Robeco Schweiz AG Sells 14,206 Shares of Deckers Outdoor Co. (NYSE:DECK)

Robeco Schweiz AG lessened its stake in shares of Deckers Outdoor Co. (NYSE:DECK) by 23.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 47,144 shares of the textile maker’s stock after selling 14,206 shares during the period. Robeco Schweiz AG’s holdings in Deckers Outdoor were worth $9,574,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its position in shares of Deckers Outdoor by 109.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 449,683 shares of the textile maker’s stock valued at $91,965,000 after acquiring an additional 235,091 shares during the period. Wilmington Savings Fund Society FSB lifted its stake in Deckers Outdoor by 62.6% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 6,928 shares of the textile maker’s stock valued at $1,407,000 after purchasing an additional 2,668 shares during the last quarter. Navellier & Associates Inc. grew its holdings in 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 purchasing an additional 1,791 shares during the period. Principal Financial Group Inc. increased its position in Deckers Outdoor by 25.7% during the fourth quarter. Principal Financial Group Inc. now owns 499,568 shares of the textile maker’s stock worth $101,457,000 after buying an additional 102,134 shares during the last quarter. Finally, Sigma Investment Counselors Inc. bought a new stake in Deckers Outdoor in the fourth quarter valued at approximately $3,143,000. 97.79% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DECK has been the subject of several research analyst reports. KeyCorp lifted their target price on Deckers Outdoor from $213.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. Stifel Nicolaus lifted 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. Jefferies Financial Group increased their price objective on shares of Deckers Outdoor from $180.00 to $200.00 and gave the company a “hold” rating in a research report on Tuesday, January 28th. UBS Group lifted their target price on shares of Deckers Outdoor from $267.00 to $284.00 and gave the stock a “buy” rating in a report on Friday, January 31st. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $240.00 price target 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $197.41.

Insider Transactions at Deckers Outdoor

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the business’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $200.80, for a total transaction of $60,240.00. Following the sale, the director now owns 10,222 shares of the company’s stock, valued at approximately $2,052,577.60. The trade was a 2.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Caroti Stefano sold 14,274 shares of the company’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $208.34, for a total transaction of $2,973,845.16. Following the transaction, the chief executive officer now owns 259,266 shares of the company’s stock, valued at $54,015,478.44. This trade represents a 5.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.40% of the stock is owned by insiders.

Deckers Outdoor Stock Up 1.6 %

DECK stock opened at $145.14 on Thursday. The company’s 50-day moving average price is $191.14 and its two-hundred day moving average price is $153.64. Deckers Outdoor Co. has a 12 month low of $131.39 and a 12 month high of $223.98. The firm has a market cap of $22.03 billion, a P/E ratio of 23.53, a P/E/G ratio of 1.68 and a beta of 1.07.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings data on Thursday, February 6th. The textile maker reported $3.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.44 by $0.56. Deckers Outdoor had a net margin of 19.14% and a return on equity of 41.71%. Equities analysts predict that Deckers Outdoor Co. will post 5.89 EPS for the current year.

Deckers Outdoor Company 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.