Hantz Financial Services Inc. Trims Stock Position in Deckers Outdoor Corporation $DECK

Hantz Financial Services Inc. lowered its stake in shares of Deckers Outdoor Corporation (NYSE:DECK) by 49.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 4,932 shares of the textile maker’s stock after selling 4,875 shares during the period. Hantz Financial Services Inc.’s holdings in Deckers Outdoor were worth $511,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Geneos Wealth Management Inc. raised its stake in shares of Deckers Outdoor by 330.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after buying an additional 215 shares during the last quarter. Elyxium Wealth LLC purchased a new position in shares of Deckers Outdoor during the 4th quarter valued at about $30,000. Rakuten Securities Inc. raised its stake in shares of Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after buying an additional 100 shares during the last quarter. Activest Wealth Management raised its stake in shares of Deckers Outdoor by 298.8% during the 4th quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock valued at $34,000 after buying an additional 245 shares during the last quarter. Finally, Aventura Private Wealth LLC purchased a new position in shares of Deckers Outdoor during the 4th quarter valued at about $40,000. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on DECK shares. Telsey Advisory Group set a $113.00 price objective on Deckers Outdoor in a research note on Friday, May 22nd. Evercore set a $108.00 price objective on Deckers Outdoor in a research note on Friday, January 30th. KGI Securities cut shares of Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price objective for the company. in a report on Friday, May 22nd. Zacks Research cut shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, May 22nd. Nine equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $120.50.

Deckers Outdoor Stock Performance

DECK opened at $114.24 on Friday. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $126.50. The company has a fifty day moving average of $102.97 and a two-hundred day moving average of $102.66. The stock has a market capitalization of $15.87 billion, a price-to-earnings ratio of 16.23, a PEG ratio of 2.27 and a beta of 1.14.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.15. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the company earned $1.00 earnings per share. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, equities research analysts forecast that Deckers Outdoor Corporation will post 7.41 earnings per share for the current year.

Deckers Outdoor 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.