Sawgrass Asset Management LLC Acquires 2,465 Shares of Deckers Outdoor Corp (DECK)

Sawgrass Asset Management LLC boosted its holdings in Deckers Outdoor Corp (NYSE:DECK) by 133.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,310 shares of the textile maker’s stock after buying an additional 2,465 shares during the quarter. Sawgrass Asset Management LLC’s holdings in Deckers Outdoor were worth $634,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Louisiana State Employees Retirement System grew its position in Deckers Outdoor by 1.3% in the first quarter. Louisiana State Employees Retirement System now owns 7,800 shares of the textile maker’s stock worth $1,147,000 after buying an additional 100 shares during the last quarter. Thrivent Financial for Lutherans grew its position in Deckers Outdoor by 1.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 7,461 shares of the textile maker’s stock worth $955,000 after buying an additional 121 shares during the last quarter. Lavaca Capital LLC grew its position in Deckers Outdoor by 16.2% in the first quarter. Lavaca Capital LLC now owns 906 shares of the textile maker’s stock worth $133,000 after buying an additional 126 shares during the last quarter. Wedbush Securities Inc. grew its position in Deckers Outdoor by 7.7% in the first quarter. Wedbush Securities Inc. now owns 1,783 shares of the textile maker’s stock worth $262,000 after buying an additional 127 shares during the last quarter. Finally, Texas Permanent School Fund grew its position in Deckers Outdoor by 0.7% in the fourth quarter. Texas Permanent School Fund now owns 19,057 shares of the textile maker’s stock worth $2,438,000 after buying an additional 134 shares during the last quarter.

NYSE DECK opened at $142.61 on Friday. Deckers Outdoor Corp has a twelve month low of $100.46 and a twelve month high of $159.75. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.19 and a current ratio of 3.06. The company has a market cap of $4.21 billion, a price-to-earnings ratio of 24.84, a PEG ratio of 1.81 and a beta of 0.74.

Several research analysts have issued reports on DECK shares. ValuEngine upgraded shares of Deckers Outdoor from a “hold” rating to a “buy” rating in a research report on Monday, April 15th. Jefferies Financial Group set a $132.00 price target on shares of Deckers Outdoor and gave the stock a “hold” rating in a research report on Saturday, February 2nd. Canaccord Genuity set a $143.00 price target on shares of Deckers Outdoor and gave the stock a “buy” rating in a research report on Friday, January 18th. Wells Fargo & Co started coverage on shares of Deckers Outdoor in a research report on Tuesday, April 23rd. They issued a “market perform” rating and a $163.00 price target on the stock. Finally, Zacks Investment Research lowered shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 3rd. Fourteen analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Deckers Outdoor currently has an average rating of “Hold” and a consensus target price of $132.00.

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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.

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

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