Buckle, Inc. (The) $BKE Holdings Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its holdings in shares of Buckle, Inc. (The) (NYSE:BKE) by 376.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 288,920 shares of the company’s stock after buying an additional 228,260 shares during the period. JPMorgan Chase & Co.’s holdings in Buckle were worth $16,948,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. grew its stake in Buckle by 81.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 463 shares of the company’s stock valued at $27,000 after acquiring an additional 208 shares in the last quarter. Geneos Wealth Management Inc. grew its position in Buckle by 1,928.1% during the first quarter. Geneos Wealth Management Inc. now owns 649 shares of the company’s stock valued at $25,000 after purchasing an additional 617 shares in the last quarter. Allworth Financial LP increased its stake in Buckle by 1,652.3% in the 2nd quarter. Allworth Financial LP now owns 771 shares of the company’s stock valued at $35,000 after buying an additional 727 shares during the period. EverSource Wealth Advisors LLC increased its stake in 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 buying an additional 592 shares during the period. Finally, SBI Securities Co. Ltd. lifted its position in Buckle by 64.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 999 shares of the company’s stock worth $45,000 after buying an additional 393 shares in the last quarter. 53.93% of the stock is currently owned by institutional investors and hedge funds.

Buckle Trading Up 0.9%

Shares of NYSE:BKE opened at $52.71 on Wednesday. The stock has a market capitalization of $2.70 billion, a PE ratio of 12.92 and a beta of 1.17. Buckle, Inc. has a 1 year low of $33.12 and a 1 year high of $61.69. The firm has a fifty day moving average price of $52.81 and a 200 day moving average price of $55.38.

Buckle Announces Dividend

The business also recently disclosed a special dividend, which was paid on Thursday, January 29th. Stockholders of record on Thursday, January 15th were issued a dividend of $3.00 per share. The ex-dividend date of this dividend was Thursday, January 15th. Buckle’s dividend payout ratio is currently 34.31%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on BKE. UBS Group restated a “neutral” rating on shares of Buckle in a report on Friday, January 9th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Buckle in a research report on Wednesday, January 21st. Finally, Wall Street Zen upgraded Buckle from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $55.00.

About Buckle

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.