Stifel May Have Lost Confidence in Deckers Outdoor (NASDAQ:DECK), Downgrades Shares

July 27, 2018 - By Carolyn Hewitt

Deckers Outdoor Corporation (NYSE:DECK) Logo

Investors sentiment increased to 1.24 in 2018 Q1. Its up 0.04, from 1.2 in 2017Q4. It is positive, as 20 investors sold Deckers Outdoor Corporation shares while 87 reduced holdings. 56 funds opened positions while 77 raised stakes. 32.56 million shares or 2.98% less from 33.56 million shares in 2017Q4 were reported.

Chicago Equity Prtnrs Lc accumulated 36,360 shares. Advisory Services Ntwk Ltd stated it has 0% of its portfolio in Deckers Outdoor Corporation (NYSE:DECK). Qs Invsts Ltd Liability reported 0.04% stake. Falcon Point Cap Llc reported 2.05% in Deckers Outdoor Corporation (NYSE:DECK). The Connecticut-based Aqr Capital Mngmt Limited Liability Company has invested 0.09% in Deckers Outdoor Corporation (NYSE:DECK). Massachusetts-based Rhumbline Advisers has invested 0.01% in Deckers Outdoor Corporation (NYSE:DECK). 98,763 are held by Federated Pa. Price T Rowe Md has 0% invested in Deckers Outdoor Corporation (NYSE:DECK) for 4,800 shares. Walleye Trading Lc owns 1,282 shares or 0% of their US portfolio. Susquehanna Group Ltd Liability Partnership has 0% invested in Deckers Outdoor Corporation (NYSE:DECK) for 10,409 shares. Apg Asset Mngmt Nv reported 148,400 shares. Invesco invested in 0.01% or 150,177 shares. Ameritas Invest Ptnrs, a Nebraska-based fund reported 12,115 shares. 2,126 were accumulated by Contravisory Mngmt. Origin Asset Mgmt Limited Liability Partnership reported 4,223 shares.

Since February 2, 2018, it had 0 buys, and 10 sales for $5.04 million activity. $80,234 worth of Deckers Outdoor Corporation (NYSE:DECK) was sold by Lafitte David E. on Friday, February 2. The insider GEORGE THOMAS sold $1.19 million. Another trade for 24,812 shares valued at $2.32 million was made by PERENCHIO JOHN G on Tuesday, February 6. O’Donnell Andrea had sold 2,220 shares worth $208,456 on Tuesday, February 6. Barsa Karyn Odette also sold $101,448 worth of Deckers Outdoor Corporation (NYSE:DECK) on Tuesday, February 6.

Deckers Outdoor (NASDAQ:DECK) Receives a Downgrade

It will be interesting to watch the trading activity for Deckers Outdoor (NASDAQ:DECK) today as Stifel decreased the shares of the stock from a “Buy” rating to a “Hold”. In addition to this downgrade, analysts at Stifel set a $123 PT which is a change of 3.16 %.

The stock increased 0.53% or $0.63 during the last trading session, reaching $119.23. About 896,397 shares traded or 38.61% up from the average. Deckers Outdoor Corporation (NASDAQ:DECK) has risen 89.75% since July 27, 2017 and is uptrending. It has outperformed by 77.18% the S&P500.

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 has market cap of $3.63 billion. It offers premium footwear under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and sidewalk surfers shoe, and yoga mat and beer cozy sandal collections under the Sanuk brand name. It has a 33.3 P/E ratio. The firm also provides running footwear under the Hoka brand name; and fashion casual footwear using sheepskin and other plush materials under the Koolaburra brand.

More news for Deckers Outdoor Corporation (NYSE:DECK) were recently published by: Streetinsider.com, which released: “Deckers Outdoor (DECK) Tops Q1 EPS by 44c, Offers Q2 and FY Guidance” on July 26, 2018. Globenewswire.com‘s article titled: “Report: Exploring Fundamental Drivers Behind Health Insurance Innovations, M/I Homes, Deckers Outdoor, Evertec …” and published on June 28, 2018 is yet another important article.

Deckers Outdoor Corporation (NYSE:DECK) Institutional Positions Chart

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