Mufg Securities Americas Inc. acquired a new position in shares of Deckers Outdoor Co. (NYSE:DECK - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,243 shares of the textile maker's stock, valued at approximately $456,000.
Other institutional investors have also recently modified their holdings of the company. Headlands Technologies LLC acquired a new stake in Deckers Outdoor during the 4th quarter worth about $29,000. Global Trust Asset Management LLC bought a new position in shares of Deckers Outdoor during the fourth quarter valued at about $31,000. Whittier Trust Co. of Nevada Inc. increased its position in shares of Deckers Outdoor by 250.0% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 168 shares of the textile maker's stock valued at $34,000 after acquiring an additional 120 shares during the last quarter. Itau Unibanco Holding S.A. increased its holdings in Deckers Outdoor by 352.1% during the fourth quarter. Itau Unibanco Holding S.A. now owns 217 shares of the textile maker's stock worth $44,000 after buying an additional 169 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd raised its stake in shares of Deckers Outdoor by 404.0% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 252 shares of the textile maker's stock valued at $51,000 after buying an additional 202 shares during the period. 97.79% of the stock is currently owned by institutional investors.
Deckers Outdoor Price Performance
DECK traded down $0.69 on Monday, reaching $127.22. 2,259,647 shares of the company's stock were exchanged, compared to its average volume of 2,431,688. Deckers Outdoor Co. has a twelve month low of $93.72 and a twelve month high of $223.98. The stock has a market cap of $19.31 billion, a PE ratio of 20.62, a P/E/G ratio of 1.68 and a beta of 1.11. The stock's fifty day moving average price is $114.30 and its 200-day moving average price is $159.24.
Insiders Place Their Bets
In other Deckers Outdoor news, 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 transaction of $40,344.00. Following the completion of the sale, the director now directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director David Powers sold 25,000 shares of the company's stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $138.84, for a total value of $3,471,000.00. Following the completion of the transaction, the director now directly owns 241,777 shares of the company's stock, valued at $33,568,318.68. This trade represents a 9.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.40% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on DECK shares. Citigroup lowered their price objective on Deckers Outdoor from $215.00 to $150.00 and set a "buy" rating on the stock in a research report on Monday, April 28th. Stifel Nicolaus cut their target price on Deckers Outdoor from $185.00 to $127.00 and set a "hold" rating for the company in a research note on Thursday, April 10th. Needham & Company LLC reissued a "buy" rating and set a $246.00 price target on shares of Deckers Outdoor in a research note on Friday, January 31st. Truist Financial cut their price objective on shares of Deckers Outdoor from $235.00 to $225.00 and set a "buy" rating for the company in a research note on Friday, January 31st. Finally, Raymond James upgraded Deckers Outdoor from an "outperform" rating to a "strong-buy" rating and reduced their price target for the stock from $235.00 to $150.00 in a research report on Thursday, April 10th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $162.16.
Check Out Our Latest Report on Deckers Outdoor
Deckers Outdoor Company Profile
(
Free Report)
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.
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