Quantbot Technologies LP decreased its holdings in Guess?, Inc. (NYSE:GES - Free Report) by 29.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 78,561 shares of the company's stock after selling 33,578 shares during the quarter. Quantbot Technologies LP owned 0.15% of Guess? worth $1,105,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of Guess? by 13.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,383,177 shares of the company's stock valued at $19,447,000 after purchasing an additional 167,782 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in Guess? by 2.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 939,594 shares of the company's stock valued at $18,914,000 after acquiring an additional 20,054 shares in the last quarter. Bank of Montreal Can boosted its holdings in Guess? by 2.3% during the 3rd quarter. Bank of Montreal Can now owns 935,426 shares of the company's stock worth $18,783,000 after acquiring an additional 20,979 shares during the last quarter. Sanctuary Advisors LLC grew its stake in shares of Guess? by 3.5% in the 4th quarter. Sanctuary Advisors LLC now owns 715,343 shares of the company's stock worth $9,514,000 after acquiring an additional 24,313 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Guess? by 6.8% in the 3rd quarter. Geode Capital Management LLC now owns 311,496 shares of the company's stock valued at $6,274,000 after buying an additional 19,750 shares during the last quarter. Institutional investors and hedge funds own 61.74% of the company's stock.
Wall Street Analyst Weigh In
GES has been the subject of several recent analyst reports. UBS Group reduced their target price on Guess? from $15.00 to $12.00 and set a "neutral" rating for the company in a report on Tuesday, March 11th. Telsey Advisory Group decreased their target price on Guess? from $18.00 to $13.00 and set a "market perform" rating for the company in a research report on Wednesday.
View Our Latest Analysis on Guess?
Guess? Stock Performance
GES traded down $0.61 during trading hours on Friday, hitting $11.10. The stock had a trading volume of 1,224,780 shares, compared to its average volume of 1,237,757. Guess?, Inc. has a 1 year low of $9.24 and a 1 year high of $33.50. The company's fifty day simple moving average is $11.82 and its 200 day simple moving average is $15.11. The stock has a market cap of $571.12 million, a PE 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.
Guess? Profile
(
Free Report)
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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