Robeco Institutional Asset Management B.V. Sells 46,554 Shares of Deckers Outdoor Co. (NYSE:DECK)

Robeco Institutional Asset Management B.V. trimmed its position in Deckers Outdoor Co. (NYSE:DECK) by 6.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 698,396 shares of the textile maker’s stock after selling 46,554 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Deckers Outdoor were worth $141,837,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Solstein Capital LLC lifted its stake in shares of Deckers Outdoor by 500.0% in the 3rd quarter. Solstein Capital LLC now owns 162 shares of the textile maker’s stock valued at $26,000 after purchasing an additional 135 shares during the period. Bell Investment Advisors Inc lifted its stake in shares of Deckers Outdoor by 521.4% in the 3rd quarter. Bell Investment Advisors Inc now owns 174 shares of the textile maker’s stock valued at $28,000 after purchasing an additional 146 shares during the period. Global Trust Asset Management LLC acquired a new position in shares of Deckers Outdoor in the 4th quarter valued at $31,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its stake in shares of Deckers Outdoor by 2,000.0% in the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 210 shares of the textile maker’s stock valued at $32,000 after purchasing an additional 200 shares during the period. Finally, Rakuten Securities Inc. lifted its stake in shares of Deckers Outdoor by 397.7% in the 3rd quarter. Rakuten Securities Inc. now owns 219 shares of the textile maker’s stock valued at $35,000 after purchasing an additional 175 shares during the period. 97.79% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Caroti Stefano sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $175.73, for a total value of $2,635,950.00. Following the completion of the transaction, the chief executive officer now owns 273,540 shares in the company, valued at $48,069,184.20. This trade represents a 5.20 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of the firm’s stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $200.80, for a total value of $60,240.00. Following the completion of the transaction, the director now owns 10,222 shares of the company’s stock, valued at $2,052,577.60. The trade was a 2.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 75,036 shares of company stock worth $13,715,482 in the last quarter. Corporate insiders own 0.40% of the company’s stock.

Deckers Outdoor Price Performance

DECK opened at $215.88 on Wednesday. The business’s 50-day moving average price is $204.50 and its two-hundred day moving average price is $133.84. Deckers Outdoor Co. has a 1 year low of $125.15 and a 1 year high of $218.92. The company has a market capitalization of $32.80 billion, a price-to-earnings ratio of 37.96, a P/E/G ratio of 2.98 and a beta of 1.08.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Bank of America increased their price target on Deckers Outdoor from $182.00 to $217.00 and gave the company a “neutral” rating in a research note on Thursday, January 23rd. Barclays increased their price target on Deckers Outdoor from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Seaport Res Ptn downgraded Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 7th. Stifel Nicolaus raised their price objective on Deckers Outdoor from $147.83 to $181.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. Finally, UBS Group raised their price objective on Deckers Outdoor from $226.00 to $232.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Ten research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $183.19.

Deckers Outdoor Company 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.