Free Trial

First Hawaiian Bank Sells 2,289 Shares of Deckers Outdoor Co. (NYSE:DECK)

Deckers Outdoor logo with Retail/Wholesale background

First Hawaiian Bank lessened its position in Deckers Outdoor Co. (NYSE:DECK - Free Report) by 34.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,293 shares of the textile maker's stock after selling 2,289 shares during the period. First Hawaiian Bank's holdings in Deckers Outdoor were worth $4,041,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Blair William & Co. IL increased its position in shares of Deckers Outdoor by 5.8% during the third quarter. Blair William & Co. IL now owns 955 shares of the textile maker's stock worth $491,000 after acquiring an additional 52 shares in the last quarter. DekaBank Deutsche Girozentrale increased its position in shares of Deckers Outdoor by 16.1% during the third quarter. DekaBank Deutsche Girozentrale now owns 9,531 shares of the textile maker's stock worth $4,856,000 after acquiring an additional 1,323 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in shares of Deckers Outdoor during the third quarter worth $2,041,000. Envestnet Asset Management Inc. increased its position in shares of Deckers Outdoor by 49.4% during the third quarter. Envestnet Asset Management Inc. now owns 68,750 shares of the textile maker's stock worth $35,343,000 after acquiring an additional 22,745 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Deckers Outdoor by 8.9% during the third quarter. Invesco Ltd. now owns 456,957 shares of the textile maker's stock worth $234,917,000 after acquiring an additional 37,194 shares in the last quarter. Institutional investors own 97.79% of the company's stock.


Analyst Ratings Changes

Several research analysts recently commented on the stock. Bank of America increased their target price on shares of Deckers Outdoor from $860.00 to $1,020.00 and gave the stock a "neutral" rating in a report on Friday, May 24th. Barclays cut their price target on shares of Deckers Outdoor from $1,110.00 to $1,026.00 and set an "overweight" rating for the company in a research note on Tuesday, May 21st. Citigroup increased their price target on shares of Deckers Outdoor from $835.00 to $920.00 and gave the company a "neutral" rating in a research note on Wednesday, May 15th. Robert W. Baird increased their price target on shares of Deckers Outdoor from $975.00 to $1,050.00 and gave the company an "outperform" rating in a research note on Friday, May 24th. Finally, Evercore ISI increased their price target on shares of Deckers Outdoor from $960.00 to $1,110.00 and gave the company an "outperform" rating in a research note on Friday, May 24th. Six research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,018.44.

View Our Latest Stock Analysis on Deckers Outdoor

Insider Buying and Selling at Deckers Outdoor

In other Deckers Outdoor news, insider Angela Ogbechie sold 153 shares of the business's stock in a transaction on Friday, May 31st. The shares were sold at an average price of $1,077.93, for a total transaction of $164,923.29. Following the completion of the sale, the insider now owns 3,779 shares in the company, valued at approximately $4,073,497.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO David Powers sold 10,955 shares of the company's stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $1,086.50, for a total value of $11,902,607.50. Following the completion of the sale, the chief executive officer now owns 76,006 shares in the company, valued at approximately $82,580,519. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Angela Ogbechie sold 153 shares of the company's stock in a transaction on Friday, May 31st. The stock was sold at an average price of $1,077.93, for a total transaction of $164,923.29. Following the completion of the sale, the insider now owns 3,779 shares of the company's stock, valued at approximately $4,073,497.47. The disclosure for this sale can be found here. In the last 90 days, insiders sold 28,101 shares of company stock worth $28,858,562. 0.70% of the stock is owned by corporate insiders.

Deckers Outdoor Trading Down 1.9 %

NYSE:DECK traded down $18.95 during mid-day trading on Thursday, hitting $989.44. 368,360 shares of the company's stock were exchanged, compared to its average volume of 401,863. The company has a 50 day simple moving average of $928.83 and a 200-day simple moving average of $848.23. Deckers Outdoor Co. has a fifty-two week low of $484.02 and a fifty-two week high of $1,106.89. The firm has a market capitalization of $25.17 billion, a P/E ratio of 33.78, a PEG ratio of 3.37 and a beta of 1.11.

Deckers Outdoor (NYSE:DECK - Get Free Report) last issued its quarterly earnings results on Thursday, May 23rd. The textile maker reported $4.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.82 by $2.13. The firm had revenue of $959.76 million for the quarter, compared to the consensus estimate of $892.00 million. Deckers Outdoor had a net margin of 17.69% and a return on equity of 38.85%. The company's revenue for the quarter was up 21.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.46 EPS. As a group, analysts expect that Deckers Outdoor Co. will post 30.59 earnings per share for the current year.

Deckers Outdoor 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 and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.

Read More

Institutional Ownership by Quarter for Deckers Outdoor (NYSE:DECK)

Should you invest $1,000 in Deckers Outdoor right now?

Before you consider Deckers Outdoor, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Deckers Outdoor wasn't on the list.

While Deckers Outdoor currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

CPI News Breakdown: Key Market Moves to Follow
Understanding Oversold Stocks
Inside Pelosi’s Latest Stock Moves

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines