Mariner LLC Has $12.18 Million Stake in Deckers Outdoor Co. (NYSE:DECK)

Mariner LLC lifted its holdings in Deckers Outdoor Co. (NYSE:DECK - Free Report) by 9.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 59,991 shares of the textile maker's stock after purchasing an additional 5,099 shares during the quarter. Mariner LLC's holdings in Deckers Outdoor were worth $12,184,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Headlands Technologies LLC bought a new stake in shares of Deckers Outdoor in the 4th quarter worth $29,000. Global Trust Asset Management LLC acquired a new stake in Deckers Outdoor in the 4th quarter valued at about $31,000. Whittier Trust Co. of Nevada Inc. lifted its holdings in Deckers Outdoor by 250.0% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 168 shares of the textile maker's stock valued at $34,000 after acquiring an additional 120 shares during the last quarter. Fortitude Family Office LLC boosted 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 valued at $45,000 after purchasing an additional 198 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd grew its stake in shares of Deckers Outdoor by 404.0% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 252 shares of the textile maker's stock worth $51,000 after purchasing an additional 202 shares during the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Deckers Outdoor news, Director David Powers sold 25,000 shares of the company's stock in a transaction dated 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 sale, the director now directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction dated 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 transaction, the director now owns 10,388 shares in the company, valued at $1,396,978.24. The trade was a 2.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.40% of the company's stock.

Deckers Outdoor Stock Up 2.7 %

Shares of DECK traded up $2.88 during mid-day trading on Wednesday, hitting $109.30. 705,254 shares of the company's stock were exchanged, compared to its average volume of 2,369,593. Deckers Outdoor Co. has a twelve month low of $93.72 and a twelve month high of $223.98. The firm has a fifty day moving average of $122.22 and a two-hundred day moving average of $164.83. The stock has a market cap of $16.59 billion, a price-to-earnings ratio of 17.72, a P/E/G ratio of 1.68 and a beta of 1.07.

Deckers Outdoor (NYSE:DECK - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The textile maker reported $3.00 earnings per share 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%. On average, equities analysts predict that Deckers Outdoor Co. will post 5.89 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have recently weighed in on DECK. KeyCorp raised their price objective on Deckers Outdoor from $213.00 to $230.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Wells Fargo & Company decreased their price target on Deckers Outdoor from $215.00 to $210.00 and set an "equal weight" rating for the company in a research report on Friday, January 31st. UBS Group boosted their price objective on Deckers Outdoor from $267.00 to $284.00 and gave the stock a "buy" rating in a report on Friday, January 31st. Stifel Nicolaus dropped their target price on shares of Deckers Outdoor from $185.00 to $127.00 and set a "hold" rating on the stock in a research report on Thursday, April 10th. Finally, Piper Sandler reduced their price target on shares of Deckers Outdoor from $210.00 to $100.00 and set a "neutral" rating for the company in a research report on Friday, April 11th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of "Moderate Buy" and a consensus target price of $187.89.

Deckers Outdoor 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.