Skandinaviska Enskilda Banken AB publ lifted its position in Crocs, Inc. (NASDAQ:CROX) by 24.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,399,970 shares of the textile maker’s stock after purchasing an additional 271,391 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned about 2.01% of Crocs worth $13,580,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Tudor Investment Corp ET AL bought a new position in shares of Crocs in the second quarter worth $100,000. BlueCrest Capital Management Ltd bought a new position in shares of Crocs in the second quarter worth $110,000. State of Alaska Department of Revenue increased its holdings in shares of Crocs by 79.0% in the second quarter. State of Alaska Department of Revenue now owns 14,623 shares of the textile maker’s stock worth $112,000 after purchasing an additional 6,453 shares during the period. Public Employees Retirement System of Ohio increased its holdings in shares of Crocs by 12.0% in the second quarter. Public Employees Retirement System of Ohio now owns 14,814 shares of the textile maker’s stock worth $114,000 after purchasing an additional 1,586 shares during the period. Finally, Piedmont Investment Advisors LLC bought a new position in shares of Crocs in the second quarter worth $124,000. 92.02% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have recently weighed in on CROX. CL King cut shares of Crocs from a “buy” rating to a “neutral” rating in a report on Monday, November 20th. Zacks Investment Research raised shares of Crocs from a “sell” rating to a “hold” rating in a report on Wednesday, November 15th. ValuEngine raised shares of Crocs from a “sell” rating to a “hold” rating in a report on Monday, November 13th. Pivotal Research began coverage on shares of Crocs in a report on Thursday, October 5th. They issued a “hold” rating and a $9.50 price target on the stock. Finally, BidaskClub cut shares of Crocs from a “buy” rating to a “hold” rating in a report on Thursday, August 24th. Nine investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $8.75.

Crocs, Inc. (NASDAQ CROX) opened at $10.75 on Friday. Crocs, Inc. has a 1 year low of $5.93 and a 1 year high of $11.23.

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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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