17,562 Shares in Deckers Outdoor Co. (NYSE:DECK) Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. acquired a new stake in Deckers Outdoor Co. (NYSE:DECK - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 17,562 shares of the textile maker's stock, valued at approximately $3,567,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DECK. Allspring Global Investments Holdings LLC raised its holdings in shares of Deckers Outdoor by 109.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 449,683 shares of the textile maker's stock worth $91,965,000 after acquiring an additional 235,091 shares during the period. Navellier & Associates Inc. raised its stake in Deckers Outdoor by 6.4% during the fourth quarter. Navellier & Associates Inc. now owns 29,806 shares of the textile maker's stock worth $6,053,000 after purchasing an additional 1,791 shares during the period. Wilmington Savings Fund Society FSB boosted its holdings in Deckers Outdoor by 62.6% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 6,928 shares of the textile maker's stock valued at $1,407,000 after purchasing an additional 2,668 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Deckers Outdoor by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,001,033 shares of the textile maker's stock valued at $203,300,000 after buying an additional 32,318 shares during the period. Finally, Amundi increased its holdings in shares of Deckers Outdoor by 11.0% during the 4th quarter. Amundi now owns 1,088,351 shares of the textile maker's stock worth $225,855,000 after buying an additional 108,054 shares during the last quarter. Institutional investors and hedge funds own 97.79% of the company's stock.

Deckers Outdoor Price Performance

Shares of Deckers Outdoor stock traded up $0.46 during trading on Wednesday, hitting $106.88. 1,642,091 shares of the stock were exchanged, compared to its average volume of 3,240,374. The stock has a market cap of $16.22 billion, a price-to-earnings ratio of 17.33, a price-to-earnings-growth ratio of 1.68 and a beta of 1.07. The firm's 50-day moving average price is $122.22 and its 200 day moving average price is $164.83. Deckers Outdoor Co. has a 12-month low of $93.72 and a 12-month high of $223.98.

Deckers Outdoor (NYSE:DECK - Get Free Report) last released 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%. As a group, research analysts forecast that Deckers Outdoor Co. will post 5.89 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have issued reports on DECK. Barclays raised their target price on Deckers Outdoor from $190.00 to $231.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Evercore ISI upped their target price on shares of Deckers Outdoor from $195.00 to $235.00 and gave the company an "outperform" rating in a research report on Thursday, January 9th. KeyCorp increased their target price on shares of Deckers Outdoor from $213.00 to $230.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Jefferies Financial Group upped their price objective on shares of Deckers Outdoor from $180.00 to $200.00 and gave the stock a "hold" rating in a report on Tuesday, January 28th. Finally, Stifel Nicolaus dropped their target price on shares of Deckers Outdoor from $185.00 to $127.00 and set a "hold" rating for the company in a report on Thursday, April 10th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $187.89.

Insider Transactions at Deckers Outdoor

In other Deckers Outdoor news, Director David Powers sold 25,000 shares of the firm's 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 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 is available at the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of the company's stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $134.48, for a total transaction of $40,344.00. Following the completion of the sale, the director now directly owns 10,388 shares of the company's stock, 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. 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.