Sanctuary Advisors LLC Has $9.51 Million Position in Guess?, Inc. (NYSE:GES)

Sanctuary Advisors LLC boosted its position in Guess?, Inc. (NYSE:GES - Free Report) by 3.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 715,343 shares of the company's stock after purchasing an additional 24,313 shares during the period. Sanctuary Advisors LLC owned about 1.39% of Guess? worth $9,514,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Foundry Partners LLC increased its holdings in shares of Guess? by 41.7% in the third quarter. Foundry Partners LLC now owns 266,779 shares of the company's stock valued at $5,370,000 after purchasing an additional 78,451 shares during the last quarter. KBC Group NV acquired a new position in Guess? in the 4th quarter valued at about $2,349,000. Charles Schwab Investment Management Inc. raised its holdings in Guess? by 4.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,215,395 shares of the company's stock valued at $24,466,000 after acquiring an additional 54,990 shares during the period. Empowered Funds LLC raised its holdings in Guess? by 52.9% in the 3rd quarter. Empowered Funds LLC now owns 251,166 shares of the company's stock valued at $5,056,000 after acquiring an additional 86,940 shares during the period. Finally, Dynamic Technology Lab Private Ltd lifted its position in Guess? by 139.7% during the third quarter. Dynamic Technology Lab Private Ltd now owns 62,265 shares of the company's stock worth $1,253,000 after acquiring an additional 36,287 shares during the last quarter. 61.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. UBS Group lowered their target price on Guess? from $18.00 to $16.00 and set a "neutral" rating on the stock in a research note on Wednesday, November 27th. Telsey Advisory Group lowered their price objective on Guess? from $21.00 to $18.00 and set a "market perform" rating on the stock in a research report on Wednesday, November 27th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $25.00.

Guess? Price Performance

Shares of NYSE GES traded down $0.50 during midday trading on Friday, reaching $11.91. The company's stock had a trading volume of 1,000,278 shares, compared to its average volume of 1,036,408. The company has a market cap of $612.60 million, a P/E ratio of 10.00 and a beta of 1.88. Guess?, Inc. has a fifty-two week low of $11.83 and a fifty-two week high of $33.50. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.74 and a current ratio of 1.54. The business's 50 day moving average price is $13.31 and its two-hundred day moving average price is $16.96.

Guess? (NYSE:GES - Get Free Report) last released its earnings results on Tuesday, November 26th. The company reported $0.34 earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by ($0.03). Guess? had a net margin of 3.19% and a return on equity of 23.29%. The company had revenue of $738.52 million for the quarter, compared to the consensus estimate of $747.36 million. During the same quarter in the previous year, the company posted $0.49 earnings per share. The business's revenue was up 13.4% compared to the same quarter last year. On average, analysts forecast that Guess?, Inc. will post 1.92 EPS for the current fiscal year.

Guess? Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Wednesday, December 11th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.08%. The ex-dividend date was Wednesday, December 11th. Guess?'s dividend payout ratio (DPR) is presently 100.84%.

Guess? Profile

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.