Swiss National Bank lowered its position in Deckers Outdoor Corp (NYSE:DECK) by 10.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 49,800 shares of the textile maker’s stock after selling 5,900 shares during the period. Swiss National Bank owned 0.16% of Deckers Outdoor worth $5,622,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Atria Investments LLC raised its stake in shares of Deckers Outdoor by 24.4% in the second quarter. Atria Investments LLC now owns 3,138 shares of the textile maker’s stock valued at $354,000 after acquiring an additional 616 shares during the last quarter. Amalgamated Bank raised its stake in shares of Deckers Outdoor by 15.4% in the second quarter. Amalgamated Bank now owns 5,198 shares of the textile maker’s stock valued at $587,000 after acquiring an additional 693 shares during the last quarter. Cambria Investment Management L.P. bought a new position in shares of Deckers Outdoor in the second quarter valued at approximately $1,242,000. Hartford Investment Management Co. bought a new position in shares of Deckers Outdoor in the second quarter valued at approximately $212,000. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Deckers Outdoor by 13.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 435,267 shares of the textile maker’s stock valued at $49,138,000 after acquiring an additional 51,685 shares during the last quarter.

Shares of Deckers Outdoor stock opened at $117.62 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.93 and a quick ratio of 1.70. The company has a market capitalization of $3.57 billion, a P/E ratio of 19.69, a P/E/G ratio of 1.54 and a beta of 1.10. Deckers Outdoor Corp has a fifty-two week low of $62.05 and a fifty-two week high of $124.68.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, July 26th. The textile maker reported ($0.98) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.42) by $0.44. Deckers Outdoor had a net margin of 6.49% and a return on equity of 20.26%. The business had revenue of $250.60 million during the quarter, compared to analyst estimates of $226.31 million. During the same quarter last year, the business posted ($1.28) earnings per share. Deckers Outdoor’s revenue for the quarter was up 19.5% compared to the same quarter last year. equities analysts predict that Deckers Outdoor Corp will post 6.44 earnings per share for the current fiscal year.

In other Deckers Outdoor news, Director Brian Spaly bought 1,000 shares of the stock in a transaction on Tuesday, July 31st. The stock was purchased at an average price of $113.17 per share, with a total value of $113,170.00. Following the acquisition, the director now owns 1,087 shares of the company’s stock, valued at $123,015.79. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 0.40% of the stock is currently owned by insiders.

A number of research analysts have recently issued reports on the stock. Telsey Advisory Group lifted their target price on shares of Deckers Outdoor from $115.00 to $125.00 and gave the company an “outperform” rating in a research note on Friday, May 25th. ValuEngine lowered shares of Deckers Outdoor from a “strong-buy” rating to a “buy” rating in a report on Friday, July 6th. Susquehanna Bancshares raised shares of Deckers Outdoor from a “negative” rating to a “neutral” rating and raised their price target for the company from $89.00 to $104.00 in a report on Thursday, August 23rd. Canaccord Genuity set a $137.00 price target on shares of Deckers Outdoor and gave the company a “buy” rating in a report on Friday, July 27th. Finally, Piper Jaffray Companies raised their price target on shares of Deckers Outdoor from $99.00 to $125.00 and gave the company a “hold” rating in a report on Friday, July 27th. Twelve investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Deckers Outdoor has a consensus rating of “Hold” and an average target price of $113.77.

Deckers Outdoor Profile

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.

See Also: Fundamental Analysis – How It Helps Investors

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

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