Deckers Outdoor Co. (NYSE:DECK) Stock Holdings Reduced by Stevens Capital Management LP

Stevens Capital Management LP cut its position in shares of Deckers Outdoor Co. (NYSE:DECK) by 20.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,593 shares of the textile maker’s stock after selling 399 shares during the period. Stevens Capital Management LP’s holdings in Deckers Outdoor were worth $324,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Resonant Capital Advisors LLC lifted its stake in Deckers Outdoor by 2.2% in the fourth quarter. Resonant Capital Advisors LLC now owns 2,408 shares of the textile maker’s stock valued at $489,000 after acquiring an additional 52 shares during the last quarter. Bleakley Financial Group LLC raised its stake in shares of Deckers Outdoor by 3.9% in the 4th quarter. Bleakley Financial Group LLC now owns 1,444 shares of the textile maker’s stock valued at $293,000 after acquiring an additional 54 shares in the last quarter. Mather Group LLC. lifted its holdings in Deckers Outdoor by 2.6% in the 4th quarter. Mather Group LLC. now owns 2,567 shares of the textile maker’s stock worth $521,000 after purchasing an additional 64 shares during the last quarter. Prosperity Wealth Management Inc. boosted its position in Deckers Outdoor by 2.8% during the fourth quarter. Prosperity Wealth Management Inc. now owns 2,777 shares of the textile maker’s stock worth $564,000 after purchasing an additional 75 shares during the period. Finally, WD Rutherford LLC grew its holdings in Deckers Outdoor by 4.8% during the fourth quarter. WD Rutherford LLC now owns 1,735 shares of the textile maker’s stock valued at $352,000 after purchasing an additional 79 shares during the last quarter. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Up 5.9 %

Shares of NYSE DECK opened at $124.82 on Tuesday. Deckers Outdoor Co. has a 12-month low of $112.10 and a 12-month high of $223.98. The firm’s 50-day simple moving average is $160.63 and its 200 day simple moving average is $167.03. The company has a market cap of $18.94 billion, a price-to-earnings ratio of 20.24, a price-to-earnings-growth ratio of 1.68 and a beta of 1.10.

Deckers Outdoor (NYSE:DECK) last released its earnings results on Thursday, February 6th. The textile maker reported $3.00 earnings per share for the quarter, topping analysts’ consensus estimates 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 analysts expect that Deckers Outdoor Co. will post 5.89 earnings per share for the current year.

Insider Buying and Selling at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction that occurred 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 transaction, the director now owns 10,388 shares of the company’s stock, valued at $1,396,978.24. This trade represents a 2.81 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David Powers sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $138.84, for a total transaction 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 $33,568,318.68. The trade was a 9.37 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

DECK has been the subject of several recent analyst reports. Guggenheim reaffirmed a “neutral” rating on shares of Deckers Outdoor in a report on Friday, January 31st. Wells Fargo & Company cut their price target on Deckers Outdoor from $215.00 to $210.00 and set an “equal weight” rating for the company in a report on Friday, January 31st. UBS Group increased their price objective on Deckers Outdoor from $267.00 to $284.00 and gave the company a “buy” rating in a research report on Friday, January 31st. Jefferies Financial Group boosted their target price 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. Finally, Barclays raised their price target on shares of Deckers Outdoor from $190.00 to $231.00 and gave the stock an “overweight” rating in a research 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. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $197.41.

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.