Tieton Capital Management LLC raised its position in shares of Guess?, Inc. (NYSE:GES - Free Report) by 95.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 463,726 shares of the company's stock after acquiring an additional 226,705 shares during the quarter. Guess? makes up about 2.6% of Tieton Capital Management LLC's holdings, making the stock its 20th largest holding. Tieton Capital Management LLC owned 0.90% of Guess? worth $6,520,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Quarry LP raised its stake in Guess? by 216.9% in the 3rd quarter. Quarry LP now owns 3,359 shares of the company's stock valued at $68,000 after purchasing an additional 2,299 shares during the last quarter. EMC Capital Management grew its holdings in shares of Guess? by 158.0% during the fourth quarter. EMC Capital Management now owns 9,908 shares of the company's stock worth $139,000 after buying an additional 6,068 shares in the last quarter. Amundi raised its position in shares of Guess? by 109.6% in the fourth quarter. Amundi now owns 14,291 shares of the company's stock valued at $193,000 after buying an additional 7,472 shares during the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of Guess? in the fourth quarter valued at about $226,000. Finally, Versor Investments LP purchased a new position in shares of Guess? in the fourth quarter worth about $256,000. Hedge funds and other institutional investors own 61.74% of the company's stock.
Guess? Trading Down 5.2 %
GES stock traded down $0.61 during trading on Friday, reaching $11.10. 1,224,780 shares of the stock were exchanged, compared to its average volume of 1,237,757. The firm has a market capitalization of $571.12 million, a price-to-earnings ratio of 9.33 and a beta of 1.87. 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 business has a 50 day moving average price of $11.82 and a 200-day moving average price of $15.14. Guess?, Inc. has a 1 year low of $9.24 and a 1 year high of $33.50.
Wall Street Analysts Forecast Growth
GES has been the subject of a number of recent research reports. UBS Group cut their price objective on shares of 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 dropped their price target on Guess? from $18.00 to $13.00 and set a "market perform" rating for the company in a research report on Wednesday.
Check Out Our Latest Stock Report on Guess?
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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