Deutsche Bank AG Buys 179,485 Shares of Deckers Outdoor Co. (NYSE:DECK)

Deutsche Bank AG grew its position in Deckers Outdoor Co. (NYSE:DECK - Free Report) by 19.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,114,739 shares of the textile maker's stock after purchasing an additional 179,485 shares during the period. Deutsche Bank AG owned approximately 0.73% of Deckers Outdoor worth $226,392,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Resonant Capital Advisors LLC grew its position in Deckers Outdoor by 2.2% in the fourth quarter. Resonant Capital Advisors LLC now owns 2,408 shares of the textile maker's stock worth $489,000 after buying an additional 52 shares during the last quarter. Bleakley Financial Group LLC lifted its holdings in shares of Deckers Outdoor by 3.9% during the fourth quarter. Bleakley Financial Group LLC now owns 1,444 shares of the textile maker's stock valued at $293,000 after purchasing an additional 54 shares during the last quarter. Mather Group LLC. lifted its holdings in shares of Deckers Outdoor by 2.6% during the fourth quarter. Mather Group LLC. now owns 2,567 shares of the textile maker's stock valued at $521,000 after purchasing an additional 64 shares during the last quarter. Prosperity Wealth Management Inc. raised its holdings in Deckers Outdoor by 2.8% during the 4th quarter. Prosperity Wealth Management Inc. now owns 2,777 shares of the textile maker's stock worth $564,000 after buying an additional 75 shares during the period. Finally, WD Rutherford LLC raised its holdings in Deckers Outdoor by 4.8% during the 4th quarter. WD Rutherford LLC now owns 1,735 shares of the textile maker's stock worth $352,000 after buying an additional 79 shares during the period. 97.79% of the stock is owned by institutional investors.

Deckers Outdoor Trading Up 2.6%

Shares of DECK stock traded up $3.30 on Tuesday, hitting $129.38. 2,950,178 shares of the stock were exchanged, compared to its average volume of 2,425,984. The business has a 50-day moving average of $113.98 and a 200 day moving average of $160.56. Deckers Outdoor Co. has a fifty-two week low of $93.72 and a fifty-two week high of $223.98. The firm has a market capitalization of $19.64 billion, a P/E ratio of 20.97, a price-to-earnings-growth ratio of 1.68 and a beta of 1.11.

Insider Buying and Selling

In other Deckers Outdoor news, Director David Powers sold 25,000 shares of the company's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $138.84, for a total transaction of $3,471,000.00. Following the sale, the director now directly owns 241,777 shares of the company's stock, valued at approximately $33,568,318.68. This represents a 9.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $134.48, for a total value of $40,344.00. Following the transaction, the director now owns 10,388 shares of the company's stock, valued at $1,396,978.24. The trade was a 2.81% decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

DECK has been the subject of a number of recent analyst reports. KeyCorp decreased their price objective on shares of Deckers Outdoor from $230.00 to $150.00 and set an "overweight" rating for the company in a research note on Tuesday, April 29th. Citigroup decreased their target price on Deckers Outdoor from $215.00 to $150.00 and set a "buy" rating for the company in a research report on Monday, April 28th. Stifel Nicolaus dropped their price target on Deckers Outdoor from $185.00 to $127.00 and set a "hold" rating on the stock in a research report on Thursday, April 10th. Raymond James raised Deckers Outdoor from an "outperform" rating to a "strong-buy" rating and reduced their price objective for the stock from $235.00 to $150.00 in a research note on Thursday, April 10th. Finally, Guggenheim reaffirmed a "neutral" rating on shares of Deckers Outdoor in a research note on Friday, January 31st. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $161.89.

Deckers Outdoor Profile

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.