Stifel Financial Corp Has $2.70 Million Stock Holdings in Crocs, Inc. (NASDAQ:CROX)

Stifel Financial Corp boosted its holdings in Crocs, Inc. (NASDAQ:CROX - Free Report) by 124.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,643 shares of the textile maker's stock after acquiring an additional 13,649 shares during the period. Stifel Financial Corp's holdings in Crocs were worth $2,699,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. UMB Bank n.a. lifted its holdings 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 worth $49,000 after purchasing an additional 142 shares during the last quarter. Allianz SE bought a new stake in Crocs in the fourth quarter valued at $53,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Crocs during the third quarter valued at $73,000. TD Waterhouse Canada Inc. grew its position in shares of Crocs by 425.6% during the fourth quarter. TD Waterhouse Canada Inc. now owns 678 shares of the textile maker's stock worth $74,000 after acquiring an additional 549 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in shares of Crocs by 38.3% in the 4th quarter. Jones Financial Companies Lllp now owns 744 shares of the textile maker's stock worth $81,000 after acquiring an additional 206 shares during the period. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Crocs Price Performance

Crocs stock traded up $1.98 during mid-day trading on Wednesday, hitting $100.76. The company's stock had a trading volume of 2,464,447 shares, compared to its average volume of 1,484,200. The stock has a market capitalization of $5.65 billion, a P/E ratio of 6.30, a P/E/G ratio of 1.80 and a beta of 1.46. Crocs, Inc. has a twelve month low of $86.11 and a twelve month high of $165.32. The stock's fifty day moving average price is $99.42 and its two-hundred day moving average price is $104.56. The company has a quick ratio of 0.70, a current ratio of 1.18 and a debt-to-equity ratio of 0.74.

Crocs (NASDAQ:CROX - Get Free Report) last issued its earnings results on Thursday, February 13th. The textile maker reported $2.52 earnings per share (EPS) for the quarter, topping 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%. Research analysts forecast that Crocs, Inc. will post 13.2 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Shannon Sisler sold 4,659 shares of the firm's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $109.75, for a total value of $511,325.25. Following the completion of the sale, 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 SEC, which is available at this link. 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 value of $1,600,350.00. Following the transaction, the executive vice president now directly owns 89,323 shares in the company, valued at $9,529,870.87. The trade was a 14.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.72% of the company's stock.

Analyst Ratings Changes

Several research analysts have commented on CROX shares. Robert W. Baird decreased their target price on shares of Crocs from $180.00 to $150.00 and set an "outperform" rating for the company in a research report on Monday, February 10th. Stifel Nicolaus lowered their target price on Crocs from $138.00 to $127.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Barclays reduced their price target on Crocs from $125.00 to $122.00 and set an "overweight" rating for the company in a research report on Friday, February 14th. Loop Capital raised their price target on Crocs from $110.00 to $125.00 and gave the company a "buy" rating in a report on Tuesday, April 1st. Finally, StockNews.com downgraded shares of Crocs from a "buy" rating to a "hold" rating in a report on Thursday, February 20th. Three research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $139.21.

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.