Y Intercept Hong Kong Ltd Has $17.12 Million Position in Deckers Outdoor Corporation $DECK

Y Intercept Hong Kong Ltd grew its stake in shares of Deckers Outdoor Corporation (NYSE:DECK) by 36.3% in the second quarter, Holdings Channel reports. The institutional investor owned 166,094 shares of the textile maker’s stock after purchasing an additional 44,202 shares during the period. Deckers Outdoor accounts for approximately 0.4% of Y Intercept Hong Kong Ltd’s holdings, making the stock its 19th biggest position. Y Intercept Hong Kong Ltd’s holdings in Deckers Outdoor were worth $17,119,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Deckers Outdoor by 0.6% during the first quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker’s stock valued at $1,984,339,000 after buying an additional 107,635 shares during the last quarter. Northern Trust Corp raised its position in shares of Deckers Outdoor by 6.2% during the first quarter. Northern Trust Corp now owns 1,680,558 shares of the textile maker’s stock valued at $187,903,000 after buying an additional 98,856 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Deckers Outdoor by 6.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,520,461 shares of the textile maker’s stock valued at $170,003,000 after buying an additional 97,312 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec raised its position in shares of Deckers Outdoor by 46.5% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,410,262 shares of the textile maker’s stock valued at $157,681,000 after buying an additional 447,734 shares during the last quarter. Finally, Amundi raised its position in shares of Deckers Outdoor by 24.7% during the first quarter. Amundi now owns 1,357,154 shares of the textile maker’s stock valued at $151,743,000 after buying an additional 268,803 shares during the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Trading Down 15.0%

Shares of Deckers Outdoor stock opened at $87.16 on Monday. The stock has a market capitalization of $12.93 billion, a price-to-earnings ratio of 12.91, a P/E/G ratio of 3.29 and a beta of 1.05. Deckers Outdoor Corporation has a 1-year low of $86.83 and a 1-year high of $223.98. The firm’s 50-day moving average price is $108.65 and its two-hundred day moving average price is $108.55.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, October 23rd. The textile maker reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.24. The firm had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.59 earnings per share. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. As a group, equities research analysts predict that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Analyst Upgrades and Downgrades

DECK has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Deckers Outdoor in a research report on Friday. Raymond James Financial set a $115.00 target price on shares of Deckers Outdoor and gave the company a “strong-buy” rating in a research note on Friday. Evercore ISI lowered their target price on shares of Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating on the stock in a research note on Friday, October 17th. Stifel Nicolaus set a $127.00 target price on shares of Deckers Outdoor in a research note on Tuesday, October 21st. Finally, Barclays upped their target price on shares of Deckers Outdoor from $134.00 to $141.00 and gave the company an “overweight” rating in a research note on Friday, September 12th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Deckers Outdoor currently has an average rating of “Moderate Buy” and an average target price of $119.58.

Insiders Place Their Bets

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $118.02, for a total transaction of $35,406.00. Following the sale, the director directly owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.40% of the company’s stock.

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 in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.