Robecosam AG increased its holdings in shares of Deckers Outdoor Corp (NYSE:DECK) by 53.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,738 shares of the textile maker’s stock after acquiring an additional 24,768 shares during the period. Robecosam AG’s holdings in Deckers Outdoor were worth $5,663,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Stone Ridge Asset Management LLC purchased a new stake in Deckers Outdoor during the fourth quarter worth $968,000. Quantitative Investment Management LLC purchased a new stake in Deckers Outdoor during the fourth quarter worth $8,097,000. AMP Capital Investors Ltd purchased a new stake in Deckers Outdoor during the fourth quarter worth $556,000. Caption Management LLC purchased a new stake in Deckers Outdoor during the fourth quarter worth $642,000. Finally, Tremblant Capital Group boosted its position in Deckers Outdoor by 37.4% during the fourth quarter. Tremblant Capital Group now owns 374,322 shares of the textile maker’s stock worth $30,039,000 after purchasing an additional 101,877 shares in the last quarter. Institutional investors own 99.56% of the company’s stock.
In related news, COO David E. Lafitte sold 863 shares of the stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $92.97, for a total transaction of $80,233.11. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Andrea O’donnell sold 2,220 shares of the stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $93.90, for a total value of $208,458.00. Following the transaction, the insider now owns 17,793 shares in the company, valued at $1,670,762.70. The disclosure for this sale can be found here. Insiders sold 14,168 shares of company stock worth $1,341,189 over the last 90 days. Company insiders own 1.90% of the company’s stock.
Shares of Deckers Outdoor Corp (DECK) opened at $90.28 on Tuesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.25 and a quick ratio of 2.16. Deckers Outdoor Corp has a 12-month low of $52.58 and a 12-month high of $98.92. The stock has a market capitalization of $3,096.88, a price-to-earnings ratio of 37.31, a PEG ratio of 1.55 and a beta of 1.17.
Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, February 1st. The textile maker reported $4.97 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $3.84 by $1.13. Deckers Outdoor had a return on equity of 17.72% and a net margin of 4.17%. The business had revenue of $810.50 million for the quarter, compared to the consensus estimate of $748.38 million. During the same period in the prior year, the business earned $4.11 earnings per share. The business’s revenue was up 6.6% on a year-over-year basis. sell-side analysts anticipate that Deckers Outdoor Corp will post 5.43 EPS for the current fiscal year.
About Deckers Outdoor
Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories for both everyday casual lifestyle use and high performance activities. The Company’s segments include operations of its brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions, and Direct-to-Consumer (DTC) business, which includes E-Commerce business and retail store business.
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