Quantinno Capital Management LP Has $28.80 Million Stock Holdings in Deckers Outdoor Corporation $DECK

Quantinno Capital Management LP raised its stake in Deckers Outdoor Corporation (NYSE:DECK) by 6.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 287,782 shares of the textile maker’s stock after purchasing an additional 16,762 shares during the quarter. Quantinno Capital Management LP owned approximately 0.20% of Deckers Outdoor worth $28,804,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Geneos Wealth Management Inc. boosted its holdings in shares of Deckers Outdoor by 330.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after buying an additional 215 shares during the last quarter. Elyxium Wealth LLC bought a new position in shares of Deckers Outdoor in the fourth quarter valued at $30,000. Rakuten Securities Inc. increased its holdings in Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after buying an additional 100 shares during the last quarter. Activest Wealth Management increased its holdings in Deckers Outdoor by 298.8% during the fourth quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock worth $34,000 after buying an additional 245 shares during the last quarter. Finally, Hilton Head Capital Partners LLC bought a new stake in Deckers Outdoor during the fourth quarter worth $35,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on DECK shares. Telsey Advisory Group cut their price target on shares of Deckers Outdoor from $113.00 to $105.00 and set a “market perform” rating for the company in a research note on Friday, July 24th. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a research note on Friday, July 17th. KeyCorp reaffirmed a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, July 24th. Stifel Nicolaus set a $133.00 target price on shares of Deckers Outdoor and gave the company a “buy” rating in a report on Friday, July 24th. Finally, Wells Fargo & Company reiterated an “underweight” rating and issued a $85.00 target price on shares of Deckers Outdoor in a research note on Friday, July 24th. Nine research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $117.16.

Deckers Outdoor Trading Down 2.7%

DECK stock opened at $96.97 on Friday. Deckers Outdoor Corporation has a 1-year low of $78.91 and a 1-year high of $125.45. The business’s 50 day simple moving average is $106.25 and its 200 day simple moving average is $105.84. The firm has a market capitalization of $13.21 billion, a PE ratio of 13.76, a PEG ratio of 1.86 and a beta of 1.17.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.06. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%.The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter last year, the firm posted $0.93 EPS. The company’s quarterly revenue was up 5.7% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. As a group, sell-side analysts predict that Deckers Outdoor Corporation will post 7.49 EPS for the current fiscal year.

Deckers Outdoor Profile

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.