Segall Bryant & Hamill LLC increased its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 6.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,816 shares of the textile maker’s stock after buying an additional 4,380 shares during the quarter. Segall Bryant & Hamill LLC owned 0.24% of Deckers Outdoor worth $5,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Flinton Capital Management LLC grew its stake in Deckers Outdoor by 74.2% during the 2nd quarter. Flinton Capital Management LLC now owns 1,728 shares of the textile maker’s stock worth $118,000 after buying an additional 736 shares during the last quarter. Riverhead Capital Management LLC lifted its position in Deckers Outdoor by 75.5% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,931 shares of the textile maker’s stock worth $132,000 after acquiring an additional 831 shares during the period. PNC Financial Services Group Inc. lifted its position in Deckers Outdoor by 91.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,543 shares of the textile maker’s stock worth $175,000 after acquiring an additional 1,213 shares during the period. Parallax Volatility Advisers L.P. lifted its position in Deckers Outdoor by 401.9% during the 2nd quarter. Parallax Volatility Advisers L.P. now owns 2,654 shares of the textile maker’s stock worth $181,000 after acquiring an additional 3,533 shares during the period. Finally, Crossmark Global Holdings Inc. acquired a new stake in Deckers Outdoor during the 3rd quarter worth about $202,000. Hedge funds and other institutional investors own 99.57% of the company’s stock.

Deckers Outdoor Corporation (NYSE:DECK) opened at $77.72 on Friday. The stock has a market capitalization of $2,484.01, a PE ratio of 17.35, a PEG ratio of 1.70 and a beta of 1.26. The company has a quick ratio of 1.26, a current ratio of 2.43 and a debt-to-equity ratio of 0.03. Deckers Outdoor Corporation has a fifty-two week low of $44.00 and a fifty-two week high of $78.38.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, October 26th. The textile maker reported $1.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.52. The business had revenue of $482.50 million during the quarter, compared to analysts’ expectations of $440.11 million. Deckers Outdoor had a return on equity of 15.23% and a net margin of 1.80%. The company’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.21 EPS. sell-side analysts expect that Deckers Outdoor Corporation will post 4.27 earnings per share for the current year.

Deckers Outdoor declared that its Board of Directors has authorized a stock buyback plan on Thursday, October 26th that allows the company to repurchase $335.00 million in shares. This repurchase authorization allows the textile maker to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

DECK has been the subject of a number of research reports. UBS cut Deckers Outdoor to a “neutral” rating in a research report on Monday, October 16th. Jefferies Group set a $82.00 price target on Deckers Outdoor and gave the stock a “buy” rating in a research report on Sunday, October 29th. Buckingham Research set a $68.00 price target on Deckers Outdoor and gave the stock a “hold” rating in a research report on Friday, October 27th. Telsey Advisory Group lifted their price target on Deckers Outdoor from $72.00 to $84.00 and gave the stock an “outperform” rating in a research report on Friday, October 27th. Finally, BidaskClub raised Deckers Outdoor from a “hold” rating to a “buy” rating in a research report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Deckers Outdoor presently has an average rating of “Hold” and a consensus target price of $69.77.

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About Deckers Outdoor

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 (NYSE:DECK)

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