iA Global Asset Management Inc. Has $2.23 Million Holdings in Deckers Outdoor Co. (NYSE:DECK)

iA Global Asset Management Inc. lowered its position in shares of Deckers Outdoor Co. (NYSE:DECK) by 28.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,959 shares of the textile maker’s stock after selling 4,411 shares during the quarter. iA Global Asset Management Inc.’s holdings in Deckers Outdoor were worth $2,226,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. OneDigital Investment Advisors LLC increased its stake in Deckers Outdoor by 240.9% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,500 shares of the textile maker’s stock valued at $239,000 after buying an additional 1,060 shares during the period. Mutual of America Capital Management LLC increased its stake in Deckers Outdoor by 479.8% in the 3rd quarter. Mutual of America Capital Management LLC now owns 18,786 shares of the textile maker’s stock valued at $2,995,000 after buying an additional 15,546 shares during the period. Pathstone Holdings LLC increased its stake in Deckers Outdoor by 471.5% in the 3rd quarter. Pathstone Holdings LLC now owns 21,048 shares of the textile maker’s stock valued at $3,356,000 after buying an additional 17,365 shares during the period. Caprock Group LLC increased its stake in Deckers Outdoor by 518.3% in the 3rd quarter. Caprock Group LLC now owns 6,461 shares of the textile maker’s stock valued at $1,030,000 after buying an additional 5,416 shares during the period. Finally, Prospera Financial Services Inc increased its stake in Deckers Outdoor by 472.9% in the 3rd quarter. Prospera Financial Services Inc now owns 3,260 shares of the textile maker’s stock valued at $520,000 after buying an additional 2,691 shares during the period. Institutional investors and hedge funds own 97.79% of the company’s stock.

Insider Buying and Selling at Deckers Outdoor

In other news, Director David Powers sold 25,000 shares of the stock in a transaction on Friday, February 28th. The shares were sold at an average price of $138.84, for a total value of $3,471,000.00. Following the completion of the transaction, the director now owns 241,777 shares in the company, valued at approximately $33,568,318.68. This represents a 9.37 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $134.48, for a total transaction of $40,344.00. Following the completion of the transaction, the director now owns 10,388 shares of the company’s stock, valued at approximately $1,396,978.24. This represents a 2.81 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

DECK has been the topic of several research reports. Jefferies Financial Group upped their price objective on shares of Deckers Outdoor from $180.00 to $200.00 and gave the company a “hold” rating in a research note on Tuesday, January 28th. Stifel Nicolaus increased their price target on shares of Deckers Outdoor from $181.00 to $185.00 and gave the stock a “hold” rating in a research note on Friday, January 31st. Robert W. Baird increased their price target on shares of Deckers Outdoor from $195.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. Evercore ISI increased their price target on shares of Deckers Outdoor from $195.00 to $235.00 and gave the stock an “outperform” rating in a research note on Thursday, January 9th. Finally, Barclays increased their price target on shares of Deckers Outdoor from $190.00 to $231.00 and gave the stock an “overweight” rating 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’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $197.41.

Deckers Outdoor Price Performance

Shares of Deckers Outdoor stock opened at $118.01 on Friday. Deckers Outdoor Co. has a fifty-two week low of $112.10 and a fifty-two week high of $223.98. The firm has a fifty day moving average price of $162.23 and a two-hundred day moving average price of $164.36. The company has a market cap of $17.91 billion, a PE ratio of 19.13, a price-to-earnings-growth ratio of 1.68 and a beta of 1.10.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, February 6th. The textile maker reported $3.00 earnings per share for the quarter, beating analysts’ consensus estimates of $2.44 by $0.56. Deckers Outdoor had a net margin of 19.14% and a return on equity of 41.71%. Analysts expect that Deckers Outdoor Co. will post 5.89 earnings per share 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.