PFA Pension Forsikringsaktieselskab Acquires New Stake in Deckers Outdoor Corporation $DECK

Key Points

• PFA Pension acquired 282,170 shares of Deckers Outdoor in Q4 (≈$29.6M), joining other large moves such as Viking Global’s new ~$175M stake; institutional investors now own about 97.79% of the company.
• Deckers topped expectations with Q4 results — $3.33 EPS vs $2.77 expected and $1.96B revenue vs $1.87B — prompting several firms to raise price targets (e.g., Stifel to $140, UBS to $161), though the consensus rating remains a Hold with an average target of $126.35.
• The stock trades with a market cap of $14.31B and a P/E of 14.23 (50-day/200-day SMAs ~$106.10/$101.23, 1-year range $78.91–$133.43), while insiders have trimmed positions recently — 9,092 shares sold in the past 90 days (insiders own ~0.40%).

PFA Pension Forsikringsaktieselskab acquired a new stake in Deckers Outdoor Corporation (NYSE:DECK - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 282,170 shares of the textile maker's stock, valued at approximately $29,636,000. PFA Pension Forsikringsaktieselskab owned 0.19% of Deckers Outdoor at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Viking Global Investors LP purchased a new stake in shares of Deckers Outdoor in the 3rd quarter valued at $175,058,000. Northern Trust Corp raised its holdings in shares of Deckers Outdoor by 3.6% in the 3rd quarter. Northern Trust Corp now owns 1,721,542 shares of the textile maker's stock valued at $174,513,000 after buying an additional 60,029 shares during the period. Wellington Management Group LLP increased its holdings in Deckers Outdoor by 12.9% during the 3rd quarter. Wellington Management Group LLP now owns 1,445,580 shares of the textile maker's stock worth $146,538,000 after purchasing an additional 165,384 shares during the period. Jacobs Levy Equity Management Inc. increased its holdings in Deckers Outdoor by 29.9% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,442,771 shares of the textile maker's stock worth $146,254,000 after purchasing an additional 331,794 shares during the period. Finally, TD Asset Management Inc increased its holdings in Deckers Outdoor by 9.2% during the 3rd quarter. TD Asset Management Inc now owns 1,378,343 shares of the textile maker's stock worth $139,723,000 after purchasing an additional 116,310 shares during the period. Hedge funds and other institutional investors own 97.79% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Stifel Nicolaus upped their price target on Deckers Outdoor from $117.00 to $140.00 and gave the stock a "buy" rating in a report on Friday, January 30th. Robert W. Baird downgraded Deckers Outdoor from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 7th. Citigroup restated a "buy" rating and set a $130.00 price target (up from $120.00) on shares of Deckers Outdoor in a report on Thursday, January 15th. UBS Group restated a "buy" rating and set a $161.00 price target (up from $157.00) on shares of Deckers Outdoor in a report on Friday, January 30th. Finally, Wells Fargo & Company set a $115.00 price target on Deckers Outdoor and gave the stock an "equal weight" rating in a report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Deckers Outdoor presently has a consensus rating of "Hold" and an average price target of $126.35.

Deckers Outdoor Stock Performance

NYSE:DECK opened at $100.78 on Monday. The stock has a 50-day simple moving average of $106.10 and a 200-day simple moving average of $101.23. The stock has a market cap of $14.31 billion, a P/E ratio of 14.23, a P/E/G ratio of 2.16 and a beta of 1.14. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $133.43.

Deckers Outdoor (NYSE:DECK - Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The textile maker reported $3.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.77 by $0.56. The business had revenue of $1.96 billion during the quarter, compared to analysts' expectations of $1.87 billion. Deckers Outdoor had a return on equity of 41.60% and a net margin of 19.46%.The business's quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.00 EPS. On average, equities research analysts predict that Deckers Outdoor Corporation will post 6.87 EPS for the current year.

Insider Transactions at Deckers Outdoor

In other news, Director Lauri M. Shanahan sold 4,682 shares of the company's stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $114.84, for a total transaction of $537,680.88. Following the completion of the transaction, the director directly owned 25,026 shares of the company's stock, valued at approximately $2,873,985.84. This represents a 15.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Robin Spring-Green sold 347 shares of the company's stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $113.78, for a total value of $39,481.66. Following the completion of the sale, the insider directly owned 42,461 shares of the company's stock, valued at approximately $4,831,212.58. This trade represents a 0.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 9,092 shares of company stock valued at $1,048,552. 0.40% of the stock is currently owned by corporate insiders.

Deckers Outdoor Profile

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company's product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.

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