Jefferies Financial Group Inc. Has $997,000 Holdings in Deckers Outdoor Corporation $DECK

Jefferies Financial Group Inc. lessened its holdings in Deckers Outdoor Corporation (NYSE:DECK) by 47.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,614 shares of the textile maker’s stock after selling 8,719 shares during the period. Jefferies Financial Group Inc.’s holdings in Deckers Outdoor were worth $997,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Rakuten Securities Inc. grew its position in Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after purchasing an additional 100 shares in the last quarter. Perennial Investment Advisors LLC grew its position in Deckers Outdoor by 5.4% in the 3rd quarter. Perennial Investment Advisors LLC now owns 2,709 shares of the textile maker’s stock worth $275,000 after purchasing an additional 138 shares in the last quarter. BOKF NA grew its position in Deckers Outdoor by 0.9% in the 3rd quarter. BOKF NA now owns 17,412 shares of the textile maker’s stock worth $1,765,000 after purchasing an additional 150 shares in the last quarter. Ritholtz Wealth Management grew its position in Deckers Outdoor by 7.3% in the 4th quarter. Ritholtz Wealth Management now owns 2,232 shares of the textile maker’s stock worth $231,000 after purchasing an additional 152 shares in the last quarter. Finally, Salomon & Ludwin LLC grew its position in Deckers Outdoor by 51.8% in the 4th quarter. Salomon & Ludwin LLC now owns 463 shares of the textile maker’s stock worth $50,000 after purchasing an additional 158 shares in the last quarter. 97.79% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on DECK shares. Wells Fargo & Company downgraded shares of Deckers Outdoor from an “equal weight” rating to an “underweight” rating and reduced their price objective for the stock from $115.00 to $90.00 in a research report on Friday, May 8th. Telsey Advisory Group set a $113.00 price objective on shares of Deckers Outdoor in a research report on Friday, May 22nd. KeyCorp reaffirmed a “sector weight” rating on shares of Deckers Outdoor in a research report on Friday, May 22nd. Piper Sandler raised shares of Deckers Outdoor from an “underweight” rating to a “neutral” rating and upped their price objective for the stock from $95.00 to $100.00 in a research report on Monday, May 18th. Finally, Raymond James Financial downgraded shares of Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price objective for the company. in a research report on Thursday, April 23rd. Nine equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Deckers Outdoor presently has a consensus rating of “Hold” and an average price target of $120.50.

Deckers Outdoor Stock Down 0.1%

Deckers Outdoor stock opened at $114.24 on Friday. The company has a market capitalization of $15.87 billion, a P/E ratio of 16.23, a P/E/G ratio of 2.27 and a beta of 1.14. The firm has a 50 day moving average price of $102.97 and a 200-day moving average price of $102.66. Deckers Outdoor Corporation has a twelve month low of $78.91 and a twelve month high of $126.50.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.15. The company had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. Deckers Outdoor’s revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.00 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. Equities analysts expect that Deckers Outdoor Corporation will post 7.41 EPS for the current fiscal year.

About Deckers Outdoor

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.