AustralianSuper Pty Ltd Trims Stock Position in Deckers Outdoor Corporation $DECK

AustralianSuper Pty Ltd decreased its position in Deckers Outdoor Corporation (NYSE:DECKFree Report) by 18.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 459,036 shares of the textile maker’s stock after selling 105,117 shares during the period. AustralianSuper Pty Ltd’s holdings in Deckers Outdoor were worth $47,588,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Revolve Wealth Partners LLC purchased a new position in shares of Deckers Outdoor during the fourth quarter valued at $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Deckers Outdoor by 3.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,614 shares of the textile maker’s stock worth $1,858,000 after acquiring an additional 522 shares in the last quarter. Empowered Funds LLC increased its position in Deckers Outdoor by 165.6% during the 1st quarter. Empowered Funds LLC now owns 10,239 shares of the textile maker’s stock valued at $1,145,000 after purchasing an additional 6,384 shares during the period. Focus Partners Wealth raised its holdings in shares of Deckers Outdoor by 8.1% in the 1st quarter. Focus Partners Wealth now owns 6,914 shares of the textile maker’s stock valued at $773,000 after purchasing an additional 521 shares in the last quarter. Finally, Marshall Wace LLP raised its holdings in shares of Deckers Outdoor by 163.2% in the 2nd quarter. Marshall Wace LLP now owns 10,306 shares of the textile maker’s stock valued at $1,062,000 after purchasing an additional 6,391 shares in the last quarter. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Up 0.9%

DECK opened at $94.81 on Friday. The company has a market cap of $13.46 billion, a P/E ratio of 13.39, a price-to-earnings-growth ratio of 2.02 and a beta of 1.14. The firm’s 50-day moving average price is $103.06 and its 200-day moving average price is $101.20. Deckers Outdoor Corporation has a 52-week low of $78.91 and a 52-week high of $131.58.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Deckers Outdoor in a research report on Monday, April 20th. Piper Sandler reissued an “underweight” rating and issued a $95.00 price target (up from $85.00) on shares of Deckers Outdoor in a research report on Friday, January 30th. KGI Securities upgraded Deckers Outdoor from a “hold” rating to an “outperform” rating and set a $129.00 price objective for the company in a research note on Friday, January 30th. Raymond James Financial lowered Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 target price on the stock. in a research note on Thursday, April 23rd. Finally, Truist Financial set a $132.00 price target on shares of Deckers Outdoor in a research report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Deckers Outdoor has a consensus rating of “Hold” and a consensus price target of $124.80.

Check Out Our Latest Stock Analysis on DECK

Deckers Outdoor Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Deckers Outdoor (NYSE:DECK)

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