iA Global Asset Management Inc. Buys 10,608 Shares of Deckers Outdoor Corporation $DECK

iA Global Asset Management Inc. grew its stake in Deckers Outdoor Corporation (NYSE:DECK) by 35.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,662 shares of the textile maker’s stock after purchasing an additional 10,608 shares during the period. iA Global Asset Management Inc.’s holdings in Deckers Outdoor were worth $4,215,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of DECK. Geneos Wealth Management Inc. grew its stake in shares of Deckers Outdoor by 330.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after purchasing an additional 215 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Deckers Outdoor in the 3rd quarter worth approximately $30,000. Rakuten Securities Inc. boosted its holdings in shares of Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after acquiring an additional 100 shares in the last quarter. Activest Wealth Management boosted its holdings in shares of Deckers Outdoor by 298.8% in the 4th quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock worth $34,000 after acquiring an additional 245 shares in the last quarter. Finally, Aventura Private Wealth LLC acquired a new position in shares of Deckers Outdoor in the 4th quarter worth approximately $40,000. 97.79% of the stock is currently owned by institutional investors.

Deckers Outdoor Stock Performance

NYSE:DECK opened at $93.48 on Monday. The stock’s fifty day moving average price is $102.75 and its two-hundred day moving average price is $101.22. Deckers Outdoor Corporation has a 52-week low of $78.91 and a 52-week high of $131.58. The company has a market cap of $13.27 billion, a price-to-earnings ratio of 13.20, a P/E/G ratio of 2.01 and a beta of 1.14.

Analysts Set New Price Targets

Several research analysts have recently commented on DECK shares. Raymond James Financial downgraded Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 target price on the stock. in a report on Thursday, April 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a report on Monday, April 20th. Wells Fargo & Company downgraded Deckers Outdoor from an “equal weight” rating to an “underweight” rating and reduced their target price for the stock from $115.00 to $90.00 in a report on Friday, May 8th. Evercore set a $108.00 target price on Deckers Outdoor in a report on Friday, January 30th. Finally, Argus raised Deckers Outdoor from a “hold” rating to a “buy” rating in a report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $124.80.

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.