Epoch Investment Partners Inc. Sells 791 Shares of Deckers Outdoor Co. (NYSE:DECK)

Epoch Investment Partners Inc. decreased its stake in Deckers Outdoor Co. (NYSE:DECKGet Rating) by 0.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 98,679 shares of the textile maker’s stock after selling 791 shares during the period. Epoch Investment Partners Inc. owned about 0.36% of Deckers Outdoor worth $36,147,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of DECK. Allspring Global Investments Holdings LLC bought a new position in shares of Deckers Outdoor in the 4th quarter worth $120,708,000. Neuberger Berman Group LLC bought a new position in shares of Deckers Outdoor in the 3rd quarter worth $93,376,000. American Century Companies Inc. increased its holdings in shares of Deckers Outdoor by 56.5% in the 4th quarter. American Century Companies Inc. now owns 571,017 shares of the textile maker’s stock worth $209,169,000 after buying an additional 206,161 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Deckers Outdoor by 56.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 471,786 shares of the textile maker’s stock valued at $169,937,000 after purchasing an additional 170,466 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Deckers Outdoor by 94.1% in the 3rd quarter. Invesco Ltd. now owns 249,656 shares of the textile maker’s stock valued at $89,927,000 after purchasing an additional 121,059 shares in the last quarter. 96.81% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Deckers Outdoor stock opened at $255.28 on Friday. The company has a 50-day moving average of $266.54 and a 200 day moving average of $318.48. The firm has a market cap of $6.95 billion, a price-to-earnings ratio of 15.66 and a beta of 0.84. Deckers Outdoor Co. has a 1 year low of $212.93 and a 1 year high of $451.49.

Deckers Outdoor (NYSE:DECKGet Rating) last released its quarterly earnings data on Thursday, May 19th. The textile maker reported $2.51 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $1.19. The business had revenue of $736.00 million during the quarter, compared to analyst estimates of $639.81 million. Deckers Outdoor had a net margin of 14.35% and a return on equity of 30.49%. Deckers Outdoor’s revenue was up 31.1% compared to the same quarter last year. During the same period last year, the business earned $1.18 EPS. Equities analysts anticipate that Deckers Outdoor Co. will post 17.54 EPS for the current fiscal year.

A number of equities research analysts have recently issued reports on DECK shares. BTIG Research upped their price objective on shares of Deckers Outdoor from $480.00 to $487.00 and gave the company a “buy” rating in a research note on Friday, February 4th. Robert W. Baird cut their price objective on shares of Deckers Outdoor from $525.00 to $375.00 and set an “outperform” rating for the company in a research note on Friday. Cowen increased their price target on shares of Deckers Outdoor from $358.00 to $407.00 and gave the company an “outperform” rating in a research report on Friday. Telsey Advisory Group dropped their price target on shares of Deckers Outdoor from $450.00 to $400.00 and set an “outperform” rating for the company in a research report on Friday. Finally, Cowen increased their price target on shares of Deckers Outdoor from $358.00 to $407.00 in a research report on Friday. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $409.45.

About Deckers Outdoor (Get Rating)

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities. The company offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and relaxed casual shoes and sandals under the Sanuk brand name.

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

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