Savant Capital LLC Acquires 137 Shares of Deckers Outdoor Co. (NYSE:DECK)

Savant Capital LLC boosted its holdings in 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 institutional investor owned 7,798 shares of the textile maker’s stock after purchasing an additional 137 shares during the period. Savant Capital LLC’s holdings in Deckers Outdoor were worth $1,584,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. Kestra Private Wealth Services LLC grew its position in Deckers Outdoor by 34.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 6,147 shares of the textile maker’s stock valued at $1,248,000 after purchasing an additional 1,587 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its stake in Deckers Outdoor by 62.6% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 6,928 shares of the textile maker’s stock valued at $1,407,000 after acquiring an additional 2,668 shares during the last quarter. Kingsview Wealth Management LLC lifted its stake in Deckers Outdoor by 5.4% in the fourth quarter. Kingsview Wealth Management LLC now owns 5,826 shares of the textile maker’s stock valued at $1,183,000 after acquiring an additional 300 shares during the last quarter. Apollon Wealth Management LLC acquired a new stake in Deckers Outdoor in the fourth quarter valued at $434,000. Finally, Fairvoy Private Wealth LLC acquired a new stake in Deckers Outdoor in the fourth quarter valued at $982,000. Institutional investors own 97.79% of the company’s stock.

Wall Street Analyst Weigh In

DECK has been the subject of a number of recent analyst reports. TD Cowen increased their price target on shares of Deckers Outdoor from $178.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, October 25th. BTIG Research cut shares of Deckers Outdoor from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 22nd. Robert W. Baird increased their price target on shares of Deckers Outdoor from $195.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Stifel Nicolaus increased their price target on shares of Deckers Outdoor from $181.00 to $185.00 and gave the company a “hold” rating in a research note on Friday, January 31st. Finally, Telsey Advisory Group restated an “outperform” rating and set a $240.00 target price on shares of Deckers Outdoor in a research note on Friday, January 31st. Nine equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $197.41.

Deckers Outdoor Stock Up 2.8 %

Shares of Deckers Outdoor stock opened at $158.28 on Friday. Deckers Outdoor Co. has a twelve month low of $131.39 and a twelve month high of $223.98. The company has a 50-day simple moving average of $200.84 and a two-hundred day simple moving average of $144.80. The stock has a market capitalization of $24.02 billion, a price-to-earnings ratio of 25.66, a price-to-earnings-growth ratio of 1.93 and a beta of 1.07.

Deckers Outdoor (NYSE:DECK) last issued 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 net margin of 19.14% and a return on equity of 41.71%. On average, sell-side analysts anticipate that Deckers Outdoor Co. will post 5.89 earnings per share for the current fiscal year.

Insider Buying and Selling at Deckers Outdoor

In other Deckers Outdoor news, CEO Caroti Stefano sold 14,274 shares of the firm’s 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 transaction, the chief executive officer now directly owns 259,266 shares of the company’s stock, valued at $54,015,478.44. This trade represents a 5.22 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Thomas Garcia sold 18,000 shares of the firm’s stock in a transaction dated 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 transaction, the insider now directly owns 63,642 shares in the company, valued at approximately $11,155,169.76. This represents a 22.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 55,956 shares of company stock valued at $10,387,731 in the last ninety days. 0.40% of the stock is currently owned by company insiders.

Deckers Outdoor 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.