South Dakota Investment Council boosted its stake in shares of Buckle, Inc. (The) (NYSE:BKE) by 14.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 233,500 shares of the company’s stock after purchasing an additional 30,000 shares during the quarter. South Dakota Investment Council owned about 0.48% of Buckle, Inc. (The) worth $4,156,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Buckle, Inc. (The) by 15.6% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,466 shares of the company’s stock worth $102,000 after purchasing an additional 737 shares during the period. Municipal Employees Retirement System of Michigan boosted its position in Buckle, Inc. (The) by 4.6% during the second quarter. Municipal Employees Retirement System of Michigan now owns 6,650 shares of the company’s stock worth $118,000 after purchasing an additional 290 shares during the period. Mason Street Advisors LLC boosted its position in Buckle, Inc. (The) by 8.2% during the first quarter. Mason Street Advisors LLC now owns 6,594 shares of the company’s stock worth $123,000 after purchasing an additional 497 shares during the period. Public Employees Retirement System of Ohio boosted its position in Buckle, Inc. (The) by 17.8% during the first quarter. Public Employees Retirement System of Ohio now owns 6,988 shares of the company’s stock worth $130,000 after purchasing an additional 1,056 shares during the period. Finally, Pacad Investment Ltd. boosted its position in Buckle, Inc. (The) by 750.0% during the second quarter. Pacad Investment Ltd. now owns 8,500 shares of the company’s stock worth $151,000 after purchasing an additional 7,500 shares during the period. 59.51% of the stock is owned by hedge funds and other institutional investors.

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Buckle, Inc. (BKE) traded down 3.04% during trading on Friday, reaching $14.35. 426,096 shares of the company’s stock were exchanged. Buckle, Inc. has a 12 month low of $13.50 and a 12 month high of $27.10. The firm’s 50-day moving average price is $15.47 and its 200-day moving average price is $17.34. The firm has a market cap of $691.91 million, a price-to-earnings ratio of 7.98 and a beta of 0.87.

Buckle, Inc. (The) (NYSE:BKE) last announced its quarterly earnings data on Thursday, August 17th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. The firm had revenue of $195.65 million during the quarter, compared to the consensus estimate of $195.97 million. Buckle, Inc. (The) had a return on equity of 19.96% and a net margin of 9.40%. The business’s revenue for the quarter was down 7.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.32 EPS. On average, equities research analysts anticipate that Buckle, Inc. will post $1.62 EPS for the current year.

A number of research firms have commented on BKE. ValuEngine raised shares of Buckle, Inc. (The) from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Deutsche Bank AG reduced their price objective on shares of Buckle, Inc. (The) from $15.00 to $13.00 and set a “sell” rating for the company in a research report on Friday, August 18th. BidaskClub cut shares of Buckle, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Monday, August 14th. Finally, Zacks Investment Research cut shares of Buckle, Inc. (The) from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 5th.

Buckle, Inc. (The) Profile

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.

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

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