Los Angeles Capital Management LLC Has $13.85 Million Stake in Deckers Outdoor Corporation $DECK

Los Angeles Capital Management LLC decreased its stake in shares of Deckers Outdoor Corporation (NYSE:DECK) by 61.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 133,562 shares of the textile maker’s stock after selling 213,269 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Deckers Outdoor were worth $13,846,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. 111 Capital acquired a new position in shares of Deckers Outdoor during the fourth quarter valued at about $208,000. Vestcor Inc raised its holdings in shares of Deckers Outdoor by 28.2% during the fourth quarter. Vestcor Inc now owns 6,834 shares of the textile maker’s stock valued at $708,000 after purchasing an additional 1,502 shares during the period. BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of Deckers Outdoor by 176.2% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 201,167 shares of the textile maker’s stock valued at $20,855,000 after purchasing an additional 128,336 shares during the period. Pinebridge Investments LLC acquired a new position in shares of Deckers Outdoor during the fourth quarter valued at about $1,550,000. Finally, PBU The Pension Fund of Early Childhood & Youth Educators acquired a new position in shares of Deckers Outdoor during the fourth quarter valued at about $8,694,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Analyst Upgrades and Downgrades

DECK has been the topic of several research reports. Telsey Advisory Group set a $113.00 price objective on shares of Deckers Outdoor in a report on Friday, May 22nd. UBS Group upped their price objective on shares of Deckers Outdoor from $145.00 to $161.00 and gave the company a “buy” rating in a report on Friday, May 22nd. KGI Securities lowered shares of Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price objective on the stock. in a report on Friday, May 22nd. Wells Fargo & Company lowered shares of Deckers Outdoor from an “equal weight” rating to an “underweight” rating and dropped their price objective for the company from $115.00 to $90.00 in a report on Friday, May 8th. Finally, Raymond James Financial lowered shares of Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price objective on the stock. in a report on Thursday, April 23rd. Nine equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $121.11.

Deckers Outdoor Stock Performance

Shares of NYSE DECK opened at $108.15 on Monday. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $126.50. The stock has a market cap of $15.02 billion, a price-to-earnings ratio of 15.36, a PEG ratio of 2.14 and a beta of 1.16. The firm’s 50-day simple moving average is $103.90 and its 200 day simple moving average is $103.83.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.15. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations 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, sell-side analysts predict that Deckers Outdoor Corporation will post 7.44 EPS for the current year.

About Deckers Outdoor

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.