Deckers Outdoor Corporation $DECK Shares Newly Bought by Curated Wealth Partners LLC

by · The Cerbat Gem

Curated Wealth Partners LLC acquired a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,736 shares of the textile maker’s stock, valued at approximately $604,000.

A number of other hedge funds have also recently modified their holdings of the stock. Orion Capital Management LLC purchased a new position in Deckers Outdoor in the second quarter valued at $30,000. Continuum Advisory LLC acquired a new position in shares of Deckers Outdoor in the 2nd quarter valued at $38,000. Hilton Head Capital Partners LLC raised its position in Deckers Outdoor by 29.8% in the first quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock valued at $44,000 after purchasing an additional 101 shares during the period. Toth Financial Advisory Corp grew its holdings in shares of Deckers Outdoor by 785.7% in the third quarter. Toth Financial Advisory Corp now owns 620 shares of the textile maker’s stock valued at $48,000 after purchasing an additional 550 shares in the last quarter. Finally, Westfuller Advisors LLC boosted its stake in shares of Deckers Outdoor by 28,000.0% in the 1st quarter. Westfuller Advisors LLC now owns 562 shares of the textile maker’s stock valued at $56,000 after buying an additional 560 shares during the period. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Price Performance

Shares of DECK opened at $85.50 on Friday. Deckers Outdoor Corporation has a 12-month low of $77.20 and a 12-month high of $122.29. The stock has a market capitalization of $11.65 billion, a P/E ratio of 12.13, a P/E/G ratio of 1.34 and a beta of 1.12. The firm’s 50 day moving average is $84.27 and its 200-day moving average is $97.35.

Deckers Outdoor (NYSE:DECK – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.06. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.02 billion. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%. Deckers Outdoor’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.93 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. As a group, equities research analysts forecast that Deckers Outdoor Corporation will post 7.50 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Telsey Advisory Group reissued a “market perform” rating and set a $105.00 price objective on shares of Deckers Outdoor in a report on Thursday. Needham & Company LLC reduced their price objective on Deckers Outdoor from $138.00 to $125.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Barclays set a $133.00 price objective on shares of Deckers Outdoor and gave the stock an “overweight” rating in a report on Friday, July 24th. BMO Capital Markets assumed coverage on shares of Deckers Outdoor in a research note on Tuesday, September 8th. They issued an “underperform” rating and a $70.00 target price on the stock. Finally, Raymond James Financial set a $105.00 price target on Deckers Outdoor and gave the stock an “outperform” rating in a research note on Friday. Nine investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $111.84.

Check Out Our Latest Stock Analysis on DECK

Deckers Outdoor Company Profile

(Free Report)

Deckers Outdoor Corporation, doing business as Deckers Brands, is a global footwear, apparel and accessories company. Its portfolio includes UGG, known for sheepskin and casual lifestyle products; HOKA, which develops performance running and outdoor footwear; and Teva, which offers outdoor and adventure sandals and footwear. The company also markets Koolaburra by UGG and other product lines.

Deckers sells its products through company-owned retail stores, e-commerce websites, wholesale accounts and selected distributors.

See Also

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