Deckers Outdoor Corp (DECK) : Diversified Investment Strategies reduced its stake in Deckers Outdoor Corp by 5.24% during the most recent quarter end. The investment management company now holds a total of 5,425 shares of Deckers Outdoor Corp which is valued at $363,529 after selling 300 shares in Deckers Outdoor Corp , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Deckers Outdoor Corp makes up approximately 0.35% of Diversified Investment Strategies’s portfolio.
Other Hedge Funds, Including , Rhumbline Advisers reduced its stake in DECK by selling 2,015 shares or 3.03% in the most recent quarter. The Hedge Fund company now holds 64,584 shares of DECK which is valued at $4,327,774. Deckers Outdoor Corp makes up approx 0.01% of Rhumbline Advisers’s portfolio.New York State Common Retirement Fund reduced its stake in DECK by selling 52,038 shares or 61.41% in the most recent quarter. The Hedge Fund company now holds 32,700 shares of DECK which is valued at $2,191,227.Lsv Asset Management boosted its stake in DECK in the latest quarter, The investment management firm added 11,465 additional shares and now holds a total of 274,765 shares of Deckers Outdoor Corp which is valued at $17,634,418. Deckers Outdoor Corp makes up approx 0.03% of Lsv Asset Management’s portfolio. Ftb Advisors sold out all of its stake in DECK during the most recent quarter. The investment firm sold 12 shares of DECK which is valued $792.Rice Hall James Associates boosted its stake in DECK in the latest quarter, The investment management firm added 148,013 additional shares and now holds a total of 332,519 shares of Deckers Outdoor Corp which is valued at $21,188,111. Deckers Outdoor Corp makes up approx 1.16% of Rice Hall James Associates’s portfolio.
Deckers Outdoor Corp opened for trading at $68.28 and hit $68.73 on the upside on Tuesday, eventually ending the session at $68.57, with a gain of 1.08% or 0.73 points. The heightened volatility saw the trading volume jump to 3,82,814 shares. Company has a market cap of $2,197 M.
On the company’s financial health, Deckers Outdoor Corp reported $-1.80 EPS for the quarter, beating the analyst consensus estimate by $ 0.27 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $-2.07. The company had revenue of $174.39 million for the quarter, compared to analysts expectations of $170.26 million. The company’s revenue was down -18.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-1.43 EPS.
Many Wall Street Analysts have commented on Deckers Outdoor Corp. Company shares were Upgraded by Telsey Advisory Group on Aug 15, 2016 to ” Outperform”, Firm has raised the Price Target to $ 78 from a previous price target of $68 .Susquehanna Initiated Deckers Outdoor Corp on Aug 12, 2016 to “Neutral”, Price Target of the shares are set at $59.Deckers Outdoor Corp was Downgraded by Standpoint Research to ” Hold” on Aug 2, 2016.
Deckers Outdoor Corporation (Deckers) offers footwear apparel and accessories. The Company’s segments include operations of Deckers’ brands such as UGG Teva Sanuk and other brands; wholesale divisions; E-Commerce business and retail store business. It sells its UGG footwear and accessories through department stores independent specialty retailers and online retailers. The Company sells Teva footwear through specialty outdoor and sporting goods retailers. It sells Sanuk footwear through independent action sports retailers outdoor retailers specialty footwear retailers and national retail chains. The Company sells other brands at specialty running stores department stores outdoor specialty accounts independent specialty retailers and through online retailers. It operate its E-Commerce business through Uggaustralia.com Teva.com Sanuk.com Ahnu.com Hokaoneone.com Mozo.com and Tsubo.com Websites. Its retail stores segment operates UGG concept stores and UGG outlet stores.