Marathon Trading Investment Management LLC acquired a new position in shares of Deckers Outdoor Corporation (NYSE:DECK – Free Report) during the 4th quarter, Holdings Channel reports. The firm acquired 14,984 shares of the textile maker’s stock, valued at approximately $1,553,000.
Other large investors have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC increased its position in Deckers Outdoor by 24.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 407,698 shares of the textile maker’s stock worth $43,538,000 after buying an additional 81,345 shares during the period. American Century Companies Inc. increased its position in Deckers Outdoor by 21.6% during the 3rd quarter. American Century Companies Inc. now owns 1,157,559 shares of the textile maker’s stock worth $117,342,000 after buying an additional 205,748 shares during the period. Lombard Odier Asset Management USA Corp bought a new position in shares of Deckers Outdoor during the third quarter worth approximately $1,142,000. US Bancorp DE raised its position in shares of Deckers Outdoor by 262.3% in the third quarter. US Bancorp DE now owns 61,436 shares of the textile maker’s stock valued at $6,228,000 after buying an additional 44,477 shares in the last quarter. Finally, SG Americas Securities LLC raised its position in shares of Deckers Outdoor by 309.0% in the fourth quarter. SG Americas Securities LLC now owns 240,466 shares of the textile maker’s stock valued at $24,929,000 after buying an additional 181,675 shares in the last quarter. Institutional investors own 97.79% of the company’s stock.
Deckers Outdoor Stock Performance
Shares of NYSE DECK opened at $113.83 on Monday. Deckers Outdoor Corporation has a 52 week low of $78.91 and a 52 week high of $126.50. The stock has a market capitalization of $15.81 billion, a P/E ratio of 16.17, a PEG ratio of 2.25 and a beta of 1.16. The stock’s fifty day moving average is $105.46 and its 200 day moving average is $104.85.
Analyst Upgrades and Downgrades
DECK has been the topic of a number of analyst reports. Barclays reissued an “overweight” rating and set a $141.00 price target (down from $143.00) on shares of Deckers Outdoor in a research report on Tuesday, May 26th. Raymond James Financial downgraded Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price target on the stock. in a research report on Thursday, April 23rd. Needham & Company LLC reissued a “buy” rating and set a $138.00 price target on shares of Deckers Outdoor in a research report on Friday, May 22nd. Sanford C. Bernstein reissued a “market perform” rating and set a $105.00 price target on shares of Deckers Outdoor in a research report on Friday, May 22nd. Finally, Telsey Advisory Group set a $113.00 price target on Deckers Outdoor in a research report on Friday, May 22nd. Nine investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $121.11.
Get Our Latest Stock Analysis on DECK
About Deckers Outdoor
Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.
Founded in 1973 by Doug Otto and Karl F.
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