Landscape Capital Management L.L.C. Has $3.93 Million Stock Position in Deckers Outdoor Co. (NYSE:DECK)

Landscape Capital Management L.L.C. grew its position in Deckers Outdoor Co. (NYSE:DECK - Free Report) by 83.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,359 shares of the textile maker's stock after purchasing an additional 8,827 shares during the period. Landscape Capital Management L.L.C.'s holdings in Deckers Outdoor were worth $3,932,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Headlands Technologies LLC acquired a new stake in shares of Deckers Outdoor in the fourth quarter worth $29,000. Global Trust Asset Management LLC bought a new stake in Deckers Outdoor in the 4th quarter valued at $31,000. Whittier Trust Co. of Nevada Inc. raised its position in Deckers Outdoor by 250.0% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 168 shares of the textile maker's stock worth $34,000 after purchasing an additional 120 shares in the last quarter. Fortitude Family Office LLC lifted its position in shares of Deckers Outdoor by 825.0% during the 4th quarter. Fortitude Family Office LLC now owns 222 shares of the textile maker's stock worth $45,000 after buying an additional 198 shares during the period. Finally, Rakuten Securities Inc. grew its holdings in shares of Deckers Outdoor by 59.8% in the 4th quarter. Rakuten Securities Inc. now owns 350 shares of the textile maker's stock worth $71,000 after purchasing an additional 131 shares during the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Deckers Outdoor

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $134.48, for a total value of $40,344.00. Following the completion of the sale, the director now owns 10,388 shares in the company, valued at $1,396,978.24. This trade represents a 2.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director David Powers sold 25,000 shares of the business's stock in a transaction dated 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 owns 241,777 shares in the company, valued at $33,568,318.68. This represents a 9.37 % 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.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on DECK shares. Stifel Nicolaus increased their target price on Deckers Outdoor from $181.00 to $185.00 and gave the stock a "hold" rating in a report on Friday, January 31st. Truist Financial dropped their price objective on shares of Deckers Outdoor from $235.00 to $225.00 and set a "buy" rating for the company in a research report on Friday, January 31st. UBS Group increased their price objective on Deckers Outdoor from $267.00 to $284.00 and gave the company a "buy" rating in a research report on Friday, January 31st. Jefferies Financial Group boosted their target price on Deckers Outdoor from $180.00 to $200.00 and gave the stock a "hold" rating in a research report on Tuesday, January 28th. Finally, Barclays raised their price target on Deckers Outdoor from $190.00 to $231.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Nine analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $197.41.

Deckers Outdoor Stock Down 0.2 %

Shares of NYSE:DECK traded down $0.18 during midday trading on Wednesday, reaching $101.71. 1,148,761 shares of the company were exchanged, compared to its average volume of 2,367,560. The firm has a market cap of $15.44 billion, a PE ratio of 16.50, a P/E/G ratio of 1.68 and a beta of 1.07. Deckers Outdoor Co. has a fifty-two week low of $93.72 and a fifty-two week high of $223.98. The stock has a fifty day simple moving average of $136.20 and a two-hundred day simple moving average of $168.71.

Deckers Outdoor (NYSE:DECK - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The textile maker reported $3.00 earnings per share (EPS) 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%. As a group, analysts forecast that Deckers Outdoor Co. will post 5.89 earnings per share 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.