WINTON GROUP Ltd raised its holdings in shares of Guess?, Inc. (NYSE:GES – Free Report) by 56.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 75,374 shares of the company’s stock after buying an additional 27,305 shares during the quarter. WINTON GROUP Ltd owned about 0.15% of Guess? worth $1,060,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of the business. Quarry LP increased its position in shares of Guess? by 216.9% in the third quarter. Quarry LP now owns 3,359 shares of the company’s stock worth $68,000 after purchasing an additional 2,299 shares during the last quarter. AlphaQuest LLC raised its position in shares of 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 buying an additional 3,070 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Guess? by 23.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,533 shares of the company’s stock worth $280,000 after acquiring an additional 3,906 shares during the last quarter. Quantbot Technologies LP grew its position in 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 acquiring an additional 4,284 shares in the last quarter. Finally, Wedge Capital Management L L P NC increased its stake in Guess? by 8.9% in the fourth quarter. Wedge Capital Management L L P NC now owns 72,396 shares of the company’s stock valued at $1,018,000 after acquiring an additional 5,906 shares during the last quarter. Hedge funds and other institutional investors own 61.74% of the company’s stock.
Analyst Ratings Changes
A number of research firms have recently issued reports on GES. Telsey Advisory Group cut their price objective on Guess? from $18.00 to $13.00 and set a “market perform” rating for the company in a report on Wednesday. UBS Group dropped their target price on Guess? from $15.00 to $12.00 and set a “neutral” rating for the company in a research report on Tuesday, March 11th.
Guess? Stock Performance
NYSE GES opened at $11.10 on Friday. The company has a 50-day simple moving average of $11.82 and a two-hundred day simple moving average of $15.14. Guess?, Inc. has a 12-month low of $9.24 and a 12-month high of $33.50. The firm has a market cap of $571.12 million, a price-to-earnings ratio of 9.33 and a beta of 1.87. The company has a quick ratio of 0.74, a current ratio of 1.54 and a debt-to-equity ratio of 1.18.
About Guess?
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.
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