Oz Management LP Has Trimmed Its Fossil Group (FOSL) Holding; Last Week Berkshire Hills Bancorp, Inc. (BHLB) Analysts

September 14, 2018 - By Catherine Smith

Fossil Group, Inc. (NASDAQ:FOSL) Logo

Oz Management Lp decreased Fossil Group Inc (FOSL) stake by 76.13% reported in 2018Q2 SEC filing. Oz Management Lp sold 269,812 shares as Fossil Group Inc (FOSL)’s stock declined 15.17%. The Oz Management Lp holds 84,588 shares with $2.27 million value, down from 354,400 last quarter. Fossil Group Inc now has $1.20B valuation. The stock decreased 1.10% or $0.27 during the last trading session, reaching $24.34. About 929,251 shares traded. Fossil Group, Inc. (NASDAQ:FOSL) has risen 200.37% since September 14, 2017 and is uptrending. It has outperformed by 184.75% the S&P500. Some Historical FOSL News: 14/03/2018 RIATA CAPITAL GROUP NAMES FOSSIL GROUP’S ERIC ANDERSON CEO; 08/05/2018 – Huge pop in $FOSL. They report earnings after the close.. guessing they got leaked?; 08/05/2018 – Fossil 1Q Loss $48.3M; 20/04/2018 – DJ Fossil Group Inc, Inst Holders, 1Q 2018 (FOSL); 08/05/2018 – Fossil Group Sees 2018 Net Sales in Down 12% to Down 5%; 25/04/2018 – Puma Signs Partnership With Fossil Group for Watches; 24/05/2018 – Mark R. Belgya Elected to Fossil Group, Inc. Board of Directors; 25/04/2018 – FOSSIL GROUP INC FOSL.O – FOSSIL GROUP, INC. AND PUMA SE SIGNED A GLOBAL LICENSE PARTNERSHIP AGREEMENT; 14/05/2018 – Pacifica Capital Investments LLC Exits Position in Fossil; 08/05/2018 – FOSSIL 1Q LOSS/SHR 99C

Among 4 analysts covering Berkshire Hills (NYSE:BHLB), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Berkshire Hills had 4 analyst reports since June 8, 2018 according to SRatingsIntel. The firm has “Hold” rating given on Friday, June 8 by Piper Jaffray. The rating was downgraded by Compass Point to “Sell” on Tuesday, June 12. The firm has “Market Perform” rating given on Monday, July 23 by Wood. The stock of Berkshire Hills Bancorp, Inc. (NYSE:BHLB) earned “Neutral” rating by Cowen & Co on Thursday, July 19. See Berkshire Hills Bancorp, Inc. (NYSE:BHLB) latest ratings:

23/07/2018 Broker: Wood Old Rating: Outperform New Rating: Market Perform Old Target: $33 Downgrade
19/07/2018 Broker: Cowen & Co Old Rating: Sell New Rating: Neutral Upgrade
12/06/2018 Broker: Compass Point Rating: Sell New Target: $38.0000 Downgrade
08/06/2018 Broker: Piper Jaffray Rating: Hold New Target: $43.5000 Downgrade

Berkshire Hills Bancorp, Inc. provides retail and commercial banking, wealth management and investment, and insurance services. The company has market cap of $1.92 billion. The firm operates through two divisions, Banking and Insurance. It has a 23.9 P/E ratio. It offers various deposit accounts, including interest-bearing and noninterest-bearing checking demand, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as residential mortgages, commercial real estate, commercial and industrial, and consumer loans.

Since April 27, 2018, it had 1 insider purchase, and 1 sale for $44,673 activity. Another trade for 1,500 shares valued at $63,798 was made by Carroll Michael D. on Tuesday, June 12. Another trade for 500 shares valued at $19,125 was bought by Bossidy Paul T.

Investors sentiment increased to 1.29 in Q2 2018. Its up 0.01, from 1.28 in 2018Q1. It improved, as 16 investors sold Berkshire Hills Bancorp, Inc. shares while 54 reduced holdings. 38 funds opened positions while 52 raised stakes. 34.19 million shares or 9.07% more from 31.35 million shares in 2018Q1 were reported. Tiaa Cref Mgmt Ltd Liability Co reported 158,992 shares. Raymond James has 23,336 shares for 0% of their portfolio. Los Angeles Management And Equity Research Inc reported 38,589 shares. Foundry Prns Lc holds 0.29% or 174,406 shares. Regions Corp holds 3,418 shares or 0% of its portfolio. Bluecrest Cap Mngmt Ltd stated it has 0.01% of its portfolio in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Moneta Gp Investment Limited reported 0% in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Mason Street Advsr Ltd Liability Company holds 0.01% in Berkshire Hills Bancorp, Inc. (NYSE:BHLB) or 10,625 shares. Moreover, State Of Tennessee Treasury Department has 0% invested in Berkshire Hills Bancorp, Inc. (NYSE:BHLB) for 24,170 shares. Brandywine Glob Invest Mgmt Llc has invested 0.03% in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Ny State Teachers Retirement System holds 15,289 shares. Piedmont Investment Advsrs Limited Com has 0.02% invested in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Howe & Rusling holds 57 shares or 0% of its portfolio. Farmers & Merchants Invs holds 228 shares. Clover Prns Ltd Partnership owns 80,000 shares.

The stock increased 1.68% or $0.7 during the last trading session, reaching $42.35. About 120,419 shares traded. Berkshire Hills Bancorp, Inc. (NYSE:BHLB) has risen 21.63% since September 14, 2017 and is uptrending. It has outperformed by 6.01% the S&P500. Some Historical BHLB News: 23/04/2018 – Berkshire Hills Bancorp 1Q Rev $115M; 23/04/2018 – BERKSHIRE HILLS BANCORP INC QTRLY CORE SHR $0.65; 27/04/2018 – CEO Daly Gifts 786 Of Berkshire Hills Bancorp Inc; 21/05/2018 – Detailed Research: Economic Perspectives on CBL & Associates Properties, Covenant Transportation Group, Mitek, Comtech Telecomm; 13/04/2018 – Berkshire Bncrp: Berkshire Bank Celebrates National Volunteer Week 04.13.18; 14/05/2018 – KBRA Assigns BBB+ Senior Unsecured Debt Rating for Berkshire Hills Bancorp, Inc; 23/04/2018 – BERKSHIRE HILLS 1Q CORE EPS 65C, EST. 64C; 23/03/2018 Berkshire Hills Closes Below 50-Day Moving Average: Technicals; 17/05/2018 – Berkshire Hills Closes Above 50-Day Moving Average: Technicals; 30/04/2018 – Berkshire Hills Presenting at Conference May 9

Another recent and important Berkshire Hills Bancorp, Inc. (NYSE:BHLB) news was published by Bizjournals.com which published an article titled: “Analyst: Chase poses ‘significant, long-term threat to Boston banks'” on August 29, 2018.

Investors sentiment decreased to 1.1 in Q2 2018. Its down 0.21, from 1.31 in 2018Q1. It worsened, as 27 investors sold FOSL shares while 43 reduced holdings. 30 funds opened positions while 47 raised stakes. 42.13 million shares or 4.17% less from 43.96 million shares in 2018Q1 were reported. State Of Alaska Department Of Revenue invested 0.01% in Fossil Group, Inc. (NASDAQ:FOSL). Gsa Cap Prns Llp holds 0.04% or 30,600 shares in its portfolio. Hanseatic Mgmt Service has invested 0% in Fossil Group, Inc. (NASDAQ:FOSL). Gemmer Asset Limited Liability Corp has 0% invested in Fossil Group, Inc. (NASDAQ:FOSL). State Board Of Administration Of Florida Retirement holds 0% or 23,879 shares in its portfolio. Morgan Stanley owns 299,338 shares. Blackrock has invested 0.01% in Fossil Group, Inc. (NASDAQ:FOSL). Tower Rech Cap Ltd Liability Corp (Trc) reported 0.01% stake. Hsbc Public Limited Liability has 0% invested in Fossil Group, Inc. (NASDAQ:FOSL). Ameritas Prtnrs Inc holds 3,623 shares or 0% of its portfolio. 172,235 were accumulated by Indexiq Limited Liability Company. Quinn Opportunity Ptnrs Limited Liability Company reported 15,000 shares stake. Teachers Retirement Sys Of The State Of Kentucky has 0% invested in Fossil Group, Inc. (NASDAQ:FOSL). The New York-based Oz Mgmt Lp has invested 0.01% in Fossil Group, Inc. (NASDAQ:FOSL). Proshare Advisors Ltd Liability Corporation stated it has 7,582 shares.

Oz Management Lp increased Herbalife Ltd (Prn) stake by 22.21 million shares to 68.96 million valued at $89.20 million in 2018Q2. It also upped Nxp Semiconductors N V (NASDAQ:NXPI) stake by 7.52M shares and now owns 7.55M shares. Tesla Inc (Prn) was raised too.

More important recent Fossil Group, Inc. (NASDAQ:FOSL) news were published by: Nasdaq.com which released: “Qualcomm Announces Snapdragon Wear 3100 Smartwatch Processor” on September 11, 2018, also Nasdaq.com published article titled: “4 Reasonably-Priced Wearables Stocks to Strap On Today”, Seekingalpha.com published: “The Case For And Against Fossil” on September 06, 2018. More interesting news about Fossil Group, Inc. (NASDAQ:FOSL) was released by: Fool.com and their article: “Why Fossil Group Stock Fell 14% in August” with publication date: September 04, 2018.

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

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