Fossil Group INC (FOSL) Market Valuation Declined While Ancient Art LP Raised by $3.04 Million Its Position

March 14, 2018 - By Vivian Park

Investors sentiment decreased to 1.22 in Q3 2017. Its down 0.62, from 1.84 in 2017Q2. It turned negative, as 36 investors sold FOSL shares while 33 reduced holdings. 21 funds opened positions while 63 raised stakes. 44.08 million shares or 13.27% less from 50.82 million shares in 2017Q2 were reported. Commerzbank Aktiengesellschaft Fi reported 548,529 shares stake. Glenmede Tru Com Na owns 0% invested in Fossil Group, Inc. (NASDAQ:FOSL) for 24 shares. Southpoint Capital Advisors LP reported 0.82% stake. California Public Employees Retirement reported 415,119 shares. Menta Cap Limited Liability Com owns 82,307 shares. Mason Street Limited Company stated it has 0% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL). Capital Fund invested in 0% or 13,303 shares. Moreover, Morgan Stanley has 0% invested in Fossil Group, Inc. (NASDAQ:FOSL) for 110,719 shares. Federated Invsts Pa accumulated 169,795 shares. Schwab Charles Mgmt Inc has 0% invested in Fossil Group, Inc. (NASDAQ:FOSL). Sg Americas Securities Ltd Liability Co holds 0.02% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL) for 272,877 shares. Systematic Management Limited Partnership holds 155,305 shares or 0.03% of its portfolio. Pinebridge Investments LP holds 70,739 shares or 0.02% of its portfolio. Louisiana State Employees Retirement Sys, a Louisiana-based fund reported 17,500 shares. Comerica State Bank holds 0% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL) for 47,606 shares.

Since March 6, 2018, it had 0 insider buys, and 2 sales for $5.68 million activity.

Quincy Lee increased its stake in Fossil Group Inc (FOSL) by 27.47% based on its latest 2017Q3 regulatory filing with the SEC. Ancient Art Lp bought 337,502 shares as the company’s stock declined 40.42% while stock markets rallied. The hedge fund run by Quincy Lee held 1.57M shares of the consumer non-durables company at the end of 2017Q3, valued at $14.61M, up from 1.23M at the end of the previous reported quarter. Ancient Art Lp who had been investing in Fossil Group Inc for a number of months, seems to be bullish on the $574.02 million market cap company. The stock decreased 6.20% or $0.78 during the last trading session, reaching $11.8. About 2.76 million shares traded. Fossil Group, Inc. (NASDAQ:FOSL) has declined 54.09% since March 14, 2017 and is downtrending. It has underperformed by 70.79% the S&P500.

More notable recent Fossil Group, Inc. (NASDAQ:FOSL) news were published by: which released: “Why Fossil Group Inc. Stock Skyrocketed Wednesday” on February 14, 2018, also with their article: “Fossil Group, Inc. Reports Fourth Quarter and Fiscal Year 2017 Results” published on February 13, 2018, published: “Fossil shares skyrocket, is short covering to blame?” on February 14, 2018. More interesting news about Fossil Group, Inc. (NASDAQ:FOSL) were released by: and their article: “Fossil Group Inc (FOSL) Files 10-K for the Fiscal Year Ended on December 31, 2017” published on March 02, 2018 as well as‘s news article titled: “Why Fossil Group Stock Gained 68.1% in February” with publication date: March 08, 2018.

Fossil Group, Inc. (NASDAQ:FOSL) Ratings Coverage

Among 17 analysts covering Fossil (NASDAQ:FOSL), 3 have Buy rating, 6 Sell and 8 Hold. Therefore 18% are positive. Fossil had 56 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Fossil Group, Inc. (NASDAQ:FOSL) has “Underperform” rating given on Wednesday, February 14 by Buckingham Research. The firm has “Market Perform” rating given on Thursday, October 22 by Wells Fargo. Piper Jaffray maintained it with “Underweight” rating and $46.0 target in Monday, October 5 report. The firm earned “Hold” rating on Thursday, September 14 by Jefferies. Telsey Advisory Group maintained the shares of FOSL in report on Friday, November 4 with “Market Perform” rating. As per Thursday, February 16, the company rating was maintained by Mizuho. The rating was maintained by S&P Research on Thursday, August 13 with “Buy”. The firm has “Market Perform” rating given on Wednesday, February 15 by Telsey Advisory Group. The stock of Fossil Group, Inc. (NASDAQ:FOSL) has “Neutral” rating given on Wednesday, August 9 by Buckingham Research. The rating was upgraded by KeyBanc Capital Markets on Thursday, August 20 to “Sector Weight”.

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