Jane Street Group LLC Has $1.11 Million Stock Holdings in Genesco Inc. (NYSE:GCO)

Jane Street Group LLC lessened its holdings in Genesco Inc. (NYSE:GCO - Free Report) by 22.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,801 shares of the company's stock after selling 11,959 shares during the quarter. Jane Street Group LLC owned 0.36% of Genesco worth $1,109,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. American Century Companies Inc. lifted its position in 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 in the last quarter. Dynamic Technology Lab Private Ltd lifted its holdings in Genesco by 166.4% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 34,275 shares of the company's stock valued at $931,000 after purchasing an additional 21,410 shares during the last quarter. Acadian Asset Management LLC boosted its holdings 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 period. Connor Clark & Lunn Investment Management Ltd. grew its stake in Genesco by 139.9% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 36,279 shares of the company's stock valued at $986,000 after buying an additional 21,158 shares during the last quarter. Finally, Martingale Asset Management L P bought a new position in Genesco in the 3rd quarter valued at about $842,000. Institutional investors and hedge funds own 94.51% of the company's stock.

Insider Buying and Selling

In other Genesco news, VP Daniel E. Ewoldsen sold 4,000 shares of the stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $42.68, for a total transaction of $170,720.00. Following the sale, the vice president now directly owns 41,358 shares in the company, valued at $1,765,159.44. This represents a 8.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 7.09% of the stock is currently owned by company insiders.

Genesco Stock Performance

Shares of GCO traded up $0.18 during midday trading on Monday, reaching $42.30. 165,686 shares of the stock were exchanged, compared to its average volume of 142,247. The company has a quick ratio of 0.32, a current ratio of 1.56 and a debt-to-equity ratio of 0.19. The stock's 50 day simple moving average is $34.38 and its 200 day simple moving average is $29.86. Genesco Inc. has a twelve month low of $23.21 and a twelve month high of $44.80. The company has a market cap of $474.27 million, a P/E ratio of -17.41 and a beta of 2.47.

Genesco (NYSE:GCO - Get Free Report) last issued its quarterly earnings data on Friday, December 6th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.31. Genesco had a negative net margin of 1.13% and a positive return on equity of 0.56%. The business had revenue of $596.30 million during the quarter, compared to analysts' expectations of $577.73 million. During the same quarter in the previous year, the company earned $0.57 EPS. The business's revenue was up 2.9% on a year-over-year basis. On average, sell-side analysts expect that Genesco Inc. will post 0.81 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com upgraded Genesco from a "hold" rating to a "buy" rating in a report on Friday, December 6th.

Genesco 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.