Deckers Outdoor Co. (NYSE:DECK) Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. lessened its position in shares of Deckers Outdoor Co. (NYSE:DECK - Free Report) by 10.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 998,773 shares of the textile maker's stock after selling 113,556 shares during the quarter. Deckers Outdoor accounts for 1.0% of Epoch Investment Partners Inc.'s portfolio, making the stock its 22nd biggest holding. Epoch Investment Partners Inc. owned 0.66% of Deckers Outdoor worth $202,841,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new stake in Deckers Outdoor during the 4th quarter valued at approximately $392,583,000. JPMorgan Chase & Co. lifted its holdings in shares of Deckers Outdoor by 929.0% in the third quarter. JPMorgan Chase & Co. now owns 1,296,894 shares of the textile maker's stock worth $206,790,000 after buying an additional 1,170,855 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Deckers Outdoor during the fourth quarter worth $185,451,000. Envestnet Asset Management Inc. grew its stake in Deckers Outdoor by 101.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,003,743 shares of the textile maker's stock valued at $203,850,000 after acquiring an additional 505,139 shares in the last quarter. Finally, Los Angeles Capital Management LLC increased its holdings in Deckers Outdoor by 507.3% in the 4th quarter. Los Angeles Capital Management LLC now owns 593,020 shares of the textile maker's stock valued at $120,436,000 after acquiring an additional 495,364 shares during the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Deckers Outdoor Trading Up 5.1 %

NYSE DECK traded up $5.39 on Thursday, hitting $112.05. 992,984 shares of the company's stock traded hands, compared to its average volume of 3,218,976. The firm's 50-day moving average price is $121.25 and its two-hundred day moving average price is $164.43. The firm has a market capitalization of $17.01 billion, a PE ratio of 18.19, a P/E/G ratio of 1.68 and a beta of 1.07. Deckers Outdoor Co. has a 1-year low of $93.72 and a 1-year high of $223.98.

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

Insider Transactions at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of the firm's stock in a transaction on Thursday, March 6th. The shares were 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 in the company, valued at approximately $1,396,978.24. This trade represents a 2.81 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director David Powers sold 25,000 shares of Deckers Outdoor stock in a transaction on Friday, February 28th. The shares were sold at an average price of $138.84, for a total transaction of $3,471,000.00. Following the completion of the transaction, the director now directly owns 241,777 shares of the company's stock, valued at $33,568,318.68. The trade was a 9.37 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.40% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Citigroup upgraded Deckers Outdoor from a "neutral" rating to a "buy" rating and set a $215.00 price objective for the company in a research report on Friday, February 7th. Wells Fargo & Company decreased their price objective on Deckers Outdoor from $215.00 to $210.00 and set an "equal weight" rating on the stock in a report on Friday, January 31st. Jefferies Financial Group raised their target price on shares of Deckers Outdoor from $180.00 to $200.00 and gave the company a "hold" rating in a report on Tuesday, January 28th. Barclays increased their price objective on shares of Deckers Outdoor from $190.00 to $231.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Finally, Piper Sandler reduced their target price on shares of Deckers Outdoor from $210.00 to $100.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $187.89.

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.