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

Segall Bryant & Hamill LLC increased its stake in Buckle, Inc. (The) (NYSE:BKE) by 24.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 49,010 shares of the company’s stock after buying an additional 9,593 shares during the period. Segall Bryant & Hamill LLC’s holdings in Buckle were worth $2,875,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Ameritas Investment Partners Inc. increased its holdings in Buckle by 1.1% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 18,204 shares of the company’s stock worth $826,000 after purchasing an additional 190 shares during the period. Hantz Financial Services Inc. grew its position in shares of Buckle by 81.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 463 shares of the company’s stock worth $27,000 after buying an additional 208 shares in the last quarter. Belpointe Asset Management LLC increased its stake in shares of Buckle by 2.0% during the third quarter. Belpointe Asset Management LLC now owns 11,215 shares of the company’s stock valued at $658,000 after buying an additional 218 shares during the period. Franklin Resources Inc. raised its holdings in shares of Buckle by 0.9% in the second quarter. Franklin Resources Inc. now owns 26,453 shares of the company’s stock valued at $1,200,000 after acquiring an additional 230 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of Buckle by 7.6% in the third quarter. GAMMA Investing LLC now owns 3,371 shares of the company’s stock valued at $198,000 after acquiring an additional 237 shares in the last quarter. 53.93% of the stock is currently owned by institutional investors.

Buckle Trading Down 0.8%

Shares of BKE stock opened at $52.55 on Friday. Buckle, Inc. has a twelve month low of $33.12 and a twelve month high of $61.69. The stock has a market cap of $2.69 billion, a P/E ratio of 12.88 and a beta of 1.17. The stock has a 50 day moving average of $52.72 and a 200 day moving average of $55.35.

Buckle Dividend Announcement

The business also recently announced a special dividend, which was paid on Thursday, January 29th. Stockholders of record on Thursday, January 15th were paid a dividend of $3.00 per share. The ex-dividend date of this dividend was Thursday, January 15th. Buckle’s payout ratio is currently 34.31%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on BKE. UBS Group reissued a “neutral” rating on shares of Buckle in a research report on Friday, January 9th. Weiss Ratings reissued a “hold (c+)” rating on shares of Buckle in a research note on Wednesday, January 21st. Finally, Wall Street Zen raised Buckle from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $55.00.

Buckle Profile

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.