Fiera Capital Corp Cuts Holdings in Deckers Outdoor Co. (NYSE:DECK)

Fiera Capital Corp lessened its position in shares of Deckers Outdoor Co. (NYSE:DECK) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 335,112 shares of the textile maker’s stock after selling 6,185 shares during the period. Fiera Capital Corp owned approximately 0.22% of Deckers Outdoor worth $68,058,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in DECK. Resonant Capital Advisors LLC grew its holdings in shares of Deckers Outdoor by 2.2% during the 4th quarter. Resonant Capital Advisors LLC now owns 2,408 shares of the textile maker’s stock worth $489,000 after purchasing an additional 52 shares during the period. Bleakley Financial Group LLC lifted its position in Deckers Outdoor by 3.9% during the fourth quarter. Bleakley Financial Group LLC now owns 1,444 shares of the textile maker’s stock valued at $293,000 after buying an additional 54 shares in the last quarter. Mather Group LLC. lifted its position in Deckers Outdoor by 2.6% during the fourth quarter. Mather Group LLC. now owns 2,567 shares of the textile maker’s stock valued at $521,000 after buying an additional 64 shares in the last quarter. Atomi Financial Group Inc. grew its stake in Deckers Outdoor by 6.5% during the fourth quarter. Atomi Financial Group Inc. now owns 1,345 shares of the textile maker’s stock worth $273,000 after buying an additional 82 shares during the period. Finally, CX Institutional increased its position in shares of Deckers Outdoor by 4.3% in the fourth quarter. CX Institutional now owns 2,571 shares of the textile maker’s stock worth $522,000 after acquiring an additional 107 shares in the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Insider Buying and Selling at Deckers Outdoor

In other news, CEO Caroti Stefano sold 14,274 shares of Deckers Outdoor stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $208.34, for a total value of $2,973,845.16. Following the completion of the transaction, the chief executive officer now directly owns 259,266 shares of the company’s stock, valued at approximately $54,015,478.44. The trade was a 5.22 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Bonita C. Stewart sold 4,500 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $186.43, for a total transaction of $838,935.00. Following the sale, the director now owns 40,733 shares in the company, valued at approximately $7,593,853.19. This trade represents a 9.95 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 55,956 shares of company stock worth $10,387,731 over the last 90 days. Insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Jefferies Financial Group upped their price target on shares of Deckers Outdoor from $180.00 to $200.00 and gave the stock a “hold” rating in a research report on Tuesday, January 28th. KeyCorp upped their target price on Deckers Outdoor from $213.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Citigroup upgraded Deckers Outdoor from a “neutral” rating to a “buy” rating and set a $215.00 target price on the stock in a report on Friday, February 7th. Telsey Advisory Group reissued an “outperform” rating and set a $240.00 price target on shares of Deckers Outdoor in a research report on Friday, January 31st. Finally, BTIG Research downgraded shares of Deckers Outdoor from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 22nd. Nine investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $197.41.

Deckers Outdoor Stock Performance

NYSE:DECK opened at $153.97 on Thursday. The stock has a 50-day simple moving average of $200.84 and a 200 day simple moving average of $144.80. Deckers Outdoor Co. has a one year low of $131.39 and a one year high of $223.98. The company has a market capitalization 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 issued 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 return on equity of 41.71% and a net margin of 19.14%. On average, equities research analysts forecast that Deckers Outdoor Co. will post 5.89 EPS 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.