Fossil Group Inc (NASDAQ:FOSL) Institutional Investors Sentiment Index Improved in Q4 2016

August 15, 2017 - By Clifton Ray

Sentiment for Fossil Group Inc (NASDAQ:FOSL)

Fossil Group Inc (NASDAQ:FOSL) institutional sentiment increased to 1.62 in 2016 Q4. Its up 0.41, from 1.21 in 2016Q3. The ratio is positive, as 105 investment managers increased and started new holdings, while 65 reduced and sold holdings in Fossil Group Inc. The investment managers in our partner’s database now hold: 45.64 million shares, up from 44.98 million shares in 2016Q3. Also, the number of investment managers holding Fossil Group Inc in their top 10 holdings decreased from 2 to 1 for a decrease of 1. Sold All: 21 Reduced: 44 Increased: 71 New Position: 34.

Fossil Group, Inc. is a design, marketing and distribution firm that specializes in consumer fashion accessories. The company has market cap of $390.12 million. The Company’s divisions include Americas, Europe and Asia. It currently has negative earnings. Each segment includes sales to wholesale and distributor customers, and sales through the Company-owned retail stores and e-commerce activities based on the location of the selling entity.

About 3.33M shares traded or 10.63% up from the average. Fossil Group Inc (NASDAQ:FOSL) has declined 54.09% since August 15, 2016 and is downtrending. It has underperformed by 70.79% the S&P500.

Pacifica Capital Investments Llc holds 4.64% of its portfolio in Fossil Group Inc for 360,750 shares. Underhill Investment Management Llc owns 305,650 shares or 4.58% of their US portfolio. Moreover, Clearline Capital Lp has 2.95% invested in the company for 251,085 shares. The Alabama-based Vulcan Value Partners Llc has invested 2.62% in the stock. Irving Magee Investment Management, a Pennsylvania-based fund reported 198,528 shares.#img1#

Since January 1, 0001, it had 0 buys, and 3 selling transactions for $23.79 million activity.

Fossil Group Inc (NASDAQ:FOSL) Ratings Coverage

Ratings analysis reveals 18% of Fossil’s analysts are positive. Out of 17 Wall Street analysts rating Fossil, 3 give it “Buy”, 5 “Sell” rating, while 9 recommend “Hold”. The lowest target is $700 while the high is $90. The stock’s average target of $35.53 is 332.76% above today’s ($8.21) share price. FOSL was included in 48 notes of analysts from August 7, 2015. The firm has “Buy” rating given on Wednesday, May 11 by Topeka Capital Markets. The firm earned “Underperform” rating on Thursday, October 27 by Buckingham Research. As per Wednesday, November 16, the company rating was upgraded by KeyBanc Capital Markets. Mizuho downgraded the shares of FOSL in report on Friday, February 10 to “Underperform” rating. The firm earned “Market Perform” rating on Friday, August 7 by Telsey Advisory Group. The stock of Fossil Group Inc (NASDAQ:FOSL) earned “Hold” rating by Nomura on Friday, August 14. The firm has “Underperform” rating given on Friday, November 13 by Bank of America. Jefferies maintained Fossil Group Inc (NASDAQ:FOSL) rating on Tuesday, July 4. Jefferies has “Hold” rating and $1600 target. Mizuho maintained it with “Neutral” rating and $25 target in Friday, November 4 report. Jefferies maintained the stock with “Hold” rating in Wednesday, August 9 report.

More notable recent Fossil Group Inc (NASDAQ:FOSL) news were published by: Globenewswire.com which released: “Fossil Group, Inc. Appoints Gail B. Tifford to Its Board of Directors” on July 26, 2017, also Nasdaq.com with their article: “Can Fossil Group (FOSL) Pull a Surprise in Q2 Earnings?” published on August 04, 2017, Seekingalpha.com published: “Fossil Group (FOSL) Q2 2017 Results - Earnings Call Transcript” on August 09, 2017. More interesting news about Fossil Group Inc (NASDAQ:FOSL) were released by: Streetinsider.com and their article: “Fossil Group (FOSL) Names Jeffrey N. Boyer as CFO” published on August 14, 2017 as well as Fool.com‘s news article titled: “Why NVIDIA, Dillard’s, and Fossil Group Slumped Today” with publication date: August 11, 2017.

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