Aviva PLC Has $603,000 Stock Holdings in The Buckle, Inc. (NYSE:BKE)

Aviva PLC trimmed its holdings in shares of The Buckle, Inc. (NYSE:BKE) by 21.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,874 shares of the company’s stock after selling 3,319 shares during the quarter. Aviva PLC’s holdings in Buckle were worth $603,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Dynamic Technology Lab Private Ltd bought a new stake in shares of Buckle during the fourth quarter worth $525,000. Wells Fargo & Company MN boosted its stake in Buckle by 13.3% in the 4th quarter. Wells Fargo & Company MN now owns 40,532 shares of the company’s stock worth $2,059,000 after purchasing an additional 4,769 shares during the period. Unison Advisors LLC increased its holdings in Buckle by 0.8% during the 4th quarter. Unison Advisors LLC now owns 38,166 shares of the company’s stock worth $1,939,000 after purchasing an additional 307 shares in the last quarter. Bryce Point Capital LLC acquired a new stake in shares of Buckle in the 4th quarter valued at about $1,687,000. Finally, Geode Capital Management LLC lifted its holdings in shares of Buckle by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 815,688 shares of the company’s stock valued at $41,454,000 after purchasing an additional 16,610 shares in the last quarter. 53.93% of the stock is currently owned by institutional investors and hedge funds.

Buckle Price Performance

Shares of NYSE:BKE opened at $35.38 on Friday. The company’s 50-day moving average price is $39.40 and its two-hundred day moving average price is $44.80. The Buckle, Inc. has a one year low of $33.12 and a one year high of $54.25. The stock has a market capitalization of $1.81 billion, a PE ratio of 8.98 and a beta of 0.91.

Buckle (NYSE:BKE) last released its earnings results on Friday, March 14th. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.09. Buckle had a return on equity of 44.11% and a net margin of 16.21%. The business had revenue of $379.20 million for the quarter, compared to the consensus estimate of $378.97 million. During the same quarter in the previous year, the business earned $1.59 earnings per share. Buckle’s quarterly revenue was down .8% on a year-over-year basis.

Buckle Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 15th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 3.96%. The ex-dividend date of this dividend is Tuesday, April 15th. Buckle’s payout ratio is presently 36.08%.

Analyst Ratings Changes

A number of research analysts recently issued reports on BKE shares. UBS Group decreased their price objective on Buckle from $43.00 to $41.00 and set a “neutral” rating for the company in a report on Tuesday, March 18th. StockNews.com cut shares of Buckle from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.

Insider Activity at Buckle

In other news, CEO Dennis H. Nelson sold 20,453 shares of Buckle stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $43.42, for a total value of $888,069.26. Following the completion of the transaction, the chief executive officer now owns 1,698,828 shares of the company’s stock, valued at $73,763,111.76. This trade represents a 1.19 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Over the last three months, insiders sold 74,136 shares of company stock valued at $2,982,360. 39.80% of the stock is owned by corporate insiders.

About Buckle

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.