19,036 Shares in Deckers Outdoor Corporation $DECK Purchased by Leonteq Securities AG

Leonteq Securities AG purchased a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 19,036 shares of the textile maker’s stock, valued at approximately $1,973,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Viking Global Investors LP bought a new position in Deckers Outdoor during the third quarter worth about $175,058,000. Northern Trust Corp grew its holdings in Deckers Outdoor by 3.6% during the third quarter. Northern Trust Corp now owns 1,721,542 shares of the textile maker’s stock worth $174,513,000 after purchasing an additional 60,029 shares during the period. Wellington Management Group LLP grew its holdings in Deckers Outdoor by 12.9% during the third quarter. Wellington Management Group LLP now owns 1,445,580 shares of the textile maker’s stock worth $146,538,000 after purchasing an additional 165,384 shares during the period. Jacobs Levy Equity Management Inc. grew its holdings in Deckers Outdoor by 29.9% during the third quarter. Jacobs Levy Equity Management Inc. now owns 1,442,771 shares of the textile maker’s stock worth $146,254,000 after purchasing an additional 331,794 shares during the period. Finally, TD Asset Management Inc grew its holdings in Deckers Outdoor by 9.2% during the third quarter. TD Asset Management Inc now owns 1,378,343 shares of the textile maker’s stock worth $139,723,000 after purchasing an additional 116,310 shares during the period. Institutional investors own 97.79% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Barclays reiterated an “overweight” rating and set a $143.00 price target (up from $113.00) on shares of Deckers Outdoor in a report on Friday, January 30th. BTIG Research restated a “neutral” rating on shares of Deckers Outdoor in a research report on Friday, January 30th. Raymond James Financial downgraded shares of Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price objective for the company. in a research report on Thursday, April 23rd. Truist Financial set a $132.00 price objective on shares of Deckers Outdoor in a research report on Friday, January 30th. Finally, Wells Fargo & Company downgraded shares of Deckers Outdoor from an “equal weight” rating to an “underweight” rating and cut their price objective for the stock from $115.00 to $90.00 in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of “Hold” and a consensus price target of $122.42.

Deckers Outdoor Stock Performance

DECK opened at $98.05 on Thursday. The firm has a market cap of $13.92 billion, a P/E ratio of 13.85, a price-to-earnings-growth ratio of 2.03 and a beta of 1.14. Deckers Outdoor Corporation has a 52-week low of $78.91 and a 52-week high of $127.95. The business’s fifty day moving average is $102.17 and its 200-day moving average is $101.46.

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.