Smith Asset Management Group LP Increases Position in Deckers Outdoor Corp (DECK)

Deckers Outdoor Corporation (NYSE:DECK) LogoInvestors sentiment increased to 1.22 in Q1 2019. Its up 0.24, from 0.98 in 2018Q4. It increased, 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. Atria Invs Ltd Limited Liability Company holds 2,720 shares. Legg Mason Asset Management (Japan) reported 5,700 shares. Brandywine Global Invest Mngmt Lc holds 0% or 3,012 shares. Kbc Grp Nv has invested 0.09% in Deckers Outdoor Corporation (NYSE:DECK). Glenmede Trust Na reported 163 shares stake. 53,054 were accumulated by Wells Fargo And Mn. Los Angeles Cap Management Equity Rech invested in 18,222 shares. Palisade Capital Mgmt Ltd Liability Co Nj stated it has 111,914 shares. Pnc Svcs Gru Inc owns 0% invested in Deckers Outdoor Corporation (NYSE:DECK) for 24,353 shares. Merian (Uk) Limited owns 783,849 shares. Oberweis Asset has 1.33% invested in Deckers Outdoor Corporation (NYSE:DECK) for 45,210 shares. The Massachusetts-based Panagora Asset Management Inc has invested 0.09% in Deckers Outdoor Corporation (NYSE:DECK). 5 are owned by Valley National Advisers. Ontario Teachers Pension Plan Board owns 30,399 shares. Strs Ohio owns 11,700 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 Suntrust Banks Inc (NYSE:STI) by 380,353 shares to 16,270 shares, valued at $995,000 in 2019Q1, according to the filing. It also reduced its holding in Cadence Design Systems Inc (NASDAQ:CDNS) by 195,160 shares in the quarter, leaving it with 970,341 shares, and cut its stake in Lilly (Eli) & Co (NYSE:LLY).

More notable recent Deckers Outdoor Corporation (NYSE:DECK) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: Allstate, Corning, DexCom, Lam Research, On Deck, Qualcomm, Spotify, Western Digital, Whiting Petroleum and More – 24/7 Wall St.” on August 01, 2019, also Seekingalpha.com with their article: “Decker Outdoors Is Likely Fully Valued – Seeking Alpha” published on April 26, 2019, Benzinga.com published: “What Caused The Opening Gap In On Deck? – Benzinga” on July 29, 2019. More interesting news about Deckers Outdoor Corporation (NYSE:DECK) were released by: Globenewswire.com and their article: “Trex “Transcends” the Competition in Pro Remodeler Reader Poll – GlobeNewswire” published on August 06, 2019 as well as 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: Alcoa, Chipotle, CrowdStrike, Deckers, Grubhub, Philip Morris, Skechers USA and More – 24/7 Wall St.” with publication date: July 19, 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 Deckers Outdoor Corporation (NYSE:DECK) rating on Friday, May 24. Canaccord Genuity has “Buy” rating and $188 target. Susquehanna upgraded Deckers Outdoor Corporation (NYSE:DECK) rating on Tuesday, May 14. Susquehanna has “Positive” rating and $16900 target.

Deckers Outdoor Corporation (NYSE:DECK) Institutional Positions Chart

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