Vontobel Holding Ltd. Has $2.46 Million Position in Deckers Outdoor Co. (NYSE:DECK)

Vontobel Holding Ltd. lessened its holdings in Deckers Outdoor Co. (NYSE:DECK) by 17.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,674 shares of the textile maker’s stock after selling 772 shares during the period. Vontobel Holding Ltd.’s holdings in Deckers Outdoor were worth $2,456,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Anchor Investment Management LLC bought a new stake in shares of Deckers Outdoor in the 4th quarter valued at approximately $33,000. FSC Wealth Advisors LLC acquired a new stake in Deckers Outdoor in the 4th quarter valued at $39,000. Ritter Daniher Financial Advisory LLC DE grew its position in Deckers Outdoor by 170.0% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 81 shares of the textile maker’s stock valued at $42,000 after acquiring an additional 51 shares during the period. Janiczek Wealth Management LLC raised its stake in Deckers Outdoor by 20.8% during the fourth quarter. Janiczek Wealth Management LLC now owns 93 shares of the textile maker’s stock worth $62,000 after acquiring an additional 16 shares in the last quarter. Finally, Pinpoint Asset Management Ltd bought a new position in shares of Deckers Outdoor during the first quarter valued at $67,000. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Down 0.8 %

Shares of DECK opened at $813.00 on Friday. The stock’s fifty day simple moving average is $886.18 and its 200-day simple moving average is $732.82. The firm has a market capitalization of $20.87 billion, a PE ratio of 29.24, a price-to-earnings-growth ratio of 1.44 and a beta of 1.01. Deckers Outdoor Co. has a 12-month low of $424.36 and a 12-month high of $956.17.

Deckers Outdoor (NYSE:DECK) last released its earnings results on Thursday, February 1st. The textile maker reported $15.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $11.40 by $3.71. Deckers Outdoor had a net margin of 17.57% and a return on equity of 38.77%. The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the prior year, the company posted $10.48 EPS. The company’s revenue was up 16.0% compared to the same quarter last year. Analysts anticipate that Deckers Outdoor Co. will post 26.87 EPS for the current year.

Insider Buying and Selling at Deckers Outdoor

In other news, CEO David Powers sold 5,993 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $862.53, for a total value of $5,169,142.29. Following the transaction, the chief executive officer now owns 98,218 shares of the company’s stock, valued at approximately $84,715,971.54. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, Director Bonita C. Stewart sold 3,500 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $871.11, for a total transaction of $3,048,885.00. Following the completion of the transaction, the director now owns 8,863 shares in the company, valued at $7,720,647.93. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO David Powers sold 5,993 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $862.53, for a total transaction of $5,169,142.29. Following the completion of the sale, the chief executive officer now directly owns 98,218 shares of the company’s stock, valued at approximately $84,715,971.54. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 30,464 shares of company stock valued at $26,229,683. 0.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $930.00 target price on shares of Deckers Outdoor in a report on Thursday, February 15th. Wedbush reaffirmed an “outperform” rating and set a $1,000.00 price objective on shares of Deckers Outdoor in a research note on Wednesday, April 10th. Wells Fargo & Company raised their price objective on shares of Deckers Outdoor from $625.00 to $775.00 and gave the stock an “equal weight” rating in a report on Friday, February 2nd. UBS Group boosted their target price on Deckers Outdoor from $950.00 to $1,150.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. Finally, Barclays initiated coverage on Deckers Outdoor in a research report on Monday, April 1st. They set an “overweight” rating and a $1,110.00 price target on the stock. Six analysts have rated the stock with a hold rating and ten have given 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 $890.93.

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