Moors & Cabot Inc. Decreases Stake in Guess?, Inc. (NYSE:GES)

Moors & Cabot Inc. decreased its position in Guess?, Inc. (NYSE:GES - Free Report) by 60.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 24,449 shares of the company's stock after selling 36,750 shares during the quarter. Moors & Cabot Inc.'s holdings in Guess? were worth $344,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Segall Bryant & Hamill LLC raised its stake in Guess? by 2.1% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 113,775 shares of the company's stock valued at $2,290,000 after purchasing an additional 2,288 shares during the last quarter. Quarry LP raised its stake 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 purchasing an additional 2,299 shares during the last quarter. AlphaQuest LLC raised its stake in Guess? by 17.6% in 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. raised its stake in Guess? by 23.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,533 shares of the company's stock valued at $280,000 after purchasing an additional 3,906 shares during the last quarter. Finally, Quantbot Technologies LP raised its stake in Guess? by 4.0% in the 3rd quarter. Quantbot Technologies LP now owns 112,139 shares of the company's stock valued at $2,257,000 after purchasing an additional 4,284 shares during the last quarter. Institutional investors and hedge funds own 61.74% of the company's stock.

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Guess? Trading Down 3.4 %

GES traded down $0.43 during midday trading on Tuesday, hitting $12.20. The company's stock had a trading volume of 2,590,557 shares, compared to its average volume of 1,218,267. 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 firm has a market cap of $627.52 million, a P/E ratio of 10.25 and a beta of 1.87. The firm has a 50-day moving average price of $12.05 and a two-hundred day moving average price of $15.52. Guess?, Inc. has a 52-week low of $9.24 and a 52-week high of $33.50.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Telsey Advisory Group restated a "market perform" rating and issued a $18.00 price target on shares of Guess? in a report on Tuesday. UBS Group lowered their price target on Guess? from $15.00 to $12.00 and set a "neutral" rating for the company in a report on Tuesday, March 11th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $24.00.

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.