Redhawk Wealth Advisors Inc. Has $514,000 Stock Holdings in The Buckle, Inc. (NYSE:BKE)

Redhawk Wealth Advisors Inc. grew its position in The Buckle, Inc. (NYSE:BKE) by 2.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,927 shares of the company’s stock after purchasing an additional 370 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Buckle were worth $514,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. TFO Wealth Partners LLC increased its position in Buckle by 60,000.0% during the fourth quarter. TFO Wealth Partners LLC now owns 601 shares of the company’s stock worth $29,000 after acquiring an additional 600 shares during the period. Quadrant Capital Group LLC grew its stake in shares of Buckle by 527.4% in the 4th quarter. Quadrant Capital Group LLC now owns 985 shares of the company’s stock valued at $47,000 after purchasing an additional 828 shares during the period. CWM LLC grew its position in Buckle by 321.2% in the fourth quarter. CWM LLC now owns 1,112 shares of the company’s stock valued at $53,000 after acquiring an additional 848 shares during the period. Signaturefd LLC grew its holdings in shares of Buckle by 113.7% in the 4th quarter. Signaturefd LLC now owns 1,404 shares of the company’s stock worth $67,000 after purchasing an additional 747 shares during the last quarter. Finally, EntryPoint Capital LLC acquired a new stake in shares of Buckle during the first quarter worth approximately $70,000. 53.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Buckle

In other news, CEO Dennis H. Nelson sold 20,487 shares of the stock in a transaction on Monday, July 29th. The stock was sold at an average price of $41.33, for a total value of $846,727.71. Following the transaction, the chief executive officer now owns 1,965,717 shares of the company’s stock, valued at approximately $81,243,083.61. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, CEO Dennis H. Nelson sold 20,487 shares of the business’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $41.33, for a total transaction of $846,727.71. Following the completion of the transaction, the chief executive officer now directly owns 1,965,717 shares in the company, valued at approximately $81,243,083.61. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Dennis H. Nelson sold 900 shares of the stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $40.33, for a total transaction of $36,297.00. Following the completion of the sale, the chief executive officer now owns 1,949,477 shares in the company, valued at $78,622,407.41. The disclosure for this sale can be found here. In the last three months, insiders have sold 39,227 shares of company stock worth $1,563,527. Company insiders own 39.80% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on BKE shares. StockNews.com lowered Buckle from a “buy” rating to a “hold” rating in a research note on Friday, August 2nd. UBS Group cut their price target on Buckle from $34.00 to $32.00 and set a “sell” rating for the company in a report on Wednesday, May 15th.

Buckle Trading Up 2.4 %

Shares of BKE traded up $1.00 during mid-day trading on Thursday, hitting $42.54. 364,032 shares of the company traded hands, compared to its average volume of 409,624. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 9.80 and a beta of 1.14. The business has a 50-day moving average of $38.37 and a 200 day moving average of $38.35. The Buckle, Inc. has a one year low of $30.31 and a one year high of $48.15.

Buckle (NYSE:BKE) last announced its quarterly earnings data on Friday, May 24th. The company reported $0.69 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.05). The firm had revenue of $262.50 million during the quarter, compared to the consensus estimate of $262.50 million. Buckle had a net margin of 17.07% and a return on equity of 48.21%. The firm’s quarterly revenue was down 7.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.86 earnings per share.

Buckle Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 26th. Shareholders of record on Friday, July 12th were issued a dividend of $0.35 per share. The ex-dividend date was Friday, July 12th. This represents a $1.40 annualized dividend and a yield of 3.29%. Buckle’s dividend payout ratio is currently 33.02%.

Buckle Profile

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.