Deckers Outdoor Corp (DECK) : Verity Asset Management reduced its stake in Deckers Outdoor Corp by 0.09% during the most recent quarter end. The investment management company now holds a total of 13,771 shares of Deckers Outdoor Corp which is valued at $922,795 after selling 13 shares in Deckers Outdoor Corp , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Deckers Outdoor Corp makes up approximately 0.89% of Verity Asset Management’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. Cable Hill Partners sold out all of its stake in DECK during the most recent quarter. The investment firm sold 77 shares of DECK which is valued $4,942.California State Teachers Retirement System reduced its stake in DECK by selling 1,290 shares or 1.86% in the most recent quarter. The Hedge Fund company now holds 68,141 shares of DECK which is valued at $4,262,901. Deckers Outdoor Corp makes up approx 0.01% of California State Teachers Retirement System’s portfolio.Cibc World Markets boosted its stake in DECK in the latest quarter, The investment management firm added 60 additional shares and now holds a total of 8,360 shares of Deckers Outdoor Corp which is valued at $507,118.
Deckers Outdoor Corp closed down -0.08 points or -0.12% at $66.86 with 2,26,404 shares getting traded on Monday. Post opening the session at $67.17, the shares hit an intraday low of $66.69 and an intraday high of $67.29 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.