Sequential Brands Group, Inc. (NASDAQ:SQBG) is scheduled to be releasing its earnings data before the market opens on Thursday, November 9th. Analysts expect Sequential Brands Group to post earnings of $0.14 per share for the quarter.

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An institutional investor recently raised its position in Sequential Brands Group stock. State Street Corp boosted its holdings in Sequential Brands Group, Inc. (NASDAQ:SQBG) by 6.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 649,955 shares of the textile maker’s stock after purchasing an additional 36,507 shares during the quarter. State Street Corp owned approximately 1.03% of Sequential Brands Group worth $2,592,000 at the end of the most recent quarter. 52.20% of the stock is owned by institutional investors and hedge funds.

A number of analysts have recently weighed in on SQBG shares. Cowen and Company reissued a “hold” rating and set a $6.00 price target on shares of Sequential Brands Group in a research report on Thursday, September 28th. ValuEngine raised shares of Sequential Brands Group from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Roth Capital set a $4.00 price target on shares of Sequential Brands Group and gave the stock a “buy” rating in a research report on Friday, July 28th. Zacks Investment Research downgraded shares of Sequential Brands Group from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, FBR & Co reissued an “outperform” rating and set a $7.00 price target on shares of Sequential Brands Group in a research report on Tuesday, July 11th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $8.00.

Sequential Brands Group Company Profile

Sequential Brands Group, Inc owns a portfolio of consumer brands in the fashion, home, athletic and lifestyle categories. The Company’s portfolio of consumer brands includes Martha Stewart, Emeril Lagasse, Jessica Simpson, Joe’s Jeans, William Rast, Ellen Tracy, Revo, AND1 and Avia. The Company’s brands are licensed for a range of product categories, including apparel, footwear, eyewear, fashion accessories and home goods.

Earnings History for Sequential Brands Group (NASDAQ:SQBG)

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