Russell Investments Group Ltd. Takes Position in Deckers Outdoor Corp (DECK)

Russell Investments Group Ltd. purchased a new stake in Deckers Outdoor Corp (NYSE:DECK) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 35,489 shares of the textile maker’s stock, valued at approximately $1,964,000. Russell Investments Group Ltd. owned about 0.11% of Deckers Outdoor Corp at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Oregon Public Employees Retirement Fund increased its stake in Deckers Outdoor Corp by 2.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 11,296 shares of the textile maker’s stock valued at $673,000 after buying an additional 221 shares in the last quarter. Fox Run Management L.L.C. acquired a new stake in Deckers Outdoor Corp during the third quarter valued at $298,000. Smith Graham & Co. Investment Advisors LP increased its stake in Deckers Outdoor Corp by 3.0% in the third quarter. Smith Graham & Co. Investment Advisors LP now owns 158,245 shares of the textile maker’s stock valued at $9,423,000 after buying an additional 4,600 shares in the last quarter. CIBC Asset Management Inc increased its position in shares of Deckers Outdoor Corp by 0.4% in the third quarter. CIBC Asset Management Inc now owns 5,204 shares of the textile maker’s stock valued at $310,000 after buying an additional 20 shares during the period. Finally, Rothschild Asset Management Inc. purchased a new position in shares of Deckers Outdoor Corp during the third quarter valued at approximately $3,296,000.

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

Deckers Outdoor Corp (NYSE:DECK) traded down 0.81% during midday trading on Friday, hitting $57.85. 246,636 shares of the stock traded hands. Deckers Outdoor Corp has a 52-week low of $44.00 and a 52-week high of $69.94. The firm’s market cap is $1.85 billion. The stock has a 50-day moving average of $55.95 and a 200 day moving average of $56.60.

Deckers Outdoor Corp (NYSE:DECK) last announced its earnings results on Thursday, February 2nd. The textile maker reported $4.11 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $4.24 by $0.13. Deckers Outdoor Corp had a negative net margin of 0.13% and a positive return on equity of 12.45%. The business earned $760.30 million during the quarter, compared to analyst estimates of $789.08 million. During the same period in the previous year, the company earned $4.78 earnings per share. The business’s revenue for the quarter was down 4.5% on a year-over-year basis. Equities analysts forecast that Deckers Outdoor Corp will post $3.49 EPS for the current year.

TRADEMARK VIOLATION NOTICE: “Russell Investments Group Ltd. Takes Position in Deckers Outdoor Corp (DECK)” was first posted by BBNS and is owned by of BBNS. If you are accessing this article on another publication, it was illegally stolen and republished in violation of US & international trademark & copyright law. The legal version of this article can be read at https://baseballnewssource.com/markets/russell-investments-group-ltd-takes-position-in-deckers-outdoor-corp-deck-updated-updated/525458.html.

Several brokerages recently issued reports on DECK. B. Riley reiterated a “neutral” rating and set a $58.00 price target on shares of Deckers Outdoor Corp in a research report on Friday, January 27th. Piper Jaffray Companies set a $46.00 price objective on shares of Deckers Outdoor Corp and gave the stock a “hold” rating in a report on Friday, February 3rd. Citigroup Inc upped their price objective on shares of Deckers Outdoor Corp from $49.00 to $61.00 and gave the stock a “neutral” rating in a report on Monday, April 3rd. Canaccord Genuity reiterated a “buy” rating and issued a $70.00 target price on shares of Deckers Outdoor Corp in a research note on Thursday, January 5th. Finally, Zacks Investment Research downgraded shares of Deckers Outdoor Corp from a “buy” rating to a “hold” rating in a research note on Tuesday, January 10th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $58.00.

Deckers Outdoor Corp Company 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.

5 Day Chart for NYSE:DECK

Receive News & Ratings for Deckers Outdoor Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deckers Outdoor Corp and related companies with our FREE daily email newsletter.

 

Latest News

Sources Say Luis Robert Will Be Cleared by May 20 to Sign
Sources Say Luis Robert Will Be Cleared by May 20 to Sign
Colorado Rockies Bullpen Helping Them to NL West Lead
Colorado Rockies Bullpen Helping Them to NL West Lead
Hall of Famer Given New Lease on Life
Hall of Famer Given New Lease on Life
New York Mets Have the Power
New York Mets Have the Power
Red Sox Fighting Through Illness and Injury
Red Sox Fighting Through Illness and Injury
Cleveland and Arizona Off to Fast Starts
Cleveland and Arizona Off to Fast Starts


Leave a Reply

 
© 2006-2017 BBNS.