Whittier Trust Co. of Nevada Inc. lifted its position in Deckers Outdoor Corporation (NYSE:DECK – Free Report) by 15,521.6% in the 1st quarter, Holdings Channel.com reports. The fund owned 5,780 shares of the textile maker’s stock after acquiring an additional 5,743 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Deckers Outdoor were worth $587,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also modified their holdings of DECK. Rakuten Securities Inc. boosted its position in Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after purchasing an additional 100 shares during the period. Hilton Head Capital Partners LLC increased its position in Deckers Outdoor by 29.8% in the first quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock worth $44,000 after buying an additional 101 shares during the period. GW Henssler & Associates Ltd. increased its position in Deckers Outdoor by 5.8% in the fourth quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock worth $224,000 after buying an additional 118 shares during the period. waypoint wealth counsel lifted its stake in Deckers Outdoor by 5.3% in the first quarter. waypoint wealth counsel now owns 2,938 shares of the textile maker’s stock valued at $294,000 after buying an additional 148 shares during the last quarter. Finally, BOKF NA lifted its stake in Deckers Outdoor by 0.9% in the third quarter. BOKF NA now owns 17,412 shares of the textile maker’s stock valued at $1,765,000 after buying an additional 150 shares during the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.
Deckers Outdoor Stock Up 0.5%
Shares of NYSE DECK opened at $106.19 on Wednesday. The stock’s fifty day simple moving average is $105.01 and its 200 day simple moving average is $105.92. The stock has a market capitalization of $14.75 billion, a price-to-earnings ratio of 15.08, a PEG ratio of 2.09 and a beta of 1.17. Deckers Outdoor Corporation has a 52-week low of $78.91 and a 52-week high of $126.50.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the stock. Truist Financial set a $125.00 price target on shares of Deckers Outdoor and gave the stock a “buy” rating in a research report on Friday, May 22nd. Telsey Advisory Group set a $113.00 price objective on shares of Deckers Outdoor in a research report on Friday, May 22nd. KeyCorp reissued a “sector weight” rating on shares of Deckers Outdoor in a research note on Friday, May 22nd. Raymond James Financial cut shares of Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 target price for the company. in a research report on Thursday, April 23rd. Finally, Barclays restated an “overweight” rating and issued a $141.00 price target (down from $143.00) on shares of Deckers Outdoor in a research note on Tuesday, May 26th. Nine analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $121.11.
Check Out Our Latest Stock Analysis on DECK
Deckers Outdoor Company 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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