Janus Henderson Group PLC Has $4.13 Million Stake in Crocs, Inc. (NASDAQ:CROX)

Janus Henderson Group PLC raised its stake in shares of Crocs, Inc. (NASDAQ:CROX - Free Report) by 7.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,675 shares of the textile maker's stock after purchasing an additional 2,675 shares during the period. Janus Henderson Group PLC owned 0.06% of Crocs worth $4,127,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Crocs by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 5,477,574 shares of the textile maker's stock valued at $599,959,000 after purchasing an additional 47,576 shares during the last quarter. Pacer Advisors Inc. grew its stake in shares of Crocs by 39.6% in the fourth quarter. Pacer Advisors Inc. now owns 2,037,121 shares of the textile maker's stock worth $223,126,000 after acquiring an additional 577,467 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Crocs by 1,516.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,326,564 shares of the textile maker's stock worth $145,299,000 after acquiring an additional 1,244,480 shares during the last quarter. Fuller & Thaler Asset Management Inc. grew its stake in shares of Crocs by 49.0% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 1,308,402 shares of the textile maker's stock worth $143,309,000 after acquiring an additional 429,994 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Crocs by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 1,064,644 shares of the textile maker's stock worth $116,644,000 after acquiring an additional 15,037 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company's stock.

Crocs Price Performance

Shares of NASDAQ CROX traded down $3.09 during midday trading on Friday, reaching $108.29. 1,608,274 shares of the company traded hands, compared to its average volume of 1,506,750. The firm has a market cap of $6.07 billion, a PE ratio of 6.77, a PEG ratio of 1.80 and a beta of 1.46. The stock's 50-day simple moving average is $102.64 and its 200-day simple moving average is $104.03. Crocs, Inc. has a 12 month low of $86.11 and a 12 month 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 - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The textile maker reported $3.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.51 by $0.49. The company had revenue of $937.33 million during the quarter, compared to analysts' expectations of $907.07 million. Crocs had a return on equity of 46.27% and a net margin of 23.16%. The business's revenue was down .1% on a year-over-year basis. During the same period last year, the business earned $3.02 earnings per share. As a group, equities analysts anticipate that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Crocs

In other Crocs news, Director Ian Bickley sold 3,044 shares of Crocs stock in a transaction on Monday, May 12th. The stock was sold at an average price of $115.89, for a total transaction of $352,769.16. Following the completion of the transaction, the director now directly owns 27,505 shares of the company's stock, valued at approximately $3,187,554.45. This trade represents a 9.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.00% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on CROX. Loop Capital raised 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. UBS Group raised their price objective on shares of Crocs from $122.00 to $132.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 19th. Stifel Nicolaus lowered their price objective on shares of Crocs from $138.00 to $127.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Barclays lowered their price objective on shares of Crocs from $122.00 to $119.00 and set an "overweight" rating on the stock in a research note on Friday, May 9th. Finally, Needham & Company LLC raised their price objective on shares of Crocs from $118.00 to $129.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Three equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to MarketBeat, Crocs currently has a consensus rating of "Moderate Buy" and a consensus price target of $139.79.

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.