Aperio Group LLC Raises Holdings in Deckers Outdoor Corp (DECK)

Aperio Group LLC raised its position in Deckers Outdoor Corp (NYSE:DECK) by 49.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,553 shares of the textile maker’s stock after buying an additional 9,815 shares during the quarter. Aperio Group LLC owned about 0.10% of Deckers Outdoor worth $3,504,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of DECK. Royal Bank of Canada raised its stake in shares of Deckers Outdoor by 383.3% in the first quarter. Royal Bank of Canada now owns 8,806 shares of the textile maker’s stock valued at $793,000 after buying an additional 6,984 shares during the period. Xact Kapitalforvaltning AB raised its stake in shares of Deckers Outdoor by 28.6% in the first quarter. Xact Kapitalforvaltning AB now owns 4,044 shares of the textile maker’s stock valued at $364,000 after buying an additional 900 shares during the period. Allianz Asset Management GmbH bought a new stake in shares of Deckers Outdoor in the first quarter valued at $1,575,000. Suntrust Banks Inc. raised its stake in shares of Deckers Outdoor by 21.7% in the first quarter. Suntrust Banks Inc. now owns 3,202 shares of the textile maker’s stock valued at $287,000 after buying an additional 572 shares during the period. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Deckers Outdoor in the second quarter valued at $341,000.

In related news, CEO David Powers sold 1,500 shares of the business’s stock in a transaction dated Wednesday, October 31st. The stock was sold at an average price of $128.31, for a total transaction of $192,465.00. Following the completion of the transaction, the chief executive officer now directly owns 66,047 shares in the company, valued at $8,474,490.57. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Caroti Stefano sold 1,750 shares of the business’s stock in a transaction dated Thursday, November 1st. The stock was sold at an average price of $130.00, for a total value of $227,500.00. Following the transaction, the insider now owns 24,252 shares of the company’s stock, valued at $3,152,760. The disclosure for this sale can be found here. 0.40% of the stock is owned by insiders.

NYSE:DECK opened at $131.69 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.26 and a current ratio of 2.41. Deckers Outdoor Corp has a 52-week low of $63.32 and a 52-week high of $134.94. The firm has a market cap of $3.96 billion, a P/E ratio of 22.94, a P/E/G ratio of 1.71 and a beta of 0.85.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, October 25th. The textile maker reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.66. Deckers Outdoor had a return on equity of 23.27% and a net margin of 7.69%. The company had revenue of $501.91 million for the quarter, compared to analyst estimates of $496.22 million. During the same period in the previous year, the company posted $1.54 EPS. Research analysts forecast that Deckers Outdoor Corp will post 6.82 earnings per share for the current year.

Several analysts have issued reports on the company. Macquarie set a $105.00 target price on Deckers Outdoor and gave the company a “hold” rating in a research note on Tuesday, October 30th. Buckingham Research boosted their target price on Deckers Outdoor from $109.00 to $115.00 and gave the company a “neutral” rating in a research note on Friday, October 26th. Susquehanna Bancshares upgraded Deckers Outdoor from a “neutral” rating to a “positive” rating in a research note on Friday, October 26th. UBS Group upgraded Deckers Outdoor from a “neutral” rating to a “positive” rating in a research note on Friday, October 26th. Finally, Pivotal Research set a $120.00 price objective on Deckers Outdoor and gave the company a “hold” rating in a research note on Wednesday, October 24th. Twelve research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $116.07.

Deckers Outdoor Company 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.

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

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