Mirae Asset Global Investments Co. Ltd. Has $75,000 Stock Holdings in Crocs, Inc. (NASDAQ:CROX)

Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Crocs, Inc. (NASDAQ:CROX) by 50.0% in the first quarter, according to its most recent filing with the SEC. The firm owned 708 shares of the textile maker’s stock after acquiring an additional 236 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Crocs were worth $75,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Crocs by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 5,477,574 shares of the textile maker’s stock valued at $599,959,000 after buying an additional 47,576 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of Crocs by 1,516.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,326,564 shares of the textile maker’s stock valued at $145,299,000 after buying an additional 1,244,480 shares during the period. Fuller & Thaler Asset Management Inc. grew its holdings in shares of Crocs by 49.0% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 1,308,402 shares of the textile maker’s stock valued at $143,309,000 after buying an additional 429,994 shares during the period. Geode Capital Management LLC grew its holdings in shares of Crocs by 1.4% in the 4th quarter. Geode Capital Management LLC now owns 1,064,644 shares of the textile maker’s stock valued at $116,644,000 after buying an additional 15,037 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Crocs by 9.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,046,600 shares of the textile maker’s stock valued at $114,632,000 after buying an additional 89,647 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

Crocs Trading Up 0.7%

Shares of NASDAQ:CROX opened at $107.50 on Monday. The company’s 50-day moving average price is $104.64 and its two-hundred day moving average price is $103.31. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.52 and a quick ratio of 0.97. Crocs, Inc. has a one year low of $86.11 and a one year high of $151.13. The stock has a market capitalization of $6.03 billion, a PE ratio of 6.59, a price-to-earnings-growth ratio of 2.23 and a beta of 1.38.

Crocs (NASDAQ:CROX) last issued its quarterly earnings results on Thursday, May 8th. The textile maker reported $3.00 EPS for the quarter, topping the consensus estimate of $2.51 by $0.49. Crocs had a net margin of 23.35% and a return on equity of 43.07%. The firm had revenue of $937.33 million for the quarter, compared to analysts’ expectations of $907.07 million. During the same period in the previous year, the firm posted $3.02 EPS. The company’s revenue for the quarter was down .1% on a year-over-year basis. On average, equities analysts forecast that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CROX has been the subject of several research analyst reports. Barclays decreased their price target on shares of Crocs from $122.00 to $119.00 and set an “overweight” rating for the company in a report on Friday, May 9th. Stifel Nicolaus decreased their price target on shares of Crocs from $138.00 to $127.00 and set a “buy” rating for the company in a report on Thursday, April 10th. Loop Capital boosted their price objective on shares of Crocs from $110.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, April 1st. Bank of America cut their price objective on shares of Crocs from $140.00 to $135.00 and set a “buy” rating on the stock in a research report on Monday, June 30th. Finally, Needham & Company LLC boosted their price objective on shares of Crocs from $118.00 to $129.00 and gave the company a “buy” rating in a research report on Thursday, May 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, Crocs currently has an average rating of “Moderate Buy” and a consensus price target of $135.13.

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 shares were sold at an average price of $115.89, for a total value of $352,769.16. Following the sale, the director directly owned 27,505 shares of the company’s stock, valued at approximately $3,187,554.45. This represents a 9.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.72% of the stock is owned by company insiders.

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.