Tieton Capital Management LLC raised its stake 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. The fund owned 463,726 shares of the company's stock after buying an additional 226,705 shares during the quarter. Guess? comprises about 2.6% of Tieton Capital Management LLC's investment portfolio, making the stock its 20th biggest holding. Tieton Capital Management LLC owned about 0.90% of Guess? worth $6,520,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in the stock. Quarry LP increased its position in shares of Guess? by 216.9% during the third quarter. Quarry LP now owns 3,359 shares of the company's stock valued at $68,000 after acquiring an additional 2,299 shares in the last quarter. EMC Capital Management boosted its position in shares of Guess? by 158.0% during the fourth quarter. EMC Capital Management now owns 9,908 shares of the company's stock valued at $139,000 after buying an additional 6,068 shares during the last quarter. Amundi boosted its position in shares of Guess? by 109.6% during 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 bought a new stake in Guess? in the 4th quarter worth about $226,000. Finally, Versor Investments LP purchased a new position in Guess? in the 4th quarter worth about $256,000. 61.74% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
GES has been the topic of a number of recent analyst reports. Telsey Advisory Group reaffirmed a "market perform" rating and set a $18.00 price target on shares of Guess? in a report on Tuesday, March 18th. UBS Group dropped their target price on shares of Guess? from $15.00 to $12.00 and set a "neutral" rating on the stock in a report on Tuesday, March 11th.
Check Out Our Latest Stock Report on GES
Guess? Price Performance
Shares of NYSE:GES remained flat at $11.75 during trading on Tuesday. 2,337,201 shares of the stock traded hands, compared to its average volume of 1,210,919. 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 cap of $604.62 million, a price-to-earnings ratio of 9.87 and a beta of 1.87. The company has a 50 day simple moving average of $11.93 and a 200-day simple moving average of $15.29. Guess?, Inc. has a 52-week low of $9.24 and a 52-week high of $33.50.
About Guess?
(
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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