Fort Washington Investment Advisors Inc. OH Purchases 46,890 Shares of Crocs, Inc. (NASDAQ:CROX)

Fort Washington Investment Advisors Inc. OH raised its position in Crocs, Inc. (NASDAQ:CROX) by 34.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 184,670 shares of the textile maker’s stock after acquiring an additional 46,890 shares during the period. Fort Washington Investment Advisors Inc. OH owned about 0.32% of Crocs worth $20,227,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Financial Management Professionals Inc. lifted its position in shares of Crocs by 11,200.0% in the third quarter. Financial Management Professionals Inc. now owns 226 shares of the textile maker’s stock worth $33,000 after purchasing an additional 224 shares in the last quarter. UMB Bank n.a. lifted its position in Crocs by 64.9% during the 3rd quarter. UMB Bank n.a. now owns 305 shares of the textile maker’s stock worth $44,000 after buying an additional 120 shares in the last quarter. V Square Quantitative Management LLC boosted its stake in shares of Crocs by 83.0% during the 3rd quarter. V Square Quantitative Management LLC now owns 313 shares of the textile maker’s stock worth $45,000 after buying an additional 142 shares during the last quarter. Avior Wealth Management LLC grew its holdings in shares of Crocs by 109.5% in the 3rd quarter. Avior Wealth Management LLC now owns 398 shares of the textile maker’s stock valued at $58,000 after acquiring an additional 208 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Crocs in the third quarter valued at about $73,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

Crocs Stock Performance

Shares of NASDAQ CROX opened at $102.64 on Thursday. Crocs, Inc. has a one year low of $94.50 and a one year high of $165.32. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.43 and a quick ratio of 0.90. The firm has a market cap of $5.98 billion, a price-to-earnings ratio of 7.44, a P/E/G ratio of 1.74 and a beta of 1.95. The stock’s fifty day moving average price is $107.46 and its two-hundred day moving average price is $123.54.

Crocs (NASDAQ:CROX) last released its quarterly earnings results on Tuesday, October 29th. The textile maker reported $3.60 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.50. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.05 billion. Crocs had a net margin of 20.50% and a return on equity of 49.70%. Crocs’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period last year, the firm earned $3.25 earnings per share. On average, equities analysts forecast that Crocs, Inc. will post 12.93 EPS for the current year.

Insider Activity

In related news, CFO Susan L. Healy acquired 1,000 shares of the company’s stock in a transaction on Wednesday, November 13th. The stock was purchased at an average cost of $99.70 per share, with a total value of $99,700.00. Following the acquisition, the chief financial officer now directly owns 22,652 shares of the company’s stock, valued at approximately $2,258,404.40. The trade was a 4.62 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John B. Replogle purchased 2,240 shares of the firm’s stock in a transaction that occurred on Wednesday, October 30th. The stock was bought at an average price of $112.60 per share, for a total transaction of $252,224.00. Following the transaction, the director now directly owns 9,304 shares of the company’s stock, valued at $1,047,630.40. This trade represents a 31.71 % increase in their position. The disclosure for this purchase can be found here. 2.72% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Raymond James cut Crocs from an “outperform” rating to a “market perform” rating in a research report on Wednesday, October 30th. Guggenheim reissued a “buy” rating and issued a $155.00 target price on shares of Crocs in a research note on Friday, December 6th. Barclays dropped their price target on shares of Crocs from $164.00 to $125.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Needham & Company LLC assumed coverage on shares of Crocs in a research report on Friday, November 22nd. They issued a “buy” rating and a $116.00 price objective for the company. Finally, KeyCorp dropped their target price on shares of Crocs from $155.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, Crocs has an average rating of “Moderate Buy” and a consensus price target of $148.80.

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.