Mesirow Financial Investment Management Equity Management decreased its holdings in Deckers Outdoor Corp (NYSE:DECK) by 29.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 66,075 shares of the textile maker’s stock after selling 27,185 shares during the quarter. Mesirow Financial Investment Management Equity Management’s holdings in Deckers Outdoor were worth $8,454,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of Montreal Can increased its holdings in shares of Deckers Outdoor by 15.5% in the 3rd quarter. Bank of Montreal Can now owns 123,023 shares of the textile maker’s stock valued at $14,588,000 after acquiring an additional 16,537 shares during the period. MERIAN GLOBAL INVESTORS UK Ltd boosted its position in shares of Deckers Outdoor by 5.8% in the 3rd quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 808,573 shares of the textile maker’s stock worth $95,880,000 after buying an additional 44,300 shares in the last quarter. Aperio Group LLC boosted its position in shares of Deckers Outdoor by 49.7% in the 3rd quarter. Aperio Group LLC now owns 29,553 shares of the textile maker’s stock worth $3,504,000 after buying an additional 9,815 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of Deckers Outdoor in the 3rd quarter worth about $1,639,000. Finally, First Quadrant L P CA acquired a new position in Deckers Outdoor in the 3rd quarter valued at about $651,000.

NYSE:DECK opened at $141.06 on Monday. Deckers Outdoor Corp has a 1-year low of $85.81 and a 1-year high of $146.90. The firm has a market capitalization of $4.11 billion, a P/E ratio of 24.57, a P/E/G ratio of 1.48 and a beta of 0.63. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.06 and a quick ratio of 2.19.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings results on Thursday, January 31st. The textile maker reported $6.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $5.31 by $1.28. Deckers Outdoor had a return on equity of 27.09% and a net margin of 12.87%. The company had revenue of $873.80 million during the quarter, compared to the consensus estimate of $826.90 million. During the same period last year, the business earned $4.97 EPS. Research analysts expect that Deckers Outdoor Corp will post 7.97 EPS for the current fiscal year.

A number of analysts recently issued reports on the stock. ValuEngine raised shares of Deckers Outdoor from a “hold” rating to a “buy” rating in a research report on Tuesday, December 18th. Canaccord Genuity set a $143.00 target price on Deckers Outdoor and gave the company a “buy” rating in a research note on Friday, January 18th. Jefferies Financial Group set a $132.00 price target on Deckers Outdoor and gave the company a “hold” rating in a research report on Saturday, February 2nd. Citigroup upped their price target on Deckers Outdoor from $122.00 to $140.00 and gave the company a “neutral” rating in a research report on Monday, November 12th. Finally, Macquarie set a $105.00 target price on Deckers Outdoor and gave the stock a “hold” rating in a research report on Tuesday, October 30th. Thirteen equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Deckers Outdoor currently has a consensus rating of “Hold” and an average price target of $125.60.

ILLEGAL ACTIVITY WARNING: “Deckers Outdoor Corp (DECK) Shares Sold by Mesirow Financial Investment Management Equity Management” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://www.thecerbatgem.com/2019/02/11/deckers-outdoor-corp-deck-shares-sold-by-mesirow-financial-investment-management-equity-management.html.

Deckers Outdoor Profile

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities. It offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and footwear under the Sanuk brand name.

Read More: Why do company’s buyback their stock?

Want to see what other hedge funds are holding DECK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deckers Outdoor Corp (NYSE:DECK).

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

Receive News & Ratings for Deckers Outdoor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deckers Outdoor and related companies with MarketBeat.com's FREE daily email newsletter.