Hantz Financial Services Inc. Has $14.73 Million Stock Holdings in Deckers Outdoor Co. (NYSE:DECK)

Hantz Financial Services Inc. lowered its holdings in Deckers Outdoor Co. (NYSE:DECK) by 9.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 72,549 shares of the textile maker’s stock after selling 7,701 shares during the period. Hantz Financial Services Inc.’s holdings in Deckers Outdoor were worth $14,734,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Global Trust Asset Management LLC bought a new stake in shares of Deckers Outdoor in the 4th quarter valued at approximately $31,000. Solstein Capital LLC lifted its position in Deckers Outdoor by 500.0% during the 3rd quarter. Solstein Capital LLC now owns 162 shares of the textile maker’s stock valued at $26,000 after purchasing an additional 135 shares during the period. Bell Investment Advisors Inc grew its position in shares of Deckers Outdoor by 521.4% during the 3rd quarter. Bell Investment Advisors Inc now owns 174 shares of the textile maker’s stock worth $28,000 after buying an additional 146 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its position in shares of Deckers Outdoor by 2,000.0% during the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 210 shares of the textile maker’s stock worth $32,000 after buying an additional 200 shares during the period. Finally, Rakuten Securities Inc. raised its stake in shares of Deckers Outdoor by 397.7% during the third quarter. Rakuten Securities Inc. now owns 219 shares of the textile maker’s stock worth $35,000 after buying an additional 175 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Deckers Outdoor Trading Up 1.9 %

Shares of DECK opened at $215.88 on Wednesday. The stock has a market capitalization of $32.80 billion, a price-to-earnings ratio of 37.96, a PEG ratio of 2.98 and a beta of 1.08. The firm has a fifty day simple moving average of $204.50 and a 200 day simple moving average of $133.84. Deckers Outdoor Co. has a 12 month low of $125.15 and a 12 month high of $218.92.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Guggenheim started coverage on shares of Deckers Outdoor in a report on Wednesday, October 9th. They set a “neutral” rating for the company. Robert W. Baird lifted their price objective on Deckers Outdoor from $195.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. Bank of America increased their target price on Deckers Outdoor from $182.00 to $217.00 and gave the company a “neutral” rating in a research note on Thursday, January 23rd. Stifel Nicolaus upped their price target on Deckers Outdoor from $147.83 to $181.00 and gave the company a “hold” rating in a research note on Friday, October 25th. Finally, Evercore ISI lifted their price objective on shares of Deckers Outdoor from $195.00 to $235.00 and gave the stock an “outperform” rating in a research note on Thursday, January 9th. Ten analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $183.19.

Insider Buying and Selling

In related news, insider Angela Ogbechie sold 1,278 shares of Deckers Outdoor stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $163.24, for a total transaction of $208,620.72. Following the completion of the transaction, the insider now owns 29,628 shares in the company, valued at approximately $4,836,474.72. This trade represents a 4.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Caroti Stefano sold 14,274 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $208.34, for a total value of $2,973,845.16. Following the transaction, the chief executive officer now directly owns 259,266 shares in the company, valued at approximately $54,015,478.44. This trade represents a 5.22 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 75,036 shares of company stock worth $13,715,482. Corporate insiders own 0.40% of the company’s stock.

About Deckers Outdoor

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.