Deckers Outdoor Corporation (DECK) Shares Sold by Amalgamated Bank

Amalgamated Bank lowered its holdings in Deckers Outdoor Corporation (NYSE:DECK) by 1.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,493 shares of the textile maker’s stock after selling 54 shares during the quarter. Amalgamated Bank’s holdings in Deckers Outdoor Corporation were worth $307,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of DECK. TIAA CREF Investment Management LLC grew its stake in shares of Deckers Outdoor Corporation by 1.7% in the second quarter. TIAA CREF Investment Management LLC now owns 142,825 shares of the textile maker’s stock valued at $9,749,000 after buying an additional 2,428 shares in the last quarter. Teachers Advisors LLC grew its stake in shares of Deckers Outdoor Corporation by 2.2% in the second quarter. Teachers Advisors LLC now owns 57,246 shares of the textile maker’s stock valued at $3,908,000 after buying an additional 1,259 shares in the last quarter. Seven Eight Capital LP acquired a new stake in shares of Deckers Outdoor Corporation in the second quarter valued at $1,934,000. Riverhead Capital Management LLC grew its stake in shares of Deckers Outdoor Corporation by 75.5% in the second quarter. Riverhead Capital Management LLC now owns 1,931 shares of the textile maker’s stock valued at $132,000 after buying an additional 831 shares in the last quarter. Finally, Capital Fund Management S.A. acquired a new stake in shares of Deckers Outdoor Corporation in the second quarter valued at $848,000. Institutional investors own 99.57% of the company’s stock.

Deckers Outdoor Corporation (DECK) opened at 71.62 on Wednesday. The firm has a market capitalization of $2.29 billion, a PE ratio of 102.90 and a beta of 1.34. The company’s 50-day moving average price is $65.31 and its 200 day moving average price is $63.79. 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 announced its earnings results on Thursday, July 27th. The textile maker reported ($1.28) earnings per share for the quarter, beating the consensus estimate of ($1.67) by $0.39. The company had revenue of $209.70 million during the quarter, compared to the consensus estimate of $178.36 million. Deckers Outdoor Corporation had a return on equity of 14.25% and a net margin of 1.23%. The company’s revenue was up 20.2% on a year-over-year basis. During the same period last year, the firm earned ($1.80) earnings per share. On average, equities analysts anticipate that Deckers Outdoor Corporation will post $4.08 EPS for the current year.

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A number of equities research analysts have recently weighed in on the company. Stifel Nicolaus lifted their price objective on Deckers Outdoor Corporation from $74.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, October 6th. Pivotal Research assumed coverage on Deckers Outdoor Corporation in a research note on Thursday, October 5th. They issued a “buy” rating and a $80.00 price objective for the company. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $66.00 price objective on shares of Deckers Outdoor Corporation in a research note on Friday, September 29th. ValuEngine raised Deckers Outdoor Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $67.00 price objective on shares of Deckers Outdoor Corporation in a research note on Friday, October 6th. Eleven analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Deckers Outdoor Corporation has a consensus rating of “Hold” and a consensus target price of $67.67.

Deckers Outdoor Corporation Profile

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.

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

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