Royce & Associates LP Grows Stock Holdings in Guess?, Inc. (NYSE:GES)

Royce & Associates LP boosted its holdings in shares of Guess?, Inc. (NYSE:GES - Free Report) by 55.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 77,366 shares of the company's stock after buying an additional 27,558 shares during the quarter. Royce & Associates LP owned approximately 0.15% of Guess? worth $1,088,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in GES. Charles Schwab Investment Management Inc. raised its stake 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 worth $19,447,000 after buying an additional 167,782 shares during the period. BNP Paribas Financial Markets increased its holdings in Guess? by 2.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 939,594 shares of the company's stock worth $18,914,000 after acquiring an additional 20,054 shares in the last quarter. Bank of Montreal Can lifted its holdings in Guess? by 2.3% during the third quarter. Bank of Montreal Can now owns 935,426 shares of the company's stock valued at $18,783,000 after purchasing an additional 20,979 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in 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 buying an additional 24,313 shares during the period. 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 worth $6,274,000 after buying an additional 19,750 shares in the last quarter. 61.74% of the stock is owned by hedge funds and other institutional investors.

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Guess? Price Performance

Shares of Guess? stock remained flat at $11.75 during trading on Tuesday. The stock had a trading volume of 2,337,201 shares, compared to its average volume of 1,210,919. Guess?, Inc. has a 52-week low of $9.24 and a 52-week high of $33.50. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.54 and a quick ratio of 0.74. The firm's 50-day moving average price is $11.91 and its two-hundred day moving average price is $15.24. The firm has a market cap of $604.62 million, a P/E ratio of 9.87 and a beta of 1.87.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. UBS Group lowered their price objective on Guess? from $15.00 to $12.00 and set a "neutral" rating on the stock in a research report on Tuesday, March 11th. Telsey Advisory Group restated a "market perform" rating and issued a $18.00 price target on shares of Guess? in a research note on Tuesday, March 18th.

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.