London Co. of Virginia Has $40.15 Million Position in Deckers Outdoor Corporation $DECK

London Co. of Virginia reduced its stake in shares of Deckers Outdoor Corporation (NYSE:DECK) by 27.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 387,314 shares of the textile maker’s stock after selling 144,946 shares during the quarter. London Co. of Virginia’s holdings in Deckers Outdoor were worth $40,154,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC grew its position in shares of Deckers Outdoor by 24.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 407,698 shares of the textile maker’s stock worth $43,538,000 after buying an additional 81,345 shares during the period. American Century Companies Inc. grew its position in shares of Deckers Outdoor by 21.6% during the 3rd quarter. American Century Companies Inc. now owns 1,157,559 shares of the textile maker’s stock worth $117,342,000 after buying an additional 205,748 shares during the period. Lombard Odier Asset Management USA Corp acquired a new position in shares of Deckers Outdoor during the 3rd quarter worth about $1,142,000. US Bancorp DE grew its position in shares of Deckers Outdoor by 262.3% during the 3rd quarter. US Bancorp DE now owns 61,436 shares of the textile maker’s stock worth $6,228,000 after buying an additional 44,477 shares during the period. Finally, SG Americas Securities LLC grew its position in shares of Deckers Outdoor by 309.0% during the 4th quarter. SG Americas Securities LLC now owns 240,466 shares of the textile maker’s stock worth $24,929,000 after buying an additional 181,675 shares during the period. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on DECK shares. UBS Group boosted their price objective on Deckers Outdoor from $145.00 to $161.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Zacks Research lowered Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Sanford C. Bernstein reiterated a “market perform” rating and issued a $105.00 price objective on shares of Deckers Outdoor in a research report on Friday, May 22nd. Barclays reiterated an “overweight” rating and issued a $141.00 price objective (down from $143.00) on shares of Deckers Outdoor in a research report on Tuesday, May 26th. Finally, Raymond James Financial lowered Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price objective for the company. in a research report on Thursday, April 23rd. Nine investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Deckers Outdoor currently has a consensus rating of “Hold” and an average target price of $121.11.

Deckers Outdoor Stock Performance

NYSE DECK opened at $110.22 on Wednesday. The stock has a market capitalization of $15.31 billion, a price-to-earnings ratio of 15.66, a PEG ratio of 2.22 and a beta of 1.16. The stock’s 50 day moving average price is $105.98 and its two-hundred day moving average price is $105.20. Deckers Outdoor Corporation has a 52 week low of $78.91 and a 52 week high of $126.50.

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

Deckers Outdoor Company 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.