Are Analysts Bullish Movado Group, Inc. (NYSE:MOV) After Last Week?

September 16, 2018 - By Ash Maslow

Investors sentiment increased to 1.27 in 2018 Q2. Its up 0.18, from 1.09 in 2018Q1. It improved, as 16 investors sold Movado Group, Inc. shares while 54 reduced holdings. 40 funds opened positions while 49 raised stakes. 15.27 million shares or 5.96% more from 14.41 million shares in 2018Q1 were reported.
Delta Llc owns 6,390 shares. Dimensional Fund Advsr L P has invested 0.03% in Movado Group, Inc. (NYSE:MOV). Ancora Advsrs Ltd invested 0.03% in Movado Group, Inc. (NYSE:MOV). Price T Rowe Assoc Md has 0% invested in Movado Group, Inc. (NYSE:MOV). California State Teachers Retirement holds 24,081 shares. New York State Common Retirement Fund owns 30,137 shares or 0% of their US portfolio. Federated Investors Pa holds 0.01% or 46,759 shares. Bessemer Grp Inc owns 8,100 shares or 0% of their US portfolio. Confluence Mngmt Lc holds 0.13% or 156,413 shares in its portfolio. 471 are owned by Advisory Service Ntwk Llc. Citigroup holds 0% of its portfolio in Movado Group, Inc. (NYSE:MOV) for 4,941 shares. Hl Fincl Services Limited Company accumulated 6,598 shares or 0.01% of the stock. Vanguard Grp Incorporated Inc owns 0% invested in Movado Group, Inc. (NYSE:MOV) for 1.64 million shares. Pub Employees Retirement Association Of Colorado holds 6,147 shares or 0% of its portfolio. Secor Capital Limited Partnership owns 12,401 shares for 0.05% of their portfolio.

Since March 20, 2018, it had 1 insider buy, and 17 insider sales for $19.26 million activity. $567,450 worth of Movado Group, Inc. (NYSE:MOV) was sold by GRINBERG ALEXANDER. SADOVE STEPHEN I bought $256,860 worth of stock. HOWARD ALAN H sold $368,376 worth of stock or 7,500 shares. 10,000 shares were sold by Morelli Francis Anthony, worth $376,085.

Movado Group, Inc. (NYSE:MOV) Ratings Coverage

Among 2 analysts covering Movado Group (NYSE:MOV), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Movado Group had 2 analyst reports since April 9, 2018 according to SRatingsIntel. The stock of Movado Group, Inc. (NYSE:MOV) has “Buy” rating given on Wednesday, August 22 by Sidoti. The firm has “Hold” rating by Cowen & Co given on Monday, April 9. Below is a list of Movado Group, Inc. (NYSE:MOV) latest ratings and price target changes.

22/08/2018 Broker: Sidoti Old Rating: Neutral New Rating: Buy Upgrade
09/04/2018 Broker: Cowen & Co Rating: Hold New Target: $42.0000 Maintain

The stock decreased 2.07% or $0.9 during the last trading session, reaching $42.6. About 185,491 shares traded. Movado Group, Inc. (NYSE:MOV) has risen 57.17% since September 16, 2017 and is uptrending. It has outperformed by 41.55% the S&P500.

Movado Group, Inc. designs, develops, sources, markets, and distributes fine watches in the United States and internationally. The company has market cap of $986.19 million. The firm operates in two divisions, Wholesale and Retail. It has a 1638.46 P/E ratio. The firm offers its watches under the Ebel, Concord, Movado, ESQ Movado, Coach, HUGO BOSS, Juicy Couture, Lacoste, Tommy Hilfiger, and SCUDERIA FERRARI brands.

More news for Movado Group, Inc. (NYSE:MOV) were recently published by: Fool.com, which released: “Why Movado Group, Roku, and American Eagle Outfitters Slumped Today” on August 29, 2018. Fool.com‘s article titled: “Movado Group’s Latest Strong Quarter Just Wasn’t Enough” and published on August 30, 2018 is yet another important article.

Movado Group, Inc. (NYSE:MOV) Institutional Positions Chart

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