Ensign Peak Advisors Inc Sells 13,982 Shares of Deckers Outdoor Co. (NYSE:DECK)

Ensign Peak Advisors Inc reduced its position in shares of Deckers Outdoor Co. (NYSE:DECK - Free Report) by 17.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 67,496 shares of the textile maker's stock after selling 13,982 shares during the quarter. Ensign Peak Advisors Inc's holdings in Deckers Outdoor were worth $13,708,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Ethic Inc. lifted its holdings in Deckers Outdoor by 637.9% in the fourth quarter. Ethic Inc. now owns 22,211 shares of the textile maker's stock valued at $4,511,000 after buying an additional 19,201 shares during the period. Ewing Morris & Co. Investment Partners Ltd. acquired a new position in shares of Deckers Outdoor in the 4th quarter valued at $477,000. FORA Capital LLC bought a new position in shares of Deckers Outdoor in the 4th quarter worth $3,055,000. Clark Capital Management Group Inc. grew its stake in shares of Deckers Outdoor by 2,155.1% during the fourth quarter. Clark Capital Management Group Inc. now owns 255,837 shares of the textile maker's stock worth $51,958,000 after purchasing an additional 244,492 shares during the period. Finally, Deutsche Bank AG increased its holdings in Deckers Outdoor by 19.2% in the fourth quarter. Deutsche Bank AG now owns 1,114,739 shares of the textile maker's stock valued at $226,392,000 after purchasing an additional 179,485 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Deckers Outdoor

In related news, Director David Powers sold 25,000 shares of the business's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $138.84, for a total transaction of $3,471,000.00. Following the transaction, the director now directly owns 241,777 shares of the company's stock, valued at approximately $33,568,318.68. The trade was a 9.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of the firm's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $134.48, for a total value of $40,344.00. Following the sale, the director now directly owns 10,388 shares of the company's stock, valued at $1,396,978.24. This represents a 2.81% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.40% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Wells Fargo & Company boosted their target price on Deckers Outdoor from $115.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Wednesday. Telsey Advisory Group restated an "outperform" rating and set a $240.00 price objective on shares of Deckers Outdoor in a report on Friday, January 31st. Citigroup reduced their price target on shares of Deckers Outdoor from $215.00 to $150.00 and set a "buy" rating on the stock in a research report on Monday, April 28th. KeyCorp dropped their price objective on Deckers Outdoor from $230.00 to $150.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 29th. Finally, Jefferies Financial Group lifted their price objective on Deckers Outdoor from $180.00 to $200.00 and gave the company a "hold" rating in a report on Tuesday, January 28th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Deckers Outdoor presently has an average rating of "Moderate Buy" and an average target price of $162.16.

Deckers Outdoor Stock Down 0.4%

Shares of NYSE DECK traded down $0.45 during trading hours on Thursday, hitting $126.91. The company had a trading volume of 2,255,008 shares, compared to its average volume of 2,428,316. The stock has a market capitalization of $19.26 billion, a P/E ratio of 20.57, a price-to-earnings-growth ratio of 1.68 and a beta of 1.11. Deckers Outdoor Co. has a 1-year low of $93.72 and a 1-year high of $223.98. The firm's 50 day moving average is $113.93 and its 200-day moving average is $160.11.

About Deckers Outdoor

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.