Trillium Asset Management LLC increased its holdings in Deckers Outdoor Corporation by 28.1%, according to a recent filing. The asset management firm now owns 188,486 shares, valued at approximately $19.4 million. This move comes after Deckers reported a 9.1% year-over-year revenue increase to $1.43 billion in its latest quarterly report. The increased investment from Trillium follows a period of mixed analyst sentiment for Deckers, which holds a consensus "Moderate Buy" rating. Several other institutional investors had also increased their positions in previous quarters. On the market, Deckers' stock was recently reported to be down 1.9%.
Deckers Outdoor Sees Increased Investment from Trillium Asset Management
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