Guess?, Inc. (NYSE:GES) Shares Bought by EMC Capital Management

EMC Capital Management lifted its holdings in shares of Guess?, Inc. (NYSE:GES) by 158.0% during the 4th quarter, Holdings Channel reports. The firm owned 9,908 shares of the company’s stock after buying an additional 6,068 shares during the period. EMC Capital Management’s holdings in Guess? were worth $139,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. KBC Group NV acquired a new stake in Guess? during the 4th quarter worth approximately $2,349,000. Wedge Capital Management L L P NC increased its position in shares of Guess? by 8.9% during the fourth quarter. Wedge Capital Management L L P NC now owns 72,396 shares of the company’s stock worth $1,018,000 after acquiring an additional 5,906 shares during the period. Sanctuary Advisors LLC raised its stake in shares of Guess? by 8,708.5% in the third quarter. Sanctuary Advisors LLC now owns 691,030 shares of the company’s stock valued at $13,910,000 after acquiring an additional 683,185 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Guess? by 6.8% in the third quarter. Geode Capital Management LLC now owns 311,496 shares of the company’s stock valued at $6,274,000 after purchasing an additional 19,750 shares during the period. Finally, Quarry LP grew its stake in Guess? by 216.9% during the 3rd quarter. Quarry LP now owns 3,359 shares of the company’s stock worth $68,000 after purchasing an additional 2,299 shares in the last quarter. Hedge funds and other institutional investors own 61.74% of the company’s stock.

Guess? Stock Up 0.4 %

Shares of NYSE GES opened at $13.31 on Friday. The business has a 50-day moving average of $14.63 and a two-hundred day moving average of $18.13. The company has a market capitalization of $684.64 million, a price-to-earnings ratio of 11.18 and a beta of 1.90. Guess?, Inc. has a 1 year low of $12.42 and a 1 year high of $33.50. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.54 and a quick ratio of 0.74.

Guess? (NYSE:GES) last posted its earnings results on Tuesday, November 26th. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.03). The business had revenue of $738.52 million for the quarter, compared to analysts’ expectations of $747.36 million. Guess? had a return on equity of 23.29% and a net margin of 3.19%. Guess?’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.49 EPS. On average, analysts forecast that Guess?, Inc. will post 1.92 earnings per share for the current fiscal year.

Guess? Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Wednesday, December 11th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 9.02%. The ex-dividend date was Wednesday, December 11th. Guess?’s payout ratio is 100.84%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Telsey Advisory Group reduced their price target on Guess? from $21.00 to $18.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 27th. UBS Group reduced their target price on shares of Guess? from $18.00 to $16.00 and set a “neutral” rating on the stock in a report on Wednesday, November 27th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $25.00.

Guess? Company Profile

Guess?, Inc designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. It operates through five segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. The company’s clothing collection includes jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, activewear, knitwear, and intimate apparel.