67.

About Buckle, Inc. (The)

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.

Want to see what other hedge funds are holding BKE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Buckle, Inc. (The) (NYSE:BKE).

Institutional Ownership by Quarter for Buckle, Inc. (The) (NYSE:BKE)

Receive News & Ratings for Buckle Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buckle Inc. (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.