Vontobel Holding Ltd. Has $2.07 Million Stock Holdings in Deckers Outdoor Corporation (NYSE:DECK)

Vontobel Holding Ltd. increased its position in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 29.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,493 shares of the textile maker's stock after buying an additional 4,253 shares during the period. Vontobel Holding Ltd.'s holdings in Deckers Outdoor were worth $2,068,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DECK. Vanguard Group Inc. grew its position in shares of Deckers Outdoor by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 17,639,783 shares of the textile maker's stock worth $3,582,464,000 after acquiring an additional 229,807 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Deckers Outdoor by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 4,104,954 shares of the textile maker's stock worth $831,723,000 after purchasing an additional 45,035 shares during the period. Norges Bank bought a new position in shares of Deckers Outdoor in the 4th quarter worth about $392,583,000. Northern Trust Corp boosted its stake in Deckers Outdoor by 13.9% in the fourth quarter. Northern Trust Corp now owns 1,581,702 shares of the textile maker's stock valued at $321,228,000 after acquiring an additional 192,469 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Deckers Outdoor by 11.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,423,149 shares of the textile maker's stock worth $289,027,000 after purchasing an additional 145,794 shares during the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Cindy L. Davis bought 1,825 shares of the stock in a transaction dated Friday, June 6th. The stock was bought at an average cost of $109.76 per share, with a total value of $200,312.00. Following the purchase, the director owned 13,340 shares of the company's stock, valued at approximately $1,464,198.40. This represents a 15.85% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of the firm's stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $109.08, for a total value of $32,724.00. Following the completion of the transaction, the director owned 10,681 shares in the company, valued at approximately $1,165,083.48. This represents a 2.73% decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is currently owned by corporate insiders.

Deckers Outdoor Stock Performance

Shares of NYSE DECK traded down $0.48 during mid-day trading on Friday, hitting $105.78. 1,736,117 shares of the stock were exchanged, compared to its average volume of 2,642,368. The stock's fifty day simple moving average is $111.06 and its two-hundred day simple moving average is $140.34. Deckers Outdoor Corporation has a twelve month low of $93.72 and a twelve month high of $223.98. The company has a market cap of $15.81 billion, a P/E ratio of 16.68, a PEG ratio of 6.45 and a beta of 0.99.

Deckers Outdoor (NYSE:DECK - Get Free Report) last announced its earnings results on Thursday, May 22nd. The textile maker reported $1.00 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.43. Deckers Outdoor had a return on equity of 41.17% and a net margin of 19.49%. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same period last year, the company posted $0.82 earnings per share. The firm's quarterly revenue was up 6.5% compared to the same quarter last year. As a group, equities research analysts predict that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

Deckers Outdoor announced that its Board of Directors has approved a stock repurchase plan on Thursday, May 22nd that allows the company to buyback $2.25 billion in shares. This buyback authorization allows the textile maker to reacquire up to 11.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its stock is undervalued.

Analyst Ratings Changes

Several brokerages have weighed in on DECK. Evercore ISI reaffirmed an "in-line" rating and issued a $110.00 target price (down from $235.00) on shares of Deckers Outdoor in a research report on Friday, May 23rd. Argus assumed coverage on Deckers Outdoor in a report on Friday, June 13th. They set a "hold" rating on the stock. Stifel Nicolaus lowered their target price 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. Cowen reissued a "buy" rating on shares of Deckers Outdoor in a research note on Tuesday, May 20th. Finally, Robert W. Baird cut their price objective on shares of Deckers Outdoor from $160.00 to $140.00 and set an "outperform" rating on the stock in a research note on Friday, May 23rd. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Deckers Outdoor has an average rating of "Hold" and an average target price of $137.66.

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.