Csenge Advisory Group Boosts Stock Position in Deckers Outdoor Co. (NYSE:DECK)

Csenge Advisory Group increased its stake in Deckers Outdoor Co. (NYSE:DECK) by 51.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,468 shares of the textile maker’s stock after acquiring an additional 1,178 shares during the quarter. Csenge Advisory Group’s holdings in Deckers Outdoor were worth $704,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Resonant Capital Advisors LLC increased its position in shares of Deckers Outdoor by 2.2% in the 4th quarter. Resonant Capital Advisors LLC now owns 2,408 shares of the textile maker’s stock worth $489,000 after purchasing an additional 52 shares during the last quarter. Bleakley Financial Group LLC increased its holdings 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 during the last quarter. Mather Group LLC. increased its holdings in shares of Deckers Outdoor by 2.6% in the 4th quarter. Mather Group LLC. now owns 2,567 shares of the textile maker’s stock valued at $521,000 after acquiring an additional 64 shares during the last quarter. WD Rutherford LLC increased its holdings in shares of Deckers Outdoor by 4.8% in the 4th quarter. WD Rutherford LLC now owns 1,735 shares of the textile maker’s stock valued at $352,000 after acquiring an additional 79 shares during the last quarter. Finally, Atomi Financial Group Inc. increased its stake in Deckers Outdoor by 6.5% during the fourth quarter. Atomi Financial Group Inc. now owns 1,345 shares of the textile maker’s stock valued at $273,000 after purchasing an additional 82 shares during the last quarter. Institutional investors own 97.79% of the company’s stock.

Insider Buying and Selling at Deckers Outdoor

In other Deckers Outdoor news, Director Bonita C. Stewart sold 4,500 shares of Deckers Outdoor stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $186.43, for a total value of $838,935.00. Following the completion of the sale, the director now directly owns 40,733 shares in the company, valued at $7,593,853.19. The trade was a 9.95 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $200.80, for a total transaction of $60,240.00. Following the completion of the sale, the director now owns 10,222 shares of the company’s stock, valued at $2,052,577.60. This trade represents a 2.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,956 shares of company stock valued at $4,596,741 in the last quarter. Company insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

DECK has been the subject of several recent research reports. KeyCorp boosted their target price on shares of Deckers Outdoor from $213.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. UBS Group upped their target price on Deckers Outdoor from $267.00 to $284.00 and gave the company a “buy” rating in a report on Friday, January 31st. BTIG Research lowered Deckers Outdoor from a “buy” rating to a “neutral” rating in a report on Tuesday, October 22nd. Evercore ISI upped their price target on shares of Deckers Outdoor from $195.00 to $235.00 and gave the stock an “outperform” rating in a research report on Thursday, January 9th. Finally, Jefferies Financial Group upped 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. Nine equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $197.41.

Deckers Outdoor Stock Down 2.0 %

Shares of Deckers Outdoor stock opened at $155.01 on Tuesday. Deckers Outdoor Co. has a 12 month low of $131.39 and a 12 month high of $223.98. The stock has a market cap of $23.53 billion, a PE ratio of 25.13, a price-to-earnings-growth ratio of 1.93 and a beta of 1.07. The business has a fifty day simple moving average of $198.16 and a 200-day simple moving average of $148.40.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings data on Thursday, February 6th. The textile maker reported $3.00 EPS 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%. Analysts expect that Deckers Outdoor Co. will post 5.89 EPS for the current fiscal year.

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.