Prudential Financial Inc. trimmed its holdings in Deckers Outdoor Corp (NYSE:DECK) by 70.7% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 24,464 shares of the textile maker’s stock after selling 58,935 shares during the quarter. Prudential Financial Inc.’s holdings in Deckers Outdoor were worth $3,130,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Crossmark Global Holdings Inc. boosted its position in Deckers Outdoor by 64.7% in the fourth quarter. Crossmark Global Holdings Inc. now owns 4,530 shares of the textile maker’s stock worth $580,000 after purchasing an additional 1,780 shares during the last quarter. Lavaca Capital LLC purchased a new position in Deckers Outdoor in the fourth quarter worth about $100,000. Rational Advisors LLC purchased a new position in Deckers Outdoor in the fourth quarter worth about $135,000. Cigna Investments Inc. New boosted its position in Deckers Outdoor by 18.2% in the fourth quarter. Cigna Investments Inc. New now owns 4,211 shares of the textile maker’s stock worth $539,000 after purchasing an additional 649 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in Deckers Outdoor by 147.3% in the third quarter. SG Americas Securities LLC now owns 20,314 shares of the textile maker’s stock worth $2,409,000 after purchasing an additional 12,100 shares during the last quarter.

DECK stock opened at $141.77 on Friday. Deckers Outdoor Corp has a twelve month low of $85.81 and a twelve month high of $153.30. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.19 and a current ratio of 3.06. The stock has a market cap of $4.13 billion, a PE ratio of 24.70, a P/E/G ratio of 1.49 and a beta of 0.72.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings data on Thursday, January 31st. The textile maker reported $6.59 earnings per share for the quarter, beating the Zacks’ consensus estimate of $5.31 by $1.28. Deckers Outdoor had a return on equity of 27.09% and a net margin of 12.87%. The firm had revenue of $873.80 million for the quarter, compared to analysts’ expectations of $826.90 million. During the same period in the previous year, the firm earned $4.97 EPS. As a group, equities analysts forecast that Deckers Outdoor Corp will post 7.96 earnings per share for the current fiscal year.

Several research analysts have issued reports on the company. Susquehanna Bancshares reissued a “neutral” rating and issued a $161.00 target price (up from $150.00) on shares of Deckers Outdoor in a research report on Wednesday, February 27th. Robert W. Baird raised their target price on Deckers Outdoor from $125.00 to $145.00 and gave the stock a “neutral” rating in a research report on Monday, February 4th. Jefferies Financial Group set a $132.00 target price on Deckers Outdoor and gave the stock a “hold” rating in a research report on Saturday, February 2nd. ValuEngine raised Deckers Outdoor from a “hold” rating to a “buy” rating in a research report on Saturday, February 2nd. Finally, Bank of America reissued a “neutral” rating and issued a $150.00 target price (up from $134.00) on shares of Deckers Outdoor in a research report on Friday, February 1st. Fourteen equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $129.40.

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Deckers Outdoor Company 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.

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

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