Buckle (BKE) Position Has Upped by Advisors Asset Management Inc; Arrow Financial Position in Citigroup (C) Raised by $473,355

June 14, 2018 - By Stephen Andrade

Citigroup Inc. (NYSE:C) Logo

Advisors Asset Management Inc increased its stake in Buckle Inc (BKE) by 4.61% based on its latest 2018Q1 regulatory filing with the SEC. Advisors Asset Management Inc bought 20,154 shares as the company’s stock rose 12.98% while stock markets declined. The institutional investor held 457,732 shares of the consumer services company at the end of 2018Q1, valued at $9.64M, up from 437,578 at the end of the previous reported quarter. Advisors Asset Management Inc who had been investing in Buckle Inc for a number of months, seems to be bullish on the $1.29 billion market cap company. The stock decreased 3.97% or $1.1 during the last trading session, reaching $26.6. About 355,872 shares traded. The Buckle, Inc. (NYSE:BKE) has risen 62.61% since June 14, 2017 and is uptrending. It has outperformed by 50.04% the S&P500. Some Historical BKE News: 12/04/2018 – BUCKLE MARCH COMP SALES DOWN 1.1% VS. EST. DOWN 3.5% :BKE US; 10/05/2018 – Buckle’s First-quarter Same-store Sales Decline Less Than Expected, Net Sales Miss — MarketWatch; 12/04/2018 – Buckle Inc March Net Sales Fell 5.2% to $82.3M; 08/03/2018 – BUCKLE INC – COMPARABLE STORE NET SALES, FOR STORES OPEN AT LEAST ONE YEAR, FOR 4-WEEK PERIOD ENDED MARCH 3 DECREASED 5.3 PCT; 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; 08/03/2018 – Buckle Closes Below 50-Day Moving Average: Technicals; 10/05/2018 – Buckle Inc April Net Sales Decreased 6.5% to $58.6M; 12/04/2018 – The Buckle, Inc. Reports March 2018 Net Sales; 16/04/2018 – DEEP ECO: Buckle May Benefit, Industry Best in More Than 5 Yrs; 25/05/2018 – Buckle First-Quarter Profit Rises 12%

Arrow Financial Corp increased its stake in Citigroup Inc (C) by 425.6% based on its latest 2018Q1 regulatory filing with the SEC. Arrow Financial Corp bought 7,065 shares as the company’s stock declined 11.86% with the market. The institutional investor held 8,725 shares of the major banks company at the end of 2018Q1, valued at $590,000, up from 1,660 at the end of the previous reported quarter. Arrow Financial Corp who had been investing in Citigroup Inc for a number of months, seems to be bullish on the $169.03 billion market cap company. The stock decreased 1.49% or $1 during the last trading session, reaching $66.29. About 17.06M shares traded. Citigroup Inc. (NYSE:C) has risen 10.48% since June 14, 2017 and is uptrending. It has underperformed by 2.09% the S&P500. Some Historical C News: 06/03/2018 – CITIUS PHARMACEUTICALS INC – NEW FORMULATION, CITI-002, WILL COMBINE LIDOCAINE WITH HIGHER POTENCY CORTICOSTEROID; 21/03/2018 – Citi Says Kushner Cos. Loan Was ‘Completely Appropriate’; 17/05/2018 – HONG KONG SFC REPRIMANDS AND FINES CITIGROUP GLOBAL MARKETS; 02/05/2018 – U.S. Silica at Citi Global Energy & Utilities Conference May 15; 15/03/2018 – Citigroup had told CNBC that a “malicious actor” attempted to gain access to several Citi credit card accounts tied to the Department of Defense; 07/05/2018 – In a statement, Citi said it has been having constructive conversations with ValueAct and welcomes them as investors; 10/04/2018 – BLOCK TRADE – ERG SECONDARY ABO: BOOKRUNNER SAYS SELLING SHAREHOLDER UNICREDIT S.P.A, JOINT BOOKRUNNERS ARE MORGAN STANLEY, CITI, UNICREDIT CIB; 06/04/2018 – HALFORDS GROUP PLC HFD.L : CITIGROUP RAISES RATING TO BUY; 22/03/2018 – Citigroup Sets Restrictions on Gun Sales by Business Partners; 24/04/2018 – CITIGROUP CONCERN ON AMLO GROWING DEFICIT INCORRECT: ESQUIVEL

Since January 19, 2018, it had 0 insider purchases, and 6 selling transactions for $252,193 activity. Shares for $25,003 were sold by APPLEGATE DIANE L on Friday, January 19. Another trade for 2,000 shares valued at $45,400 was sold by CAMPBELL ROBERT ERLE.

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. On Friday, August 18 the stock rating was maintained by Deutsche Bank with “Sell”. Standpoint Research upgraded the shares of BKE in report on Thursday, January 7 to “Buy” rating. The firm earned “Sell” rating on Friday, May 19 by Deutsche Bank. Wolfe Research initiated The Buckle, Inc. (NYSE:BKE) on Tuesday, August 18 with “Peer Perform” rating. The stock has “Sell” rating by Zacks on Monday, August 24. The stock of The Buckle, Inc. (NYSE:BKE) earned “Hold” rating by Standpoint Research on Wednesday, March 30. The stock of The Buckle, Inc. (NYSE:BKE) earned “Hold” rating by Brean Capital on Saturday, August 22. The rating was downgraded by Wolfe Research to “Underperform” on Friday, May 6. Sterne Agee CRT maintained the stock with “Hold” rating in Sunday, August 23 report. Deutsche Bank upgraded the stock to “Hold” rating in Friday, April 7 report.

Investors sentiment decreased to 1.2 in 2018 Q1. Its down 0.01, from 1.21 in 2017Q4. It turned 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. Hays Advisory Limited has invested 0.29% in The Buckle, Inc. (NYSE:BKE). Deutsche Bancorporation Ag reported 0% stake. Parametric Port Associate Ltd Liability Co holds 152,726 shares. Lucus Advsrs Lc holds 11,845 shares or 0.45% of its portfolio. Teachers Retirement Of The State Of Kentucky invested 0% of its portfolio in The Buckle, Inc. (NYSE:BKE). Farmers Merchants has invested 0% in The Buckle, Inc. (NYSE:BKE). Clearbridge Invests reported 2,028 shares stake. Adams Asset Ltd Liability reported 0.13% stake. Assetmark Inc has invested 0% of its portfolio in The Buckle, Inc. (NYSE:BKE). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mgmt Corp stated it has 89,700 shares or 0.02% of all its holdings. Advsrs Asset Management holds 457,732 shares or 0.16% of its portfolio. Sprucegrove Mngmt Limited, a Ontario – Canada-based fund reported 508,200 shares. Stratos Wealth Prtn reported 37 shares or 0% of all its holdings. Dimensional Fund Advsr Lp holds 463,310 shares or 0% of its portfolio. Balyasny Asset Management Ltd invested 0% in The Buckle, Inc. (NYSE:BKE).

Advisors Asset Management Inc, which manages about $16.50 billion and $5.97 billion US Long portfolio, decreased its stake in Pepsico Inc (NYSE:PEP) by 19,144 shares to 227,158 shares, valued at $24.93 million in 2018Q1, according to the filing. It also reduced its holding in Xilinx Inc (NASDAQ:XLNX) by 10,189 shares in the quarter, leaving it with 97,165 shares, and cut its stake in Principal Finl Group Inc (NYSE:PFG).

More recent The Buckle, Inc. (NYSE:BKE) news were published by: Seekingalpha.com which released: “Buckle – 50% Above Fair Value” on June 13, 2018. Also Seekingalpha.com published the news titled: “The Buckle, Inc. (BKE) CEO Dennis Nelson on Q1 2018 Results – Earnings Call Transcript” on May 25, 2018. Seekingalpha.com‘s news article titled: “Buckle: Slowing Trends” with publication date: May 19, 2018 was also an interesting one.

More recent Citigroup Inc. (NYSE:C) news were published by: Benzinga.com which released: “Ahead Of Fed, AT&T-Time Warner Ruling Injects Some Optimism Into Market” on June 13, 2018. Also Seekingalpha.com published the news titled: “Citigroup Will Thrive Regardless Of Interest Rates” on June 08, 2018. Seekingalpha.com‘s news article titled: “Citigroup Inc. (C) Management presents at Morgan Stanley Financials Conference (Transcript)” with publication date: June 13, 2018 was also an interesting one.

Since February 27, 2018, it had 0 insider buys, and 7 insider sales for $5.91 million activity. Callahan Don also sold $536,410 worth of Citigroup Inc. (NYSE:C) shares. MURRAY JOSEPH MICHAEL also sold $263,126 worth of Citigroup Inc. (NYSE:C) on Tuesday, February 27. Another trade for 32,400 shares valued at $2.51M was made by Fraser Jane Nind on Tuesday, February 27. On Monday, May 14 Gerspach John C sold $937,571 worth of Citigroup Inc. (NYSE:C) or 12,966 shares. Forese James A. sold $500,666 worth of stock or 6,466 shares.

Arrow Financial Corp, which manages about $431.51 million US Long portfolio, decreased its stake in Facebook Inc (NASDAQ:FB) by 4,754 shares to 45,518 shares, valued at $7.27 million in 2018Q1, according to the filing. It also reduced its holding in Tesla Inc (NASDAQ:TSLA) by 6,018 shares in the quarter, leaving it with 3,312 shares, and cut its stake in Costco Wholesale Corp (NASDAQ:COST).

Among 41 analysts covering Citigroup Inc. (NYSE:C), 24 have Buy rating, 2 Sell and 15 Hold. Therefore 59% are positive. Citigroup Inc. had 126 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Friday, October 13 by Nomura. Vining Sparks upgraded the shares of C in report on Friday, April 6 to “Buy” rating. The rating was maintained by RBC Capital Markets on Tuesday, January 19 with “Outperform”. The company was downgraded on Monday, November 28 by Jefferies. The rating was downgraded by Wells Fargo on Friday, July 8 to “Market Perform”. The firm earned “Buy” rating on Friday, August 18 by RBC Capital Markets. The firm earned “Neutral” rating on Friday, September 16 by Goldman Sachs. Wells Fargo maintained the shares of C in report on Wednesday, January 17 with “Buy” rating. The company was maintained on Tuesday, October 3 by Keefe Bruyette & Woods. The rating was downgraded by Stifel Nicolaus to “Hold” on Monday, October 9.

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

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