Sanctuary Advisors LLC Has $9.51 Million Holdings in Guess?, Inc. (NYSE:GES)

Sanctuary Advisors LLC boosted its stake in Guess?, Inc. (NYSE:GES) by 3.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 715,343 shares of the company’s stock after purchasing an additional 24,313 shares during the period. Sanctuary Advisors LLC’s holdings in Guess? were worth $9,514,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Charles Schwab Investment Management Inc. increased its holdings in Guess? by 4.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,215,395 shares of the company’s stock valued at $24,466,000 after purchasing an additional 54,990 shares during the period. BNP Paribas Financial Markets increased its holdings in Guess? by 2.2% in the third quarter. BNP Paribas Financial Markets now owns 939,594 shares of the company’s stock valued at $18,914,000 after purchasing an additional 20,054 shares during the period. Bank of Montreal Can increased its holdings in Guess? by 2.3% in the third quarter. Bank of Montreal Can now owns 935,426 shares of the company’s stock valued at $18,783,000 after purchasing an additional 20,979 shares during the period. Geode Capital Management LLC increased 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, Foundry Partners LLC increased its holdings in Guess? by 41.7% in the third quarter. Foundry Partners LLC now owns 266,779 shares of the company’s stock valued at $5,370,000 after purchasing an additional 78,451 shares during the period. 61.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

GES has been the subject of a number of recent research reports. UBS Group decreased their price objective on Guess? from $18.00 to $16.00 and set a “neutral” rating for the company in a report on Wednesday, November 27th. Telsey Advisory Group cut their price target on shares of Guess? from $21.00 to $18.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 27th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $25.00.

Guess? Stock Performance

Shares of GES opened at $12.41 on Wednesday. The company has a current ratio of 1.54, a quick ratio of 0.74 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $638.36 million, a P/E ratio of 10.42 and a beta of 1.88. The firm’s fifty day simple moving average is $13.49 and its two-hundred day simple moving average is $17.10. Guess?, Inc. has a 12 month low of $11.83 and a 12 month high of $33.50.

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

Guess? Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Wednesday, December 11th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, December 11th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.67%. Guess?’s dividend payout ratio (DPR) is presently 100.84%.

Guess? 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.