25,000 Shares in Deckers Outdoor Co. (NYSE:DECK) Purchased by Strs Ohio

Strs Ohio acquired a new position in shares of Deckers Outdoor Co. (NYSE:DECKGet Rating) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 25,000 shares of the textile maker’s stock, valued at approximately $7,815,000. Strs Ohio owned about 0.09% of Deckers Outdoor at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DECK. HighTower Advisors LLC increased its position in Deckers Outdoor by 13.7% during the first quarter. HighTower Advisors LLC now owns 3,294 shares of the textile maker’s stock worth $902,000 after purchasing an additional 398 shares during the last quarter. Great West Life Assurance Co. Can increased its position in Deckers Outdoor by 7.1% during the first quarter. Great West Life Assurance Co. Can now owns 15,156 shares of the textile maker’s stock worth $4,272,000 after purchasing an additional 1,001 shares during the last quarter. Vontobel Holding Ltd. acquired a new stake in Deckers Outdoor during the first quarter worth about $882,000. Sei Investments Co. increased its position in Deckers Outdoor by 53.1% during the first quarter. Sei Investments Co. now owns 35,845 shares of the textile maker’s stock worth $9,811,000 after purchasing an additional 12,439 shares during the last quarter. Finally, Aviva PLC boosted its stake in Deckers Outdoor by 24.9% during the first quarter. Aviva PLC now owns 8,020 shares of the textile maker’s stock worth $2,196,000 after buying an additional 1,597 shares during the period. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Deckers Outdoor Stock Performance

NYSE DECK opened at $397.57 on Monday. Deckers Outdoor Co. has a one year low of $212.93 and a one year high of $404.65. The firm has a 50 day simple moving average of $373.31 and a 200-day simple moving average of $336.16. The firm has a market cap of $10.52 billion, a price-to-earnings ratio of 24.26, a PEG ratio of 1.22 and a beta of 0.89.

Deckers Outdoor (NYSE:DECKGet Rating) last issued its quarterly earnings results on Thursday, October 27th. The textile maker reported $3.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.66 by $0.14. Deckers Outdoor had a net margin of 13.13% and a return on equity of 29.42%. The company had revenue of $875.61 million during the quarter, compared to the consensus estimate of $808.31 million. Equities analysts predict that Deckers Outdoor Co. will post 18.11 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO David Powers sold 2,900 shares of Deckers Outdoor stock in a transaction that occurred on Tuesday, November 1st. The shares were sold at an average price of $355.00, for a total value of $1,029,500.00. Following the completion of the transaction, the chief executive officer now owns 94,772 shares in the company, valued at $33,644,060. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Deckers Outdoor news, CEO David Powers sold 2,900 shares of the firm’s stock in a transaction that occurred on Tuesday, November 1st. The shares were sold at an average price of $355.00, for a total transaction of $1,029,500.00. Following the sale, the chief executive officer now owns 94,772 shares of the company’s stock, valued at $33,644,060. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Thomas Garcia sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 27th. The stock was sold at an average price of $395.00, for a total transaction of $395,000.00. Following the sale, the insider now directly owns 14,922 shares in the company, valued at approximately $5,894,190. The disclosure for this sale can be found here. Insiders sold 10,875 shares of company stock worth $4,110,149 over the last 90 days. 0.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

DECK has been the subject of several research analyst reports. Robert W. Baird increased their target price on shares of Deckers Outdoor from $375.00 to $410.00 and gave the stock an “outperform” rating in a research note on Friday, October 28th. Bank of America reaffirmed a “buy” rating and set a $425.00 target price on shares of Deckers Outdoor in a research note on Tuesday, November 1st. Wells Fargo & Company increased their target price on shares of Deckers Outdoor from $280.00 to $360.00 and gave the stock an “equal weight” rating in a research note on Friday. UBS Group increased their target price on shares of Deckers Outdoor from $400.00 to $475.00 and gave the stock a “buy” rating in a research note on Friday, October 28th. Finally, Cowen increased their target price on shares of Deckers Outdoor from $393.00 to $450.00 in a research note on Tuesday, November 29th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $421.08.

Deckers Outdoor Company Profile

(Get Rating)

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities. The company offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and relaxed casual shoes and sandals under the Sanuk brand name.

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

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