Deckers Outdoor Co. (NYSE:DECK) Stock Position Trimmed by Fiera Capital Corp

Fiera Capital Corp decreased its position in Deckers Outdoor Co. (NYSE:DECK) by 1.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 335,112 shares of the textile maker’s stock after selling 6,185 shares during the period. Fiera Capital Corp’s holdings in Deckers Outdoor were worth $68,058,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in DECK. Van ECK Associates Corp raised its stake in shares of Deckers Outdoor by 4.4% during the fourth quarter. Van ECK Associates Corp now owns 41,338 shares of the textile maker’s stock valued at $8,395,000 after purchasing an additional 1,752 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in 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 valued at $91,965,000 after buying an additional 235,091 shares during the period. L. Roy Papp & Associates LLP bought a new stake in shares of Deckers Outdoor during the 4th quarter worth about $232,000. JSF Financial LLC raised its holdings in Deckers Outdoor by 3.4% during the fourth quarter. JSF Financial LLC now owns 6,262 shares of the textile maker’s stock worth $1,272,000 after purchasing an additional 208 shares in the last quarter. Finally, Savant Capital LLC raised its stake in shares of Deckers Outdoor by 1.8% in the 4th quarter. Savant Capital LLC now owns 7,798 shares of the textile maker’s stock worth $1,584,000 after buying an additional 137 shares in the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Insider Activity

In related news, CEO Caroti Stefano sold 15,000 shares of the company’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $175.73, for a total transaction of $2,635,950.00. Following the completion of the sale, the chief executive officer now directly owns 273,540 shares of the company’s stock, valued at approximately $48,069,184.20. This represents a 5.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction on Friday, December 6th. The stock was sold at an average price of $200.80, for a total transaction of $60,240.00. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 55,956 shares of company stock valued at $10,387,731. Insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

DECK has been the subject of a number of recent research reports. Citigroup upgraded 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. TD Cowen lifted their price objective on shares of Deckers Outdoor from $178.00 to $185.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. UBS Group increased their target price on Deckers Outdoor from $267.00 to $284.00 and gave the company a “buy” rating in a report on Friday, January 31st. Truist Financial lowered their price target on Deckers Outdoor from $235.00 to $225.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Finally, Evercore ISI increased their price objective on Deckers Outdoor from $195.00 to $235.00 and gave the stock an “outperform” rating in a research note on Thursday, January 9th. Nine analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $197.41.

Deckers Outdoor Stock Down 2.3 %

Shares of DECK opened at $153.97 on Thursday. Deckers Outdoor Co. has a 12 month low of $131.39 and a 12 month high of $223.98. The company’s fifty day moving average is $200.84 and its 200-day moving average is $144.80. The firm has a market cap of $23.37 billion, a price-to-earnings ratio of 24.96, a price-to-earnings-growth ratio of 1.93 and a beta of 1.07.

Deckers Outdoor (NYSE:DECK) last posted its earnings results on Thursday, February 6th. The textile maker reported $3.00 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%. As a group, research analysts predict that Deckers Outdoor Co. will post 5.89 earnings per share for the current fiscal year.

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.