Jensen Investment Management Inc buys $518,681 stake in Deckers Outdoor Corp (DECK)

Deckers Outdoor Corp (DECK) : Jensen Investment Management Inc scooped up 1,070 additional shares in Deckers Outdoor Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 8,140 shares of Deckers Outdoor Corp which is valued at $518,681.Deckers Outdoor Corp makes up approximately 0.01% of Jensen Investment Management Inc’s portfolio.

Other Hedge Funds, Including , Strs Ohio reduced its stake in DECK by selling 200 shares or 12.5% in the most recent quarter. The Hedge Fund company now holds 1,400 shares of DECK which is valued at $89,208. 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.Louisiana State Employees Retirement System reduced its stake in DECK by selling 500 shares or 5.56% in the most recent quarter. The Hedge Fund company now holds 8,500 shares of DECK which is valued at $541,620. Deckers Outdoor Corp makes up approx 0.03% of Louisiana State Employees Retirement System’s portfolio.Meeder Asset Management Inc reduced its stake in DECK by selling 7 shares or 0.06% in the most recent quarter. The Hedge Fund company now holds 11,961 shares of DECK which is valued at $725,554. Deckers Outdoor Corp makes up approx 0.07% of Meeder Asset Management Inc’s portfolio.Ls Investment Advisors boosted its stake in DECK in the latest quarter, The investment management firm added 783 additional shares and now holds a total of 1,987 shares of Deckers Outdoor Corp which is valued at $120,531. Deckers Outdoor Corp makes up approx 0.01% of Ls Investment Advisors’s portfolio.

Deckers Outdoor Corp opened for trading at $66.58 and hit $69.19 on the upside on Friday, eventually ending the session at $66.01, with a gain of 4.07% or 2.58 points. The heightened volatility saw the trading volume jump to 15,36,804 shares. Company has a market cap of $2,114 M.

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. 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 Corp was Downgraded by Citigroup to ” Neutral” on May 27, 2016.

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.

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