XTX Topco Ltd Purchases New Holdings in Deckers Outdoor Co. (NYSE:DECK)

XTX Topco Ltd bought a new position in Deckers Outdoor Co. (NYSE:DECK - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,223 shares of the textile maker's stock, valued at approximately $858,000.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Deckers Outdoor by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 17,639,783 shares of the textile maker's stock worth $3,582,464,000 after purchasing an additional 229,807 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Deckers Outdoor by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 4,104,954 shares of the textile maker's stock worth $831,723,000 after buying an additional 45,035 shares during the last quarter. Norges Bank purchased a new position in shares of Deckers Outdoor during the 4th quarter worth $392,583,000. American Century Companies Inc. raised its holdings in 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 worth $265,262,000 after purchasing an additional 78,623 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Deckers Outdoor by 929.0% during the third quarter. JPMorgan Chase & Co. now owns 1,296,894 shares of the textile maker's stock valued at $206,790,000 after purchasing an additional 1,170,855 shares during the period. Hedge funds and other institutional investors own 97.79% of the company's stock.

Insider Transactions at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of the business's stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $134.48, for a total value of $40,344.00. Following the sale, the director now directly owns 10,388 shares in the company, valued at $1,396,978.24. The trade was a 2.81 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David Powers sold 25,000 shares of the stock in a transaction on Friday, February 28th. The shares were sold at an average price of $138.84, for a total value of $3,471,000.00. Following the sale, the director now owns 241,777 shares in the company, valued at approximately $33,568,318.68. This trade represents a 9.37 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.40% of the company's stock.

Deckers Outdoor Price Performance

DECK stock traded up $2.26 during trading on Tuesday, hitting $105.81. 268,900 shares of the company traded hands, compared to its average volume of 2,367,962. The company has a market cap of $16.06 billion, a PE ratio of 17.16, a P/E/G ratio of 1.68 and a beta of 1.07. The stock's 50-day simple moving average is $123.25 and its 200 day simple moving average is $165.24. Deckers Outdoor Co. has a 1 year low of $93.72 and a 1 year high of $223.98.

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, beating 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%. Research analysts expect that Deckers Outdoor Co. will post 5.89 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Stifel Nicolaus cut their price objective on Deckers Outdoor from $185.00 to $127.00 and set a "hold" rating for the company in a research note on Thursday, April 10th. Wells Fargo & Company decreased 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 report on Friday, January 31st. Barclays upped their target price on shares of Deckers Outdoor from $190.00 to $231.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Guggenheim reiterated a "neutral" rating on shares of Deckers Outdoor in a research report on Friday, January 31st. Finally, Raymond James upgraded Deckers Outdoor from an "outperform" rating to a "strong-buy" rating and dropped their price target for the stock from $235.00 to $150.00 in a research note on Thursday, April 10th. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $187.89.

About Deckers Outdoor

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.