Crossmark Global Holdings Inc. boosted its position in shares of Deckers Outdoor Corp (NYSE:DECK) by 64.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,530 shares of the textile maker’s stock after buying an additional 1,780 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Deckers Outdoor were worth $580,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Wedge Capital Management L L P NC acquired a new position in Deckers Outdoor during the fourth quarter worth about $36,718,000. Wedbush Securities Inc. acquired a new position in Deckers Outdoor during the fourth quarter worth about $212,000. Hanseatic Management Services Inc. acquired a new position in Deckers Outdoor during the fourth quarter worth about $218,000. CAPROCK Group Inc. acquired a new position in Deckers Outdoor during the fourth quarter worth about $261,000. Finally, Ocean Capital Management LLC acquired a new position in Deckers Outdoor during the fourth quarter worth about $882,000.

DECK has been the topic of a number of recent research reports. UBS Group upgraded shares of Deckers Outdoor from a “neutral” rating to a “positive” rating in a research report on Friday, October 26th. Buckingham Research lifted their target price on shares of Deckers Outdoor from $109.00 to $115.00 and gave the stock a “neutral” rating in a research note on Friday, October 26th. reaffirmed a “hold” rating and set a $104.00 target price on shares of Deckers Outdoor in a research note on Monday, October 22nd. Canaccord Genuity reaffirmed a “buy” rating and set a $137.00 target price on shares of Deckers Outdoor in a research note on Tuesday, October 23rd. Finally, Citigroup lifted their target price on shares of Deckers Outdoor from $122.00 to $140.00 and gave the stock a “neutral” rating in a research note on Monday, November 12th. Thirteen investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Deckers Outdoor currently has an average rating of “Hold” and a consensus target price of $125.60.

Shares of DECK stock opened at $143.78 on Thursday. The company has a current ratio of 3.06, a quick ratio of 2.19 and a debt-to-equity ratio of 0.03. Deckers Outdoor Corp has a 12 month low of $85.81 and a 12 month high of $146.90. The stock has a market cap of $4.22 billion, a price-to-earnings ratio of 25.05, a PEG ratio of 1.48 and a beta of 0.63.

Deckers Outdoor (NYSE:DECK) last issued its earnings results on Thursday, January 31st. The textile maker reported $6.59 EPS for the quarter, topping analysts’ consensus estimates of $5.31 by $1.28. Deckers Outdoor had a net margin of 12.87% and a return on equity of 27.09%. The company had revenue of $873.80 million for the quarter, compared to the consensus estimate of $826.90 million. During the same period in the previous year, the firm earned $4.97 earnings per share. On average, research analysts anticipate that Deckers Outdoor Corp will post 7.97 EPS for the current fiscal year.

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About Deckers Outdoor

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.

Further Reading: Quiet Period Expirations Explained

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

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