Baader Bank Aktiengesellschaft Acquires Shares of 7,082 Deckers Outdoor Corporation $DECK

Baader Bank Aktiengesellschaft purchased a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 7,082 shares of the textile maker’s stock, valued at approximately $708,000.

Several other large investors have also bought and sold shares of DECK. Costello Asset Management INC boosted its stake in shares of Deckers Outdoor by 14.3% in the 1st quarter. Costello Asset Management INC now owns 800 shares of the textile maker’s stock valued at $80,000 after purchasing an additional 100 shares in the last quarter. Rakuten Securities Inc. increased its position in Deckers Outdoor by 45.5% during 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. Hilton Head Capital Partners LLC lifted its stake in Deckers Outdoor by 29.8% in the 1st 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 last quarter. GW Henssler & Associates Ltd. boosted its position in Deckers Outdoor by 5.8% in the fourth quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock valued at $224,000 after buying an additional 118 shares in the last quarter. Finally, Resonant Capital Advisors LLC grew its stake in shares of Deckers Outdoor by 3.4% during the first quarter. Resonant Capital Advisors LLC now owns 4,250 shares of the textile maker’s stock worth $425,000 after buying an additional 138 shares during the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Deckers Outdoor Stock Down 0.6%

Shares of NYSE DECK opened at $103.42 on Wednesday. The firm has a market cap of $14.36 billion, a PE ratio of 14.69, a P/E/G ratio of 2.05 and a beta of 1.17. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $126.50. The company’s fifty day simple moving average is $105.88 and its 200 day simple moving average is $106.19.

Deckers Outdoor (NYSE:DECK) last issued its earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.15. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period in the prior year, the firm earned $1.00 earnings per share. Deckers Outdoor’s revenue for the quarter was up 9.5% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, equities analysts predict that Deckers Outdoor Corporation will post 7.46 earnings per share for the current year.

Analysts Set New Price Targets

DECK has been the subject of a number of recent research reports. KeyCorp reaffirmed a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, May 22nd. Wells Fargo & Company cut Deckers Outdoor from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $115.00 to $90.00 in a report on Friday, May 8th. 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 research note on Friday, May 22nd. Raymond James Financial lowered 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 report on Thursday, April 23rd. Finally, Argus set a $128.00 target price on shares of Deckers Outdoor in a research report on Friday, May 29th. Nine analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $121.11.

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.