Trillium Asset Management LLC raised its position in Deckers Outdoor Co. (NYSE:DECK – Free Report) by 0.3% in the 4th quarter, Holdings Channel reports. The firm owned 137,687 shares of the textile maker’s stock after buying an additional 432 shares during the period. Trillium Asset Management LLC’s holdings in Deckers Outdoor were worth $27,963,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC increased its stake in Deckers Outdoor by 109.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 449,683 shares of the textile maker’s stock valued at $91,965,000 after purchasing an additional 235,091 shares in the last quarter. Navellier & Associates Inc. increased its position in shares of Deckers Outdoor by 6.4% during the fourth quarter. Navellier & Associates Inc. now owns 29,806 shares of the textile maker’s stock worth $6,053,000 after acquiring an additional 1,791 shares in the last quarter. Wilmington Savings Fund Society FSB increased its position in shares of Deckers Outdoor by 62.6% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 6,928 shares of the textile maker’s stock worth $1,407,000 after acquiring an additional 2,668 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Deckers Outdoor by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,001,033 shares of the textile maker’s stock worth $203,300,000 after acquiring an additional 32,318 shares in the last quarter. Finally, Amundi increased its position in shares of Deckers Outdoor by 11.0% during the fourth quarter. Amundi now owns 1,088,351 shares of the textile maker’s stock worth $225,855,000 after acquiring an additional 108,054 shares in the last quarter. Institutional investors own 97.79% of the company’s stock.
Insider Buying and Selling at Deckers Outdoor
In other Deckers Outdoor news, Director David Powers sold 25,000 shares of the firm’s stock in a transaction dated 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 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of the firm’s stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $134.48, for a total transaction of $40,344.00. Following the completion of the transaction, the director now directly owns 10,388 shares in the company, valued at approximately $1,396,978.24. This represents a 2.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.40% of the company’s stock.
Deckers Outdoor Stock Performance
Deckers Outdoor (NYSE:DECK – Get Free Report) last released its earnings results on Thursday, February 6th. The textile maker reported $3.00 EPS for the quarter, beating the consensus estimate of $2.44 by $0.56. Deckers Outdoor had a net margin of 19.14% and a return on equity of 41.71%. Sell-side analysts anticipate that Deckers Outdoor Co. will post 5.89 EPS for the current year.
Analyst Ratings Changes
Several brokerages have recently issued reports on DECK. Stifel Nicolaus increased their price objective on shares of Deckers Outdoor from $181.00 to $185.00 and gave the stock a “hold” rating in a research report on Friday, January 31st. UBS Group increased their price objective on shares of Deckers Outdoor from $267.00 to $284.00 and gave the stock a “buy” rating in a research report on Friday, January 31st. Barclays increased their target price on shares of Deckers Outdoor from $190.00 to $231.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. 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. Finally, 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. Nine analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of “Moderate Buy” and a consensus price target of $197.41.
Check Out Our Latest Stock Analysis on Deckers Outdoor
Deckers Outdoor Profile
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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