Continental Advisors Upped Kroger Co (KR) Stake; Fossil Group, Inc. (FOSL) Covered By 3 Bulls

February 20, 2018 - By Darrin Black

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. Macquarie Research downgraded it to “Underperform” rating and $34 target in Wednesday, March 16 report. Wells Fargo initiated the stock with “Market Perform” rating in Thursday, October 22 report. As per Wednesday, February 15, the company rating was downgraded by Wells Fargo. The company was upgraded on Monday, November 21 by PiperJaffray. The rating was maintained by Topeka Capital Markets with “Buy” on Monday, November 16. Mizuho maintained the shares of FOSL in report on Wednesday, May 11 with “Neutral” rating. Evercore downgraded Fossil Group, Inc. (NASDAQ:FOSL) on Wednesday, February 1 to “Hold” rating. The company was maintained on Friday, August 14 by Nomura. The firm earned “Hold” rating on Wednesday, February 14 by Jefferies. Topeka Capital Markets maintained Fossil Group, Inc. (NASDAQ:FOSL) on Wednesday, May 11 with “Buy” rating. See Fossil Group, Inc. (NASDAQ:FOSL) latest ratings:

14/02/2018 Broker: Jefferies Rating: Hold New Target: $16.0 Maintain
14/02/2018 Broker: Buckingham Research Old Rating: Neutral New Rating: Underperform Old Target: $5 New Target: $8 Maintain
14/02/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $15 New Target: $25 Maintain
08/11/2017 Broker: Bank of America Rating: Underperform Old Target: $7 New Target: $4 Maintain
08/11/2017 Broker: Buckingham Research Rating: Neutral Old Target: $9 New Target: $5 Maintain
08/11/2017 Broker: KeyBanc Capital Markets Rating: Overweight Old Target: $24 New Target: $15 Maintain
11/10/2017 Broker: Piper Jaffray Rating: Hold New Target: $10.0 Maintain
14/09/2017 Broker: Jefferies Rating: Hold New Target: $13.0 Maintain

Continental Advisors Llc increased Kroger Co (KR) stake by 248.42% reported in 2017Q3 SEC filing. Continental Advisors Llc acquired 118,000 shares as Kroger Co (KR)’s stock declined 14.05%. The Continental Advisors Llc holds 165,500 shares with $3.32M value, up from 47,500 last quarter. Kroger Co now has $24.23B valuation. The stock decreased 4.18% or $1.2 during the last trading session, reaching $27.49. About 11.70 million shares traded or 5.60% up from the average. The Kroger Co. (NYSE:KR) has declined 16.08% since February 20, 2017 and is downtrending. It has underperformed by 32.78% the S&P500.

Investors sentiment decreased to 1.22 in Q3 2017. Its down 0.62, from 1.84 in 2017Q2. It worsened, as 36 investors sold Fossil Group, Inc. 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. Macquarie stated it has 32,600 shares or 0% of all its holdings. Delaware-based Riverhead Capital Management Limited Liability Co has invested 0% in Fossil Group, Inc. (NASDAQ:FOSL). Fincl Bank Of America Corporation De owns 86,838 shares. State Common Retirement Fund has 43,400 shares. Legal General Gru Public Limited Liability has invested 0% in Fossil Group, Inc. (NASDAQ:FOSL). State Of Alaska Department Of Revenue invested in 8,325 shares. Nationwide Fund Advisors holds 56,621 shares or 0% of its portfolio. Royal National Bank Of Canada invested in 4,912 shares or 0% of the stock. Goldman Sachs Grp Incorporated has invested 0% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL). Sg Americas Securities Ltd Liability Co accumulated 272,877 shares or 0.02% of the stock. Principal Financial Inc holds 325,669 shares. Aperio Group Lc accumulated 21,244 shares. Sei Invests stated it has 0% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL). Qs Ltd Co holds 62 shares or 0% of its portfolio. Wells Fargo And Mn owns 478,453 shares for 0% of their portfolio.

The stock decreased 5.82% or $0.845 during the last trading session, reaching $13.67. About 5.51M shares traded or 88.89% up from the average. Fossil Group, Inc. (NASDAQ:FOSL) has declined 54.09% since February 20, 2017 and is downtrending. It has underperformed by 70.79% the S&P500.

Fossil Group, Inc., together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories. The company has market cap of $663.38 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 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.

Investors sentiment decreased to 0.88 in 2017 Q3. Its down 0.12, from 1 in 2017Q2. It worsened, as 94 investors sold KR shares while 232 reduced holdings. 91 funds opened positions while 196 raised stakes. 688.12 million shares or 3.98% more from 661.79 million shares in 2017Q2 were reported. Fort Washington Oh holds 892,887 shares or 0.28% of its portfolio. Nuveen Asset Mgmt Limited Liability Corp reported 49,656 shares. Moreover, Boston Common Asset Mgmt Limited Liability Co has 0.09% invested in The Kroger Co. (NYSE:KR). 508,959 were reported by Old Mutual Global (Uk) Ltd. Moreover, Cadence Lc has 0.18% invested in The Kroger Co. (NYSE:KR) for 145,855 shares. Credit Suisse Ag owns 1.14 million shares. United Kingdom-based Investec Asset has invested 0.01% in The Kroger Co. (NYSE:KR). Quantitative Invest Mngmt Lc invested in 0.1% or 441,200 shares. Plante Moran Advsr Llc accumulated 1,155 shares or 0.01% of the stock. Virtu Limited Co owns 0% invested in The Kroger Co. (NYSE:KR) for 35,560 shares. Symons Cap accumulated 373,121 shares. Century Cos accumulated 10,181 shares or 0% of the stock. Cap Investment Counsel stated it has 27,507 shares or 0.24% of all its holdings. Cranbrook Wealth Management Ltd Liability has 960 shares for 0.01% of their portfolio. Emerald Advisers Incorporated Pa invested 0.05% of its portfolio in The Kroger Co. (NYSE:KR).

Among 35 analysts covering Kroger (NYSE:KR), 17 have Buy rating, 0 Sell and 18 Hold. Therefore 49% are positive. Kroger had 102 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Neutral” rating by PiperJaffray given on Wednesday, December 14. The firm earned “Neutral” rating on Thursday, May 12 by Credit Suisse. The firm has “Hold” rating given on Thursday, October 12 by UBS. Citigroup maintained the stock with “Buy” rating in Tuesday, December 26 report. On Friday, December 2 the stock rating was downgraded by Pivotal Research to “Hold”. The rating was maintained by BMO Capital Markets on Tuesday, August 15 with “Hold”. The firm has “Buy” rating by Goldman Sachs given on Tuesday, July 26. Citigroup maintained The Kroger Co. (NYSE:KR) rating on Monday, August 29. Citigroup has “Buy” rating and $43 target. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, March 23. The company was maintained on Monday, August 28 by RBC Capital Markets.

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