Oregon Public Employees Retirement Fund Has $2.07 Million Holdings in Deckers Outdoor Corp (NYSE:DECK)

Oregon Public Employees Retirement Fund increased its holdings in shares of Deckers Outdoor Corp (NYSE:DECK) by 1.4% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 11,775 shares of the textile maker’s stock after acquiring an additional 167 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Deckers Outdoor were worth $2,072,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of DECK. Louisiana State Employees Retirement System raised its stake in shares of Deckers Outdoor by 1.3% in the 1st quarter. Louisiana State Employees Retirement System now owns 7,800 shares of the textile maker’s stock valued at $1,147,000 after purchasing an additional 100 shares during the period. Thrivent Financial for Lutherans increased its position in shares of Deckers Outdoor by 1.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 7,461 shares of the textile maker’s stock valued at $955,000 after acquiring an additional 121 shares during the last quarter. Lavaca Capital LLC increased its position in shares of Deckers Outdoor by 16.2% in the first quarter. Lavaca Capital LLC now owns 906 shares of the textile maker’s stock valued at $133,000 after acquiring an additional 126 shares during the last quarter. Wedbush Securities Inc. increased its position in shares of Deckers Outdoor by 7.7% in the first quarter. Wedbush Securities Inc. now owns 1,783 shares of the textile maker’s stock valued at $262,000 after acquiring an additional 127 shares during the last quarter. Finally, Arjuna Capital increased its position in shares of Deckers Outdoor by 2.2% in the first quarter. Arjuna Capital now owns 6,749 shares of the textile maker’s stock valued at $992,000 after acquiring an additional 145 shares during the last quarter.

In other news, Director Lauri M. Shanahan sold 1,813 shares of the business’s stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $155.53, for a total transaction of $281,975.89. Following the completion of the sale, the director now owns 12,131 shares in the company, valued at $1,886,734.43. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO David E. Lafitte sold 1,350 shares of the business’s stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $151.27, for a total value of $204,214.50. Following the sale, the chief operating officer now owns 23,113 shares of the company’s stock, valued at approximately $3,496,303.51. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 5,263 shares of company stock valued at $807,763. Corporate insiders own 0.40% of the company’s stock.

A number of analysts recently issued reports on the company. Susquehanna Bancshares lifted their target price on Deckers Outdoor from $180.00 to $205.00 in a research report on Friday, July 26th. Canaccord Genuity lifted their price target on Deckers Outdoor from $164.00 to $188.00 and gave the stock a “buy” rating in a report on Friday, May 24th. Wedbush lifted their price target on Deckers Outdoor from $138.00 to $148.00 and gave the stock a “neutral” rating in a report on Wednesday, July 17th. They noted that the move was a valuation call. Telsey Advisory Group reiterated an “outperform” rating and set a $192.00 price target (up previously from $189.00) on shares of Deckers Outdoor in a report on Friday, July 26th. Finally, Wells Fargo & Co began coverage on Deckers Outdoor in a report on Tuesday, April 23rd. They set a “market perform” rating and a $163.00 price target for the company. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $162.29.

Deckers Outdoor stock traded down $2.82 during midday trading on Friday, reaching $146.83. 538,030 shares of the company’s stock were exchanged, compared to its average volume of 447,473. Deckers Outdoor Corp has a 52 week low of $101.69 and a 52 week high of $180.76. The company has a current ratio of 2.69, a quick ratio of 1.62 and a debt-to-equity ratio of 0.24. The company has a market cap of $4.25 billion, a price-to-earnings ratio of 16.61, a price-to-earnings-growth ratio of 1.49 and a beta of 0.82. The firm has a 50-day moving average price of $172.33.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings results on Thursday, July 25th. The textile maker reported ($0.67) EPS for the quarter, topping analysts’ consensus estimates of ($1.15) by $0.48. Deckers Outdoor had a return on equity of 27.74% and a net margin of 13.45%. The business had revenue of $276.80 million during the quarter, compared to analysts’ expectations of $259.71 million. During the same quarter last year, the company posted ($0.98) earnings per share. Deckers Outdoor’s quarterly revenue was up 10.5% on a year-over-year basis. On average, sell-side analysts expect that Deckers Outdoor Corp will post 8.65 earnings per share for the current year.

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.

Further Reading: Diversification

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.