Edmond DE Rothschild Holding S.A. Has $26.09 Million Stake in Deckers Outdoor Co. (NYSE:DECK)

Edmond DE Rothschild Holding S.A. grew its holdings in Deckers Outdoor Co. (NYSE:DECK - Free Report) by 15.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 128,479 shares of the textile maker's stock after purchasing an additional 17,402 shares during the quarter. Edmond DE Rothschild Holding S.A. owned approximately 0.08% of Deckers Outdoor worth $26,093,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Global Trust Asset Management LLC acquired a new stake in Deckers Outdoor during the fourth quarter worth approximately $31,000. Whittier Trust Co. of Nevada Inc. increased its position in Deckers Outdoor by 250.0% during the 4th 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 raised its stake in shares of Deckers Outdoor by 825.0% in the 4th quarter. Fortitude Family Office LLC now owns 222 shares of the textile maker's stock valued at $45,000 after acquiring an additional 198 shares during the period. Rakuten Securities Inc. lifted its stake in shares of Deckers Outdoor by 59.8% during the fourth quarter. Rakuten Securities Inc. now owns 350 shares of the textile maker's stock worth $71,000 after purchasing an additional 131 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its position in Deckers Outdoor by 107.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 365 shares of the textile maker's stock worth $74,000 after acquiring an additional 189 shares in the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Deckers Outdoor Stock Performance

NYSE DECK traded up $4.66 on Friday, reaching $105.54. The company's stock had a trading volume of 4,630,842 shares, compared to its average volume of 2,340,837. Deckers Outdoor Co. has a twelve month low of $93.92 and a twelve month high of $223.98. The firm's 50 day moving average is $145.18 and its two-hundred day moving average is $170.01. The stock has a market cap of $16.02 billion, a PE ratio of 17.05, a PEG ratio of 1.68 and a beta of 1.10.

Deckers Outdoor (NYSE:DECK - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The textile maker reported $3.00 EPS for the quarter, beating 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%. Equities research analysts anticipate that Deckers Outdoor Co. will post 5.89 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director David Powers sold 25,000 shares of the company's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $138.84, for a total value 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Maha Saleh Ibrahim sold 300 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $134.48, for a total transaction of $40,344.00. Following the sale, the director now owns 10,388 shares of the company's stock, valued at approximately $1,396,978.24. This represents a 2.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.40% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on DECK shares. Stifel Nicolaus raised their target price on Deckers Outdoor from $181.00 to $185.00 and gave the company a "hold" rating in a research note on Friday, January 31st. Robert W. Baird lifted their price target on shares of Deckers Outdoor from $195.00 to $225.00 and gave the company an "outperform" rating in a report on Friday, December 6th. Barclays raised their target price on shares of Deckers Outdoor from $190.00 to $231.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Telsey Advisory Group reiterated an "outperform" rating and set a $240.00 price target on shares of Deckers Outdoor in a research report on Friday, January 31st. Finally, UBS Group boosted 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. Nine investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $197.41.

About Deckers Outdoor

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.