Deckers Outdoor Co. (NYSE:DECK) Shares Acquired by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich lifted its position in Deckers Outdoor Co. (NYSE:DECK - Free Report) by 12.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 196,051 shares of the textile maker's stock after buying an additional 22,109 shares during the period. Bank Julius Baer & Co. Ltd Zurich owned approximately 0.13% of Deckers Outdoor worth $42,502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of DECK. FMR LLC raised its position in Deckers Outdoor by 499.2% in the third quarter. FMR LLC now owns 22,869,485 shares of the textile maker's stock worth $3,646,539,000 after acquiring an additional 19,053,113 shares during the period. State Street Corp increased its stake in shares of Deckers Outdoor by 513.8% in 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 in the last quarter. Geode Capital Management LLC lifted its position in Deckers Outdoor by 509.1% during the third quarter. Geode Capital Management LLC now owns 4,059,919 shares of the textile maker's stock valued at $646,316,000 after purchasing an additional 3,393,420 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Deckers Outdoor by 929.0% during the third quarter. JPMorgan Chase & Co. now owns 1,296,894 shares of the textile maker's stock valued at $206,790,000 after purchasing an additional 1,170,855 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Deckers Outdoor by 529.0% in the third 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 worth $203,674,000 after buying an additional 1,074,263 shares in the last quarter. Institutional investors own 97.79% of the company's stock.

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Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Robert W. Baird increased their price target on Deckers Outdoor from $195.00 to $225.00 and gave the stock an "outperform" rating in a research note on Friday, December 6th. Needham & Company LLC reissued a "buy" rating and set a $246.00 target price on shares of Deckers Outdoor in a research note on Friday, January 31st. Citigroup raised Deckers Outdoor from a "neutral" rating to a "buy" rating and set a $215.00 price target on the stock in a report on Friday, February 7th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $240.00 price objective on shares of Deckers Outdoor in a report on Friday, January 31st. Finally, Stifel Nicolaus boosted their target price on shares of Deckers Outdoor from $181.00 to $185.00 and gave the stock a "hold" rating in a report on Friday, January 31st. Nine investment 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, the stock has an average rating of "Moderate Buy" and an average target price of $197.41.

Deckers Outdoor Price Performance

Shares of NYSE:DECK traded down $5.20 during trading hours on Monday, hitting $121.52. The company's stock had a trading volume of 2,757,821 shares, compared to its average volume of 3,161,001. The firm's fifty day moving average price is $179.75 and its 200 day moving average price is $159.83. Deckers Outdoor Co. has a 52 week low of $119.30 and a 52 week high of $223.98. The company has a market capitalization of $18.44 billion, a price-to-earnings ratio of 19.67, a P/E/G ratio of 1.68 and a beta of 1.10.

Deckers Outdoor (NYSE:DECK - Get Free Report) last posted its earnings results on Thursday, February 6th. The textile maker reported $3.00 earnings per share for the quarter, topping analysts' consensus estimates of $2.44 by $0.56. Deckers Outdoor had a return on equity of 41.71% and a net margin of 19.14%. On average, equities research analysts predict that Deckers Outdoor Co. will post 5.89 earnings per share for the current fiscal year.

Insider Buying and Selling at Deckers Outdoor

In related news, Director David Powers sold 25,000 shares of the business's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $138.84, for a total transaction of $3,471,000.00. Following the transaction, the director now directly owns 241,777 shares in the company, valued at $33,568,318.68. The trade was a 9.37 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Caroti Stefano sold 14,274 shares of the stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $208.34, for a total value of $2,973,845.16. Following the completion of the sale, the chief executive officer now owns 259,266 shares of the company's stock, valued at approximately $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. Insiders have sold 39,574 shares of company stock worth $6,485,189 over the last quarter. Insiders own 0.40% of the company's stock.

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.