Rice Hall James & Associates LLC raised its position in Deckers Outdoor Corporation (NYSE:DECK) by 0.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 310,021 shares of the textile maker’s stock after buying an additional 349 shares during the period. Rice Hall James & Associates LLC owned approximately 0.97% of Deckers Outdoor Corporation worth $21,162,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. Great West Life Assurance Co. Can raised its position in shares of Deckers Outdoor Corporation by 4.1% in the first quarter. Great West Life Assurance Co. Can now owns 18,874 shares of the textile maker’s stock worth $1,127,000 after buying an additional 739 shares during the period. Canada Pension Plan Investment Board raised its position in shares of Deckers Outdoor Corporation by 43.2% in the first quarter. Canada Pension Plan Investment Board now owns 44,085 shares of the textile maker’s stock worth $2,633,000 after buying an additional 13,300 shares during the period. Wells Fargo & Company MN raised its position in shares of Deckers Outdoor Corporation by 20.4% in the first quarter. Wells Fargo & Company MN now owns 86,301 shares of the textile maker’s stock worth $5,155,000 after buying an additional 14,630 shares during the period. Oregon Public Employees Retirement Fund raised its position in shares of Deckers Outdoor Corporation by 1.8% in the first quarter. Oregon Public Employees Retirement Fund now owns 11,271 shares of the textile maker’s stock worth $673,000 after buying an additional 200 shares during the period. Finally, First Midwest Bank Trust Division raised its position in shares of Deckers Outdoor Corporation by 2.6% in the first quarter. First Midwest Bank Trust Division now owns 17,747 shares of the textile maker’s stock worth $1,060,000 after buying an additional 453 shares during the period.

Shares of Deckers Outdoor Corporation (NYSE:DECK) opened at 63.85 on Friday. Deckers Outdoor Corporation has a 12-month low of $44.00 and a 12-month high of $72.72. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 91.74 and a beta of 1.27. The stock has a 50 day moving average price of $65.90 and a 200-day moving average price of $60.32.

Deckers Outdoor Corporation (NYSE:DECK) last announced its quarterly earnings results on Thursday, July 27th. The textile maker reported ($1.28) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.67) by $0.39. The company had revenue of $209.70 million for the quarter, compared to analysts’ expectations of $178.36 million. Deckers Outdoor Corporation had a net margin of 1.23% and a return on equity of 14.25%. The business’s quarterly revenue was up 20.2% compared to the same quarter last year. During the same period last year, the firm posted ($1.80) earnings per share. Equities analysts anticipate that Deckers Outdoor Corporation will post $4.08 EPS for the current fiscal year.

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A number of brokerages recently issued reports on DECK. B. Riley reissued a “neutral” rating and issued a $68.00 price objective on shares of Deckers Outdoor Corporation in a report on Thursday, June 1st. ValuEngine raised Deckers Outdoor Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Buckingham Research lowered Deckers Outdoor Corporation from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 7th. BidaskClub raised Deckers Outdoor Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. Finally, Zacks Investment Research raised Deckers Outdoor Corporation from a “hold” rating to a “buy” rating and set a $76.00 price target for the company in a research note on Thursday, June 1st. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $67.00.

Deckers Outdoor Corporation Company Profile

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.

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

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