Teachers Advisors LLC increased its stake in Deckers Outdoor Corporation (NYSE:DECK) by 4.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,987 shares of the textile maker’s stock after buying an additional 2,200 shares during the period. Teachers Advisors LLC’s holdings in Deckers Outdoor Corporation were worth $3,344,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Advantus Capital Management Inc raised its position in shares of Deckers Outdoor Corporation by 2.6% in the first quarter. Advantus Capital Management Inc now owns 4,089 shares of the textile maker’s stock valued at $244,000 after buying an additional 102 shares during the period. Systematic Financial Management LP acquired a new stake in shares of Deckers Outdoor Corporation during the first quarter valued at about $1,970,000. FMR LLC boosted its stake in shares of Deckers Outdoor Corporation by 2.3% in the first quarter. FMR LLC now owns 2,770,008 shares of the textile maker’s stock valued at $165,452,000 after buying an additional 63,382 shares in the last quarter. Wellington Management Group LLP acquired a new stake in shares of Deckers Outdoor Corporation during the first quarter valued at about $56,825,000. Finally, OppenheimerFunds Inc. boosted its stake in shares of Deckers Outdoor Corporation by 33.5% in the first quarter. OppenheimerFunds Inc. now owns 8,903 shares of the textile maker’s stock valued at $532,000 after buying an additional 2,234 shares in the last quarter.

Shares of Deckers Outdoor Corporation (NYSE DECK) traded up 1.19% during mid-day trading on Friday, reaching $64.61. 464,290 shares of the company traded hands. The firm’s 50 day moving average price is $65.84 and its 200-day moving average price is $60.36. Deckers Outdoor Corporation has a 52-week low of $44.00 and a 52-week high of $72.72. The company has a market capitalization of $2.07 billion, a P/E ratio of 92.83 and a beta of 1.27.

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

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Several analysts have recently issued reports on DECK shares. Jefferies Group LLC set a $68.00 price target on shares of Deckers Outdoor Corporation and gave the stock a “buy” rating in a research report on Saturday, May 27th. Stifel Nicolaus increased their price target on shares of Deckers Outdoor Corporation from $70.00 to $74.00 and gave the stock a “buy” rating in a research report on Friday, May 26th. Canaccord Genuity reissued a “buy” rating and set a $69.00 price target on shares of Deckers Outdoor Corporation in a research report on Tuesday, May 23rd. Zacks Investment Research raised shares of Deckers Outdoor Corporation from a “hold” rating to a “buy” rating and set a $67.00 price target on the stock in a research report on Tuesday, May 9th. Finally, ValuEngine raised shares of Deckers Outdoor Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the company. The company presently has a consensus 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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