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Capital Investment Services Of America Has Trimmed Its Fleetcor Technologies (FLT) Holding by $318,352; As Buckle (BKE) Market Valuation Rose, Shareholder Sprott Cut Position

The Buckle, Inc. (NYSE:BKE) Logo

Eric Sprott decreased its stake in Buckle Inc (BKE) by 7.34% based on its latest 2018Q1 regulatory filing with the SEC. Sprott Inc sold 23,500 shares as the company’s stock rose 12.98% while stock markets declined. The hedge fund run by Eric Sprott held 296,500 shares of the consumer services company at the end of 2018Q1, valued at $6.57 million, down from 320,000 at the end of the previous reported quarter. Sprott Inc who had been investing in Buckle Inc for a number of months, seems to be less bullish one the $1.27 billion market cap company. The stock decreased 1.32% or $0.35 during the last trading session, reaching $26.2. About 824,348 shares traded or 68.11% up from the average. The Buckle, Inc. (NYSE:BKE) has risen 62.61% since June 17, 2017 and is uptrending. It has outperformed by 50.04% the S&P500. Some Historical BKE News: 08/03/2018 – BUCKLE INC BKE.N FEBRUARY SALES ROSE 2 PCT TO $64 MLN; 12/04/2018 – Buckle Inc March Net Sales Fell 5.2% to $82.3M; 17/05/2018 – Analysis: Positioning to Benefit within Apogee Enterprises, ArcBest, Buckle, Career Education, Abercrombie & Fitch, and Education Realty Trust — Research Highlights Growth, Revenue, and Consolidated Results; 10/05/2018 – Buckle’s First-quarter Same-store Sales Decline Less Than Expected, Net Sales Miss — MarketWatch; 17/05/2018 – Analysis: Positioning to Benefit within Apogee Enterprises, ArcBest, Buckle, Career Education, Abercrombie & Fitch, and Educati; 25/05/2018 – Buckle First-Quarter Profit Rises 12%; 08/03/2018 – The Buckle: Comparable-Store Sales Fell 5.3% in February; 25/05/2018 – BUCKLE 1Q EPS 38C, EST. 37C (2 EST.); 30/05/2018 – Dir Fairfield Gifts 650 Of Buckle Inc; 10/05/2018 – Buckle Inc April Comparable Store Net Sales Decreased 3.4%

Capital Investment Services Of America Inc decreased its stake in Fleetcor Technologies Inc. (FLT) by 2.05% based on its latest 2018Q1 regulatory filing with the SEC. Capital Investment Services Of America Inc sold 1,576 shares as the company’s stock declined 0.90% with the market. The institutional investor held 75,310 shares of the miscellaneous company at the end of 2018Q1, valued at $15.25M, down from 76,886 at the end of the previous reported quarter. Capital Investment Services Of America Inc who had been investing in Fleetcor Technologies Inc. for a number of months, seems to be less bullish one the $18.56 billion market cap company. The stock increased 0.76% or $1.56 during the last trading session, reaching $207.09. About 702,456 shares traded or 15.74% up from the average. FleetCor Technologies, Inc. (NYSE:FLT) has risen 43.29% since June 17, 2017 and is uptrending. It has outperformed by 30.72% the S&P500. Some Historical FLT News: 03/05/2018 – FLEETCOR TECHNOLOGIES INC – SEES FULL YEAR 2018 REVENUES INCLUDING ADOPTION OF ASC 606, BETWEEN $2,390 MLN AND $2,450 MLN; 19/03/2018 – Robbins Arroyo LLP is Investigating FleetCor Technologies, Inc. (FLT); 02/05/2018 – Franklin Templeton – Technology Adds Intel, Exits FleetCor; 19/03/2018 – FLEETCOR Recognized for Innovation, Growth, & Success; 03/05/2018 – FleetCor 1Q Rev $585.5M; 14/03/2018 – FLEETCOR TECHNOLOGIES INC FLT.N : MORGAN STANLEY RAISES TARGET PRICE TO $235 FROM $232; 07/05/2018 – FleetCor Presenting at JPMorgan Conference May 16; 03/05/2018 – FleetCor 1Q EPS $1.88; 03/05/2018 – FLEETCOR 1Q ADJ EPS $2.50, EST. $2.38; 03/05/2018 – FLEETCOR TECHNOLOGIES INC – SEES FULL YEAR 2018 ADJ NET INCOME PER DILUTED SHARE BETWEEN $10.20 AND $10.50

More important recent The Buckle, Inc. (NYSE:BKE) news were published by: Seekingalpha.com which released: “Buckle: Slowing Trends” on May 19, 2018, also Seekingalpha.com published article titled: “Buckle – 50% Above Fair Value”, Seekingalpha.com published: “The Buckle, Inc. (BKE) CEO Dennis Nelson on Q1 2018 Results – Earnings Call Transcript” on May 25, 2018. More interesting news about The Buckle, Inc. (NYSE:BKE) was released by: Seekingalpha.com and their article: “Buckle: Fair Value And Ongoing Trends” with publication date: June 15, 2018.

Among 3 analysts covering Buckle Inc (NYSE:BKE), 0 have Buy rating, 2 Sell and 1 Hold. Therefore 0 are positive. Buckle Inc had 13 analyst reports since August 18, 2015 according to SRatingsIntel. The company was downgraded on Friday, May 6 by Wolfe Research. The company was downgraded on Friday, May 19 by Deutsche Bank. Deutsche Bank maintained it with “Sell” rating and $13 target in Friday, August 18 report. Standpoint Research upgraded the shares of BKE in report on Thursday, January 7 to “Buy” rating. On Friday, April 7 the stock rating was upgraded by Deutsche Bank to “Hold”. The rating was upgraded by Zacks to “Sell” on Monday, August 24. As per Wednesday, March 30, the company rating was downgraded by Standpoint Research. The rating was maintained by Brean Capital on Saturday, August 22 with “Hold”. Wolfe Research initiated The Buckle, Inc. (NYSE:BKE) on Tuesday, August 18 with “Peer Perform” rating. Sterne Agee CRT maintained it with “Hold” rating and $45 target in Sunday, August 23 report.

Since January 19, 2018, it had 0 insider purchases, and 7 sales for $821,693 activity. $569,500 worth of The Buckle, Inc. (NYSE:BKE) shares were sold by RHOADS KAREN B. 1,200 shares were sold by HANSON KYLE, worth $27,240 on Wednesday, April 18. 1,200 shares were sold by APPLEGATE DIANE L, worth $25,003.

Investors sentiment decreased to 1.2 in Q1 2018. Its down 0.01, from 1.21 in 2017Q4. It is negative, as 22 investors sold BKE shares while 49 reduced holdings. 31 funds opened positions while 54 raised stakes. 32.00 million shares or 2.24% more from 31.31 million shares in 2017Q4 were reported. Northwestern Mutual Wealth Mgmt accumulated 240 shares. Moreover, Hanseatic Mngmt Service has 0% invested in The Buckle, Inc. (NYSE:BKE) for 52 shares. Schwab Charles Inv, a California-based fund reported 518,761 shares. Dimensional Fund Advsrs LP stated it has 0% of its portfolio in The Buckle, Inc. (NYSE:BKE). 24,747 are owned by Bluecrest Management Limited. California Public Employees Retirement Sys invested in 139,457 shares or 0% of the stock. Mason Street Ltd Liability reported 7,859 shares. Dekabank Deutsche Girozentrale holds 0% or 18,031 shares in its portfolio. Geode Cap Mgmt Limited Liability Co holds 0% in The Buckle, Inc. (NYSE:BKE) or 278,593 shares. Aqr Management Lc owns 75,296 shares for 0% of their portfolio. Wellington Management Gp Llp reported 199,004 shares or 0% of all its holdings. Ameriprise holds 267,189 shares. First Manhattan Communications, New York-based fund reported 3,800 shares. Credit Suisse Ag invested in 0% or 35,044 shares. Ls Inv Advsrs Limited Liability has 817 shares for 0% of their portfolio.

Sprott Inc, which manages about $3.27B and $482.66 million US Long portfolio, upped its stake in B2gold Corp (NYSEMKT:BTG) by 2.90M shares to 3.99M shares, valued at $10.90 million in 2018Q1, according to the filing. It also increased its holding in Tahoe Res Inc (NYSE:TAHO) by 1.62 million shares in the quarter, for a total of 1.65M shares, and has risen its stake in Compania De Minas Buenaventu (NYSE:BVN).

Analysts await The Buckle, Inc. (NYSE:BKE) to report earnings on August, 16. They expect $0.25 EPS, up 4.17% or $0.01 from last year’s $0.24 per share. BKE’s profit will be $12.11 million for 26.20 P/E if the $0.25 EPS becomes a reality. After $0.38 actual EPS reported by The Buckle, Inc. for the previous quarter, Wall Street now forecasts -34.21% negative EPS growth.

Capital Investment Services Of America Inc, which manages about $640.18M US Long portfolio, upped its stake in Cognizant Technology Solutions (NASDAQ:CTSH) by 5,960 shares to 114,086 shares, valued at $9.18M in 2018Q1, according to the filing. It also increased its holding in Qualcomm Inc (NASDAQ:QCOM) by 66,446 shares in the quarter, for a total of 222,653 shares, and has risen its stake in Celgene Corp (NASDAQ:CELG).

More notable recent FleetCor Technologies, Inc. (NYSE:FLT) news were published by: Prnewswire.com which released: “NVIDIA Set to Join S&P 100; FleetCor Technologies to Join S&P 500; Penn Virginia to Join S&P SmallCap 600” on June 15, 2018, also Globenewswire.com with their article: “Update: Lawsuit for Investors in shares of FleetCor Technologies, Inc. (NYSE: FLT) announced by Shareholders …” published on May 22, 2018, Prnewswire.com published: “FLEETCOR INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC …” on June 09, 2018. More interesting news about FleetCor Technologies, Inc. (NYSE:FLT) were released by: Digitaljournal.com and their article: “FLEETCOR INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates …” published on June 16, 2018 as well as Seekingalpha.com‘s news article titled: “PVAC +3.7%, FLT +4.5% on index changes; NVDA to S&P 100” with publication date: June 15, 2018.

Investors sentiment decreased to 0.8 in Q1 2018. Its down 0.40, from 1.2 in 2017Q4. It dropped, as 39 investors sold FLT shares while 148 reduced holdings. 53 funds opened positions while 97 raised stakes. 80.19 million shares or 2.14% less from 81.94 million shares in 2017Q4 were reported. Invesco Ltd reported 0% of its portfolio in FleetCor Technologies, Inc. (NYSE:FLT). Glenmede Trust Com Na has 0.02% invested in FleetCor Technologies, Inc. (NYSE:FLT). Parametric Portfolio Associates Ltd Liability Corporation accumulated 188,600 shares. Qs Ltd Llc has invested 0% in FleetCor Technologies, Inc. (NYSE:FLT). Moreover, Old Natl Bancorp In has 0.06% invested in FleetCor Technologies, Inc. (NYSE:FLT). First Amer Bankshares invested in 0.02% or 1,518 shares. Tiger Eye Cap Lc holds 1.09% or 24,500 shares in its portfolio. Fifth Third Bancshares reported 1,608 shares. 71 are owned by Northwestern Mutual Wealth Mgmt Company. 7,533 were accumulated by Guggenheim Lc. Ibm Retirement Fund holds 0.1% of its portfolio in FleetCor Technologies, Inc. (NYSE:FLT) for 2,625 shares. Pnc Fincl Services Gp owns 2,099 shares or 0% of their US portfolio. Bnp Paribas Asset Hldg holds 0.06% or 34,729 shares. Wilbanks Smith And Thomas Asset Mngmt Ltd Co stated it has 0.02% in FleetCor Technologies, Inc. (NYSE:FLT). Crescent Park Mngmt LP stated it has 178,945 shares or 7.91% of all its holdings.

The Buckle, Inc. (NYSE:BKE) Institutional Positions Chart

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