180 Wealth Advisors LLC Makes New $570,000 Investment in Deckers Outdoor Corporation $DECK

180 Wealth Advisors LLC bought a new stake in Deckers Outdoor Corporation (NYSE:DECKFree Report) in the first quarter, HoldingsChannel.com reports. The institutional investor bought 5,693 shares of the textile maker’s stock, valued at approximately $570,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of DECK. Federated Hermes Inc. boosted its stake in shares of Deckers Outdoor by 374.1% during the 4th quarter. Federated Hermes Inc. now owns 3,149,719 shares of the textile maker’s stock worth $326,531,000 after acquiring an additional 2,485,338 shares in the last quarter. Norges Bank purchased a new position in Deckers Outdoor in the 4th quarter valued at approximately $252,729,000. AQR Capital Management LLC raised its holdings in Deckers Outdoor by 340.5% during the fourth quarter. AQR Capital Management LLC now owns 2,633,353 shares of the textile maker’s stock worth $273,000,000 after purchasing an additional 2,035,517 shares during the last quarter. Viking Global Investors LP acquired a new position in Deckers Outdoor during the third quarter worth $175,058,000. Finally, Marshall Wace LLP boosted its position in Deckers Outdoor by 5,324.4% during the fourth quarter. Marshall Wace LLP now owns 1,498,106 shares of the textile maker’s stock worth $155,309,000 after purchasing an additional 1,470,488 shares in the last quarter. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Deckers Outdoor Price Performance

Shares of NYSE DECK opened at $107.91 on Tuesday. The company has a 50-day simple moving average of $105.09 and a 200-day simple moving average of $106.05. The company has a market cap of $14.99 billion, a PE ratio of 15.33, a price-to-earnings-growth ratio of 2.10 and a beta of 1.17. Deckers Outdoor Corporation has a 12 month low of $78.91 and a 12 month high of $126.50.

Deckers Outdoor (NYSE:DECKGet Free Report) last posted its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.15. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The business’s revenue was up 9.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, analysts anticipate that Deckers Outdoor Corporation will post 7.45 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on DECK. KeyCorp reissued a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, May 22nd. UBS Group lifted 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. Weiss Ratings reiterated a “hold (c)” rating on shares of Deckers Outdoor in a research report on Monday, April 20th. Telsey Advisory Group set a $113.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 22nd. Finally, Barclays restated an “overweight” rating and set a $141.00 target price (down from $143.00) on shares of Deckers Outdoor in a report on Tuesday, May 26th. Nine equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $121.11.

View Our Latest Research Report on DECK

Deckers Outdoor News Roundup

Here are the key news stories impacting Deckers Outdoor this week:

Deckers Outdoor Profile

(Free Report)

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.

See Also

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

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