Great Valley Advisor Group Inc. Has $2.30 Million Stock Position in Deckers Outdoor Co. (NYSE:DECK)

Great Valley Advisor Group Inc. lifted its holdings in shares of Deckers Outdoor Co. (NYSE:DECKGet Rating) by 19.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,277 shares of the textile maker’s stock after purchasing an additional 1,008 shares during the period. Great Valley Advisor Group Inc.’s holdings in Deckers Outdoor were worth $2,299,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of DECK. Clearstead Advisors LLC acquired a new position in shares of Deckers Outdoor during the third quarter worth $27,000. West Oak Capital LLC lifted its holdings in Deckers Outdoor by 60.0% in the fourth quarter. West Oak Capital LLC now owns 80 shares of the textile maker’s stock valued at $29,000 after buying an additional 30 shares during the period. UMB Bank N A MO acquired a new position in Deckers Outdoor in the fourth quarter valued at $36,000. Dark Forest Capital Management LP acquired a new position in Deckers Outdoor in the third quarter valued at $41,000. Finally, Spire Wealth Management lifted its holdings in Deckers Outdoor by 145.3% in the fourth quarter. Spire Wealth Management now owns 130 shares of the textile maker’s stock valued at $48,000 after buying an additional 77 shares during the period. Institutional investors own 96.81% of the company’s stock.

Shares of NYSE:DECK traded down $2.27 during midday trading on Tuesday, hitting $236.73. 2,348 shares of the company’s stock were exchanged, compared to its average volume of 357,562. The stock has a 50 day moving average price of $267.85 and a 200-day moving average price of $321.93. The company has a market cap of $6.45 billion, a PE ratio of 15.97 and a beta of 0.84. Deckers Outdoor Co. has a 12 month low of $225.62 and a 12 month high of $451.49.

Several equities analysts recently issued reports on DECK shares. Jefferies Financial Group dropped their target price on shares of Deckers Outdoor from $525.00 to $450.00 and set a “buy” rating on the stock in a report on Friday, February 4th. StockNews.com started coverage on shares of Deckers Outdoor in a research note on Thursday, March 31st. They issued a “hold” rating for the company. BTIG Research lifted their price target on shares of Deckers Outdoor from $480.00 to $487.00 and gave the company a “buy” rating in a research note on Friday, February 4th. Cowen decreased their price target on shares of Deckers Outdoor from $478.00 to $358.00 and set an “outperform” rating for the company in a research note on Friday, February 4th. Finally, Zacks Investment Research raised shares of Deckers Outdoor from a “sell” rating to a “hold” rating and set a $308.00 price target for the company in a research note on Wednesday, April 20th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, Deckers Outdoor currently has a consensus rating of “Buy” and an average target price of $440.27.

Deckers Outdoor Profile (Get Rating)

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities. The company offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and relaxed casual shoes and sandals under the Sanuk brand name.

Further Reading

Want to see what other hedge funds are holding DECK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deckers Outdoor Co. (NYSE:DECKGet Rating).

Institutional Ownership by Quarter for Deckers Outdoor (NYSE:DECK)

Receive News & Ratings for Deckers Outdoor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deckers Outdoor and related companies with MarketBeat.com's FREE daily email newsletter.