Corient Private Wealth LLC Cuts Position in Deckers Outdoor Corporation $DECK

Corient Private Wealth LLC reduced its position in Deckers Outdoor Corporation (NYSE:DECKFree Report) by 36.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 51,611 shares of the textile maker’s stock after selling 29,129 shares during the quarter. Corient Private Wealth LLC’s holdings in Deckers Outdoor were worth $5,387,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rakuten Securities Inc. grew its stake in shares of Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after buying an additional 100 shares during the last quarter. GW Henssler & Associates Ltd. increased its position in shares of Deckers Outdoor by 5.8% during the fourth quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock valued at $224,000 after buying an additional 118 shares during the period. Perennial Investment Advisors LLC grew its holdings in shares of Deckers Outdoor by 5.4% during the 3rd quarter. Perennial Investment Advisors LLC now owns 2,709 shares of the textile maker’s stock worth $275,000 after acquiring an additional 138 shares during the period. BOKF NA raised its holdings in Deckers Outdoor by 0.9% in the third quarter. BOKF NA now owns 17,412 shares of the textile maker’s stock worth $1,765,000 after purchasing an additional 150 shares in the last quarter. Finally, Ritholtz Wealth Management lifted its position in Deckers Outdoor by 7.3% during the 4th quarter. Ritholtz Wealth Management now owns 2,232 shares of the textile maker’s stock valued at $231,000 after acquiring an additional 152 shares during the period. Institutional investors own 97.79% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on DECK shares. Needham & Company LLC reissued a “buy” rating and issued a $138.00 target price on shares of Deckers Outdoor in a report on Friday, May 22nd. Raymond James Financial downgraded Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price target on the stock. in a research note on Thursday, April 23rd. UBS Group boosted their target price on shares of Deckers Outdoor from $145.00 to $161.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. KeyCorp reaffirmed a “sector weight” rating on shares of Deckers Outdoor in a research note on Friday, May 22nd. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $105.00 target price on shares of Deckers Outdoor in a research note on Friday, May 22nd. Nine research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $121.11.

Get Our Latest Report on DECK

Deckers Outdoor Stock Performance

DECK stock opened at $102.52 on Friday. The firm has a fifty day moving average price of $105.97 and a 200 day moving average price of $105.85. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $126.50. The firm has a market cap of $14.24 billion, a PE ratio of 14.56, a price-to-earnings-growth ratio of 2.09 and a beta of 1.16.

Deckers Outdoor (NYSE:DECKGet Free Report) last announced its quarterly earnings results on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.15. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter last year, the firm earned $1.00 EPS. The firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, equities analysts predict that Deckers Outdoor Corporation will post 7.45 EPS for the current year.

About Deckers Outdoor

(Free Report)

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.

Further Reading

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Institutional Ownership by Quarter for Deckers Outdoor (NYSE:DECK)

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