Adams Asset Advisors Decreased Buckle (BKE) Position By $746,465; Assurant Has 0.89 Sentiment

May 17, 2018 - By Linda Melvin

The Buckle, Inc. (NYSE:BKE) Logo

Adams Asset Advisors Llc decreased Buckle Inc (BKE) stake by 43.51% reported in 2017Q4 SEC filing. Adams Asset Advisors Llc sold 32,455 shares as Buckle Inc (BKE)’s stock declined 4.20%. The Adams Asset Advisors Llc holds 42,141 shares with $1.00M value, down from 74,596 last quarter. Buckle Inc now has $1.25B valuation. The stock increased 3.00% or $0.75 during the last trading session, reaching $25.75. About 605,261 shares traded or 14.26% up from the average. The Buckle, Inc. (NYSE:BKE) has risen 28.63% since May 17, 2017 and is uptrending. It has outperformed by 17.08% the S&P500.

Assurant Inc (AIZ) investors sentiment decreased to 0.89 in 2017 Q4. It’s down -0.12, from 1.01 in 2017Q3. The ratio turned negative, as 142 institutional investors started new and increased stock positions, while 159 decreased and sold their equity positions in Assurant Inc. The institutional investors in our database now have: 47.03 million shares, up from 46.94 million shares in 2017Q3. Also, the number of institutional investors holding Assurant Inc in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 38 Reduced: 121 Increased: 103 New Position: 39.

Lyrical Asset Management Lp holds 2.36% of its portfolio in Assurant, Inc. for 1.92 million shares. Dearborn Partners Llc owns 186,520 shares or 1.35% of their US portfolio. Moreover, Samlyn Capital Llc has 1.34% invested in the company for 580,182 shares. The North Carolina-based Wedge Capital Management L L P Nc has invested 1.09% in the stock. Tobam, a France-based fund reported 234,130 shares.

More recent Assurant, Inc. (NYSE:AIZ) news were published by: Globenewswire.com which released: “New Research Coverage Highlights Assurant, Williams Partners, Atmos Energy, Nationstar Mortgage, Applied …” on May 15, 2018. Also Seekingalpha.com published the news titled: “Assurant’s (AIZ) CEO Alan Colberg on Q1 2018 Results – Earnings Call Transcript” on May 06, 2018. Businesswire.com‘s news article titled: “Assurant Board of Directors Declares Quarterly Dividends on its Common and Preferred Stock” with publication date: May 11, 2018 was also an interesting one.

Assurant, Inc., through its subsidiaries, provides risk management solutions for housing and lifestyle markets worldwide. The company has market cap of $4.95 billion. The companyÂ’s Global Housing segment provides lender-placed, homeowners, voluntary manufactured housings, and floods insurance services; renters insurance and related products; and mortgage solutions comprising property inspection and preservation services, valuation and title services, and other property risk management services. It has a 10 P/E ratio. The Company’s Global Lifestyle segment offers mobile device protection products and related services, and extended service contracts for consumer electronics and appliances; vehicle protection services; and credit and other insurance services.

Analysts await Assurant, Inc. (NYSE:AIZ) to report earnings on August, 7. They expect $1.88 EPS, up 15.34% or $0.25 from last year’s $1.63 per share. AIZ’s profit will be $99.06M for 12.49 P/E if the $1.88 EPS becomes a reality. After $2.00 actual EPS reported by Assurant, Inc. for the previous quarter, Wall Street now forecasts -6.00% negative EPS growth.

The stock increased 4.72% or $4.23 during the last trading session, reaching $93.94. About 1.87 million shares traded or 199.18% up from the average. Assurant, Inc. (AIZ) has declined 5.15% since May 17, 2017 and is downtrending. It has underperformed by 16.70% the S&P500.

Analysts await The Buckle, Inc. (NYSE:BKE) to report earnings on May, 25 before the open. They expect $0.35 earnings per share, up 2.94% or $0.01 from last year’s $0.34 per share. BKE’s profit will be $16.95 million for 18.39 P/E if the $0.35 EPS becomes a reality. After $0.87 actual earnings per share reported by The Buckle, Inc. for the previous quarter, Wall Street now forecasts -59.77% negative EPS growth.

Among 3 analysts covering Buckle Inc (NYSE:BKE), 0 have Buy rating, 2 Sell and 1 Hold. Therefore 0 are positive. Buckle Inc has $45 highest and $13 lowest target. $29.67’s average target is 15.22% above currents $25.75 stock price. Buckle Inc had 13 analyst reports since August 18, 2015 according to SRatingsIntel. Wolfe Research downgraded the stock to “Underperform” rating in Friday, May 6 report. The company was upgraded on Thursday, January 7 by Standpoint Research. Deutsche Bank upgraded The Buckle, Inc. (NYSE:BKE) rating on Friday, April 7. Deutsche Bank has “Hold” rating and $16 target. The rating was upgraded by Zacks on Monday, August 24 to “Sell”. The company was maintained on Sunday, August 23 by Sterne Agee CRT. As per Friday, May 19, the company rating was downgraded by Deutsche Bank. The firm has “Peer Perform” rating given on Tuesday, August 18 by Wolfe Research. The company was maintained on Saturday, August 22 by Brean Capital. The firm earned “Sell” rating on Friday, August 18 by Deutsche Bank. On Wednesday, March 30 the stock rating was downgraded by Standpoint Research to “Hold”.

Another recent and important The Buckle, Inc. (NYSE:BKE) news was published by Businesswire.com which published an article titled: “The Buckle, Inc. Reports April 2018 Net Sales” on May 10, 2018.

Investors sentiment decreased to 1.21 in Q4 2017. Its down 0.13, from 1.34 in 2017Q3. It worsened, as 15 investors sold BKE shares while 51 reduced holdings. 41 funds opened positions while 39 raised stakes. 31.31 million shares or 8.47% more from 28.86 million shares in 2017Q3 were reported. Amp Limited accumulated 48,340 shares. Public Sector Pension Inv Board has invested 0% in The Buckle, Inc. (NYSE:BKE). Meeder Asset Mgmt owns 0% invested in The Buckle, Inc. (NYSE:BKE) for 170 shares. Barclays Plc, United Kingdom-based fund reported 23,605 shares. Morgan Stanley accumulated 264,917 shares or 0% of the stock. Comerica Bancorporation has 29,126 shares for 0% of their portfolio. Voya Inv Mngmt Lc stated it has 13,913 shares. 36,184 were accumulated by Stifel Financial Corp. First Tru Advisors LP invested in 135,924 shares. American Intll Grp Incorporated accumulated 22,821 shares. Metropolitan Life New York has 9,654 shares. 800 were reported by Macquarie Group Ltd. Wisconsin-based Morgan Dempsey Mngmt Limited Liability has invested 0.17% in The Buckle, Inc. (NYSE:BKE). Public Employees Retirement Association Of Colorado has invested 0% in The Buckle, Inc. (NYSE:BKE). Ameriprise Fincl Incorporated holds 266,791 shares.

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

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