Crocs, Inc. (NASDAQ:CROX) Stock Position Increased by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC boosted its position in shares of Crocs, Inc. (NASDAQ:CROX) by 11.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,026 shares of the textile maker’s stock after buying an additional 313 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in Crocs were worth $331,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Clear Harbor Asset Management LLC boosted its position in shares of Crocs by 3.3% during the 4th quarter. Clear Harbor Asset Management LLC now owns 3,114 shares of the textile maker’s stock valued at $341,000 after purchasing an additional 100 shares in the last quarter. Covestor Ltd grew its position in Crocs by 10.3% in the third quarter. Covestor Ltd now owns 1,225 shares of the textile maker’s stock worth $178,000 after buying an additional 114 shares during the last quarter. Manchester Capital Management LLC increased its holdings in shares of Crocs by 9.9% in the fourth quarter. Manchester Capital Management LLC now owns 1,437 shares of the textile maker’s stock valued at $157,000 after buying an additional 129 shares in the last quarter. V Square Quantitative Management LLC lifted its position in shares of Crocs by 83.0% during the 3rd quarter. V Square Quantitative Management LLC now owns 313 shares of the textile maker’s stock valued at $45,000 after acquiring an additional 142 shares during the last quarter. Finally, UMB Bank n.a. boosted its stake in shares of Crocs by 46.6% during the 4th quarter. UMB Bank n.a. now owns 447 shares of the textile maker’s stock worth $49,000 after acquiring an additional 142 shares in the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Crocs Stock Down 1.5 %

CROX stock opened at $108.43 on Tuesday. The company has a 50-day moving average of $105.68 and a two-hundred day moving average of $119.09. Crocs, Inc. has a 52-week low of $88.25 and a 52-week high of $165.32. The stock has a market capitalization 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 debt-to-equity ratio of 0.82, a current ratio of 1.43 and a quick ratio of 0.90.

Crocs (NASDAQ:CROX) last issued its quarterly 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 return on equity of 49.70% and a net margin of 20.50%. As a group, equities research analysts anticipate that Crocs, Inc. will post 12.92 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently issued reports on CROX. Guggenheim reduced their target price on Crocs from $155.00 to $150.00 and set a “buy” rating for the company in a report on Monday, February 3rd. KeyCorp decreased their price objective on Crocs from $150.00 to $120.00 and set an “overweight” rating for the company in a research report on Thursday, January 23rd. Barclays dropped their target price on Crocs from $125.00 to $122.00 and set an “overweight” rating on the stock in a report on Friday. Needham & Company LLC restated a “buy” rating and set a $129.00 price target on shares of Crocs in a report on Thursday, February 13th. Finally, Robert W. Baird lowered their target price on Crocs from $180.00 to $150.00 and set an “outperform” rating on the stock in a research note on Monday, February 10th. Four analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, Crocs currently has a consensus rating of “Moderate Buy” and an average price target of $142.87.

Crocs Company 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.