Universal Beteiligungs und Servicegesellschaft mbH Has $10.15 Million Stake in Deckers Outdoor Corporation $DECK

Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 38.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,159 shares of the textile maker’s stock after buying an additional 27,920 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.07% of Deckers Outdoor worth $10,153,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of DECK. American National Bank & Trust boosted its position in Deckers Outdoor by 77.4% during the third quarter. American National Bank & Trust now owns 243 shares of the textile maker’s stock valued at $25,000 after acquiring an additional 106 shares during the last quarter. True Wealth Design LLC lifted its stake in shares of Deckers Outdoor by 2,440.0% in the 3rd quarter. True Wealth Design LLC now owns 254 shares of the textile maker’s stock valued at $26,000 after purchasing an additional 244 shares during the period. Geneos Wealth Management Inc. lifted 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. CVA Family Office LLC boosted its position in shares of Deckers Outdoor by 137.4% during the 2nd quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock valued at $32,000 after purchasing an additional 180 shares in the last quarter. Finally, Rakuten Securities Inc. grew its stake in Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after purchasing an additional 100 shares during the period. Institutional investors own 97.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Raymond James Financial set a $115.00 price target on Deckers Outdoor and gave the company a “strong-buy” rating in a research note on Friday, October 24th. Robert W. Baird downgraded shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 7th. Evercore ISI cut their target price on shares of Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating on the stock in a research note on Friday, October 17th. Piper Sandler downgraded shares of Deckers Outdoor from a “neutral” rating to an “underweight” rating and decreased their price target for the company from $100.00 to $85.00 in a research note on Wednesday, January 7th. Finally, KeyCorp upgraded Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $117.58.

Deckers Outdoor Trading Down 1.7%

DECK stock opened at $99.85 on Friday. Deckers Outdoor Corporation has a 1-year low of $78.91 and a 1-year high of $223.98. The stock has a market cap of $14.55 billion, a price-to-earnings ratio of 14.79, a price-to-earnings-growth ratio of 4.51 and a beta of 1.15. The company’s 50 day moving average is $98.11 and its 200 day moving average is $101.46.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 EPS for the quarter, topping the consensus estimate of $1.58 by $0.24. The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.41 billion. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The business’s revenue was up 9.1% compared to the same quarter last year. During the same period last year, the firm posted $1.59 earnings per share. As a group, sell-side analysts forecast that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Angela Ogbechie sold 1,460 shares of the company’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $81.45, for a total transaction of $118,917.00. Following the transaction, the insider directly owned 34,020 shares of the company’s stock, valued at $2,770,929. This represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.40% of the stock is currently owned by insiders.

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.