Fossil Group Inc Institutional Investor Sentiment Worsened in Q1 2019

Fossil Group, Inc. (NASDAQ:FOSL) Logo

Sentiment for Fossil Group Inc (NASDAQ:FOSL)

Fossil Group Inc (NASDAQ:FOSL) institutional sentiment decreased to 1.19 in Q1 2019. Its down -0.24, from 1.43 in 2018Q4. The ratio is negative, as 82 institutional investors started new and increased positions, while 69 decreased and sold stakes in Fossil Group Inc. The institutional investors in our partner’s database now have: 52.80 million shares, up from 50.66 million shares in 2018Q4. Also, the number of institutional investors holding Fossil Group Inc in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 23 Reduced: 46 Increased: 56 New Position: 26.

Fossil Group, Inc., together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories. The company has market cap of $637.35 million. The companyÂ’s principal products include a line of men's and women's fashion watches and jewelry, handbags, small leather goods, belts, sunglasses, and soft accessories. It has a 20.4 P/E ratio. It offers its products under its proprietary brands, such as FOSSIL, MICHELE, MISFIT, RELIC, SKAGEN, and ZODIAC, as well as under the licensed brands, including ADIDAS, ARMANI EXCHANGE, BURBERRY, CHAPS, DIESEL, DKNY, EMPORIO ARMANI, KARL LAGERFELD, KATE SPADE NEW YORK, MARC JACOBS, MICHAEL KORS, and TORY BURCH.

The stock decreased 1.70% or $0.24 during the last trading session, reaching $13.56. About 796,159 shares traded. Fossil Group, Inc. (NASDAQ:FOSL) has declined 56.02% since September 11, 2018 and is downtrending. It has underperformed by 56.02% the S&P500.

Analysts await Fossil Group, Inc. (NASDAQ:FOSL) to report earnings on November, 6. They expect $0.40 EPS, up 110.53 % or $0.21 from last year’s $0.19 per share. FOSL’s profit will be $18.80 million for 8.48 P/E if the $0.40 EPS becomes a reality. After $-0.04 actual EPS reported by Fossil Group, Inc. for the previous quarter, Wall Street now forecasts -1,100.00 % EPS growth.

Contrarius Investment Management Ltd holds 3.44% of its portfolio in Fossil Group, Inc. for 4.80 million shares. Winslow Asset Management Inc owns 482,006 shares or 1.39% of their US portfolio. Moreover, Matarin Capital Management Llc has 0.68% invested in the company for 681,598 shares. The New York-based Spark Investment Management Llc has invested 0.36% in the stock. Trexquant Investment Lp, a Connecticut-based fund reported 226,265 shares.

Since January 1, 0001, it had 3 buys, and 0 selling transactions for $2.26 million activity.

More notable recent Fossil Group, Inc. (NASDAQ:FOSL) news were published by: Nasdaq.com which released: “Nordstrom (JWN) Stock Rallies 12% on Earnings Beat in Q2 – Nasdaq” on August 22, 2019, also Nasdaq.com with their article: “Notable Wednesday Option Activity: FOSL, COST, KRA – Nasdaq” published on August 07, 2019, Seekingalpha.com published: “Fossil: How Restructuring Is Unlocking Value For Shareholders – Seeking Alpha” on August 27, 2019. More interesting news about Fossil Group, Inc. (NASDAQ:FOSL) were released by: Nasdaq.com and their article: “7 Valuable Low Price-to-Sales Picks for a Rewarding Portfolio – Nasdaq” published on September 10, 2019 as well as Seekingalpha.com‘s news article titled: “Fossil +9% after insider buying action – Seeking Alpha” with publication date: August 26, 2019.

Fossil Group, Inc. (NASDAQ:FOSL) Institutional Positions Chart

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