Schroder Investment Management Group Has $2.08 Million Stake in Crocs, Inc. (NASDAQ:CROX)

Schroder Investment Management Group lessened its holdings in shares of Crocs, Inc. (NASDAQ:CROX) by 5.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,095 shares of the textile maker’s stock after selling 1,204 shares during the period. Schroder Investment Management Group’s holdings in Crocs were worth $2,076,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. UMB Bank n.a. grew its position in Crocs by 46.6% during the fourth quarter. UMB Bank n.a. now owns 447 shares of the textile maker’s stock worth $49,000 after buying an additional 142 shares in the last quarter. Allianz SE bought a new stake in shares of Crocs during the 4th quarter valued at $53,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Crocs during the 3rd quarter worth $73,000. Jones Financial Companies Lllp increased its position in shares of 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. Finally, Whipplewood Advisors LLC acquired a new position in Crocs in the fourth quarter valued at about $96,000. 93.44% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Shannon Sisler sold 4,659 shares of Crocs stock in a transaction 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 trade represents a 13.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Adam Michaels sold 15,000 shares of the company’s stock in a transaction 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 $9,529,870.87. This trade represents a 14.38 % decrease in their position. The disclosure for this sale can be found here. 2.72% of the stock is owned by insiders.

Crocs Trading Up 4.9 %

Shares of NASDAQ CROX opened at $100.65 on Monday. The firm has a 50 day moving average price of $102.96 and a two-hundred day moving average price of $111.78. The stock has a market cap of $5.64 billion, a P/E ratio of 6.29, a price-to-earnings-growth ratio of 1.80 and a beta of 1.62. Crocs, Inc. has a 52-week low of $88.25 and a 52-week high of $165.32. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.70 and a current ratio of 1.18.

Crocs (NASDAQ:CROX) last posted its quarterly earnings data on Thursday, February 13th. The textile maker reported $2.52 earnings per share 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 forecast that Crocs, Inc. will post 13.2 EPS for the current year.

Analyst Upgrades and Downgrades

CROX has been the topic of a number of analyst reports. Loop Capital increased their price objective on shares of Crocs from $110.00 to $125.00 and gave the stock a “buy” rating in a research note on Tuesday, April 1st. StockNews.com cut shares of Crocs from a “buy” rating to a “hold” rating in a research note on Thursday, February 20th. Guggenheim lowered their price objective 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. Bank of America raised their target price on Crocs from $144.00 to $153.00 and gave the company a “buy” rating in a report on Friday, February 14th. Finally, Barclays lowered their price target on Crocs from $125.00 to $122.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Crocs presently has a consensus rating of “Moderate Buy” and an average price target of $144.53.

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.