Alliancebernstein L.P. decreased its position in Deckers Outdoor Corporation (NYSE:DECK) by 10.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 49,623 shares of the textile maker’s stock after selling 5,630 shares during the period. Alliancebernstein L.P. owned approximately 0.16% of Deckers Outdoor Corporation worth $2,964,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Glen Harbor Capital Management LLC boosted its stake in Deckers Outdoor Corporation by 6.9% in the first quarter. Glen Harbor Capital Management LLC now owns 1,736 shares of the textile maker’s stock worth $104,000 after buying an additional 112 shares during the period. Elkfork Partners LLC boosted its position in shares of Deckers Outdoor Corporation by 6.9% in the first quarter. Elkfork Partners LLC now owns 2,108 shares of the textile maker’s stock valued at $126,000 after buying an additional 136 shares during the last quarter. TrimTabs Asset Management LLC purchased a new position in shares of Deckers Outdoor Corporation during the first quarter valued at about $131,000. Envestnet Asset Management Inc. boosted its position in shares of Deckers Outdoor Corporation by 2.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,288 shares of the textile maker’s stock valued at $126,000 after buying an additional 55 shares during the last quarter. Finally, Parametrica Management Ltd purchased a new position in shares of Deckers Outdoor Corporation during the first quarter valued at about $214,000.

Deckers Outdoor Corporation (NYSE DECK) traded down 0.50% during mid-day trading on Friday, reaching $64.10. The company’s stock had a trading volume of 254,157 shares. Deckers Outdoor Corporation has a 12 month low of $44.00 and a 12 month high of $72.72. The stock’s 50-day moving average is $66.63 and its 200-day moving average is $60.10. The firm has a market capitalization of $2.05 billion, a PE ratio of 92.10 and a beta of 1.27.

Deckers Outdoor Corporation (NYSE:DECK) last announced its quarterly earnings data on Thursday, July 27th. The textile maker reported ($1.28) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($1.67) by $0.39. Deckers Outdoor Corporation had a net margin of 1.23% and a return on equity of 14.25%. The business had revenue of $209.70 million for the quarter, compared to analyst estimates of $178.36 million. During the same period in the prior year, the business posted ($1.80) earnings per share. Deckers Outdoor Corporation’s revenue was up 20.2% compared to the same quarter last year. On average, equities analysts anticipate that Deckers Outdoor Corporation will post $4.07 EPS for the current year.

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Several research analysts have recently issued reports on the company. Jefferies Group LLC set a $68.00 price objective on Deckers Outdoor Corporation and gave the stock a “buy” rating in a research note on Saturday, May 27th. Susquehanna Bancshares Inc reaffirmed a “neutral” rating and set a $60.00 target price on shares of Deckers Outdoor Corporation in a report on Monday, May 29th. ValuEngine lowered Deckers Outdoor Corporation from a “buy” rating to a “hold” rating in a report on Thursday, June 22nd. B. Riley reaffirmed a “neutral” rating and set a $68.00 target price on shares of Deckers Outdoor Corporation in a report on Saturday, May 27th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a $69.00 target price on shares of Deckers Outdoor Corporation in a report on Tuesday, May 23rd. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $66.86.

About Deckers Outdoor Corporation

Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories for both everyday casual lifestyle use and high performance activities. The Company’s segments include operations of its brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions, and Direct-to-Consumer (DTC) business, which includes E-Commerce business and retail store business.

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

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