Ameriprise Financial Inc. lowered its position in Deckers Outdoor Corp. (NYSE:DECK) by 10.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 315,607 shares of the company’s stock after selling 37,180 shares during the period. Ameriprise Financial Inc. owned about 0.99% of Deckers Outdoor Corp. worth $18,155,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in DECK. Barrow Hanley Mewhinney & Strauss LLC increased its position in shares of Deckers Outdoor Corp. by 66.4% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 102,229 shares of the company’s stock worth $5,880,000 after buying an additional 40,804 shares during the last quarter. Oxford Asset Management increased its position in shares of Deckers Outdoor Corp. by 1,494.4% in the second quarter. Oxford Asset Management now owns 163,635 shares of the company’s stock worth $9,412,000 after buying an additional 153,372 shares during the last quarter. LSV Asset Management increased its position in shares of Deckers Outdoor Corp. by 4.4% in the second quarter. LSV Asset Management now owns 274,765 shares of the company’s stock worth $15,804,000 after buying an additional 11,465 shares during the last quarter. State Board of Administration of Florida Retirement System increased its position in shares of Deckers Outdoor Corp. by 5.3% in the second quarter. State Board of Administration of Florida Retirement System now owns 20,426 shares of the company’s stock worth $1,175,000 after buying an additional 1,027 shares during the last quarter. Finally, Polaris Capital Management LLC increased its position in shares of Deckers Outdoor Corp. by 8.8% in the second quarter. Polaris Capital Management LLC now owns 27,300 shares of the company’s stock worth $1,570,000 after buying an additional 2,200 shares during the last quarter.

Deckers Outdoor Corp. (NYSE:DECK) traded up 1.18% during trading on Wednesday, reaching $62.36. The company had a trading volume of 394,917 shares. The firm’s 50 day moving average is $63.99 and its 200-day moving average is $58.83. Deckers Outdoor Corp. has a 12 month low of $40.74 and a 12 month high of $69.94. The company has a market capitalization of $2.00 billion, a P/E ratio of 18.46 and a beta of 0.90.

Deckers Outdoor Corp. (NYSE:DECK) last released its quarterly earnings results on Thursday, July 28th. The company reported ($1.80) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($2.07) by $0.27. Deckers Outdoor Corp. had a return on equity of 14.78% and a net margin of 6.03%. The company earned $174.40 million during the quarter, compared to analysts’ expectations of $170.48 million. During the same period in the previous year, the firm posted ($1.43) earnings per share. The business’s revenue for the quarter was down 18.4% compared to the same quarter last year. On average, equities analysts expect that Deckers Outdoor Corp. will post $4.31 earnings per share for the current year.

DECK has been the subject of a number of analyst reports. Telsey Advisory Group raised Deckers Outdoor Corp. from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $68.00 to $78.00 in a report on Monday, August 15th. Jefferies Group boosted their price target on Deckers Outdoor Corp. from $75.00 to $80.00 and gave the company a “buy” rating in a report on Friday, July 29th. Brean Capital reissued a “buy” rating and issued a $72.00 price target on shares of Deckers Outdoor Corp. in a report on Friday, August 12th. Canaccord Genuity reissued a “buy” rating and issued a $72.00 price target on shares of Deckers Outdoor Corp. in a report on Sunday, September 11th. Finally, Citigroup Inc. upped their target price on Deckers Outdoor Corp. from $53.00 to $56.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 14th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have issued a buy rating to the company’s stock. Deckers Outdoor Corp. presently has an average rating of “Hold” and a consensus price target of $61.13.

In other news, Director Angel R. Martinez sold 29,058 shares of the business’s stock in a transaction on Wednesday, August 17th. The stock was sold at an average price of $67.61, for a total value of $1,964,611.38. Following the completion of the transaction, the director now directly owns 393,636 shares of the company’s stock, valued at $26,613,729.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John G. Perenchio sold 23,500 shares of the business’s stock in a transaction on Friday, August 12th. The stock was sold at an average price of $67.16, for a total value of $1,578,260.00. Following the completion of the transaction, the director now directly owns 28,281 shares of the company’s stock, valued at $1,899,351.96. The disclosure for this sale can be found here. 1.90% of the stock is owned by insiders.

About Deckers Outdoor Corp.

Deckers Outdoor Corporation (Deckers) offers footwear, apparel and accessories. The Company’s segments include operations of Deckers’ brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions; E-Commerce business, and retail store business. It sells its UGG footwear and accessories through department stores, independent specialty retailers and online retailers.

5 Day Chart for NYSE:DECK

Receive News & Ratings for Deckers Outdoor Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deckers Outdoor Corp. and related companies with MarketBeat.com's FREE daily email newsletter.