James Investment Research Inc. Reduces Position in Deckers Outdoor Corporation $DECK

James Investment Research Inc. decreased its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 17.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,102 shares of the textile maker’s stock after selling 8,009 shares during the period. James Investment Research Inc.’s holdings in Deckers Outdoor were worth $3,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Geneos Wealth Management Inc. grew its holdings in Deckers Outdoor by 330.8% during the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after purchasing an additional 215 shares during the period. Elyxium Wealth LLC bought a new position in shares of Deckers Outdoor in the fourth quarter worth about $30,000. Rakuten Securities Inc. lifted its position in shares of Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after buying an additional 100 shares in the last quarter. Activest Wealth Management lifted its position in shares of Deckers Outdoor by 298.8% during the 4th quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock valued at $34,000 after buying an additional 245 shares in the last quarter. Finally, Hilton Head Capital Partners LLC bought a new position in shares of Deckers Outdoor during the 4th quarter valued at approximately $35,000. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Zacks Research lowered shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. KGI Securities downgraded shares of Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price target on the stock. in a report on Friday, May 22nd. Stifel Nicolaus set a $144.00 price target on shares of Deckers Outdoor in a research report on Friday, May 29th. Argus set a $128.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 29th. Finally, Wells Fargo & Company downgraded shares of Deckers Outdoor from an “equal weight” rating to an “underweight” rating and decreased their price objective for the company from $115.00 to $90.00 in a research report on Friday, May 8th. Nine research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $121.11.

Deckers Outdoor Price Performance

Shares of DECK opened at $100.34 on Thursday. The firm has a market cap of $13.94 billion, a P/E ratio of 14.25, a price-to-earnings-growth ratio of 1.96 and a beta of 1.16. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $126.50. The company has a 50 day simple moving average of $105.26 and a two-hundred day simple moving average of $105.86.

Deckers Outdoor (NYSE:DECK) last released its earnings results on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, topping the consensus estimate of $0.81 by $0.15. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the previous year, the firm earned $1.00 earnings per share. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, sell-side analysts anticipate that Deckers Outdoor Corporation will post 7.45 earnings per share for the current year.

Deckers Outdoor Profile

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.