20,953 Shares in Fossil Group, Inc. (NASDAQ:FOSL) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new position in Fossil Group, Inc. (NASDAQ:FOSL) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 20,953 shares of the accessories brand company’s stock, valued at approximately $35,000.

Separately, LVW Advisors LLC purchased a new stake in shares of Fossil Group in the fourth quarter worth about $100,000. 61.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Fossil Group from a “hold” rating to a “buy” rating in a report on Saturday, March 15th.

Fossil Group Trading Down 0.7 %

Fossil Group stock opened at $0.97 on Monday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.10 and a current ratio of 1.81. Fossil Group, Inc. has a fifty-two week low of $0.75 and a fifty-two week high of $2.61. The stock has a market cap of $51.84 million, a P/E ratio of -0.42 and a beta of 2.17. The firm’s fifty day moving average price is $1.38 and its 200-day moving average price is $1.48.

Fossil Group (NASDAQ:FOSL) last posted its earnings results on Wednesday, March 12th. The accessories brand company reported $0.39 EPS for the quarter. Fossil Group had a negative return on equity of 40.95% and a negative net margin of 10.07%. The business had revenue of $342.30 million during the quarter.

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.