30,903 Shares in Crocs, Inc. (NASDAQ:CROX) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Crocs, Inc. (NASDAQ:CROX - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 30,903 shares of the textile maker's stock, valued at approximately $3,385,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Crocs at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in CROX. Allianz SE bought a new stake in Crocs during the 4th quarter valued at $53,000. Ameriflex Group Inc. bought a new stake in shares of Crocs during the fourth quarter valued at about $54,000. TD Waterhouse Canada Inc. raised its stake 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 valued at $74,000 after purchasing an additional 549 shares in the last quarter. Jones Financial Companies Lllp lifted 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. Finally, Whipplewood Advisors LLC bought a new position in Crocs in the 4th quarter valued at about $96,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Ian Bickley sold 3,044 shares of the company's stock in a transaction dated 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 sale, the director now owns 27,505 shares in the company, valued at approximately $3,187,554.45. This represents a 9.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.00% of the stock is owned by corporate insiders.

Crocs Stock Down 3.1%

NASDAQ:CROX traded down $3.16 during trading hours on Wednesday, hitting $99.01. 1,627,745 shares of the company's stock traded hands, compared to its average volume of 1,511,514. The stock's fifty day moving average price is $102.11 and its two-hundred day moving average price is $104.22. The firm has a market cap of $5.55 billion, a P/E ratio of 6.19, a P/E/G ratio of 1.80 and a beta of 1.41. 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, Inc. has a twelve month low of $86.11 and a twelve month high of $165.32.

Crocs (NASDAQ:CROX - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The textile maker reported $3.00 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.51 by $0.49. Crocs had a net margin of 23.16% and a return on equity of 46.27%. The business had revenue of $937.33 million during the quarter, compared to analyst estimates of $907.07 million. During the same period in the prior year, the firm earned $3.02 earnings per share. The firm's revenue was down .1% compared to the same quarter last year. On average, research analysts expect that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CROX has been the topic of a number of recent analyst reports. Robert W. Baird dropped their price target on shares of Crocs from $180.00 to $150.00 and set an "outperform" rating on the stock in a research report on Monday, February 10th. Loop Capital boosted their target price on Crocs from $110.00 to $125.00 and gave the stock a "buy" rating in a report on Tuesday, April 1st. Needham & Company LLC upped their target price on Crocs from $118.00 to $129.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Stifel Nicolaus lowered their price target on Crocs from $138.00 to $127.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Finally, Barclays dropped their price objective on Crocs from $122.00 to $119.00 and set an "overweight" rating on the stock in a research note on Friday, May 9th. Three investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average 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.