BLI Banque de Luxembourg Investments Has $189,000 Holdings in Deckers Outdoor Corporation $DECK

BLI Banque de Luxembourg Investments lessened its stake in Deckers Outdoor Corporation (NYSE:DECK) by 92.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,800 shares of the textile maker’s stock after selling 22,500 shares during the quarter. BLI Banque de Luxembourg Investments’ holdings in Deckers Outdoor were worth $189,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in DECK. Revolve Wealth Partners LLC acquired a new stake in shares of Deckers Outdoor in the 4th quarter valued at approximately $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Deckers Outdoor by 3.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,614 shares of the textile maker’s stock valued at $1,858,000 after buying an additional 522 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Deckers Outdoor by 165.6% in the 1st quarter. Empowered Funds LLC now owns 10,239 shares of the textile maker’s stock valued at $1,145,000 after buying an additional 6,384 shares during the last quarter. Focus Partners Wealth boosted its holdings in shares of Deckers Outdoor by 8.1% in the 1st quarter. Focus Partners Wealth now owns 6,914 shares of the textile maker’s stock valued at $773,000 after buying an additional 521 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings in shares of Deckers Outdoor by 163.2% in the 2nd quarter. Marshall Wace LLP now owns 10,306 shares of the textile maker’s stock valued at $1,062,000 after buying an additional 6,391 shares during the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Price Performance

Shares of Deckers Outdoor stock opened at $112.66 on Wednesday. The business has a fifty day simple moving average of $104.59 and a two-hundred day simple moving average of $104.22. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $126.50. The company has a market capitalization of $15.65 billion, a price-to-earnings ratio of 16.00, a P/E/G ratio of 2.17 and a beta of 1.16.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.15. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The company’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.00 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, equities analysts anticipate that Deckers Outdoor Corporation will post 7.44 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. KeyCorp reissued a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, May 22nd. UBS Group increased their price objective on Deckers Outdoor from $145.00 to $161.00 and gave the company a “buy” rating in a report on Friday, May 22nd. KGI Securities downgraded Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price objective for the company. in a report on Friday, May 22nd. Sanford C. Bernstein reissued a “market perform” rating and issued a $105.00 price objective on shares of Deckers Outdoor in a report on Friday, May 22nd. Finally, Telsey Advisory Group set a $113.00 price target on Deckers Outdoor in a report on Friday, May 22nd. Nine equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $121.11.

Deckers Outdoor Profile

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.