Smith Asset Management Group LP Stake in Deckers Outdoor Corp (DECK) Upped as Market Value Declined

Deckers Outdoor Corporation (NYSE:DECK) LogoInvestors sentiment increased to 1.22 in Q1 2019. Its up 0.24, from 0.98 in 2018Q4. It is positive, as 22 investors sold DECK shares while 98 reduced holdings. 62 funds opened positions while 84 raised stakes. 30.46 million shares or 2.83% less from 31.35 million shares in 2018Q4 were reported. Hanseatic Mgmt Inc holds 0.33% of its portfolio in Deckers Outdoor Corporation (NYSE:DECK) for 2,129 shares. Robeco Institutional Asset Bv reported 0.01% in Deckers Outdoor Corporation (NYSE:DECK). New York-based Amalgamated Savings Bank has invested 0.02% in Deckers Outdoor Corporation (NYSE:DECK). Qs Investors Limited Liability Company has 81,085 shares for 0.13% of their portfolio. Origin Asset Mngmt Llp reported 3,723 shares stake. Contravisory Investment Management has invested 0.1% of its portfolio in Deckers Outdoor Corporation (NYSE:DECK). Proshare Advsrs Limited Liability Corporation has 5,654 shares for 0% of their portfolio. 13,815 were accumulated by Bnp Paribas Arbitrage. Barrow Hanley Mewhinney & Strauss invested in 28,427 shares or 0.01% of the stock. Schroder Inv Gp holds 16,299 shares. Bowling Portfolio Management Llc owns 0.33% invested in Deckers Outdoor Corporation (NYSE:DECK) for 14,041 shares. Highstreet Asset Mgmt owns 0% invested in Deckers Outdoor Corporation (NYSE:DECK) for 21 shares. Wolverine Asset Management Ltd Liability invested 0.02% of its portfolio in Deckers Outdoor Corporation (NYSE:DECK). Ontario Teachers Pension Plan Board has 30,399 shares. Pinnacle Partners holds 2,009 shares.

Smith Asset Management Group Lp increased its stake in Deckers Outdoor Corp (DECK) by 760.63% based on its latest 2019Q1 regulatory filing with the SEC. Smith Asset Management Group Lp bought 188,081 shares as the company’s stock declined 0.18% . The hedge fund held 212,808 shares of the shoe manufacturing company at the end of 2019Q1, valued at $31.28 million, up from 24,727 at the end of the previous reported quarter. Smith Asset Management Group Lp who had been investing in Deckers Outdoor Corp for a number of months, seems to be bullish on the $3.84 billion market cap company. The stock decreased 3.24% or $4.45 during the last trading session, reaching $132.94. About 683,531 shares traded or 26.74% up from the average. Deckers Outdoor Corporation (NYSE:DECK) has risen 41.07% since August 15, 2018 and is uptrending. It has outperformed by 41.07% the S&P500.

Smith Asset Management Group Lp, which manages about $2.91 billion and $3.09 billion US Long portfolio, decreased its stake in Lilly (Eli) & Co (NYSE:LLY) by 309,172 shares to 362,109 shares, valued at $46.98M in 2019Q1, according to the filing. It also reduced its holding in Costco Wholesale Corp (NASDAQ:COST) by 90,710 shares in the quarter, leaving it with 101,377 shares, and cut its stake in Adobe Inc (NASDAQ:ADBE).

More notable recent Deckers Outdoor Corporation (NYSE:DECK) news were published by: Finance.Yahoo.com which released: “Here’s Why I Think Deckers Outdoor (NYSE:DECK) Is An Interesting Stock – Yahoo Finance” on May 16, 2019, also Finance.Yahoo.com with their article: “Should You Be Excited About Deckers Outdoor Corporation’s (NYSE:DECK) 25% Return On Equity? – Yahoo Finance” published on July 22, 2019, Seekingalpha.com published: “Decker Outdoors Is Likely Fully Valued – Seeking Alpha” on April 26, 2019. More interesting news about Deckers Outdoor Corporation (NYSE:DECK) were released by: Finance.Yahoo.com and their article: “Deckers Outdoor Corp (DECK) Q1 2020 Earnings Call Transcript – Yahoo Finance” published on July 26, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is Deckers Outdoor Corp (DECK) A Good Stock To Buy ? – Yahoo Finance” with publication date: April 26, 2019.

Deckers Outdoor Corporation (NYSE:DECK) Ratings Coverage

Among 2 analysts covering Deckers Outdoor (NYSE:DECK), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Deckers Outdoor has $188 highest and $16900 lowest target. $178.50’s average target is 34.27% above currents $132.94 stock price. Deckers Outdoor had 9 analyst reports since February 23, 2019 according to SRatingsIntel. Canaccord Genuity maintained the shares of DECK in report on Friday, May 24 with “Buy” rating. The rating was upgraded by Susquehanna to “Positive” on Tuesday, May 14.

Deckers Outdoor Corporation (NYSE:DECK) Institutional Positions Chart

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