The director of Farmers & Merchants Bancorp, Inc. (FMAO), Steven Everhart Sold 2,000 Shares; Fossil Group (FOSL) Sentiment Is 1.03

March 20, 2018 - By Hugh Holland

Fossil Group, Inc., together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories. The company has market cap of $586.54 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.

2,000 shares of Farmers & Merchants Bancorp Inc were sold by Steven Everhart, the company’s director. The shares are valued at close to $84,420 which has been calculated on the basis of the average transactions stock price ($42.2 for a share). Right now, he has rights to a total of 19,580 shares or 0.21% of the company’s market capitalization.

The stock increased 0.84% or $0.359 during the last trading session, reaching $42.959. About 13,433 shares traded or 18.08% up from the average. Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) has 0.00% since March 20, 2017 and is . It has underperformed by 16.70% the S&P500.

Since October 10, 2017, it had 0 buys, and 1 insider sale for $48,984 activity. 1,256 shares valued at $48,984 were sold by EVERHART STEVEN on Tuesday, October 10.

Investors sentiment decreased to 1.71 in Q3 2017. Its down 6.54, from 8.25 in 2017Q2. It worsened, as 2 investors sold Farmers & Merchants Bancorp, Inc. shares while 2 reduced holdings. 10 funds opened positions while 23 raised stakes. 2.50 million shares or 254.47% more from 704,450 shares in 2017Q2 were reported. Legal General Grp Public Ltd Llc holds 2,270 shares. Strs Ohio owns 1,300 shares for 0% of their portfolio. Ontario – Canada-based Royal Bank Of Canada has invested 0% in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO). Northern Tru reported 88,528 shares. Ameritas Prtnrs holds 389 shares or 0% of its portfolio. Goldman Sachs Group accumulated 7,071 shares. Rhumbline Advisers invested in 9,758 shares. Blackrock holds 388,887 shares. Tower Rech Cap Lc (Trc), New York-based fund reported 665 shares. Schwab Charles Mgmt holds 15,200 shares. Citigroup stated it has 0% in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO). Deutsche Bancorporation Ag reported 14,393 shares. Amer Gp Incorporated invested in 10,433 shares. Ny State Common Retirement Fund, a New York-based fund reported 9,600 shares. Wells Fargo & Mn owns 1,320 shares or 0% of their US portfolio.

Farmers & Merchants Bancorp, Inc. operates as the bank holding firm for The Farmers & Merchants State Bank that provides commercial banking, retail banking, and other financial services and products to individuals and small businesses in northwest Ohio and northeast Indiana. The company has market cap of $398.05 million. The firm offers checking accounts; savings and time deposits, including certificates of deposits; and custodial services for individual retirement accounts and health savings accounts. It has a 31.24 P/E ratio. It also provides commercial, agricultural, and residential mortgage, as well as consumer and credit card lending products; loans for farm land, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvements loans; and loans for autos, trucks, recreational vehicles, and motorcycles.

Analysts await Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) to report earnings on April, 18. They expect $0.38 earnings per share, up 22.58% or $0.07 from last year’s $0.31 per share. FMAO’s profit will be $3.52 million for 28.26 P/E if the $0.38 EPS becomes a reality. After $0.37 actual earnings per share reported by Farmers & Merchants Bancorp, Inc. for the previous quarter, Wall Street now forecasts 2.70% EPS growth.

The stock decreased 0.19% or $0.02 during the last trading session, reaching $12.06. About 886,511 shares traded. Fossil Group, Inc. (FOSL) has declined 54.09% since March 20, 2017 and is downtrending. It has underperformed by 70.79% the S&P500.

Analysts await Fossil Group, Inc. (NASDAQ:FOSL) to report earnings on May, 8. They expect $-0.98 EPS, down 180.00% or $0.63 from last year’s $-0.35 per share. After $0.64 actual EPS reported by Fossil Group, Inc. for the previous quarter, Wall Street now forecasts -253.13% negative EPS growth.

Pacifica Capital Investments Llc holds 6.83% of its portfolio in Fossil Group, Inc. for 1.40 million shares. Ancient Art L.P. owns 1.57 million shares or 2.74% of their US portfolio. Moreover, Southpoint Capital Advisors Lp has 0.82% invested in the company for 2.15 million shares. The Ohio-based Winslow Asset Management Inc has invested 0.74% in the stock. Contrarius Investment Management Ltd, a Jersey-based fund reported 1.11 million shares.

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 107.30% above today’s ($12.06) share price. FOSL was included in 6 notes of analysts from October 27, 2016. Mizuho maintained it with “Neutral” rating and $25.0 target in Friday, November 4 report. The rating was initiated by Buckingham Research with “Underperform” on Thursday, October 27. The firm has “Market Perform” rating by Telsey Advisory given on Friday, November 4. The rating was downgraded by Wells Fargo to “Underperform” on Wednesday, February 15. The firm has “Overweight” rating given on Wednesday, November 16 by KeyBanc Capital Markets. On Monday, November 21 the stock rating was upgraded by Piper Jaffray to “Neutral”.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:

Recent Market News