Deckers Outdoor Co. (NYSE:DECK) Shares Sold by Achmea Investment Management B.V.

Achmea Investment Management B.V. lessened its position in shares of Deckers Outdoor Co. (NYSE:DECK) by 3.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,215 shares of the textile maker’s stock after selling 1,675 shares during the period. Achmea Investment Management B.V.’s holdings in Deckers Outdoor were worth $9,386,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in DECK. FMR LLC raised its stake in Deckers Outdoor by 499.2% during the third quarter. FMR LLC now owns 22,869,485 shares of the textile maker’s stock worth $3,646,539,000 after acquiring an additional 19,053,113 shares during the period. State Street Corp grew its holdings in shares of Deckers Outdoor by 513.8% during the third quarter. State Street Corp now owns 6,584,305 shares of the textile maker’s stock valued at $1,049,867,000 after purchasing an additional 5,511,513 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Deckers Outdoor by 509.1% during the 3rd quarter. Geode Capital Management LLC now owns 4,059,919 shares of the textile maker’s stock worth $646,316,000 after purchasing an additional 3,393,420 shares during the period. JPMorgan Chase & Co. raised its position in shares of Deckers Outdoor by 929.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,296,894 shares of the textile maker’s stock worth $206,790,000 after purchasing an additional 1,170,855 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Deckers Outdoor by 529.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,277,355 shares of the textile maker’s stock worth $203,674,000 after purchasing an additional 1,074,263 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have weighed in on DECK. Bank of America increased their target price on Deckers Outdoor from $182.00 to $217.00 and gave the stock a “neutral” rating in a research report on Thursday, January 23rd. KeyCorp increased their price objective on shares of Deckers Outdoor from $213.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Needham & Company LLC reiterated a “buy” rating and issued a $246.00 price objective on shares of Deckers Outdoor in a research report on Friday, January 31st. UBS Group upped their target price on shares of Deckers Outdoor from $267.00 to $284.00 and gave the stock a “buy” rating in a research report on Friday, January 31st. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $240.00 price target on shares of Deckers Outdoor in a report on Friday, January 31st. Nine research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $197.41.

Deckers Outdoor Stock Performance

Shares of NYSE:DECK opened at $116.84 on Friday. The stock has a market capitalization of $17.73 billion, a price-to-earnings ratio of 18.94, a PEG ratio of 1.68 and a beta of 1.10. Deckers Outdoor Co. has a 1-year low of $115.06 and a 1-year high of $223.98. The company has a 50 day moving average price of $173.03 and a 200 day moving average price of $160.57.

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

Insider Buying and Selling

In other news, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $134.48, for a total value of $40,344.00. Following the completion of the sale, the director now owns 10,388 shares in the company, valued at $1,396,978.24. This represents a 2.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director David Powers sold 25,000 shares of the firm’s stock in a transaction on Friday, February 28th. The stock was sold at an average price of $138.84, for a total value of $3,471,000.00. Following the completion of the sale, the director now directly owns 241,777 shares of the company’s stock, 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. 0.40% of the stock is currently owned by company insiders.

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.