Fossil Group, Inc. (NASDAQ:FOSL) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC grew its holdings in shares of Fossil Group, Inc. (NASDAQ:FOSL) by 102.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 57,023 shares of the accessories brand company’s stock after purchasing an additional 28,882 shares during the period. SG Americas Securities LLC’s holdings in Fossil Group were worth $83,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FOSL. Ameriprise Financial Inc. boosted its stake in shares of Fossil Group by 139.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,535,703 shares of the accessories brand company’s stock worth $3,164,000 after acquiring an additional 893,665 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of Fossil Group during the 3rd quarter worth approximately $2,671,000. Norges Bank purchased a new stake in shares of Fossil Group during the 4th quarter worth approximately $1,851,000. Dimensional Fund Advisors LP boosted its stake in shares of Fossil Group by 26.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,910,485 shares of the accessories brand company’s stock worth $6,113,000 after acquiring an additional 403,673 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Fossil Group by 1,781.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 422,705 shares of the accessories brand company’s stock worth $2,185,000 after acquiring an additional 400,239 shares in the last quarter. Institutional investors and hedge funds own 61.14% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Fossil Group from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd.

Fossil Group Trading Up 9.0 %

FOSL stock opened at $0.85 on Friday. Fossil Group, Inc. has a 52 week low of $0.76 and a 52 week high of $3.61. The company has a market cap of $44.63 million, a price-to-earnings ratio of -0.28 and a beta of 2.04. The company has a quick ratio of 1.34, a current ratio of 2.08 and a debt-to-equity ratio of 0.82. The business has a fifty day simple moving average of $0.97 and a 200-day simple moving average of $1.24.

Fossil Group (NASDAQ:FOSL) last released its quarterly earnings data on Wednesday, March 13th. The accessories brand company reported ($0.30) EPS for the quarter. The firm had revenue of $421.30 million during the quarter. Fossil Group had a negative return on equity of 37.90% and a negative net margin of 11.12%.

Fossil Group Company Profile

Fossil Group, Inc, together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories in the United States, Europe, Asia, and internationally. The company's products include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts, and sunglasses.