Royce & Associates LP Buys 27,558 Shares of Guess?, Inc. (NYSE:GES)

Royce & Associates LP boosted its stake in shares of Guess?, Inc. (NYSE:GES) by 55.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,366 shares of the company’s stock after buying an additional 27,558 shares during the period. Royce & Associates LP’s holdings in Guess? were worth $1,088,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Segall Bryant & Hamill LLC lifted its stake in shares of Guess? by 2.1% in the third quarter. Segall Bryant & Hamill LLC now owns 113,775 shares of the company’s stock worth $2,290,000 after buying an additional 2,288 shares in the last quarter. Quarry LP lifted its position in Guess? by 216.9% in the 3rd quarter. Quarry LP now owns 3,359 shares of the company’s stock valued at $68,000 after acquiring an additional 2,299 shares in the last quarter. AlphaQuest LLC boosted its stake in Guess? by 17.6% during the 4th quarter. AlphaQuest LLC now owns 20,498 shares of the company’s stock valued at $288,000 after purchasing an additional 3,070 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Guess? by 23.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,533 shares of the company’s stock worth $280,000 after purchasing an additional 3,906 shares in the last quarter. Finally, Quantbot Technologies LP raised its stake in shares of Guess? by 4.0% in the third quarter. Quantbot Technologies LP now owns 112,139 shares of the company’s stock worth $2,257,000 after purchasing an additional 4,284 shares during the last quarter. Hedge funds and other institutional investors own 61.74% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on GES. Telsey Advisory Group reaffirmed a “market perform” rating and set a $18.00 price objective on shares of Guess? in a research report on Tuesday. UBS Group reduced their price target on shares of Guess? from $15.00 to $12.00 and set a “neutral” rating for the company in a research note on Tuesday, March 11th.

Guess? Stock Performance

Shares of GES opened at $11.99 on Friday. The firm has a market capitalization of $616.76 million, a P/E ratio of 10.07 and a beta of 1.87. 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?, Inc. has a one year low of $9.24 and a one year high of $33.50. The business has a fifty day moving average of $11.96 and a 200 day moving average of $15.41.

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.