Moloney Securities Asset Management LLC Has $893,000 Holdings in Deckers Outdoor Co. (NYSE:DECK)

Moloney Securities Asset Management LLC decreased its position in Deckers Outdoor Co. (NYSE:DECK) by 33.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 4,397 shares of the textile maker’s stock after selling 2,246 shares during the period. Moloney Securities Asset Management LLC’s holdings in Deckers Outdoor were worth $893,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB lifted its holdings in shares of Deckers Outdoor by 62.6% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 6,928 shares of the textile maker’s stock valued at $1,407,000 after purchasing an additional 2,668 shares in the last quarter. Kingsview Wealth Management LLC raised its position in Deckers Outdoor by 5.4% during the fourth quarter. Kingsview Wealth Management LLC now owns 5,826 shares of the textile maker’s stock valued at $1,183,000 after buying an additional 300 shares during the period. Apollon Wealth Management LLC purchased a new stake in Deckers Outdoor in the 4th quarter worth about $434,000. Fairvoy Private Wealth LLC acquired a new stake in Deckers Outdoor during the 4th quarter worth about $982,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in Deckers Outdoor by 2.6% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 16,966 shares of the textile maker’s stock valued at $3,446,000 after acquiring an additional 424 shares in the last quarter. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Deckers Outdoor Stock Down 2.3 %

Shares of DECK stock opened at $168.18 on Monday. The business’s 50 day moving average is $203.55 and its two-hundred day moving average is $142.83. Deckers Outdoor Co. has a 12 month low of $131.39 and a 12 month high of $223.98. The company has a market cap of $25.52 billion, a PE ratio of 27.26, a price-to-earnings-growth ratio of 1.93 and a beta of 1.07.

Deckers Outdoor (NYSE:DECK) last posted its earnings results on Thursday, February 6th. The textile maker reported $3.00 earnings per share (EPS) 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%. As a group, equities analysts expect that Deckers Outdoor Co. will post 5.89 EPS for the current fiscal year.

Wall Street Analyst Weigh In

DECK has been the subject of a number of research analyst reports. Bank of America increased their price target on shares of Deckers Outdoor from $182.00 to $217.00 and gave the stock a “neutral” rating in a research report on Thursday, January 23rd. Stifel Nicolaus lifted their target price on shares of Deckers Outdoor from $181.00 to $185.00 and gave the company a “hold” rating in a research note on Friday, January 31st. Guggenheim reaffirmed a “neutral” rating on shares of Deckers Outdoor in a research note on Friday, January 31st. Telsey Advisory Group reissued an “outperform” rating and set a $240.00 price objective on shares of Deckers Outdoor in a research report on Friday, January 31st. Finally, Citigroup raised Deckers Outdoor from a “neutral” rating to a “buy” rating and set a $215.00 target price on the stock in a research report on Friday. Nine research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, Deckers Outdoor has an average rating of “Moderate Buy” and an average price target of $197.41.

Insider Transactions at Deckers Outdoor

In related news, insider Thomas Garcia sold 18,000 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $175.28, for a total transaction of $3,155,040.00. Following the transaction, the insider now owns 63,642 shares of the company’s stock, valued at approximately $11,155,169.76. The trade was a 22.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Caroti Stefano sold 14,274 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $208.34, for a total transaction of $2,973,845.16. Following the completion of the sale, the chief executive officer now directly owns 259,266 shares of the company’s stock, valued at approximately $54,015,478.44. This trade represents a 5.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 55,956 shares of company stock worth $10,387,731. Company insiders own 0.40% of the company’s stock.

Deckers Outdoor 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.