Gideon Capital Advisors Inc. Buys New Holdings in Deckers Outdoor Corp (DECK)

Gideon Capital Advisors Inc. bought a new position in Deckers Outdoor Corp (NYSE:DECK) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,790 shares of the textile maker’s stock, valued at approximately $357,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. AQR Capital Management LLC boosted its stake in Deckers Outdoor by 37.4% during the third quarter. AQR Capital Management LLC now owns 1,552,467 shares of the textile maker’s stock valued at $184,092,000 after buying an additional 422,981 shares during the last quarter. FMR LLC raised its stake in shares of Deckers Outdoor by 43.7% during the 3rd quarter. FMR LLC now owns 1,010,311 shares of the textile maker’s stock valued at $119,803,000 after buying an additional 306,997 shares during the last quarter. Wedge Capital Management L L P NC purchased a new position in shares of Deckers Outdoor during the 4th quarter valued at about $36,718,000. JPMorgan Chase & Co. raised its stake in shares of Deckers Outdoor by 29.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 582,742 shares of the textile maker’s stock valued at $69,101,000 after buying an additional 133,290 shares during the last quarter. Finally, Allianz Asset Management GmbH raised its stake in shares of Deckers Outdoor by 215.8% during the 3rd quarter. Allianz Asset Management GmbH now owns 113,299 shares of the textile maker’s stock valued at $13,435,000 after buying an additional 77,424 shares during the last quarter.

Shares of Deckers Outdoor stock opened at $142.68 on Friday. The company has a quick ratio of 2.19, a current ratio of 3.06 and a debt-to-equity ratio of 0.03. Deckers Outdoor Corp has a twelve month low of $85.81 and a twelve month high of $153.30. The stock has a market capitalization of $4.15 billion, a P/E ratio of 24.86, a price-to-earnings-growth ratio of 1.49 and a beta of 0.72.



Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, January 31st. The textile maker reported $6.59 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $5.31 by $1.28. Deckers Outdoor had a return on equity of 27.09% and a net margin of 12.87%. The firm had revenue of $873.80 million during the quarter, compared to analyst estimates of $826.90 million. During the same quarter in the previous year, the business earned $4.97 EPS. Analysts forecast that Deckers Outdoor Corp will post 7.96 earnings per share for the current fiscal year.

A number of equities analysts have weighed in on DECK shares. ValuEngine upgraded Deckers Outdoor from a “hold” rating to a “buy” rating in a research note on Saturday, February 2nd. Jefferies Financial Group set a $132.00 price objective on Deckers Outdoor and gave the company a “hold” rating in a research note on Saturday, February 2nd. Canaccord Genuity set a $143.00 price objective on Deckers Outdoor and gave the company a “buy” rating in a research note on Friday, January 18th. Bank of America reiterated a “neutral” rating and set a $150.00 price objective (up previously from $134.00) on shares of Deckers Outdoor in a research note on Friday, February 1st. Finally, Robert W. Baird lifted their price objective on Deckers Outdoor from $125.00 to $145.00 and gave the company a “neutral” rating in a research note on Monday, February 4th. Fourteen analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Deckers Outdoor has a consensus rating of “Hold” and a consensus price target of $129.40.

WARNING: This article was posted by Dakota Financial News and is the sole property of of Dakota Financial News. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://dakotafinancialnews.com/2019/03/15/gideon-capital-advisors-inc-buys-new-holdings-in-deckers-outdoor-corp-deck.html.

About Deckers Outdoor

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

See Also: Short Selling Stocks and Day Traders

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

Receive News & Ratings for Deckers Outdoor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deckers Outdoor and related companies with MarketBeat.com's FREE daily email newsletter.