Trillium Asset Management LLC lessened its stake in Deckers Outdoor Corporation (NYSE:DECK – Free Report) by 20.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 147,925 shares of the textile maker’s stock after selling 38,338 shares during the period. Trillium Asset Management LLC owned 0.10% of Deckers Outdoor worth $15,631,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently added to or reduced their stakes in DECK. Federated Hermes Inc. grew its stake in Deckers Outdoor by 374.1% in the fourth quarter. Federated Hermes Inc. now owns 3,149,719 shares of the textile maker’s stock valued at $326,531,000 after purchasing an additional 2,485,338 shares during the last quarter. Norges Bank purchased a new position in Deckers Outdoor in the fourth quarter valued at about $252,729,000. Viking Global Investors LP purchased a new position in Deckers Outdoor in the third quarter valued at about $175,058,000. Goldman Sachs Group Inc. grew its stake in Deckers Outdoor by 109.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,656,405 shares of the textile maker’s stock valued at $171,720,000 after purchasing an additional 867,397 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in Deckers Outdoor by 293.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 702,106 shares of the textile maker’s stock valued at $72,787,000 after purchasing an additional 523,442 shares during the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.
Deckers Outdoor Stock Performance
Shares of NYSE DECK opened at $113.83 on Friday. The company has a market cap of $15.81 billion, a PE ratio of 16.17, a P/E/G ratio of 2.26 and a beta of 1.16. The business has a 50-day simple moving average of $105.46 and a two-hundred day simple moving average of $104.70. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $126.50.
Analysts Set New Price Targets
Several equities analysts have issued reports on DECK shares. Stifel Nicolaus set a $144.00 target price on Deckers Outdoor in a research note on Friday, May 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a report on Monday, April 20th. Piper Sandler reissued a “neutral” rating on shares of Deckers Outdoor in a report on Thursday. Needham & Company LLC reissued a “buy” rating and issued a $138.00 price target on shares of Deckers Outdoor in a report on Friday, May 22nd. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $105.00 price target on shares of Deckers Outdoor in a report on Friday, May 22nd. Nine investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Deckers Outdoor has an average rating of “Hold” and a consensus target price of $121.11.
View Our Latest Stock Report on Deckers Outdoor
Deckers Outdoor Profile
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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