Dynamic Technology Lab Private Ltd Has $931,000 Stock Holdings in Genesco Inc. (NYSE:GCO)

Dynamic Technology Lab Private Ltd grew its stake in shares of Genesco Inc. (NYSE:GCO - Free Report) by 166.4% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 34,275 shares of the company's stock after acquiring an additional 21,410 shares during the quarter. Dynamic Technology Lab Private Ltd owned about 0.31% of Genesco worth $931,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Pzena Investment Management LLC lifted its position in shares of Genesco by 64.1% during the 2nd quarter. Pzena Investment Management LLC now owns 1,221,342 shares of the company's stock worth $31,584,000 after buying an additional 477,166 shares during the last quarter. Acadian Asset Management LLC lifted its position in shares of Genesco by 57.3% during the 2nd quarter. Acadian Asset Management LLC now owns 271,394 shares of the company's stock worth $7,016,000 after buying an additional 98,901 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Genesco by 38.0% during the 2nd quarter. AQR Capital Management LLC now owns 102,986 shares of the company's stock worth $2,663,000 after buying an additional 28,374 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Genesco by 20.2% during the 2nd quarter. American Century Companies Inc. now owns 157,064 shares of the company's stock worth $4,062,000 after buying an additional 26,436 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Genesco by 139.9% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 36,279 shares of the company's stock worth $986,000 after buying an additional 21,158 shares during the last quarter. 94.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com upgraded Genesco from a "hold" rating to a "buy" rating in a research report on Monday, November 18th.

Genesco Trading Up 5.2 %

Genesco stock traded up $1.71 during trading hours on Thursday, hitting $34.62. The stock had a trading volume of 205,825 shares, compared to its average volume of 136,463. The company has a quick ratio of 0.40, a current ratio of 1.53 and a debt-to-equity ratio of 0.15. The stock has a market cap of $388.44 million, a price-to-earnings ratio of -494.50 and a beta of 2.41. Genesco Inc. has a one year low of $23.21 and a one year high of $37.89. The business's 50 day simple moving average is $28.47 and its 200-day simple moving average is $27.63.

Genesco (NYSE:GCO - Get Free Report) last posted its earnings results on Friday, September 6th. The company reported ($0.83) EPS for the quarter, beating the consensus estimate of ($1.12) by $0.29. The firm had revenue of $525.19 million during the quarter, compared to the consensus estimate of $512.19 million. Genesco had a positive return on equity of 0.49% and a negative net margin of 0.03%. On average, equities analysts predict that Genesco Inc. will post 0.66 EPS for the current fiscal year.

Genesco Company Profile

Genesco Inc operates as a retailer and wholesaler of footwear, apparel, and accessories in the United States, Puerto Rico, Canada, the United Kingdom, and the Republic of Ireland. The company operates through four segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Genesco Brands.