The Buckle, Inc. (NYSE:BKE) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. decreased its stake in shares of The Buckle, Inc. (NYSE:BKE) by 55.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 98,713 shares of the company’s stock after selling 122,371 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.20% of Buckle worth $47,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Gladius Capital Management LP boosted its position in shares of Buckle by 408.3% during the 3rd quarter. Gladius Capital Management LP now owns 981 shares of the company’s stock valued at $33,000 after purchasing an additional 788 shares in the last quarter. Planned Solutions Inc. bought a new position in shares of Buckle during the 4th quarter valued at about $44,000. Quadrant Capital Group LLC boosted its position in shares of Buckle by 527.4% during the 4th quarter. Quadrant Capital Group LLC now owns 985 shares of the company’s stock valued at $47,000 after purchasing an additional 828 shares in the last quarter. CWM LLC boosted its position in shares of Buckle by 321.2% during the 4th quarter. CWM LLC now owns 1,112 shares of the company’s stock valued at $53,000 after purchasing an additional 848 shares in the last quarter. Finally, Signaturefd LLC boosted its position in shares of Buckle by 113.7% during the 4th quarter. Signaturefd LLC now owns 1,404 shares of the company’s stock valued at $67,000 after purchasing an additional 747 shares in the last quarter. Institutional investors and hedge funds own 53.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. UBS Group reduced their price objective on shares of Buckle from $34.00 to $32.00 and set a “sell” rating for the company in a research report on Wednesday, May 15th. StockNews.com upgraded shares of Buckle from a “hold” rating to a “buy” rating in a report on Monday, April 15th.

Buckle Stock Performance

BKE stock opened at $36.73 on Monday. The stock has a market cap of $1.87 billion, a P/E ratio of 8.66 and a beta of 1.24. The firm has a 50 day simple moving average of $37.96 and a 200 day simple moving average of $39.40. The Buckle, Inc. has a 52 week low of $30.18 and a 52 week high of $48.15.

Buckle (NYSE:BKE) last posted its quarterly earnings results on Friday, May 24th. The company reported $0.69 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.05). The company had revenue of $262.50 million for the quarter, compared to analyst estimates of $262.50 million. Buckle had a return on equity of 50.88% and a net margin of 17.44%. The business’s revenue for the quarter was down 7.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.86 earnings per share.

Buckle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 26th. Investors of record on Friday, April 12th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 3.81%. The ex-dividend date was Thursday, April 11th. Buckle’s payout ratio is presently 33.02%.

Buckle Profile

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.