Parametric Portfolio Associates LLC Increases Stake in Deckers Outdoor Corporation (DECK)

Parametric Portfolio Associates LLC increased its position in Deckers Outdoor Corporation (NYSE:DECK) by 13.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 93,262 shares of the textile maker’s stock after buying an additional 11,052 shares during the period. Parametric Portfolio Associates LLC’s holdings in Deckers Outdoor Corporation were worth $5,571,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Deckers Outdoor Corporation during the fourth quarter worth about $18,093,000. Tyvor Capital LLC raised its position in shares of Deckers Outdoor Corporation by 259.2% in the fourth quarter. Tyvor Capital LLC now owns 429,948 shares of the textile maker’s stock worth $23,814,000 after buying an additional 310,248 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Deckers Outdoor Corporation by 8.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,746,362 shares of the textile maker’s stock worth $96,731,000 after buying an additional 136,413 shares during the period. Bank of New York Mellon Corp raised its position in shares of Deckers Outdoor Corporation by 14.1% in the first quarter. Bank of New York Mellon Corp now owns 896,519 shares of the textile maker’s stock worth $53,548,000 after buying an additional 110,502 shares during the period. Finally, Armistice Capital LLC raised its position in shares of Deckers Outdoor Corporation by 86.7% in the fourth quarter. Armistice Capital LLC now owns 224,000 shares of the textile maker’s stock worth $12,407,000 after buying an additional 104,000 shares during the period.

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

Shares of Deckers Outdoor Corporation (DECK) opened at 68.09 on Tuesday. The stock’s 50 day moving average price is $64.02 and its 200-day moving average price is $58.25. The company has a market capitalization of $2.18 billion, a PE ratio of 382.53 and a beta of 1.11. Deckers Outdoor Corporation has a 1-year low of $44.00 and a 1-year high of $72.72.

Deckers Outdoor Corporation (NYSE:DECK) last posted its earnings results on Thursday, May 25th. The textile maker reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.17. Deckers Outdoor Corporation had a return on equity of 12.48% and a net margin of 0.32%. The company had revenue of $369.47 million for the quarter, compared to the consensus estimate of $357.71 million. During the same quarter in the prior year, the company earned $0.11 earnings per share. Deckers Outdoor Corporation’s revenue was down 2.4% on a year-over-year basis. On average, equities analysts predict that Deckers Outdoor Corporation will post $4.04 EPS for the current year.

ILLEGAL ACTIVITY NOTICE: This news story was posted by Ticker Report and is the sole property of of Ticker Report. If you are reading this news story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark law. The legal version of this news story can be read at https://www.tickerreport.com/banking-finance/2654632/parametric-portfolio-associates-llc-increases-stake-in-deckers-outdoor-corporation-deck.html.

A number of brokerages recently issued reports on DECK. B. Riley reiterated a “neutral” rating and issued a $61.00 price objective on shares of Deckers Outdoor Corporation in a report on Monday, May 22nd. ValuEngine raised shares of Deckers Outdoor Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Buckingham Research downgraded shares of Deckers Outdoor Corporation from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 7th. Jefferies Group LLC set a $68.00 target price on shares of Deckers Outdoor Corporation and gave the company a “buy” rating in a research report on Saturday, May 27th. Finally, Susquehanna Bancshares Inc reissued a “neutral” rating and set a $60.00 target price on shares of Deckers Outdoor Corporation in a research report on Monday, May 29th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $64.93.

About Deckers Outdoor Corporation

Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories for both everyday casual lifestyle use and high performance activities. The Company’s segments include operations of its brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions, and Direct-to-Consumer (DTC) business, which includes E-Commerce business and retail store business.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “DECK”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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 Corporation (NYSE:DECK).

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

Latest News

Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
President Trump Hurting Tourism in the U.S.
President Trump Hurting Tourism in the U.S.
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Blue Apron Filed Thursday for Public Offering
Blue Apron Filed Thursday for Public Offering
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Large Auto Lender Checked Just 8% of Incomes for Applicants
Large Auto Lender Checked Just 8% of Incomes for Applicants


Leave a Reply

© 2006-2017 Ticker Report. Google+.