Crocs, Inc. (NASDAQ:CROX) Shares Bought by Stephens Inc. AR

Stephens Inc. AR boosted its position in shares of Crocs, Inc. (NASDAQ:CROX) by 12.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,908 shares of the textile maker’s stock after buying an additional 319 shares during the quarter. Stephens Inc. AR’s holdings in Crocs were worth $319,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. grew its position in shares of Crocs by 11,200.0% in the third quarter. Financial Management Professionals Inc. now owns 226 shares of the textile maker’s stock valued at $33,000 after purchasing an additional 224 shares during the period. V Square Quantitative Management LLC grew its position in shares of Crocs by 83.0% in the third quarter. V Square Quantitative Management LLC now owns 313 shares of the textile maker’s stock valued at $45,000 after purchasing an additional 142 shares during the period. UMB Bank n.a. grew its position in shares of Crocs by 46.6% in the fourth quarter. UMB Bank n.a. now owns 447 shares of the textile maker’s stock valued at $49,000 after purchasing an additional 142 shares during the period. Avior Wealth Management LLC grew its position in shares of Crocs by 109.5% in the third quarter. Avior Wealth Management LLC now owns 398 shares of the textile maker’s stock valued at $58,000 after purchasing an additional 208 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Crocs in the third quarter valued at about $73,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CROX. Raymond James lowered shares of Crocs from an “outperform” rating to a “market perform” rating in a research report on Wednesday, October 30th. UBS Group lowered their price target on shares of Crocs from $146.00 to $122.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th. Loop Capital lowered shares of Crocs from a “buy” rating to a “hold” rating and lowered their price target for the stock from $150.00 to $110.00 in a research report on Thursday, November 7th. Needham & Company LLC restated a “buy” rating and set a $129.00 price target on shares of Crocs in a research report on Thursday. Finally, Robert W. Baird lowered their price target on shares of Crocs from $180.00 to $150.00 and set an “outperform” rating on the stock in a research report on Monday, February 10th. Four equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $142.87.

Crocs Trading Down 1.5 %

Shares of CROX stock opened at $108.43 on Friday. The stock has a market cap of $6.32 billion, a price-to-earnings ratio of 7.86, a price-to-earnings-growth ratio of 1.67 and a beta of 1.93. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.82. Crocs, Inc. has a fifty-two week low of $88.25 and a fifty-two week high of $165.32. The firm’s 50 day moving average price is $105.73 and its two-hundred day moving average price is $119.35.

Crocs (NASDAQ:CROX) last posted its earnings results on Thursday, February 13th. The textile maker reported $2.52 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.25. Crocs had a net margin of 20.50% and a return on equity of 49.70%. On average, analysts anticipate that Crocs, Inc. will post 12.92 EPS for the current year.

Crocs Profile

Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.