Capital Fund Management S.A. purchased a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 12,429 shares of the textile maker’s stock, valued at approximately $848,000.

A number of other large investors have also recently modified their holdings of DECK. Louisiana State Employees Retirement System lifted its position in shares of Deckers Outdoor Corporation by 2.5% in the 1st quarter. Louisiana State Employees Retirement System now owns 8,100 shares of the textile maker’s stock worth $484,000 after purchasing an additional 200 shares during the period. Glen Harbor Capital Management LLC lifted its position in shares of Deckers Outdoor Corporation by 6.9% in the 1st quarter. Glen Harbor Capital Management LLC now owns 1,736 shares of the textile maker’s stock worth $104,000 after purchasing an additional 112 shares during the period. Oregon Public Employees Retirement Fund lifted its position in shares of Deckers Outdoor Corporation by 1.8% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 11,271 shares of the textile maker’s stock worth $673,000 after purchasing an additional 200 shares during the period. Wells Fargo & Company MN lifted its position in shares of Deckers Outdoor Corporation by 20.4% in the 1st quarter. Wells Fargo & Company MN now owns 86,301 shares of the textile maker’s stock worth $5,155,000 after purchasing an additional 14,630 shares during the period. Finally, Canada Pension Plan Investment Board lifted its position in shares of Deckers Outdoor Corporation by 43.2% in the 1st quarter. Canada Pension Plan Investment Board now owns 44,085 shares of the textile maker’s stock worth $2,633,000 after purchasing an additional 13,300 shares during the period. Institutional investors own 99.57% of the company’s stock.

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Deckers Outdoor Corporation (NYSE DECK) opened at 63.80 on Friday. The stock has a 50 day moving average of $63.98 and a 200 day moving average of $62.09. 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 $2.04 billion, a P/E ratio of 91.67 and a beta of 1.23.

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

Several equities research analysts have recently weighed in on the stock. 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. Susquehanna Bancshares Inc reiterated a “neutral” rating and set a $60.00 price objective on shares of Deckers Outdoor Corporation in a research note on Monday, May 29th. ValuEngine lowered shares of Deckers Outdoor Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, June 22nd. Morgan Stanley boosted their price objective on shares of Deckers Outdoor Corporation from $59.00 to $61.00 and gave the stock an “equal weight” rating in a research note on Monday, August 7th. Finally, B. Riley reiterated a “neutral” rating and set a $68.00 price objective on shares of Deckers Outdoor Corporation in a research note on Saturday, May 27th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have assigned a buy rating to the company. Deckers Outdoor Corporation currently has a consensus rating of “Hold” and an average price target of $67.00.

Deckers Outdoor Corporation Profile

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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