Deckers Outdoor Co. (NYSE:DECK) Holdings Raised by Mather Group LLC.

Mather Group LLC. lifted its holdings in shares of Deckers Outdoor Co. (NYSE:DECK) by 2.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,567 shares of the textile maker’s stock after buying an additional 64 shares during the period. Mather Group LLC.’s holdings in Deckers Outdoor were worth $521,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of DECK. Calamos Advisors LLC grew its stake in Deckers Outdoor by 260.6% in the 4th quarter. Calamos Advisors LLC now owns 12,699 shares of the textile maker’s stock valued at $2,579,000 after buying an additional 9,177 shares during the last quarter. GDS Wealth Management lifted its holdings in shares of Deckers Outdoor by 44.5% during the 4th quarter. GDS Wealth Management now owns 20,616 shares of the textile maker’s stock worth $4,187,000 after acquiring an additional 6,351 shares during the period. Resonant Capital Advisors LLC raised its stake in shares of Deckers Outdoor by 2.2% in the fourth quarter. Resonant Capital Advisors LLC now owns 2,408 shares of the textile maker’s stock worth $489,000 after acquiring an additional 52 shares during the last quarter. Greenleaf Trust grew its position in shares of Deckers Outdoor by 15.2% during the 4th quarter. Greenleaf Trust now owns 3,518 shares of the textile maker’s stock worth $714,000 after buying an additional 464 shares during the period. Finally, Spire Wealth Management grew its position in shares of Deckers Outdoor by 24.3% during the 4th quarter. Spire Wealth Management now owns 3,741 shares of the textile maker’s stock worth $760,000 after buying an additional 731 shares during the period. Institutional investors and hedge funds own 97.79% of the company’s stock.

Analyst Ratings Changes

DECK has been the subject of a number of analyst reports. Jefferies Financial Group boosted their price objective on shares of Deckers Outdoor from $180.00 to $200.00 and gave the company a “hold” rating in a report on Tuesday, January 28th. Telsey Advisory Group reissued an “outperform” rating and issued a $240.00 price objective on shares of Deckers Outdoor in a research report on Friday, January 31st. Evercore ISI upped their price target on shares of Deckers Outdoor from $195.00 to $235.00 and gave the stock an “outperform” rating in a research report on Thursday, January 9th. TD Cowen upped their price objective on shares of Deckers Outdoor from $178.00 to $185.00 and gave the company a “buy” rating in a report on Friday, October 25th. Finally, Truist Financial decreased their price objective on shares of Deckers Outdoor from $235.00 to $225.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Ten analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of “Moderate Buy” and an average price target of $197.41.

Deckers Outdoor Trading Up 1.9 %

DECK opened at $172.75 on Thursday. The company’s 50 day moving average is $204.50 and its 200-day moving average is $139.96. Deckers Outdoor Co. has a 1-year low of $131.39 and a 1-year high of $223.98. The company has a market cap of $26.24 billion, a P/E ratio of 28.01, a PEG ratio of 1.85 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%. On average, equities analysts forecast that Deckers Outdoor Co. will post 5.92 EPS for the current year.

Insider Transactions at Deckers Outdoor

In other news, Director Bonita C. Stewart sold 9,000 shares of Deckers Outdoor stock in a transaction on Friday, November 8th. The shares were sold at an average price of $175.42, for a total value of $1,578,780.00. Following the completion of the sale, the director now owns 44,988 shares in the company, valued at $7,891,794.96. The trade was a 16.67 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Thomas Garcia sold 18,000 shares of Deckers Outdoor stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $175.28, for a total transaction of $3,155,040.00. Following the completion of the sale, the insider now owns 63,642 shares of the company’s stock, valued at $11,155,169.76. This represents a 22.05 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 73,758 shares of company stock worth $13,506,861. Company insiders own 0.40% of the company’s stock.

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.