Banque Cantonale Vaudoise Raises Stock Position in Deckers Outdoor Corporation $DECK

Banque Cantonale Vaudoise raised its stake in shares of Deckers Outdoor Corporation (NYSE:DECKFree Report) by 132.6% during the fourth quarter, Holdings Channel reports. The firm owned 16,868 shares of the textile maker’s stock after buying an additional 9,616 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Deckers Outdoor were worth $1,749,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in DECK. Geneos Wealth Management Inc. increased its position in Deckers Outdoor by 330.8% during the 2nd 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. Pilgrim Partners Asia Pte Ltd purchased a new position in Deckers Outdoor during the 3rd quarter valued at $30,000. Elyxium Wealth LLC purchased a new position in Deckers Outdoor during the 4th quarter valued at $30,000. Rakuten Securities Inc. increased its position in 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 purchasing an additional 100 shares during the period. Finally, Activest Wealth Management increased its position in 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 purchasing an additional 245 shares during the period. 97.79% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on DECK shares. Needham & Company LLC increased their price target on shares of Deckers Outdoor from $115.00 to $138.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Sanford C. Bernstein upgraded shares of Deckers Outdoor from an “underperform” rating to a “market perform” rating and increased their price target for the stock from $90.00 to $100.00 in a research note on Wednesday, May 6th. Raymond James Financial lowered shares of Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price target for the company. in a research note on Thursday, April 23rd. Wells Fargo & Company lowered shares of Deckers Outdoor from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $115.00 to $90.00 in a research note on Friday, May 8th. Finally, Jefferies Financial Group increased their price target on shares of Deckers Outdoor from $102.00 to $105.00 and gave the stock a “hold” rating in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Deckers Outdoor currently has an average rating of “Hold” and a consensus target price of $122.42.

Get Our Latest Stock Report on DECK

Deckers Outdoor Price Performance

Shares of Deckers Outdoor stock opened at $102.70 on Friday. The company has a 50-day moving average of $102.12 and a 200 day moving average of $101.61. The firm has a market cap of $14.58 billion, a price-to-earnings ratio of 14.51, a PEG ratio of 2.11 and a beta of 1.14. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $127.00.

Deckers Outdoor (NYSE:DECKGet Free Report) last announced its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, beating the consensus estimate of $0.81 by $0.15. Deckers Outdoor had a net margin of 19.46% and a return on equity of 41.60%. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the prior year, the firm posted $1.00 EPS. Deckers Outdoor’s revenue for the quarter was up 9.5% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, equities analysts anticipate that Deckers Outdoor Corporation will post 6.87 EPS for the current year.

Deckers Outdoor Company Profile

(Free Report)

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.

See Also

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:DECKFree Report).

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

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