Peak Retirement Planning Inc. grew its stake in shares of Deckers Outdoor Corporation (NYSE:DECK – Free Report) by 52.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,937 shares of the textile maker’s stock after purchasing an additional 9,594 shares during the quarter. Deckers Outdoor accounts for 0.7% of Peak Retirement Planning Inc.’s investment portfolio, making the stock its 27th biggest position. Peak Retirement Planning Inc.’s holdings in Deckers Outdoor were worth $2,896,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. AXQ Capital LP lifted its stake in shares of Deckers Outdoor by 33.6% during the fourth quarter. AXQ Capital LP now owns 8,782 shares of the textile maker’s stock worth $910,000 after purchasing an additional 2,207 shares in the last quarter. GW Henssler & Associates Ltd. lifted its stake in shares of Deckers Outdoor by 5.8% in the fourth quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock worth $224,000 after acquiring an additional 118 shares in the last quarter. BW Gestao de Investimentos Ltda. acquired a new position in shares of Deckers Outdoor in the fourth quarter worth about $4,043,000. Rothschild Wealth LLC lifted its stake in shares of Deckers Outdoor by 38.0% in the fourth quarter. Rothschild Wealth LLC now owns 5,584 shares of the textile maker’s stock worth $579,000 after acquiring an additional 1,539 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its stake in shares of Deckers Outdoor by 1.1% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 59,001 shares of the textile maker’s stock worth $6,117,000 after acquiring an additional 619 shares in the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms recently commented on DECK. Raymond James Financial cut Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price target on the stock. in a research note on Thursday, April 23rd. UBS Group boosted their price target on Deckers Outdoor from $145.00 to $161.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Telsey Advisory Group set a $113.00 price target on Deckers Outdoor in a research note on Friday, May 22nd. Barclays reiterated an “overweight” rating and issued a $141.00 price target (down from $143.00) on shares of Deckers Outdoor in a research note on Tuesday, May 26th. Finally, Argus set a $128.00 price target on Deckers Outdoor in a research note on Friday. Nine investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $121.11.
Deckers Outdoor Stock Down 0.1%
Shares of Deckers Outdoor stock opened at $110.72 on Wednesday. The firm has a market cap of $15.38 billion, a P/E ratio of 15.73, a P/E/G ratio of 2.20 and a beta of 1.16. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $126.50. The business has a 50-day moving average price of $103.28 and a 200 day moving average price of $103.09.
Deckers Outdoor (NYSE:DECK – Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.15. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.Deckers Outdoor’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, equities research analysts anticipate that Deckers Outdoor Corporation will post 7.41 earnings per share 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.
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