Deckers Outdoor Corp (NYSE:DECK) Position Increased by Dupont Capital Management Corp

Dupont Capital Management Corp raised its holdings in shares of Deckers Outdoor Corp (NYSE:DECK) by 10.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,530 shares of the textile maker’s stock after buying an additional 628 shares during the period. Dupont Capital Management Corp’s holdings in Deckers Outdoor were worth $962,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Nuveen Asset Management LLC purchased a new stake in shares of Deckers Outdoor in the 2nd quarter valued at approximately $65,966,000. Bank of Montreal Can lifted its position in shares of Deckers Outdoor by 192.5% in the 2nd quarter. Bank of Montreal Can now owns 301,758 shares of the textile maker’s stock valued at $53,101,000 after acquiring an additional 198,600 shares in the last quarter. Marshall Wace LLP lifted its position in shares of Deckers Outdoor by 108.3% in the 2nd quarter. Marshall Wace LLP now owns 354,664 shares of the textile maker’s stock valued at $62,410,000 after acquiring an additional 184,415 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Deckers Outdoor by 325.6% in the 2nd quarter. Wells Fargo & Company MN now owns 225,800 shares of the textile maker’s stock valued at $39,734,000 after acquiring an additional 172,746 shares in the last quarter. Finally, APG Asset Management N.V. lifted its position in shares of Deckers Outdoor by 27.9% in the 2nd quarter. APG Asset Management N.V. now owns 556,300 shares of the textile maker’s stock valued at $85,961,000 after acquiring an additional 121,200 shares in the last quarter.

In other news, CEO David Powers sold 2,500 shares of the stock in a transaction on Friday, October 11th. The shares were sold at an average price of $155.00, for a total transaction of $387,500.00. Following the transaction, the chief executive officer now owns 99,150 shares in the company, valued at approximately $15,368,250. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO David E. Lafitte sold 1,000 shares of the stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $148.44, for a total transaction of $148,440.00. Following the transaction, the chief operating officer now owns 30,837 shares in the company, valued at approximately $4,577,444.28. The disclosure for this sale can be found here. Corporate insiders own 0.90% of the company’s stock.

Several equities research analysts recently commented on the stock. Citigroup set a $180.00 price target on shares of Deckers Outdoor and gave the company a “hold” rating in a research report on Friday, July 26th. Pivotal Research reiterated a “buy” rating and issued a $193.00 target price on shares of Deckers Outdoor in a research report on Friday, October 25th. Robert W. Baird set a $180.00 target price on shares of Deckers Outdoor and gave the stock a “hold” rating in a research report on Friday, July 26th. Susquehanna Bancshares increased their target price on shares of Deckers Outdoor from $180.00 to $205.00 in a research report on Friday, July 26th. Finally, Stifel Nicolaus set a $175.00 target price on shares of Deckers Outdoor and gave the stock a “buy” rating in a research report on Friday, October 25th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the stock. Deckers Outdoor has a consensus rating of “Hold” and a consensus target price of $175.15.

DECK stock opened at $155.15 on Friday. Deckers Outdoor Corp has a 12-month low of $110.87 and a 12-month high of $180.76. The company has a quick ratio of 1.24, a current ratio of 2.44 and a debt-to-equity ratio of 0.25. The company has a market cap of $4.42 billion, a price-to-earnings ratio of 16.13, a PEG ratio of 1.39 and a beta of 0.88. The company has a 50 day moving average of $147.32 and a two-hundred day moving average of $154.74.

Deckers Outdoor (NYSE:DECK) last released its earnings results on Thursday, October 24th. The textile maker reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.34 by $0.37. Deckers Outdoor had a net margin of 13.36% and a return on equity of 27.89%. The company had revenue of $542.21 million during the quarter, compared to the consensus estimate of $529.11 million. During the same quarter in the prior year, the firm earned $2.38 EPS. The company’s revenue was up 8.0% compared to the same quarter last year. On average, research analysts anticipate that Deckers Outdoor Corp will post 9.07 EPS for the current year.

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.

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

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