OZ Management LP purchased a new stake in Crocs, Inc. (NASDAQ:CROX) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 39,923 shares of the textile maker’s stock, valued at approximately $850,000. OZ Management LP owned 0.06% of Crocs as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. NumerixS Investment Technologies Inc acquired a new position in shares of Crocs in the 2nd quarter valued at $137,000. Harvest Fund Management Co. Ltd acquired a new position in shares of Crocs in the 3rd quarter valued at $171,000. Aperio Group LLC acquired a new position in shares of Crocs in the 2nd quarter valued at $179,000. Amalgamated Bank acquired a new position in shares of Crocs in the 2nd quarter valued at $195,000. Finally, Nomura Holdings Inc. acquired a new position in shares of Crocs in the 2nd quarter valued at $204,000.

CROX has been the subject of several research analyst reports. Zacks Investment Research raised shares of Crocs from a “hold” rating to a “strong-buy” rating and set a $20.00 price target for the company in a report on Wednesday, August 8th. Piper Jaffray Companies set a $31.00 price target on shares of Crocs and gave the company a “buy” rating in a report on Tuesday. UBS Group raised shares of Crocs to a “neutral” rating in a report on Monday, November 12th. Pivotal Research reissued a “buy” rating and issued a $21.00 price target on shares of Crocs in a report on Tuesday, August 7th. Finally, BidaskClub raised shares of Crocs from a “buy” rating to a “strong-buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Crocs has an average rating of “Buy” and an average price target of $19.43.

Shares of NASDAQ CROX opened at $27.30 on Wednesday. The firm has a market capitalization of $1.86 billion, a P/E ratio of -1,365.00, a P/E/G ratio of 5.60 and a beta of 0.64. Crocs, Inc. has a 1-year low of $10.53 and a 1-year high of $29.80.

Crocs (NASDAQ:CROX) last announced its earnings results on Thursday, November 8th. The textile maker reported $0.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.02) by $0.09. The firm had revenue of $261.10 million during the quarter, compared to analyst estimates of $246.47 million. Crocs had a net margin of 3.08% and a return on equity of 17.27%. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.03) EPS. Analysts predict that Crocs, Inc. will post 0.35 earnings per share for the current year.

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Crocs 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.

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Institutional Ownership by Quarter for Crocs (NASDAQ:CROX)

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