Cwm LLC Increases Holdings in The Buckle, Inc. (NYSE:BKE)

Cwm LLC increased its stake in The Buckle, Inc. (NYSE:BKE) by 321.2% in the 4th quarter, HoldingsChannel reports. The fund owned 1,112 shares of the company’s stock after acquiring an additional 848 shares during the period. Cwm LLC’s holdings in Buckle were worth $53,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in BKE. Signaturefd LLC increased 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 during the last quarter. Everence Capital Management Inc. bought a new position in Buckle during the fourth quarter valued at $256,000. Louisiana State Employees Retirement System purchased a new stake in shares of Buckle in the fourth quarter valued at $708,000. Mutual of America Capital Management LLC bought a new stake in shares of Buckle in the 4th quarter worth about $248,000. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Buckle by 5.2% during the 4th quarter. Nisa Investment Advisors LLC now owns 20,870 shares of the company’s stock worth $992,000 after purchasing an additional 1,025 shares during the period. 53.93% of the stock is owned by institutional investors.

Buckle Stock Up 1.4 %

Shares of Buckle stock opened at $38.66 on Thursday. The Buckle, Inc. has a 52 week low of $30.18 and a 52 week high of $48.15. The company has a market capitalization of $1.96 billion, a PE ratio of 8.77 and a beta of 1.24. The stock’s fifty day moving average is $38.29 and its two-hundred day moving average is $39.09.

Buckle (NYSE:BKE) last posted its quarterly earnings results on Friday, March 15th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.44 by $0.15. The company had revenue of $382.40 million for the quarter, compared to the consensus estimate of $383.63 million. Buckle had a net margin of 17.44% and a return on equity of 50.88%. The firm’s revenue was down 4.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.76 EPS.

Buckle Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 26th. Investors of record on Friday, April 12th were paid a $0.35 dividend. The ex-dividend date of this dividend was Thursday, April 11th. This represents a $1.40 annualized dividend and a yield of 3.62%. Buckle’s dividend payout ratio (DPR) is currently 31.75%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Buckle from a “hold” rating to a “buy” rating in a research report on Monday, April 15th.

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.