Clearwater Paper (CLW) Is At $46.20 Formed Wedge; Southpoint Capital Advisors LP Has Raised Fossil Group (FOSL) Position

Southpoint Capital Advisors Lp increased Fossil Group Inc (FOSL) stake by 114.71% reported in 2017Q3 SEC filing. Southpoint Capital Advisors Lp acquired 1.15M shares as Fossil Group Inc (FOSL)’s stock declined 40.42%. The Southpoint Capital Advisors Lp holds 2.15 million shares with $20.03M value, up from 1.00 million last quarter. Fossil Group Inc now has $419.77M valuation. The stock increased 11.33% or $0.88 during the last trading session, reaching $8.65. About 2.26 million shares traded or 9.89% up from the average. Fossil Group, Inc. (NASDAQ:FOSL) has declined 54.09% since January 3, 2017 and is downtrending. It has underperformed by 70.79% the S&P500.

Clearwater Paper Corporation (CLW) formed wedge down with $43.89 target or 5.00% below today’s $46.20 share price. Clearwater Paper Corporation (CLW) has $759.22 million valuation. The stock increased 1.76% or $0.8 during the last trading session, reaching $46.2. About 56,175 shares traded. Clearwater Paper Corporation (NYSE:CLW) has declined 24.41% since January 3, 2017 and is downtrending. It has underperformed by 41.11% the S&P500.

Investors sentiment decreased to 1.22 in 2017 Q3. Its down 0.62, from 1.84 in 2017Q2. It is negative, as 36 investors sold FOSL shares while 33 reduced holdings. 21 funds opened positions while 63 raised stakes. 44.08 million shares or 13.27% less from 50.82 million shares in 2017Q2 were reported. Winslow Asset Mngmt has invested 0.74% in Fossil Group, Inc. (NASDAQ:FOSL). Riverhead Cap Mngmt Lc, Delaware-based fund reported 3,500 shares. 1.11M were accumulated by Contrarius Investment Mngmt. The Alaska-based State Of Alaska Department Of Revenue has invested 0% in Fossil Group, Inc. (NASDAQ:FOSL). Quinn Opportunity Partners Ltd Liability Com owns 0.21% invested in Fossil Group, Inc. (NASDAQ:FOSL) for 144,178 shares. State Street holds 1.13 million shares. Employees Retirement System Of Ohio owns 47,000 shares. Fmr Llc has invested 0.01% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL). Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Fossil Group, Inc. (NASDAQ:FOSL) for 1,138 shares. Glenmede Tru Na owns 24 shares. Investec Asset Limited has 0.01% invested in Fossil Group, Inc. (NASDAQ:FOSL). D E Shaw & Incorporated holds 148,684 shares or 0% of its portfolio. Price T Rowe Incorporated Md holds 16,316 shares. Hbk Investments Lp has invested 0% in Fossil Group, Inc. (NASDAQ:FOSL). California State Teachers Retirement reported 82,975 shares.

Southpoint Capital Advisors Lp decreased Cognizant Technology Solutio (NASDAQ:CTSH) stake by 100,000 shares to 2.00 million valued at $145.08M in 2017Q3. It also reduced Regeneron Pharmaceuticals (NASDAQ:REGN) stake by 30,000 shares and now owns 70,000 shares. Synchrony Finl (NYSE:SYF) was reduced too.

Among 17 analysts covering Fossil (NASDAQ:FOSL), 3 have Buy rating, 5 Sell and 9 Hold. Therefore 18% are positive. Fossil had 53 analyst reports since August 7, 2015 according to SRatingsIntel. Oppenheimer maintained the shares of FOSL in report on Wednesday, August 12 with “Perform” rating. The firm earned “Sell” rating on Wednesday, August 9 by Bank of America. The firm earned “Hold” rating on Thursday, September 14 by Jefferies. The firm has “Hold” rating given on Wednesday, February 1 by Evercore. The stock has “Underperform” rating by Buckingham Research on Thursday, October 27. The firm earned “Hold” rating on Monday, January 4 by Jefferies. The firm earned “Neutral” rating on Friday, February 12 by Mizuho. The firm has “Hold” rating given on Friday, August 14 by Nomura. The stock of Fossil Group, Inc. (NASDAQ:FOSL) earned “Neutral” rating by Nomura on Wednesday, August 10. The firm earned “Neutral” rating on Wednesday, November 8 by Buckingham Research.

Analysts await Clearwater Paper Corporation (NYSE:CLW) to report earnings on February, 14. They expect $0.80 earnings per share, down 2.44% or $0.02 from last year’s $0.82 per share. CLW’s profit will be $13.15 million for 14.44 P/E if the $0.80 EPS becomes a reality. After $0.05 actual earnings per share reported by Clearwater Paper Corporation for the previous quarter, Wall Street now forecasts 1,500.00% EPS growth.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.19, from 1.21 in 2017Q2. It dived, as 17 investors sold Clearwater Paper Corporation shares while 38 reduced holdings. 11 funds opened positions while 45 raised stakes. 14.13 million shares or 2.36% more from 13.81 million shares in 2017Q2 were reported. Parkside Fincl National Bank owns 17 shares. Metropolitan Life Ins accumulated 11,634 shares or 0% of the stock. Cambridge Rech Advisors Incorporated stated it has 0% in Clearwater Paper Corporation (NYSE:CLW). Citigroup reported 0% of its portfolio in Clearwater Paper Corporation (NYSE:CLW). Kestrel Inv Mgmt stated it has 101,000 shares. Td Asset Mngmt Incorporated reported 7,400 shares. Qs Lc reported 49,568 shares stake. The Illinois-based Ubs Asset Mgmt Americas has invested 0% in Clearwater Paper Corporation (NYSE:CLW). Hsbc Holdings Public Ltd Co holds 0% of its portfolio in Clearwater Paper Corporation (NYSE:CLW) for 4,555 shares. Ameritas Invest Prtnrs has 0% invested in Clearwater Paper Corporation (NYSE:CLW) for 1,465 shares. Aqr Capital Limited Company invested 0% of its portfolio in Clearwater Paper Corporation (NYSE:CLW). Strs Ohio invested 0% in Clearwater Paper Corporation (NYSE:CLW). Ameriprise Incorporated accumulated 109,616 shares or 0% of the stock. Gsa Capital Ptnrs Llp has invested 0.04% of its portfolio in Clearwater Paper Corporation (NYSE:CLW). Moreover, Comerica Savings Bank has 0.02% invested in Clearwater Paper Corporation (NYSE:CLW).

Among 4 analysts covering Clearwater Paper (NYSE:CLW), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Clearwater Paper had 15 analyst reports since September 18, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating given on Monday, February 27 by RBC Capital Markets. RBC Capital Markets maintained Clearwater Paper Corporation (NYSE:CLW) on Thursday, February 11 with “Sector Perform” rating. The stock of Clearwater Paper Corporation (NYSE:CLW) has “Hold” rating given on Sunday, October 8 by RBC Capital Markets. DA Davidson downgraded the stock to “Neutral” rating in Thursday, May 12 report. As per Friday, September 22, the company rating was maintained by KeyBanc Capital Markets. The firm earned “Hold” rating on Thursday, October 19 by RBC Capital Markets. The firm earned “Hold” rating on Thursday, August 3 by RBC Capital Markets. RBC Capital Markets downgraded the shares of CLW in report on Friday, January 6 to “Underperform” rating. RBC Capital Markets maintained Clearwater Paper Corporation (NYSE:CLW) rating on Monday, September 4. RBC Capital Markets has “Hold” rating and $50.0 target. As per Tuesday, January 12, the company rating was downgraded by RBC Capital Markets.

Since July 31, 2017, it had 0 insider buys, and 1 sale for $77,368 activity. 1,546 shares were sold by Gadd Michael S, worth $77,368 on Monday, July 31.