Deckers Outdoor Co. (NYSE:DECK) Shares Purchased by Greenleaf Trust

Greenleaf Trust increased its holdings in shares of Deckers Outdoor Co. (NYSE:DECK) by 15.2% in the fourth quarter, Holdings Channel reports. The firm owned 3,518 shares of the textile maker’s stock after buying an additional 464 shares during the period. Greenleaf Trust’s holdings in Deckers Outdoor were worth $714,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DECK. FMR LLC increased its position in shares of Deckers Outdoor by 499.2% during the 3rd quarter. FMR LLC now owns 22,869,485 shares of the textile maker’s stock worth $3,646,539,000 after purchasing an additional 19,053,113 shares during the last quarter. State Street Corp increased its position in shares of Deckers Outdoor by 513.8% during the 3rd quarter. State Street Corp now owns 6,584,305 shares of the textile maker’s stock worth $1,049,867,000 after purchasing an additional 5,511,513 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Deckers Outdoor by 509.1% during the 3rd quarter. Geode Capital Management LLC now owns 4,059,919 shares of the textile maker’s stock worth $646,316,000 after purchasing an additional 3,393,420 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Deckers Outdoor by 929.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,296,894 shares of the textile maker’s stock valued at $206,790,000 after acquiring an additional 1,170,855 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Deckers Outdoor by 529.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,277,355 shares of the textile maker’s stock valued at $203,674,000 after acquiring an additional 1,074,263 shares during the period. 97.79% of the stock is owned by institutional investors and hedge funds.

Deckers Outdoor Price Performance

Deckers Outdoor stock opened at $169.57 on Wednesday. The business has a 50 day simple moving average of $204.88 and a 200-day simple moving average of $139.73. The stock has a market capitalization of $25.76 billion, a PE ratio of 27.49, a price-to-earnings-growth ratio of 1.85 and a beta of 1.07. Deckers Outdoor Co. has a 12 month low of $131.39 and a 12 month high of $223.98.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, February 6th. The textile maker reported $3.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.44 by $0.56. Deckers Outdoor had a return on equity of 41.71% and a net margin of 19.14%. As a group, equities research analysts anticipate that Deckers Outdoor Co. will post 5.92 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Needham & Company LLC restated a “buy” rating and set a $246.00 target price on shares of Deckers Outdoor in a report on Friday, January 31st. Barclays raised their target price on Deckers Outdoor from $190.00 to $231.00 and gave the company an “overweight” rating in a report on Friday, January 31st. BTIG Research cut Deckers Outdoor from a “buy” rating to a “neutral” rating in a report on Tuesday, October 22nd. Telsey Advisory Group restated an “outperform” rating and set a $240.00 target price on shares of Deckers Outdoor in a report on Friday, January 31st. Finally, TD Cowen raised their target price on Deckers Outdoor from $178.00 to $185.00 and gave the company a “buy” rating in a report on Friday, October 25th. Ten research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, Deckers Outdoor presently has an average rating of “Moderate Buy” and a consensus target price of $197.41.

Insiders Place Their Bets

In other Deckers Outdoor news, insider Thomas Garcia sold 18,000 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $175.28, for a total value of $3,155,040.00. Following the sale, the insider now owns 63,642 shares of the company’s stock, valued at approximately $11,155,169.76. This represents a 22.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Steven J. Fasching sold 8,802 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $175.00, for a total value of $1,540,350.00. Following the completion of the sale, the chief financial officer now directly owns 153,036 shares in the company, valued at $26,781,300. This trade represents a 5.44 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 73,758 shares of company stock worth $13,506,861. 0.40% of the stock is owned by corporate insiders.

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.