D.C. Capital Advisors Ltd continued to hold its position in shares of Deckers Outdoor Corporation (NYSE:DECK) during the second quarter, Holdings Channel reports. The fund owned 100,000 shares of the textile maker’s stock at the end of the second quarter. Deckers Outdoor Corporation accounts for approximately 4.7% of D.C. Capital Advisors Ltd’s portfolio, making the stock its 10th largest position. D.C. Capital Advisors Ltd’s holdings in Deckers Outdoor Corporation were worth $6,826,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in DECK. State Treasurer State of Michigan raised its position in shares of Deckers Outdoor Corporation by 0.8% in the first quarter. State Treasurer State of Michigan now owns 13,000 shares of the textile maker’s stock worth $776,000 after buying an additional 100 shares in the last quarter. Great West Life Assurance Co. Can raised its position in shares of Deckers Outdoor Corporation by 4.1% in the first quarter. Great West Life Assurance Co. Can now owns 18,874 shares of the textile maker’s stock worth $1,127,000 after buying an additional 739 shares in the last quarter. Canada Pension Plan Investment Board raised its position in shares of Deckers Outdoor Corporation by 43.2% in the first quarter. Canada Pension Plan Investment Board now owns 44,085 shares of the textile maker’s stock worth $2,633,000 after buying an additional 13,300 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Deckers Outdoor Corporation by 20.4% in the first quarter. Wells Fargo & Company MN now owns 86,301 shares of the textile maker’s stock worth $5,155,000 after buying an additional 14,630 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its position in shares of Deckers Outdoor Corporation by 1.8% in the first quarter. Oregon Public Employees Retirement Fund now owns 11,271 shares of the textile maker’s stock worth $673,000 after buying an additional 200 shares in the last quarter.

Shares of Deckers Outdoor Corporation (DECK) opened at 64.00 on Tuesday. The firm’s 50-day moving average is $65.77 and its 200-day moving average is $60.39. Deckers Outdoor Corporation has a 1-year low of $44.00 and a 1-year high of $72.72. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 91.95 and a beta of 1.27.

Deckers Outdoor Corporation (NYSE:DECK) last released its earnings results on Thursday, July 27th. The textile maker reported ($1.28) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($1.67) by $0.39. The firm had revenue of $209.70 million for the quarter, compared to analysts’ expectations of $178.36 million. Deckers Outdoor Corporation had a return on equity of 14.25% and a net margin of 1.23%. The business’s quarterly revenue was up 20.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($1.80) EPS. On average, analysts predict that Deckers Outdoor Corporation will post $4.08 earnings per share for the current fiscal year.

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A number of brokerages recently issued reports on DECK. B. Riley reiterated a “neutral” rating and issued a $68.00 target price on shares of Deckers Outdoor Corporation in a research report on Thursday, June 1st. ValuEngine upgraded shares of Deckers Outdoor Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Buckingham Research lowered shares of Deckers Outdoor Corporation from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 7th. BidaskClub upgraded shares of Deckers Outdoor Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. Finally, Zacks Investment Research upgraded shares of Deckers Outdoor Corporation from a “hold” rating to a “buy” rating and set a $76.00 target price for the company in a research report on Thursday, June 1st. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $67.00.

About Deckers Outdoor Corporation

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.

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

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