Hantz Financial Services Inc. Decreases Stock Position in Deckers Outdoor Corporation $DECK

Hantz Financial Services Inc. trimmed its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 85.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,807 shares of the textile maker’s stock after selling 58,850 shares during the period. Hantz Financial Services Inc.’s holdings in Deckers Outdoor were worth $994,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. American National Bank & Trust boosted its position in shares of Deckers Outdoor by 77.4% during the third quarter. American National Bank & Trust now owns 243 shares of the textile maker’s stock valued at $25,000 after buying an additional 106 shares during the last quarter. True Wealth Design LLC raised its position in Deckers Outdoor by 2,440.0% in the 3rd quarter. True Wealth Design LLC now owns 254 shares of the textile maker’s stock worth $26,000 after buying an additional 244 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in Deckers Outdoor by 330.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after acquiring an additional 215 shares during the period. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Deckers Outdoor during the 3rd quarter valued at about $30,000. Finally, CVA Family Office LLC grew its stake in shares of Deckers Outdoor by 137.4% in the second quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock worth $32,000 after acquiring an additional 180 shares during the period. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Up 3.9%

NYSE DECK opened at $115.51 on Friday. Deckers Outdoor Corporation has a 52 week low of $78.91 and a 52 week high of $174.38. The company has a market capitalization of $16.40 billion, a P/E ratio of 16.31, a price-to-earnings-growth ratio of 2.53 and a beta of 1.16. The stock’s 50-day moving average price is $102.92 and its 200-day moving average price is $101.96.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings data on Thursday, January 29th. The textile maker reported $3.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.77 by $0.56. Deckers Outdoor had a return on equity of 41.60% and a net margin of 19.46%.The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the previous year, the company posted $3.00 EPS. The firm’s revenue was up 7.1% on a year-over-year basis. Research analysts anticipate that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Analyst Ratings Changes

DECK has been the topic of a number of research analyst reports. Raymond James Financial set a $115.00 price objective on shares of Deckers Outdoor and gave the company a “strong-buy” rating in a research report on Friday, October 24th. Stifel Nicolaus increased their price target on Deckers Outdoor from $117.00 to $140.00 and gave the company a “buy” rating in a report on Friday, January 30th. Wells Fargo & Company set a $110.00 price objective on Deckers Outdoor and gave the stock an “equal weight” rating in a report on Friday, January 30th. Evercore set a $108.00 price objective on Deckers Outdoor in a research report on Friday, January 30th. Finally, Sanford C. Bernstein set a $90.00 target price on Deckers Outdoor in a research report on Friday, January 30th. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of “Hold” and a consensus price target of $125.20.

About Deckers Outdoor

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.