Captrust Financial Advisors Buys 478 Shares of Deckers Outdoor Corp (DECK)
Captrust Financial Advisors boosted its stake in shares of Deckers Outdoor Corp (NYSE:DECK) by 55.1% in the 4th quarter, HoldingsChannel reports. The fund owned 1,345 shares of the textile maker’s stock after buying an additional 478 shares during the period. Captrust Financial Advisors’ holdings in Deckers Outdoor were worth $172,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently made changes to their positions in the stock. Doyle Wealth Management purchased a new stake in shares of Deckers Outdoor in the fourth quarter valued at approximately $27,000. Penserra Capital Management LLC purchased a new stake in shares of Deckers Outdoor in the fourth quarter valued at approximately $31,000. Enlightenment Research LLC purchased a new stake in shares of Deckers Outdoor in the fourth quarter valued at approximately $38,000. Duncker Streett & Co. Inc. purchased a new stake in shares of Deckers Outdoor in the fourth quarter valued at approximately $51,000. Finally, We Are One Seven LLC purchased a new stake in shares of Deckers Outdoor in the fourth quarter valued at approximately $90,000.
A number of analysts have recently issued reports on DECK shares. ValuEngine raised Deckers Outdoor from a “hold” rating to a “buy” rating in a research note on Saturday, February 2nd. Canaccord Genuity reaffirmed a “buy” rating and issued a $164.00 price target (up from $143.00) on shares of Deckers Outdoor in a research note on Friday, February 1st. Pivotal Research reaffirmed a “hold” rating on shares of Deckers Outdoor in a research note on Monday, January 28th. Jefferies Financial Group set a $132.00 price target on Deckers Outdoor and gave the stock a “hold” rating in a research note on Saturday, February 2nd. Finally, Susquehanna Bancshares reaffirmed a “neutral” rating and issued a $161.00 price target (up from $150.00) on shares of Deckers Outdoor in a research note on Wednesday, February 27th. Fourteen research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Deckers Outdoor currently has an average rating of “Hold” and an average price target of $129.40.
Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, January 31st. The textile maker reported $6.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $5.31 by $1.28. The company had revenue of $873.80 million for the quarter, compared to analyst estimates of $826.90 million. Deckers Outdoor had a return on equity of 27.09% and a net margin of 12.87%. During the same quarter in the previous year, the company posted $4.97 earnings per share. Equities analysts anticipate that Deckers Outdoor Corp will post 7.96 EPS for the current year.
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Deckers Outdoor Company Profile
Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities. It offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and footwear under the Sanuk brand name.
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