Washington Trust Bank Has Raised Starbucks (SBUX) Stake By $978,120; Fossil Group (FOSL) Has 1.31 Sentiment

Starbucks Corporation (NASDAQ:SBUX) Logo

Fossil Group Inc (FOSL) investors sentiment increased to 1.31 in Q1 2018. It’s up 0.28, from 1.03 in 2017Q4. The ratio improved, as 81 funds increased or opened new equity positions, while 62 reduced and sold their equity positions in Fossil Group Inc. The funds in our database reported: 43.96 million shares, down from 47.10 million shares in 2017Q4. Also, the number of funds holding Fossil Group Inc in top ten equity positions decreased from 2 to 1 for a decrease of 1. Sold All: 21 Reduced: 41 Increased: 47 New Position: 34.

Washington Trust Bank increased Starbucks Corp (SBUX) stake by 13.29% reported in 2018Q1 SEC filing. Washington Trust Bank acquired 17,160 shares as Starbucks Corp (SBUX)’s stock rose 1.31%. The Washington Trust Bank holds 146,281 shares with $8.47 million value, up from 129,121 last quarter. Starbucks Corp now has $78.81B valuation. The stock increased 0.16% or $0.09 during the last trading session, reaching $57.11. About 12.41M shares traded or 52.71% up from the average. Starbucks Corporation (NASDAQ:SBUX) has declined 7.92% since June 18, 2017 and is downtrending. It has underperformed by 20.49% the S&P500. Some Historical SBUX News: ; 07/05/2018 – Nestle Bets $7 Billion on Starbucks to Revive Its Coffee Sales; 04/05/2018 – Behind the Design of the Starbucks Mermaid Logo (Video); 05/03/2018 ALBERTSONS COMPANIES – JIM DONALD IS FORMER PRESIDENT AND CEO OF STARBUCKS; 15/05/2018 – Starbucks Plans to Reach 200 Reserve Bar Stores By End of FY18; 07/05/2018 – STARBUCKS, NESTLE FORM GLOBAL COFFEE ALLIANCE; 26/04/2018 – Young people are dumping Starbucks ahead of earnings; 26/04/2018 – SBUX NOT SEEING COMP SALES IMPACT FROM PHILADELPHIA ARRESTS; 29/03/2018 – CALIFORNIA JUDGE RULES AGAINST STARBUCKS, OTHER COFFEE COMPANIES IN CANCER WARNING LABEL LAWSUIT; 01/05/2018 – For the first time in 16 years, Starbucks is adding two new Frappuccinos to its permanent menu; 18/04/2018 – Zuckerberg should look to Starbucks CEO Kevin Johnson on how to handle a crisis: Management guru

Since January 31, 2018, it had 0 insider buys, and 3 sales for $13.62 million activity. Shares for $3.60 million were sold by WEATHERUP CRAIG on Tuesday, March 13. BURROWS CLIFFORD sold $9.28 million worth of stock or 162,826 shares. ULLMAN MYRON E III sold $740,851 worth of Starbucks Corporation (NASDAQ:SBUX) on Monday, March 12.

Washington Trust Bank decreased Ecolab Inc (NYSE:ECL) stake by 2,880 shares to 1,294 valued at $177,000 in 2018Q1. It also reduced Us Bancorp (NYSE:USB) stake by 6,448 shares and now owns 398,206 shares. Select Sector Spdr (XLP) was reduced too.

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Seekingalpha.com which released: “Starbucks launches new prepaid Visa product” on June 11, 2018, also Nasdaq.com with their article: “Canadian Consumers Boycotting American Goods Is a Big Nothing Burger” published on June 15, 2018, Usatoday.com published: “Starbucks tops Apple in mobile payments: A Foolish Take” on June 16, 2018. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Seekingalpha.com and their article: “Starbucks lifts coffee prices in the US” published on June 07, 2018 as well as Seekingalpha.com‘s news article titled: “Anti-bias training day at Starbucks” with publication date: May 29, 2018.

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 23 have Buy rating, 0 Sell and 14 Hold. Therefore 62% are positive. Starbucks Corporation has $75.0 highest and $52 lowest target. $65.27’s average target is 14.29% above currents $57.11 stock price. Starbucks Corporation had 108 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Friday, April 27 by Piper Jaffray. Wedbush downgraded the shares of SBUX in report on Wednesday, June 14 to “Neutral” rating. The firm has “Buy” rating given on Monday, March 12 by J.P. Morgan. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Market Perform” rating by Cowen & Co on Friday, April 13. The firm has “Buy” rating by UBS given on Friday, October 30. On Friday, January 26 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was maintained by William Blair with “Outperform” on Friday, January 26. UBS maintained the stock with “Buy” rating in Wednesday, June 28 report. On Wednesday, September 21 the stock rating was initiated by Longbow with “Buy”. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, July 24 report.

Investors sentiment decreased to 0.93 in 2018 Q1. Its down 0.12, from 1.05 in 2017Q4. It dived, as 61 investors sold SBUX shares while 485 reduced holdings. 118 funds opened positions while 391 raised stakes. 955.12 million shares or 2.87% less from 983.38 million shares in 2017Q4 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 335,136 shares or 0.18% of the stock. Panagora Asset Incorporated holds 0.01% or 36,784 shares. Riverpark Ltd Com holds 25,175 shares or 0.28% of its portfolio. 42 were accumulated by Delta Asset Management Ltd Liability Tn. Rnc Cap Ltd Liability Co holds 15,109 shares. 4,170 are held by Cutler Inv Counsel Limited Liability. Goodwin Daniel L holds 0.1% or 3,500 shares. Massachusetts-based Bright Rock Management Lc has invested 1.91% in Starbucks Corporation (NASDAQ:SBUX). The New Jersey-based Bessemer Incorporated has invested 0.01% in Starbucks Corporation (NASDAQ:SBUX). Trust Department Mb Bancorporation N A has invested 0.94% in Starbucks Corporation (NASDAQ:SBUX). Goldman Sachs Group reported 9.06 million shares. Hbk Sorce Advisory Limited Liability Co has invested 0.15% in Starbucks Corporation (NASDAQ:SBUX). Vision Cap Management reported 1.39% in Starbucks Corporation (NASDAQ:SBUX). Washington-based Sonata Gru has invested 0.47% in Starbucks Corporation (NASDAQ:SBUX). Moreover, Tarbox Family Office Incorporated has 0.09% invested in Starbucks Corporation (NASDAQ:SBUX).

Ratings analysis reveals 17% of Fossil’s analysts are positive. Out of 6 Wall Street analysts rating Fossil, 1 give it “Buy”, 2 “Sell” rating, while 3 recommend “Hold”. The lowest target is $23.0 while the high is $27.0. The stock’s average target of $25 is -15.23% below today’s ($29.49) share price. FOSL was included in 6 notes of analysts from October 27, 2016. Telsey Advisory maintained the stock with “Market Perform” rating in Friday, November 4 report. Wells Fargo downgraded the shares of FOSL in report on Wednesday, February 15 to “Underperform” rating. Mizuho maintained the stock with “Neutral” rating in Friday, November 4 report. The stock of Fossil Group, Inc. (NASDAQ:FOSL) has “Neutral” rating given on Monday, November 21 by Piper Jaffray. On Wednesday, November 16 the stock rating was upgraded by KeyBanc Capital Markets to “Overweight”. Buckingham Research initiated the stock with “Underperform” rating in Thursday, October 27 report.

More recent Fossil Group, Inc. (NASDAQ:FOSL) news were published by: Fool.com which released: “Why Fossil Group, Companhia Siderurgica Nacional, and Immunomedics Jumped Today” on June 04, 2018. Also Nasdaq.com published the news titled: “Mark R. Belgya Elected to Fossil Group, Inc. Board of Directors” on May 24, 2018. Investorplace.com‘s news article titled: “The 5 Hottest Small-Cap Stocks Of 2018” with publication date: June 08, 2018 was also an interesting one.

Ancient Art L.P. holds 3.29% of its portfolio in Fossil Group, Inc. for 1.30 million shares. Contrarius Investment Management Ltd owns 4.72 million shares or 2.86% of their US portfolio. Moreover, Scge Management L.P. has 0.96% invested in the company for 650,000 shares. The Ohio-based Winslow Asset Management Inc has invested 0.84% in the stock. Spark Investment Management Llc, a New York-based fund reported 505,900 shares.

Since January 1, 0001, it had 0 buys, and 2 selling transactions for $5.68 million activity.

Fossil Group, Inc., together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories. The company has market cap of $1.45 billion. 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.

The stock increased 2.22% or $0.64 during the last trading session, reaching $29.49. About 1.41M shares traded. Fossil Group, Inc. (FOSL) has risen 74.05% since June 18, 2017 and is uptrending. It has outperformed by 61.48% the S&P500. Some Historical FOSL News: ; 08/05/2018 – Huge pop in $FOSL. They report earnings after the close.. guessing they got leaked?; 08/05/2018 – FOSSIL 1Q LOSS/SHR 99C; 08/05/2018 – Fossil Group Sees 2018 Loss Before Income Taxes of $40M to Loss $50M; 08/05/2018 – Fossil Group Plans to Begin Distribution of Puma Watches in 2019; 24/05/2018 – FOSSIL GROUP INC – WITH BELGYA’S ELECTION, CO’S BOARD CONSISTS OF 9 MEMBERS; 08/05/2018 – Fossil Group Provides 2Q Guidance and Updates Fiscal 2018 Guidance; 25/04/2018 – Puma Signs Partnership With Fossil Group for Watches; 25/04/2018 – FOSSIL GROUP INC FOSL.O – FOSSIL GROUP, INC. AND PUMA SE SIGNED A GLOBAL LICENSE PARTNERSHIP AGREEMENT; 08/05/2018 – FOSSIL 1Q LOSS/SHR 99C, EST. LOSS/SHR 96C; 20/04/2018 – DJ Fossil Group Inc, Inst Holders, 1Q 2018 (FOSL)

Analysts await Fossil Group, Inc. (NASDAQ:FOSL) to report earnings on August, 14. They expect $-0.41 earnings per share, down 78.26% or $0.18 from last year’s $-0.23 per share. After $-0.99 actual earnings per share reported by Fossil Group, Inc. for the previous quarter, Wall Street now forecasts -58.59% EPS growth.

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