WINTON GROUP Ltd Has $2.20 Million Stock Holdings in Deckers Outdoor Corporation $DECK

WINTON GROUP Ltd decreased its stake in shares of Deckers Outdoor Corporation (NYSE:DECK) by 61.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 21,730 shares of the textile maker’s stock after selling 34,318 shares during the period. WINTON GROUP Ltd’s holdings in Deckers Outdoor were worth $2,203,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rakuten Securities Inc. lifted its position in Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after acquiring an additional 100 shares during the last quarter. Perigon Wealth Management LLC lifted its holdings in Deckers Outdoor by 4.3% during the 3rd quarter. Perigon Wealth Management LLC now owns 2,597 shares of the textile maker’s stock worth $263,000 after purchasing an additional 106 shares during the last quarter. American National Bank & Trust lifted its holdings in Deckers Outdoor by 77.4% during the 3rd quarter. American National Bank & Trust now owns 243 shares of the textile maker’s stock worth $25,000 after purchasing an additional 106 shares during the last quarter. RB Capital Management LLC boosted its stake in Deckers Outdoor by 1.0% in the 3rd quarter. RB Capital Management LLC now owns 10,679 shares of the textile maker’s stock valued at $1,083,000 after purchasing an additional 110 shares during the period. Finally, Miracle Mile Advisors LLC boosted its stake in Deckers Outdoor by 2.3% in the 3rd quarter. Miracle Mile Advisors LLC now owns 4,990 shares of the textile maker’s stock valued at $506,000 after purchasing an additional 112 shares during the period. Institutional investors and hedge funds own 97.79% of the company’s stock.

Insiders Place Their Bets

In other news, Director Lauri M. Shanahan sold 4,682 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $114.84, for a total transaction of $537,680.88. Following the completion of the sale, the director owned 25,026 shares of the company’s stock, valued at approximately $2,873,985.84. This represents a 15.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Robin Spring-Green sold 347 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $113.78, for a total transaction of $39,481.66. Following the sale, the insider owned 42,461 shares in the company, valued at $4,831,212.58. This represents a 0.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,092 shares of company stock worth $1,048,552 over the last ninety days. Corporate insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on DECK. Barclays reiterated an “overweight” rating and set a $143.00 price objective (up from $113.00) on shares of Deckers Outdoor in a research report on Friday, January 30th. Sanford C. Bernstein set a $90.00 target price on shares of Deckers Outdoor in a research report on Friday, January 30th. Needham & Company LLC upped their price target on shares of Deckers Outdoor from $115.00 to $138.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Argus raised shares of Deckers Outdoor from a “hold” rating to a “buy” rating in a research report on Friday, February 20th. Finally, The Goldman Sachs Group reiterated a “sell” rating and issued a $92.00 price objective (up from $81.00) on shares of Deckers Outdoor in a research note on Friday, January 30th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $125.20.

Deckers Outdoor Price Performance

Shares of NYSE DECK opened at $105.11 on Wednesday. The business has a fifty day moving average price of $109.08 and a two-hundred day moving average price of $103.18. The stock has a market capitalization of $14.92 billion, a PE ratio of 14.85, a P/E/G ratio of 2.38 and a beta of 1.15. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $133.43.

Deckers Outdoor (NYSE:DECK) last released its earnings results on Thursday, January 29th. The textile maker reported $3.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.77 by $0.56. Deckers Outdoor had a return on equity of 41.60% and a net margin of 19.46%.The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the prior year, the firm posted $3.00 EPS. Deckers Outdoor’s quarterly revenue was up 7.1% on a year-over-year basis. On average, equities analysts expect that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

About Deckers Outdoor

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.