Richard Cote Sells 1600 Shares of Movado Group, Inc (MOV) Stock

The company reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $0.86 by $0.18. Institutional investors and hedge funds own 63.86% of the company's stock. About 2.26M shares traded or 150.65% up from the average. It has outperformed by 7.46% the S&P500.

D-C-Capital Advisors Ltd decreased Movado Group Inc (MOV) stake by 50% reported in 2017Q3 SEC filing. The institutional investor held 50,000 shares of the consumer specialties company at the end of 2017Q3, valued at $1.40 million, down from 100,000 at the end of the previous reported quarter. D-C-Capital Advisors Ltd who had been investing in Movado Group Inc for a number of months, seems to be less bullish one the $766.20 million market cap company.

In related news, Director Richard Cote sold 1,600 shares of the company's stock in a transaction on Tuesday, January 23rd. (NYSE:MOV) news were published by: Streetinsider.com which released: "Form 4 MOVADO GROUP INC For: Jan 23 Filed by: COTE RICHARD" on January 24, 2018. It has underperformed by 9.89% the S&P500. PNC Financial Services Group Inc. now owns 4,855 shares of the company's stock valued at $122,000 after purchasing an additional 78 shares in the last quarter.

Movado Group (NYSE:MOV) last announced its earnings results on Tuesday, November 21st. They expect $0.25 earnings per share, up 13.64% or $0.03 from last year's $0.22 per share. MOV's profit will be $5.74M for 33.20 P/E if the $0.25 EPS becomes a reality. After $1.04 actual EPS reported by Movado Group, Inc. for the previous quarter, Wall Street now forecasts -75.96% negative EPS growth. Its up 0.68, from 0.95 in 2017Q2. The correct version of this article can be accessed at https://baseballnewssource.com/markets/richard-cote-sells-1600-shares-of-movado-group-inc-mov-stock/1863691.html. Rothschild Investment Il holds 6,898 shares or 0.14% of its portfolio. Ny State Teachers Retirement Sys accumulated 55,728 shares. Bridgeway Cap Mngmt has invested 0.02% in Movado Group, Inc. Mason Street Advisors Limited Com has invested 0% of its portfolio in Movado Group, Inc. Conestoga Capital Advisors Limited Liability owns 2,330 shares for 0.01% of their portfolio.

COPYRIGHT VIOLATION NOTICE: "Movado Group (NYSE:MOV) Earning Somewhat Favorable News Coverage, Study Finds" was originally reported by Week Herald and is the property of of Week Herald. During the same period in the previous year, the business earned $0.91 earnings per share. Northern Trust, Illinois-based fund reported 468,733 shares.

Air Products & Chemicals (APD) Receives Daily Media Impact Rating of 0.16
The New Jersey-based Dumont And Blake Invest Advsr Limited Liability Com has invested 0.47% in Air Products and Chemicals, Inc. Creative Planning's holdings in Air Products & Chemicals were worth $1,576,000 at the end of the most recent reporting period.

Illinois Tool Works (ITW) PT Raised to $168.00 at JPMorgan Chase & Co
The Automotive OEM segment produces plastic and metal components, fasteners, and assemblies for automotive-related applications. Jim Chanos increased its stake in Toyota Motor Corp (TM) by 2.02% based on its latest 2017Q3 regulatory filing with the SEC.

Anthem, Inc. (ANTM) Analysts See $1.25 EPS
The company has a market capitalization of $64,960.00, a PE ratio of 22.65, a PEG ratio of 1.72 and a beta of 0.79. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases.

MOV has been the subject of several other reports. State Of Tennessee Treasury Department reported 0% of its portfolio in Movado Group, Inc. 165,200 were accumulated by Duquesne Family Office Ltd Co. 221,700 were accumulated by Ariel Invs Ltd Company. (NYSE:MOV). Teton Advsrs Inc accumulated 0.17% or 65,000 shares. One analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Movado Group designs, manufactures and distributes watches from ten of the most recognized and respected names in time: Movado, Concord, EBEL and ESQ Movado along with their Coach, HUGO BOSS, Juicy Couture, Lacoste, Tommy Hilfiger and Scuderia Ferrari licensed watch brands. The rating was maintained by Cowen & Co on Tuesday, November 21 with "Hold". The firm has "Sell" rating by Zacks given on Thursday, August 27. The firm has "Neutral" rating by Sidoti given on Thursday, December 15. The stock of Movado Group, Inc. KeyCorp restated a "hold" rating on shares of Movado Group in a research note on Wednesday, October 11th. The stock presently has an average rating of "Buy" and an average price target of $30.33. (NYSE:MOV) earned "Buy" rating by Sidoti on Friday, February 19. (NYSE:MOV) on Tuesday, November 21 with "Hold" rating.

Since September 5, 2017, it had 0 insider buys, and 5 sales for $515,404 activity. Shares for $68,560 were sold by PHALEN MIRIAM GRINBERG on Tuesday, September 19. (NYSE:MOV) on Wednesday, October 11 with "Hold" rating. Insiders sold a total of 12,851 shares of company stock worth $395,342 over the last 90 days. $255,845 worth of Movado Group, Inc. About 1.09 million shares traded or 24.34% up from the average. (NYSE:MOV) for 2,903 shares. $11.29 million worth of Mastercard Incorporated (NYSE:MA) shares were sold by Mastercard Foundation.

Among 10 analysts covering Fox Factory Holding Corp.

Among 37 analysts covering Mastercard Incorporated (NYSE:MA), 34 have Buy rating, 0 Sell and 3 Hold. Therefore 48% are positive. Movado Group had a return on equity of 8.34% and a net margin of 4.35%. The stock has "Neutral" rating by Wedbush on Friday, April 29. Finally, ValuEngine raised shares of Movado Group from a "hold" rating to a "buy" rating in a research report on Sunday, December 31st. The rating was downgraded by C.L. King to "Hold" on Thursday, June 1.

Investors sentiment increased to 0.99 in Q3 2017. Its up 0.24, from 0.75 in 2017Q2. It dived, as 11 investors sold FOXF shares while 44 reduced holdings. 54 funds opened positions while 187 raised stakes. Morgan Stanley maintained the shares of AKAM in report on Wednesday, October 28 with "Equal-Weight" rating. (NASDAQ:AKAM). State Of Wisconsin Board holds 0.02% of its portfolio in Akamai Technologies, Inc. Principal Financial Group Inc. now owns 117,851 shares of the company's stock valued at $2,976,000 after purchasing an additional 367 shares in the last quarter. Thompson Davis Inc holds 0.08% or 1,000 shares in its portfolio. M&T Bank Corporation stated it has 500,204 shares. It also reduced its holding in Intel Corp (NASDAQ:INTC) by 15,028 shares in the quarter, leaving it with 767,042 shares, and cut its stake in American Airls Group Inc (NASDAQ:AAL). Lord Abbett And Ltd Liability Corp holds 136,958 shares. Fifth Third National Bank & Trust has invested 0% in Fox Factory Holding Corp (NASDAQ:FOXF).

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