Assenagon Asset Management S.A. Has $1.43 Million Stock Holdings in Genesco Inc. (NYSE:GCO)

Assenagon Asset Management S.A. lowered its stake in Genesco Inc. (NYSE:GCO - Free Report) by 45.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 52,522 shares of the company's stock after selling 44,533 shares during the period. Assenagon Asset Management S.A. owned approximately 0.45% of Genesco worth $1,427,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. American Century Companies Inc. raised its position in Genesco by 20.2% during the second quarter. American Century Companies Inc. now owns 157,064 shares of the company's stock valued at $4,062,000 after purchasing an additional 26,436 shares in 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. Dimensional Fund Advisors LP boosted its stake in Genesco by 2.4% in the second quarter. Dimensional Fund Advisors LP now owns 745,818 shares of the company's stock valued at $19,286,000 after buying an additional 17,664 shares in the last quarter. AQR Capital Management LLC grew its position in Genesco by 38.0% in the second quarter. AQR Capital Management LLC now owns 102,986 shares of the company's stock valued at $2,663,000 after acquiring an additional 28,374 shares during the last quarter. Finally, Cubist Systematic Strategies LLC raised its stake in Genesco by 59.3% during the second quarter. Cubist Systematic Strategies LLC now owns 55,613 shares of the company's stock worth $1,438,000 after acquiring an additional 20,707 shares in the last quarter. Institutional investors and hedge funds own 94.51% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Genesco from a "hold" rating to a "buy" rating in a report on Saturday.

Genesco Price Performance

Shares of GCO traded down $0.70 during trading hours on Friday, reaching $24.92. The stock had a trading volume of 143,543 shares, compared to its average volume of 135,443. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.40 and a current ratio of 1.53. Genesco Inc. has a 12 month low of $23.21 and a 12 month high of $37.89. The stock has a market capitalization of $279.60 million, a PE ratio of -355.95 and a beta of 2.40. The company's 50-day moving average is $27.69 and its two-hundred day moving average is $27.08.

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%. Research analysts expect that Genesco Inc. will post 0.66 EPS for the current year.

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.