Several investment management firms, like Lecap Asset Management and Illinois Municipal Retirement Fund, have increased their holdings in Deckers Outdoor Corporation (DECK). The company has attracted significant investor attention and numerous stocks have been acquired by organizations such as the Board of the Pension Protection Fund and Exchange Traded Concepts LLC. At the same time, companies like Jag Capital Management, Retirement Systems of Alabama and Conway Capital Management have reduced or sold their DECK shares.
While DECK surpassed market returns, the value of its stocks has faced a decline recently, despite posting a record revenue. The company faces margin pressures and tariff-related headwinds, which Evercore ISI and Telsey Advisory Group highlighted when they downgraded DECK stocks. On the other hand, UBS analysts upheld a Buy rating on Deckers Outdoor.
Deckers has fulfilled targets like reaching a $5B revenue milestone and planning a $2.5B buyback plan, but it hasn't issued an outlook on financial performance due to tariff pressure. Even though DECK has been among S&P 500's worst performers recently, investment experts like Jim Cramer and organizations like North Star Group and Patton Fund Management showed an interest in its shares after the decline.
Deckers Outdoor Corp DECK News Analytics from Mon, 16 Sep 2024 07:00:00 GMT to Sat, 28 Jun 2025 22:54:46 GMT - Rating -3 - Innovation 2 - Information 7 - Rumor -5
