Buckle, Inc. (The) $BKE Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its stake in Buckle, Inc. (The) (NYSE:BKE) by 11.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 625,743 shares of the company’s stock after selling 78,851 shares during the period. Victory Capital Management Inc.’s holdings in Buckle were worth $36,706,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of BKE. Geneos Wealth Management Inc. grew its position in shares of Buckle by 1,928.1% during the first quarter. Geneos Wealth Management Inc. now owns 649 shares of the company’s stock worth $25,000 after acquiring an additional 617 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in 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 purchasing an additional 208 shares during the period. Allworth Financial LP boosted its stake in Buckle by 1,652.3% during the 2nd quarter. Allworth Financial LP now owns 771 shares of the company’s stock worth $35,000 after purchasing an additional 727 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Buckle by 162.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 957 shares of the company’s stock valued at $43,000 after purchasing an additional 592 shares during the last quarter. Finally, SBI Securities Co. Ltd. grew its position in Buckle by 64.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 999 shares of the company’s stock valued at $45,000 after buying an additional 393 shares during the last quarter. 53.93% of the stock is currently owned by hedge funds and other institutional investors.

Buckle Price Performance

Shares of NYSE BKE opened at $50.94 on Monday. The company has a market cap of $2.61 billion, a PE ratio of 12.49 and a beta of 1.17. Buckle, Inc. has a 12 month low of $33.12 and a 12 month high of $61.69. The company has a 50-day simple moving average of $52.65 and a 200-day simple moving average of $55.32.

Analysts Set New Price Targets

Several research firms have recently commented on BKE. UBS Group reissued a “neutral” rating on shares of Buckle in a report on Friday, January 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Buckle in a research report 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 equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $55.00.

Buckle Company 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.