5,082 Shares in Deckers Outdoor Corporation $DECK Purchased by North Dakota State Investment Board

North Dakota State Investment Board acquired a new position in Deckers Outdoor Corporation (NYSE:DECKFree Report) in the fourth quarter, HoldingsChannel reports. The fund acquired 5,082 shares of the textile maker’s stock, valued at approximately $527,000.

Other hedge funds also recently added to or reduced their stakes in the company. Pinnacle Investment Management Ltd purchased a new stake in Deckers Outdoor in the third quarter worth about $2,027,000. Allspring Global Investments Holdings LLC lifted its stake in Deckers Outdoor by 24.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 407,698 shares of the textile maker’s stock worth $43,538,000 after acquiring an additional 81,345 shares during the period. Lombard Odier Asset Management USA Corp purchased a new stake in Deckers Outdoor in the third quarter worth about $1,142,000. American Century Companies Inc. lifted its stake in Deckers Outdoor by 21.6% in the third quarter. American Century Companies Inc. now owns 1,157,559 shares of the textile maker’s stock worth $117,342,000 after acquiring an additional 205,748 shares during the period. Finally, US Bancorp DE lifted its position in shares of Deckers Outdoor by 262.3% during the third quarter. US Bancorp DE now owns 61,436 shares of the textile maker’s stock valued at $6,228,000 after buying an additional 44,477 shares during the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. BTIG Research reissued a “neutral” rating on shares of Deckers Outdoor in a research report on Friday, January 30th. Zacks Research lowered shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Raymond James Financial lowered shares of Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price target for the company. in a research report on Thursday, April 23rd. Wells Fargo & Company lowered shares of Deckers Outdoor from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $115.00 to $90.00 in a research report on Friday, May 8th. Finally, Sanford C. Bernstein raised shares of Deckers Outdoor from an “underperform” rating to a “market perform” rating and increased their price target for the company from $90.00 to $100.00 in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $122.42.

Check Out Our Latest Research Report on DECK

Deckers Outdoor Stock Up 4.5%

Shares of Deckers Outdoor stock opened at $102.70 on Friday. The firm has a market capitalization of $14.58 billion, a P/E ratio of 14.51, a PEG ratio of 2.11 and a beta of 1.14. The company has a 50 day moving average price of $102.12 and a 200 day moving average price of $101.61. Deckers Outdoor Corporation has a 52 week low of $78.91 and a 52 week high of $127.00.

Deckers Outdoor (NYSE:DECKGet Free Report) last announced its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, beating the consensus estimate of $0.81 by $0.15. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. Deckers Outdoor had a net margin of 19.46% and a return on equity of 41.60%. Deckers Outdoor’s revenue was up 9.5% on a year-over-year basis. During the same period last year, the firm posted $1.00 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, research analysts anticipate that Deckers Outdoor Corporation will post 6.87 earnings per share for the current fiscal year.

More Deckers Outdoor News

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Deckers Outdoor Company Profile

(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.

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

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