Semanteon Capital Management LP bought a new position in shares of Guess?, Inc. (NYSE:GES - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 29,176 shares of the company's stock, valued at approximately $410,000. Semanteon Capital Management LP owned about 0.06% of Guess? at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the stock. Intech Investment Management LLC increased its position in shares of Guess? by 202.2% in the 4th quarter. Intech Investment Management LLC now owns 137,810 shares of the company's stock valued at $1,938,000 after acquiring an additional 92,207 shares during the period. Royce & Associates LP grew its stake in Guess? by 55.3% during the 4th quarter. Royce & Associates LP now owns 77,366 shares of the company's stock valued at $1,088,000 after purchasing an additional 27,558 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in shares of Guess? in the fourth quarter valued at about $226,000. Swiss National Bank raised its stake in shares of Guess? by 24.4% in the fourth quarter. Swiss National Bank now owns 65,700 shares of the company's stock worth $924,000 after purchasing an additional 12,900 shares during the last quarter. Finally, AlphaQuest LLC lifted its holdings in shares of Guess? by 17.6% during the fourth quarter. AlphaQuest LLC now owns 20,498 shares of the company's stock worth $288,000 after purchasing an additional 3,070 shares during the period. Institutional investors and hedge funds own 61.74% of the company's stock.
Analyst Ratings Changes
GES has been the subject of a number of recent research reports. UBS Group reduced their price target on shares of Guess? from $15.00 to $12.00 and set a "neutral" rating for the company in a research report on Tuesday, March 11th. Telsey Advisory Group lowered their price target on shares of Guess? from $18.00 to $13.00 and set a "market perform" rating on the stock in a report on Wednesday.
Read Our Latest Stock Report on Guess?
Guess? Price Performance
GES traded down $0.21 during trading on Wednesday, hitting $11.48. The company's stock had a trading volume of 1,186,859 shares, compared to its average volume of 1,215,082. 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 capitalization of $590.78 million, a price-to-earnings ratio of 9.65 and a beta of 1.87. The business's fifty day simple moving average is $11.91 and its 200 day simple moving average is $15.24. Guess?, Inc. has a twelve month low of $9.24 and a twelve month high of $33.50.
Guess? Profile
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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.
Further Reading
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