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EPS for Fossil Group, Inc. (FOSL) Expected At $-0.98; Adirondack Research & Management Lowered By $1.76 Million Its Mgic Invt Wis (MTG) Holding

MGIC Investment Corporation (NYSE:MTG) Logo

Analysts expect Fossil Group, Inc. (NASDAQ:FOSL) to report $-0.98 EPS on May, 8.They anticipate $0.63 EPS change or 180.00% from last quarter’s $-0.35 EPS. After having $0.64 EPS previously, Fossil Group, Inc.’s analysts see -253.13% EPS growth. The stock increased 2.02% or $0.3 during the last trading session, reaching $15.17. About 720,250 shares traded. Fossil Group, Inc. (NASDAQ:FOSL) has declined 25.27% since April 16, 2017 and is downtrending. It has underperformed by 36.82% the S&P500.

Adirondack Research & Management Inc decreased Mgic Invt Corp Wis (MTG) stake by 23.62% reported in 2017Q4 SEC filing. Adirondack Research & Management Inc sold 125,600 shares as Mgic Invt Corp Wis (MTG)’s stock declined 11.07%. The Adirondack Research & Management Inc holds 406,100 shares with $5.73M value, down from 531,700 last quarter. Mgic Invt Corp Wis now has $4.01 billion valuation. The stock increased 0.46% or $0.05 during the last trading session, reaching $10.82. About 1.69M shares traded. MGIC Investment Corporation (NYSE:MTG) has risen 30.58% since April 16, 2017 and is uptrending. It has outperformed by 19.03% the S&P500.

Investors sentiment decreased to 1.03 in Q4 2017. Its down 0.19, from 1.22 in 2017Q3. It is negative, as 26 investors sold Fossil Group, Inc. shares while 41 reduced holdings. 27 funds opened positions while 42 raised stakes. 47.10 million shares or 6.85% more from 44.08 million shares in 2017Q3 were reported. Landscape Capital Limited Liability Com reported 15,098 shares. Investec Asset Limited invested 0.01% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL). Numeric Invsts Limited Co has invested 0.01% in Fossil Group, Inc. (NASDAQ:FOSL). Pacad Invest stated it has 200 shares. Natl Bank Of Mellon holds 0% or 498,358 shares in its portfolio. Sei reported 726 shares. First Manhattan Com stated it has 0% in Fossil Group, Inc. (NASDAQ:FOSL). Panagora Asset Mngmt Inc holds 0% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL) for 47,152 shares. 4,200 are owned by Riverhead Capital Limited Liability Corp. Guggenheim Capital accumulated 134,193 shares. Stone Ridge Asset Management Llc owns 47,251 shares. Art Advsr, a New York-based fund reported 85,310 shares. New York State Teachers Retirement Systems reported 90,795 shares stake. Rhumbline Advisers invested 0% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL). Legal General Grp Public Llc holds 158,696 shares or 0% of its portfolio.

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 firm has “Neutral” rating by Macquarie Research given on Wednesday, August 12. The firm has “Neutral” rating by Mizuho given on Friday, February 12. On Friday, November 13 the stock rating was maintained by Telsey Advisory Group with “Market Perform”. Piper Jaffray maintained the stock with “Hold” rating in Thursday, July 13 report. The stock of Fossil Group, Inc. (NASDAQ:FOSL) earned “Market Perform” rating by Wells Fargo on Thursday, October 22. The firm has “Market Perform” rating by Telsey Advisory Group given on Friday, November 4. The rating was maintained by Bank of America on Wednesday, November 8 with “Underperform”. Nomura maintained it with “Neutral” rating and $40 target in Friday, November 13 report. As per Wednesday, February 1, the company rating was downgraded by Evercore. The firm earned “Neutral” rating on Wednesday, August 10 by Nomura.

Since March 6, 2018, it had 0 insider buys, and 2 selling transactions for $5.68 million activity. Another trade for 174,552 shares valued at $2.22 million was sold by KARTSOTIS KOSTA N.

Fossil Group, Inc., together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories. The company has market cap of $737.95 million. The company??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 currently has negative earnings. 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.

Analysts await MGIC Investment Corporation (NYSE:MTG) to report earnings on April, 19. They expect $0.36 earnings per share, up 16.13% or $0.05 from last year’s $0.31 per share. MTG’s profit will be $133.52M for 7.51 P/E if the $0.36 EPS becomes a reality. After $0.43 actual earnings per share reported by MGIC Investment Corporation for the previous quarter, Wall Street now forecasts -16.28% negative EPS growth.

Investors sentiment increased to 1.32 in 2017 Q4. Its up 0.17, from 1.15 in 2017Q3. It improved, as 14 investors sold MTG shares while 99 reduced holdings. 53 funds opened positions while 96 raised stakes. 335.64 million shares or 0.76% more from 333.10 million shares in 2017Q3 were reported. Permit Cap Ltd Liability holds 2.83% or 372,500 shares in its portfolio. Moreover, Suntrust Banks has 0% invested in MGIC Investment Corporation (NYSE:MTG). Investec Asset Limited has invested 0.11% in MGIC Investment Corporation (NYSE:MTG). Metropolitan Life Co New York reported 0.02% stake. Bluemountain Mgmt Limited Liability reported 0.04% in MGIC Investment Corporation (NYSE:MTG). Hillsdale has 112,300 shares for 0.26% of their portfolio. Lingohr & Partner Asset Management Gmbh has 0.38% invested in MGIC Investment Corporation (NYSE:MTG) for 51,121 shares. Picton Mahoney Asset Management holds 0.03% or 83,100 shares. Rockefeller Fin Svcs stated it has 163,873 shares or 0.04% of all its holdings. Capstone Advsr Limited Liability owns 0.01% invested in MGIC Investment Corporation (NYSE:MTG) for 19,600 shares. Lord Abbett And Ltd Liability Company holds 0.07% in MGIC Investment Corporation (NYSE:MTG) or 1.63 million shares. 11,212 were reported by Boothbay Fund Ltd Liability Corporation. Vanguard Grp holds 35.99 million shares. Kbc Group Nv has invested 0.01% in MGIC Investment Corporation (NYSE:MTG). Gsa Capital Prns Ltd Liability Partnership accumulated 0.15% or 175,904 shares.

Among 14 analysts covering MGIC Investment Corp. (NYSE:MTG), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. MGIC Investment Corp. had 50 analyst reports since August 12, 2015 according to SRatingsIntel. FBR Capital maintained the shares of MTG in report on Thursday, January 18 with “Buy” rating. FBR Capital maintained the shares of MTG in report on Friday, January 22 with “Mkt Perform” rating. The rating was maintained by FBR Capital with “Outperform” on Monday, February 13. The stock of MGIC Investment Corporation (NYSE:MTG) has “Buy” rating given on Wednesday, July 20 by Compass Point. BTIG Research maintained it with “Buy” rating and $14.0 target in Wednesday, October 18 report. The rating was maintained by Barclays Capital on Wednesday, April 11 with “Overweight”. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Friday, January 19. The rating was maintained by M Partners with “Buy” on Thursday, January 21. BTIG Research maintained the stock with “Buy” rating in Tuesday, November 14 report. The stock of MGIC Investment Corporation (NYSE:MTG) earned “Outperform” rating by Keefe Bruyette & Woods on Monday, October 12.

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

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