Deckers Outdoor Corp (DECK) : West Coast Financial scooped up 2,344 additional shares in Deckers Outdoor Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 72,322 shares of Deckers Outdoor Corp which is valued at $4,524,464.Deckers Outdoor Corp makes up approximately 1.58% of West Coast Financial’s portfolio.
Other Hedge Funds, Including , Quantitative Investment Management sold out all of its stake in DECK during the most recent quarter. The investment firm sold 10,800 shares of DECK which is valued $675,648. Round Table Services sold out all of its stake in DECK during the most recent quarter. The investment firm sold 5,053 shares of DECK which is valued $321,977.Weaver C. Barksdale Associates boosted its stake in DECK in the latest quarter, The investment management firm added 19 additional shares and now holds a total of 163 shares of Deckers Outdoor Corp which is valued at $10,095. Deckers Outdoor Corp makes up approx 0.02% of Weaver C. Barksdale Associates’s portfolio.
Deckers Outdoor Corp closed down -0.47 points or -0.73% at $63.71 with 2,24,665 shares getting traded on Monday. Post opening the session at $64.24, the shares hit an intraday low of $63.42 and an intraday high of $64.859 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Deckers Outdoor Corp reported $-1.80 EPS for the quarter, beating the analyst consensus estimate by $ 0.27 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $-2.07. The company had revenue of $174.39 million for the quarter, compared to analysts expectations of $170.26 million. The company’s revenue was down -18.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-1.43 EPS.
Many Wall Street Analysts have commented on Deckers Outdoor Corp. Deckers Outdoor Corp was Downgraded by Standpoint Research to ” Hold” on Aug 2, 2016. Company shares were Reiterated by Telsey Advisory Group on Jul 29, 2016 to “Market Perform”, Firm has raised the Price Target to $ 68 from a previous price target of $57 .Shares were Reiterated by Telsey Advisory Group on May 27, 2016 to “Market Perform” and Lowered the Price Target to $ 57 from a previous price target of $60 .
Deckers Outdoor Corporation (Deckers) offers footwear apparel and accessories. The Company’s segments include operations of Deckers’ brands such as UGG Teva Sanuk and other brands; wholesale divisions; E-Commerce business and retail store business. It sells its UGG footwear and accessories through department stores independent specialty retailers and online retailers. The Company sells Teva footwear through specialty outdoor and sporting goods retailers. It sells Sanuk footwear through independent action sports retailers outdoor retailers specialty footwear retailers and national retail chains. The Company sells other brands at specialty running stores department stores outdoor specialty accounts independent specialty retailers and through online retailers. It operate its E-Commerce business through Uggaustralia.com Teva.com Sanuk.com Ahnu.com Hokaoneone.com Mozo.com and Tsubo.com Websites. Its retail stores segment operates UGG concept stores and UGG outlet stores.