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

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

Several other hedge funds and other institutional investors have also recently modified their holdings of DECK. Viking Global Investors LP acquired a new stake in shares of Deckers Outdoor in the 3rd quarter valued at about $175,058,000. Assenagon Asset Management S.A. raised its stake in shares of Deckers Outdoor by 293.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 702,106 shares of the textile maker’s stock valued at $72,787,000 after purchasing an additional 523,442 shares during the period. Man Group plc raised its stake in shares of Deckers Outdoor by 106.1% in the 3rd quarter. Man Group plc now owns 862,318 shares of the textile maker’s stock valued at $87,413,000 after purchasing an additional 443,843 shares during the period. AQR Capital Management LLC raised its stake in shares of Deckers Outdoor by 89.9% in the 2nd quarter. AQR Capital Management LLC now owns 873,105 shares of the textile maker’s stock valued at $89,991,000 after purchasing an additional 413,394 shares during the period. Finally, Worldquant Millennium Advisors LLC raised its stake in shares of Deckers Outdoor by 491.0% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 496,608 shares of the textile maker’s stock valued at $51,185,000 after purchasing an additional 412,586 shares during the period. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Stock Performance

Deckers Outdoor stock opened at $93.48 on Monday. Deckers Outdoor Corporation has a 52 week low of $78.91 and a 52 week high of $131.58. The stock has a market capitalization of $13.27 billion, a P/E ratio of 13.20, a PEG ratio of 2.01 and a beta of 1.14. The stock has a 50-day simple moving average of $102.75 and a 200 day simple moving average of $101.22.

Analyst Ratings Changes

DECK has been the topic of several recent research reports. Barclays reissued an “overweight” rating and issued a $143.00 price target (up from $113.00) on shares of Deckers Outdoor in a research note on Friday, January 30th. Telsey Advisory Group restated a “market perform” rating and issued a $120.00 price objective (up from $105.00) on shares of Deckers Outdoor in a report on Monday, January 26th. BTIG Research restated a “neutral” rating on shares of Deckers Outdoor in a report on Friday, January 30th. Evercore set a $108.00 price objective on Deckers Outdoor in a report on Friday, January 30th. Finally, Raymond James Financial cut Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price objective for the company. in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $124.80.

Deckers Outdoor Company 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.