Dimensional Fund Advisors LP grew its stake in shares of Crocs, Inc. (NASDAQ:CROX) by 12.5% in the third quarter, HoldingsChannel.com reports. The fund owned 3,972,770 shares of the textile maker’s stock after acquiring an additional 440,746 shares during the quarter. Dimensional Fund Advisors LP owned 0.06% of Crocs worth $38,536,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. UBS Asset Management Americas Inc. grew its position in shares of Crocs by 0.3% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 30,036 shares of the textile maker’s stock valued at $232,000 after acquiring an additional 98 shares during the period. The Manufacturers Life Insurance Company grew its position in shares of Crocs by 2.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 61,071 shares of the textile maker’s stock valued at $471,000 after acquiring an additional 1,553 shares during the period. Public Employees Retirement System of Ohio grew its position in shares of Crocs by 12.0% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 14,814 shares of the textile maker’s stock valued at $114,000 after acquiring an additional 1,586 shares during the period. Thrivent Financial For Lutherans grew its position in shares of Crocs by 7.6% during the 2nd quarter. Thrivent Financial For Lutherans now owns 44,470 shares of the textile maker’s stock valued at $343,000 after acquiring an additional 3,160 shares during the period. Finally, Principal Financial Group Inc. grew its position in shares of Crocs by 0.6% during the 2nd quarter. Principal Financial Group Inc. now owns 563,500 shares of the textile maker’s stock valued at $4,345,000 after acquiring an additional 3,391 shares during the period. 91.94% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have recently weighed in on CROX. Zacks Investment Research raised shares of Crocs from a “sell” rating to a “buy” rating and set a $15.00 target price for the company in a research report on Tuesday. Pivotal Research reissued a “hold” rating and set a $13.00 target price (up from $10.00) on shares of Crocs in a research report on Wednesday. BidaskClub raised shares of Crocs from a “hold” rating to a “buy” rating in a research report on Thursday. Buckingham Research downgraded shares of Crocs from a “neutral” rating to an “underperform” rating in a research report on Friday, January 5th. Finally, Piper Jaffray Companies set a $12.00 target price on shares of Crocs and gave the company a “hold” rating in a research report on Monday. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company’s stock. Crocs has an average rating of “Hold” and an average target price of $10.67.

Crocs, Inc. (CROX) opened at $13.61 on Friday. The company has a market cap of $937.03, a P/E ratio of -43.90, a P/E/G ratio of 2.96 and a beta of 0.43. Crocs, Inc. has a fifty-two week low of $5.93 and a fifty-two week high of $14.30.

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Crocs 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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