Boston Partners Has $6.55 Million Holdings in Crocs, Inc. (NASDAQ:CROX)

Boston Partners boosted its position in Crocs, Inc. (NASDAQ:CROX) by 24.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,808 shares of the textile maker’s stock after buying an additional 11,889 shares during the period. Boston Partners’ holdings in Crocs were worth $6,548,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Avior Wealth Management LLC boosted its position in shares of Crocs by 109.5% during the 3rd 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 in the last quarter. UMB Bank n.a. increased its stake in shares of Crocs by 46.6% in the 4th quarter. UMB Bank n.a. now owns 447 shares of the textile maker’s stock valued at $49,000 after acquiring an additional 142 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Crocs during the 3rd quarter valued at $73,000. Quarry LP bought a new position in Crocs during the third quarter worth $104,000. Finally, Jones Financial Companies Lllp grew its holdings in Crocs by 38.3% in the fourth quarter. Jones Financial Companies Lllp now owns 744 shares of the textile maker’s stock worth $81,000 after purchasing an additional 206 shares during the period. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Crocs

In related news, EVP Adam Michaels sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $106.69, for a total transaction of $1,600,350.00. Following the sale, the executive vice president now directly owns 89,323 shares in the company, valued at approximately $9,529,870.87. This represents a 14.38 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Shannon Sisler sold 4,659 shares of Crocs stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $109.75, for a total transaction of $511,325.25. Following the completion of the transaction, the executive vice president now owns 29,299 shares of the company’s stock, valued at $3,215,565.25. This represents a 13.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.72% of the company’s stock.

Crocs Stock Down 0.8 %

Crocs stock opened at $104.59 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.18 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $5.86 billion, a P/E ratio of 6.54, a P/E/G ratio of 1.80 and a beta of 1.84. The firm has a 50 day moving average price of $102.14 and a 200-day moving average price of $113.84. Crocs, Inc. has a twelve month low of $88.25 and a twelve month high of $165.32.

Crocs (NASDAQ:CROX) last issued its quarterly earnings results on Thursday, February 13th. The textile maker reported $2.52 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.25. Crocs had a return on equity of 46.27% and a net margin of 23.16%. As a group, equities analysts predict that Crocs, Inc. will post 13.2 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently commented on CROX shares. Needham & Company LLC restated a “buy” rating and issued a $129.00 target price on shares of Crocs in a research note on Thursday, February 13th. StockNews.com cut Crocs from a “buy” rating to a “hold” rating in a report on Thursday, February 20th. Bank of America boosted their price target on shares of Crocs from $144.00 to $153.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Barclays dropped their price objective on shares of Crocs from $125.00 to $122.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Finally, Guggenheim decreased their target price on shares of Crocs from $155.00 to $150.00 and set a “buy” rating for the company in a research report on Monday, February 3rd. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $143.53.

About Crocs

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.