Keystone Investors PTE Ltd. Buys 99 Shares of Deckers Outdoor Co. (NYSE:DECK)

Keystone Investors PTE Ltd. boosted its position in shares of Deckers Outdoor Co. (NYSE:DECK) by 0.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 13,981 shares of the textile maker’s stock after buying an additional 99 shares during the quarter. Keystone Investors PTE Ltd.’s holdings in Deckers Outdoor were worth $2,839,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bell Investment Advisors Inc grew its position in Deckers Outdoor by 521.4% during the third quarter. Bell Investment Advisors Inc now owns 174 shares of the textile maker’s stock valued at $28,000 after buying an additional 146 shares during the period. Global Trust Asset Management LLC acquired a new position in shares of Deckers Outdoor in the fourth quarter valued at approximately $31,000. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Deckers Outdoor by 250.0% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 168 shares of the textile maker’s stock valued at $34,000 after buying an additional 120 shares during the period. Brooklyn Investment Group acquired a new position in shares of Deckers Outdoor during the 3rd quarter worth about $36,000. Finally, Avior Wealth Management LLC lifted its holdings in shares of Deckers Outdoor by 2,966.7% in the 3rd quarter. Avior Wealth Management LLC now owns 276 shares of the textile maker’s stock valued at $44,000 after purchasing an additional 267 shares during the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Trading Up 5.9 %

NYSE DECK opened at $124.82 on Tuesday. The stock has a market cap of $18.94 billion, a P/E ratio of 20.24, a PEG ratio of 1.68 and a beta of 1.10. Deckers Outdoor Co. has a 52 week low of $112.10 and a 52 week high of $223.98. The company’s fifty day simple moving average is $160.63 and its 200-day simple moving average is $167.03.

Deckers Outdoor (NYSE:DECK) last released its earnings results on Thursday, February 6th. The textile maker reported $3.00 EPS for the quarter, beating the consensus estimate of $2.44 by $0.56. Deckers Outdoor had a net margin of 19.14% and a return on equity of 41.71%. On average, research analysts expect that Deckers Outdoor Co. will post 5.89 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on DECK shares. Evercore ISI upped their target price 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. Bank of America raised their price objective on Deckers Outdoor from $182.00 to $217.00 and gave the stock a “neutral” rating in a research note on Thursday, January 23rd. KeyCorp upped their target price on shares of Deckers Outdoor from $213.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Telsey Advisory Group reaffirmed an “outperform” rating and set a $240.00 target price on shares of Deckers Outdoor in a report on Friday, January 31st. Finally, Barclays raised their target price on shares of Deckers Outdoor from $190.00 to $231.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Nine investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $197.41.

Insider Activity at Deckers Outdoor

In related news, Director David Powers sold 25,000 shares of Deckers Outdoor stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $138.84, for a total value of $3,471,000.00. Following the sale, the director now owns 241,777 shares of the company’s stock, valued at approximately $33,568,318.68. This trade represents a 9.37 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $134.48, for a total transaction of $40,344.00. Following the sale, the director now directly owns 10,388 shares of the company’s stock, valued at $1,396,978.24. The trade was a 2.81 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.40% of the company’s stock.

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.