Price T Rowe Associates Inc. MD increased its holdings in shares of Crocs, Inc. (NASDAQ:CROX) by 14.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,604 shares of the textile maker’s stock after purchasing an additional 4,600 shares during the quarter. Price T Rowe Associates Inc. MD owned approximately 0.05% of Crocs worth $723,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Los Angeles Capital Management & Equity Research Inc. boosted its stake in Crocs by 127.9% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 57,345 shares of the textile maker’s stock valued at $1,133,000 after buying an additional 32,185 shares during the last quarter. KBC Group NV lifted its stake in shares of Crocs by 4.2% in the 2nd quarter. KBC Group NV now owns 120,818 shares of the textile maker’s stock valued at $2,386,000 after purchasing an additional 4,907 shares during the last quarter. Marshall Wace LLP lifted its stake in shares of Crocs by 11.9% in the 2nd quarter. Marshall Wace LLP now owns 1,946,842 shares of the textile maker’s stock valued at $38,450,000 after purchasing an additional 207,378 shares during the last quarter. Cadence Capital Management LLC lifted its stake in shares of Crocs by 77.9% in the 2nd quarter. Cadence Capital Management LLC now owns 139,525 shares of the textile maker’s stock valued at $2,756,000 after purchasing an additional 61,111 shares during the last quarter. Finally, GAM Holding AG lifted its stake in shares of Crocs by 35.6% in the 2nd quarter. GAM Holding AG now owns 35,288 shares of the textile maker’s stock valued at $697,000 after purchasing an additional 9,262 shares during the last quarter.

CROX traded up $0.03 on Monday, reaching $30.88. 37,903 shares of the stock were exchanged, compared to its average volume of 1,180,271. The company’s 50-day moving average price is $26.44 and its 200 day moving average price is $24.01. Crocs, Inc. has a fifty-two week low of $17.52 and a fifty-two week high of $31.88. The company has a debt-to-equity ratio of 3.03, a current ratio of 1.74 and a quick ratio of 1.22. The firm has a market capitalization of $2.15 billion, a PE ratio of 35.78 and a beta of 0.96.

Crocs (NASDAQ:CROX) last issued its quarterly earnings data on Thursday, August 1st. The textile maker reported $0.55 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.07. Crocs had a return on equity of 47.15% and a net margin of 5.61%. The business had revenue of $358.90 million during the quarter, compared to analysts’ expectations of $360.46 million. During the same quarter in the previous year, the firm posted $0.35 EPS. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. As a group, equities analysts forecast that Crocs, Inc. will post 1.44 earnings per share for the current fiscal year.

Several research firms have recently issued reports on CROX. Zacks Investment Research raised their price objective on Crocs to $32.00 in a research note on Wednesday, September 18th. Robert W. Baird raised Crocs from a “neutral” rating to an “outperform” rating and set a $29.00 price target for the company in a research note on Friday, June 21st. BidaskClub raised Crocs from a “hold” rating to a “buy” rating in a research note on Friday, September 27th. Pivotal Research restated a “buy” rating on shares of Crocs in a report on Friday, August 2nd. Finally, ValuEngine downgraded Crocs from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $31.86.

In other news, Director Doreen A. Wright sold 7,068 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $26.00, for a total value of $183,768.00. Following the completion of the sale, the director now directly owns 55,680 shares in the company, valued at $1,447,680. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.42% of the stock is currently owned by insiders.

Crocs Company Profile

Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women, and children worldwide. It offers various footwear products, including clogs, sandals, flips and slides, shoes, and boots under the Crocs brand name.

Further Reading: Short Selling Stocks and Day Traders

Institutional Ownership by Quarter for Crocs (NASDAQ:CROX)

Receive News & Ratings for Crocs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crocs and related companies with MarketBeat.com's FREE daily email newsletter.