Illinois Municipal Retirement Fund Has $18.76 Million Stock Holdings in Deckers Outdoor Co. (NYSE:DECK)

Illinois Municipal Retirement Fund cut its stake in Deckers Outdoor Co. (NYSE:DECK - Free Report) by 19.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 92,357 shares of the textile maker's stock after selling 22,023 shares during the period. Illinois Municipal Retirement Fund owned approximately 0.06% of Deckers Outdoor worth $18,757,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Resonant Capital Advisors LLC lifted its holdings in shares of Deckers Outdoor by 2.2% during the 4th quarter. Resonant Capital Advisors LLC now owns 2,408 shares of the textile maker's stock valued at $489,000 after acquiring an additional 52 shares in the last quarter. Bleakley Financial Group LLC raised its position in shares of Deckers Outdoor by 3.9% in the 4th quarter. Bleakley Financial Group LLC now owns 1,444 shares of the textile maker's stock valued at $293,000 after purchasing an additional 54 shares in the last quarter. Mather Group LLC. boosted its stake in Deckers Outdoor by 2.6% during the 4th quarter. Mather Group LLC. now owns 2,567 shares of the textile maker's stock valued at $521,000 after acquiring an additional 64 shares during the last quarter. WD Rutherford LLC increased its holdings in Deckers Outdoor by 4.8% in the fourth quarter. WD Rutherford LLC now owns 1,735 shares of the textile maker's stock valued at $352,000 after buying an additional 79 shares during the last quarter. Finally, Atomi Financial Group Inc. raised its position in shares of Deckers Outdoor by 6.5% during the 4th quarter. Atomi Financial Group Inc. now owns 1,345 shares of the textile maker's stock valued at $273,000 after acquiring an additional 82 shares in the last quarter. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

A number of brokerages have issued reports on DECK. KeyCorp raised their target price on shares of Deckers Outdoor from $213.00 to $230.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. Needham & Company LLC restated a "buy" rating and set a $246.00 target price on shares of Deckers Outdoor in a report on Friday, January 31st. Telsey Advisory Group reissued an "outperform" rating and set a $240.00 target price on shares of Deckers Outdoor in a research note on Friday, January 31st. Bank of America raised their price target on shares of Deckers Outdoor from $182.00 to $217.00 and gave the stock a "neutral" rating in a report on Thursday, January 23rd. Finally, Citigroup upgraded Deckers Outdoor from a "neutral" rating to a "buy" rating and set a $215.00 price objective on the stock in a report on Friday, February 7th. Nine research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $197.41.

Deckers Outdoor Price Performance

Shares of NYSE DECK traded up $0.80 during trading hours on Friday, reaching $139.29. The stock had a trading volume of 3,003,189 shares, compared to its average volume of 3,122,442. Deckers Outdoor Co. has a twelve month low of $131.39 and a twelve month high of $223.98. The company has a market cap of $21.14 billion, a price-to-earnings ratio of 22.58, a PEG ratio of 1.68 and a beta of 1.07. The business's fifty day moving average is $188.68 and its two-hundred day moving average is $153.47.

Deckers Outdoor (NYSE:DECK - Get Free Report) last released its 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 return on equity of 41.71% and a net margin of 19.14%. Sell-side analysts forecast that Deckers Outdoor Co. will post 5.89 earnings per share for the current fiscal year.

Insider Buying and Selling at Deckers Outdoor

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the firm's stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $200.80, for a total transaction of $60,240.00. Following the transaction, the director now owns 10,222 shares in the company, valued at approximately $2,052,577.60. This trade represents a 2.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Caroti Stefano sold 14,274 shares of the company's 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 directly 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. Corporate 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.