Dimensional Fund Advisors LP boosted its position in shares of Crocs, Inc. (NASDAQ:CROX) by 9.3% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,594,913 shares of the textile maker’s stock after buying an additional 220,190 shares during the period. Dimensional Fund Advisors LP’s holdings in Crocs were worth $18,346,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. BNP Paribas Arbitrage SA boosted its position in shares of Crocs by 1.7% in the first quarter. BNP Paribas Arbitrage SA now owns 20,543 shares of the textile maker’s stock worth $145,000 after buying an additional 336 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in shares of Crocs by 1.4% in the first quarter. Louisiana State Employees Retirement System now owns 30,000 shares of the textile maker’s stock worth $212,000 after buying an additional 400 shares in the last quarter. Arizona State Retirement System boosted its position in shares of Crocs by 1.3% in the first quarter. Arizona State Retirement System now owns 38,388 shares of the textile maker’s stock worth $271,000 after buying an additional 500 shares in the last quarter. Prudential Financial Inc. boosted its position in shares of Crocs by 0.6% in the first quarter. Prudential Financial Inc. now owns 125,415 shares of the textile maker’s stock worth $887,000 after buying an additional 750 shares in the last quarter. Finally, Mason Street Advisors LLC boosted its position in shares of Crocs by 7.2% in the first quarter. Mason Street Advisors LLC now owns 17,231 shares of the textile maker’s stock worth $122,000 after buying an additional 1,160 shares in the last quarter. Hedge funds and other institutional investors own 90.18% of the company’s stock.

Crocs, Inc. (NASDAQ CROX) traded up 3.48% on Friday, hitting $9.21. 3,414,626 shares of the stock traded hands. The company’s market cap is $660.92 million. The stock has a 50-day moving average price of $7.82 and a 200 day moving average price of $7.01. Crocs, Inc. has a 1-year low of $5.93 and a 1-year high of $9.54.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Wednesday, August 9th. The textile maker reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.12. Crocs had a negative net margin of 0.91% and a negative return on equity of 3.36%. The business had revenue of $313.20 million during the quarter, compared to the consensus estimate of $311.33 million. During the same quarter last year, the firm posted $0.16 EPS. Crocs’s revenue was down 3.3% compared to the same quarter last year. On average, analysts anticipate that Crocs, Inc. will post ($0.03) EPS for the current fiscal year.

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A number of research analysts recently issued reports on the stock. BidaskClub upgraded shares of Crocs from a “hold” rating to a “buy” rating in a report on Friday. ValuEngine upgraded shares of Crocs from a “sell” rating to a “hold” rating in a report on Friday. B. Riley restated a “neutral” rating and set a $8.00 price objective on shares of Crocs in a report on Saturday, May 13th. Piper Jaffray Companies restated a “hold” rating and set a $9.00 price objective on shares of Crocs in a report on Wednesday. Finally, Zacks Investment Research cut shares of Crocs from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. Crocs presently has a consensus rating of “Hold” and a consensus target price of $8.25.

Crocs Company Profile

Crocs, Inc is engaged in the design, development, manufacturing, marketing, distribution and sale of casual lifestyle footwear and accessories for men, women, and children. The Company’s segments include Americas, Asia Pacific and Europe. Its products include footwear and accessories that utilize its closed-cell resin, called Croslite, as well as casual lifestyle footwear that use a range of materials.

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Institutional Ownership by Quarter for Crocs (NASDAQ:CROX)

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