Deckers Outdoor Corp (DECK) : Suffolk Capital Management scooped up 71,894 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 8, 2016. The investment management firm now holds a total of 215,591 shares of Deckers Outdoor Corp which is valued at $14,293,683.Deckers Outdoor Corp makes up approximately 1.71% of Suffolk Capital Management’s portfolio.
Other Hedge Funds, Including , Assetmark Inc boosted its stake in DECK in the latest quarter, The investment management firm added 56 additional shares and now holds a total of 287 shares of Deckers Outdoor Corp which is valued at $19,028.Polaris Capital Management boosted its stake in DECK in the latest quarter, The investment management firm added 2,200 additional shares and now holds a total of 27,300 shares of Deckers Outdoor Corp which is valued at $1,752,114. Deckers Outdoor Corp makes up approx 0.15% of Polaris Capital Management’s portfolio.California State Teachers Retirement System reduced its stake in DECK by selling 1,290 shares or 1.86% in the most recent quarter. The Hedge Fund company now holds 68,141 shares of DECK which is valued at $4,262,901. Deckers Outdoor Corp makes up approx 0.01% of California State Teachers Retirement System’s portfolio.Shelton Capital Management boosted its stake in DECK in the latest quarter, The investment management firm added 4 additional shares and now holds a total of 3,573 shares of Deckers Outdoor Corp which is valued at $223,527. Deckers Outdoor Corp makes up approx 0.02% of Shelton Capital Management’s portfolio.Cibc World Markets boosted its stake in DECK in the latest quarter, The investment management firm added 60 additional shares and now holds a total of 8,360 shares of Deckers Outdoor Corp which is valued at $507,118.
Deckers Outdoor Corp opened for trading at $69.11 and hit $69.94 on the upside on Monday, eventually ending the session at $68.55, with a gain of 2.30% or 1.54 points. The heightened volatility saw the trading volume jump to 8,55,522 shares. Company has a market cap of $2,196 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 Upgraded by Telsey Advisory Group on Aug 15, 2016 to ” Outperform”, Firm has raised the Price Target to $ 78 from a previous price target of $68 .Susquehanna Initiated Deckers Outdoor Corp on Aug 12, 2016 to “Neutral”, Price Target of the shares are set at $59.Deckers Outdoor Corp was Downgraded by Standpoint Research to ” Hold” on Aug 2, 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.