Todd Asset Management LLC Acquires Shares of 153,398 Deckers Outdoor Co. (NYSE:DECK)

Todd Asset Management LLC acquired a new position in shares of Deckers Outdoor Co. (NYSE:DECK - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 153,398 shares of the textile maker's stock, valued at approximately $31,154,000. Todd Asset Management LLC owned 0.10% of Deckers Outdoor at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Coyle Financial Counsel LLC boosted its holdings in shares of Deckers Outdoor by 500.2% in the fourth quarter. Coyle Financial Counsel LLC now owns 4,862 shares of the textile maker's stock valued at $987,000 after acquiring an additional 4,052 shares in the last quarter. BankPlus Trust Department acquired a new stake in Deckers Outdoor in the fourth quarter valued at about $82,000. Crestwood Advisors Group LLC boosted its holdings in Deckers Outdoor by 4.6% in the 4th quarter. Crestwood Advisors Group LLC now owns 3,097 shares of the textile maker's stock valued at $629,000 after purchasing an additional 137 shares in the last quarter. Sigma Investment Counselors Inc. acquired a new position in Deckers Outdoor during the 4th quarter worth approximately $3,143,000. Finally, MONECO Advisors LLC purchased a new position in shares of Deckers Outdoor during the 4th quarter worth approximately $234,000. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Deckers Outdoor

In other news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $200.80, for a total transaction of $60,240.00. Following the sale, the director now owns 10,222 shares in the company, valued at $2,052,577.60. This trade represents a 2.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Caroti Stefano sold 14,274 shares of the company's stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $208.34, for a total transaction of $2,973,845.16. Following the completion of the transaction, the chief executive officer now owns 259,266 shares of the company's stock, valued at $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. 0.40% of the stock is currently owned by corporate insiders.

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Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Robert W. Baird lifted their price target on Deckers Outdoor from $195.00 to $225.00 and gave the company an "outperform" rating in a research note on Friday, December 6th. Barclays boosted their target price on shares of Deckers Outdoor from $190.00 to $231.00 and gave the stock an "overweight" rating in a research report on Friday, January 31st. Wells Fargo & Company cut their price target on shares of Deckers Outdoor from $215.00 to $210.00 and set an "equal weight" rating for the company in a report on Friday, January 31st. Guggenheim reissued a "neutral" rating on shares of Deckers Outdoor in a report on Friday, January 31st. Finally, Evercore ISI increased their target price on shares of Deckers Outdoor from $195.00 to $235.00 and gave the company an "outperform" rating in a report on Thursday, January 9th. Nine investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $197.41.

Deckers Outdoor Price Performance

NYSE DECK traded up $0.80 during mid-day trading on Friday, hitting $139.29. The company's stock had a trading volume of 3,003,189 shares, compared to its average volume of 3,122,442. The firm has a market capitalization of $21.14 billion, a P/E ratio of 22.58, a price-to-earnings-growth ratio of 1.68 and a beta of 1.07. Deckers Outdoor Co. has a 52-week low of $131.39 and a 52-week high of $223.98. The stock's fifty day simple moving average is $188.68 and its two-hundred day simple moving average is $153.47.

Deckers Outdoor (NYSE:DECK - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The textile maker reported $3.00 earnings per share (EPS) for the quarter, topping 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, equities analysts forecast that Deckers Outdoor Co. will post 5.89 earnings per share for the current fiscal year.

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.