First Trust Advisors LP lowered its position in shares of Buckle Inc (NYSE:BKE) by 9.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 135,924 shares of the company’s stock after selling 13,635 shares during the period. First Trust Advisors LP owned 0.28% of Buckle worth $3,228,000 as of its most recent filing with the SEC.
Other institutional investors have also recently added to or reduced their stakes in the company. C M Bidwell & Associates Ltd. bought a new position in shares of Buckle during the fourth quarter worth about $105,000. Public Employees Retirement System of Ohio grew its position in shares of Buckle by 14.2% during the second quarter. Public Employees Retirement System of Ohio now owns 7,983 shares of the company’s stock worth $142,000 after acquiring an additional 995 shares during the last quarter. Municipal Employees Retirement System of Michigan grew its position in shares of Buckle by 59.8% during the third quarter. Municipal Employees Retirement System of Michigan now owns 10,630 shares of the company’s stock worth $179,000 after acquiring an additional 3,980 shares during the last quarter. Teacher Retirement System of Texas bought a new position in shares of Buckle during the fourth quarter worth about $255,000. Finally, Trilogy Capital Inc. bought a new position in shares of Buckle during the fourth quarter worth about $262,000. Institutional investors and hedge funds own 64.93% of the company’s stock.
Several equities analysts have recently commented on BKE shares. ValuEngine lowered shares of Buckle from a “strong-buy” rating to a “buy” rating in a research report on Thursday, March 1st. Zacks Investment Research lowered shares of Buckle from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 6th.
Buckle Inc (BKE) opened at $18.80 on Wednesday. The company has a market cap of $932.87, a PE ratio of 10.87 and a beta of 0.86. Buckle Inc has a 12-month low of $13.50 and a 12-month high of $25.11.
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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.
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