Deckers Outdoor (DECK) Reaches $104.33 After 7.00% Up Move; Cramer Rosenthal Mcglynn Lowered Its Nasdaq (NDAQ) Holding

May 21, 2018 - By Ellis Scott

Nasdaq, Inc. (NASDAQ:NDAQ) Logo

Cramer Rosenthal Mcglynn Llc decreased Nasdaq Inc (NDAQ) stake by 1.1% reported in 2017Q4 SEC filing. Cramer Rosenthal Mcglynn Llc sold 8,630 shares as Nasdaq Inc (NDAQ)’s stock rose 7.66%. The Cramer Rosenthal Mcglynn Llc holds 775,348 shares with $59.57 million value, down from 783,978 last quarter. Nasdaq Inc now has $15.21B valuation. The stock increased 1.15% or $1.04 during the last trading session, reaching $91.11. About 171,326 shares traded. Nasdaq, Inc. (NASDAQ:NDAQ) has risen 18.71% since May 21, 2017 and is uptrending. It has outperformed by 7.16% the S&P500.

The stock of Deckers Outdoor Corporation (NYSE:DECK) is a huge mover today! The stock increased 2.79% or $2.835 during the last trading session, reaching $104.325. About 575,717 shares traded. Deckers Outdoor Corporation (NYSE:DECK) has risen 61.55% since May 21, 2017 and is uptrending. It has outperformed by 50.00% the S&P500.The move comes after 9 months positive chart setup for the $3.31 billion company. It was reported on May, 21 by Barchart.com. We have $111.63 PT which if reached, will make NYSE:DECK worth $231.98M more.

Among 24 analysts covering Deckers Outdoor (NYSE:DECK), 5 have Buy rating, 3 Sell and 16 Hold. Therefore 21% are positive. Deckers Outdoor had 92 analyst reports since July 31, 2015 according to SRatingsIntel. Canaccord Genuity maintained the shares of DECK in report on Friday, February 3 with “Buy” rating. The firm has “Outperform” rating by Telsey Advisory Group given on Friday, February 3. The firm has “Buy” rating by Citigroup given on Thursday, January 21. On Friday, May 13 the stock rating was downgraded by BB&T Capital to “Underweight”. On Monday, November 30 the stock rating was maintained by Piper Jaffray with “Neutral”. The rating was maintained by Buckingham Research with “Neutral” on Friday, October 27. Susquehanna maintained Deckers Outdoor Corporation (NYSE:DECK) on Friday, May 26 with “Hold” rating. Telsey Advisory Group maintained the shares of DECK in report on Monday, November 2 with “Market Perform” rating. Robert W. Baird maintained Deckers Outdoor Corporation (NYSE:DECK) on Friday, February 2 with “Hold” rating. Stifel Nicolaus maintained Deckers Outdoor Corporation (NYSE:DECK) on Tuesday, June 27 with “Buy” rating.

Analysts await Deckers Outdoor Corporation (NYSE:DECK) to report earnings on May, 24. They expect $0.18 EPS, up 63.64% or $0.07 from last year’s $0.11 per share. DECK’s profit will be $5.72 million for 144.90 P/E if the $0.18 EPS becomes a reality. After $4.97 actual EPS reported by Deckers Outdoor Corporation for the previous quarter, Wall Street now forecasts -96.38% negative EPS growth.

More notable recent Deckers Outdoor Corporation (NYSE:DECK) news were published by: Globenewswire.com which released: “Detailed Research: Economic Perspectives on First American, Greenhill & Co., Acorda Therapeutics, Deckers Outdoor …” on May 15, 2018, also Investorplace.com with their article: “7 Consumer Stocks to Sell Now” published on May 15, 2018, Streetinsider.com published: “Deckers Outdoor (DECK) Appoints William McComb to Board of Directors” on April 30, 2018. More interesting news about Deckers Outdoor Corporation (NYSE:DECK) were released by: Streetinsider.com and their article: “Marcato Capital Shows New Stakes in Astec Industries (ASTE), Univar (UNVR) (more…) – 13f” published on May 15, 2018 as well as Nasdaq.com‘s news article titled: “NetEase Chases Alibaba and JD.com With a “Knockoff Marketplace”” with publication date: April 28, 2018.

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 $3.31 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 43.02 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.

Investors sentiment decreased to 1.2 in 2017 Q4. Its down 0.13, from 1.33 in 2017Q3. It is negative, as 24 investors sold Deckers Outdoor Corporation shares while 76 reduced holdings. 47 funds opened positions while 73 raised stakes. 33.56 million shares or 5.60% more from 31.78 million shares in 2017Q3 were reported. Sei Investments has invested 0.01% in Deckers Outdoor Corporation (NYSE:DECK). Mutual Of America Capital Mngmt Limited Liability Corp holds 0.03% in Deckers Outdoor Corporation (NYSE:DECK) or 26,488 shares. Alliancebernstein Lp reported 1.09M shares stake. Amp Cap Invsts Limited holds 6,932 shares or 0% of its portfolio. Profund Advsrs accumulated 0.01% or 4,631 shares. 1.09M are owned by London Of Virginia. Renaissance Techs Ltd Co invested 0.02% of its portfolio in Deckers Outdoor Corporation (NYSE:DECK). Northwestern Mutual Wealth Mngmt stated it has 193 shares or 0% of all its holdings. Hancock Holdings Co accumulated 13,100 shares. Burgundy Asset Mngmt Limited holds 534,112 shares. Hbk Investments L P has invested 0.06% of its portfolio in Deckers Outdoor Corporation (NYSE:DECK). Assetmark Inc reported 89 shares or 0% of all its holdings. Cubist Systematic Strategies has 5,183 shares. Mason Street Advisors Ltd has invested 0.03% in Deckers Outdoor Corporation (NYSE:DECK). Bogle Mgmt Lp De stated it has 5,400 shares.

Since February 2, 2018, it had 0 insider buys, and 8 sales for $3.78 million activity. 1,085 shares valued at $101,448 were sold by Barsa Karyn Odette on Tuesday, February 6. The insider GEORGE THOMAS sold $712,289. Powers David had sold 2,500 shares worth $238,778. PERENCHIO JOHN G sold $2.32 million worth of stock or 24,812 shares. Lafitte David E. also sold $55,756 worth of Deckers Outdoor Corporation (NYSE:DECK) on Monday, April 9. 2,220 Deckers Outdoor Corporation (NYSE:DECK) shares with value of $208,456 were sold by O’Donnell Andrea.

Cramer Rosenthal Mcglynn Llc increased Mondelez International Inc (NASDAQ:MDLZ) stake by 125,596 shares to 1.33 million valued at $56.77M in 2017Q4. It also upped Houghton Mifflin Harcourt Co (NASDAQ:HMHC) stake by 396,140 shares and now owns 3.09 million shares. Coca (NASDAQ:COKE) was raised too.

Among 19 analysts covering NASDAQ OMX Group (NASDAQ:NDAQ), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. NASDAQ OMX Group had 73 analyst reports since August 9, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21. On Tuesday, January 12 the stock rating was reinitiated by UBS with “Buy”. Deutsche Bank maintained Nasdaq, Inc. (NASDAQ:NDAQ) rating on Friday, October 23. Deutsche Bank has “Buy” rating and $65 target. Jefferies maintained the shares of NDAQ in report on Tuesday, August 22 with “Hold” rating. The stock of Nasdaq, Inc. (NASDAQ:NDAQ) earned “Outperform” rating by Credit Suisse on Thursday, March 10. The stock of Nasdaq, Inc. (NASDAQ:NDAQ) has “Hold” rating given on Thursday, August 17 by Keefe Bruyette & Woods. The company was maintained on Friday, April 1 by Barclays Capital. As per Tuesday, August 11, the company rating was maintained by Barclays Capital. Keefe Bruyette & Woods maintained Nasdaq, Inc. (NASDAQ:NDAQ) on Thursday, September 21 with “Hold” rating. RBC Capital Markets maintained the shares of NDAQ in report on Monday, July 17 with “Hold” rating.

Investors sentiment increased to 1.22 in Q4 2017. Its up 0.07, from 1.15 in 2017Q3. It increased, as 25 investors sold NDAQ shares while 137 reduced holdings. 56 funds opened positions while 141 raised stakes. 119.93 million shares or 0.85% less from 120.96 million shares in 2017Q3 were reported. Gemmer Asset Mgmt Ltd Llc stated it has 0.01% of its portfolio in Nasdaq, Inc. (NASDAQ:NDAQ). Hutchin Hill LP holds 3,800 shares or 0.08% of its portfolio. 35,920 are owned by Natixis. Stevens LP holds 90,442 shares or 0.27% of its portfolio. Assetmark accumulated 0% or 47 shares. Toronto Dominion Bankshares reported 50,145 shares or 0.01% of all its holdings. Engineers Gate Manager Ltd Partnership invested in 0.18% or 34,344 shares. Dimensional Fund Limited Partnership has invested 0.03% in Nasdaq, Inc. (NASDAQ:NDAQ). Balyasny Asset Limited Co invested 0.02% in Nasdaq, Inc. (NASDAQ:NDAQ). Nomura Asset Management Limited owns 17,254 shares for 0.02% of their portfolio. Massmutual Communications Fsb Adv reported 617 shares. 9.04M were accumulated by Blackrock. Dekabank Deutsche Girozentrale holds 0.02% in Nasdaq, Inc. (NASDAQ:NDAQ) or 40,066 shares. Bancorporation owns 0.3% invested in Nasdaq, Inc. (NASDAQ:NDAQ) for 296,675 shares. Dnb Asset Mngmt As reported 11,800 shares stake.

More notable recent Nasdaq, Inc. (NASDAQ:NDAQ) news were published by: Nasdaq.com which released: “Nasdaq (NDAQ) 1st Quarter Earnings: What to Expect” on April 24, 2018, also Nasdaq.com with their article: “Is a Beat in Cards for Nasdaq (NDAQ) This Earnings Season?” published on April 23, 2018, Zacks.com published: “Nasdaq (NDAQ) Beats on Q1 Earnings, Trims Expense Guidance” on April 25, 2018. More interesting news about Nasdaq, Inc. (NASDAQ:NDAQ) were released by: Globenewswire.com and their article: “no 23/18 Risk Parameter Update” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “Nasdaq (NDAQ) Q1 2018 Results – Earnings Call Transcript” with publication date: April 25, 2018.

Analysts await Nasdaq, Inc. (NASDAQ:NDAQ) to report earnings on July, 25. They expect $1.18 EPS, up 15.69% or $0.16 from last year’s $1.02 per share. NDAQ’s profit will be $197.02M for 19.30 P/E if the $1.18 EPS becomes a reality. After $1.24 actual EPS reported by Nasdaq, Inc. for the previous quarter, Wall Street now forecasts -4.84% negative EPS growth.

Since January 12, 2018, it had 0 buys, and 8 sales for $6.54 million activity. The insider Peterson Bradley J sold 19,169 shares worth $1.55 million. The insider Griggs PC Nelson sold 1,000 shares worth $90,850. $326,863 worth of stock was sold by BEGLEY CHARLENE T on Friday, February 2. $520,918 worth of Nasdaq, Inc. (NASDAQ:NDAQ) was sold by Ottersgard Lars. The insider KNIGHT EDWARD S sold 13,200 shares worth $1.05M. 5,776 shares were sold by SIBBERN BJORN, worth $508,926 on Friday, April 27.

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