Deckers Outdoor Co. (NYSE:DECK) Shares Purchased by LPL Financial LLC

LPL Financial LLC grew its position in shares of Deckers Outdoor Co. (NYSE:DECK - Free Report) by 30.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 196,013 shares of the textile maker's stock after acquiring an additional 45,552 shares during the quarter. LPL Financial LLC owned about 0.13% of Deckers Outdoor worth $39,808,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. State Street Corp increased its position in Deckers Outdoor by 513.8% during 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 increased its position in shares of Deckers Outdoor by 509.1% in the third quarter. Geode Capital Management LLC now owns 4,059,919 shares of the textile maker's stock worth $646,316,000 after acquiring an additional 3,393,420 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Deckers Outdoor by 6.4% in the 4th quarter. American Century Companies Inc. now owns 1,306,132 shares of the textile maker's stock valued at $265,262,000 after acquiring an additional 78,623 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Deckers Outdoor by 929.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,296,894 shares of the textile maker's stock valued at $206,790,000 after acquiring an additional 1,170,855 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Deckers Outdoor by 529.0% during the 3rd 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 purchasing an additional 1,074,263 shares during the period. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

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Deckers Outdoor Stock Up 0.4 %

DECK stock traded up $0.39 during trading on Monday, hitting $111.95. 3,006,723 shares of the company's stock traded hands, compared to its average volume of 2,298,222. The stock has a market capitalization of $16.99 billion, a price-to-earnings ratio of 18.15, a price-to-earnings-growth ratio of 1.68 and a beta of 1.10. Deckers Outdoor Co. has a 52 week low of $107.51 and a 52 week high of $223.98. The stock has a fifty day moving average price of $153.46 and a two-hundred day moving average price of $169.64.

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

Insider Transactions at Deckers Outdoor

In other Deckers Outdoor news, Director David Powers sold 25,000 shares of the 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 completion of the transaction, the director now directly owns 241,777 shares of the company's stock, valued at approximately $33,568,318.68. This trade represents a 9.37 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Maha Saleh Ibrahim sold 300 shares of the business's stock in a transaction on Thursday, March 6th. The stock was 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 directly owns 10,388 shares in the company, valued at $1,396,978.24. This represents a 2.81 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.40% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on DECK shares. Needham & Company LLC reissued a "buy" rating and issued a $246.00 price objective on shares of Deckers Outdoor in a research report on Friday, January 31st. Evercore ISI raised their target price on Deckers Outdoor from $195.00 to $235.00 and gave the company an "outperform" rating in a report on Thursday, January 9th. KeyCorp upped their price target on Deckers Outdoor from $213.00 to $230.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. Wells Fargo & Company dropped their price objective on shares of Deckers Outdoor from $215.00 to $210.00 and set an "equal weight" rating on the stock in a research note on Friday, January 31st. Finally, Citigroup raised shares of 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. Nine analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, Deckers Outdoor has a consensus rating of "Moderate Buy" and a consensus price target of $197.41.

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.