WINTON GROUP Ltd increased its stake in shares of Guess?, Inc. (NYSE:GES - Free Report) by 56.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 75,374 shares of the company's stock after purchasing an additional 27,305 shares during the period. WINTON GROUP Ltd owned approximately 0.15% of Guess? worth $1,060,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC boosted its position in shares of Guess? by 8,708.5% during the third quarter. Sanctuary Advisors LLC now owns 691,030 shares of the company's stock worth $13,910,000 after buying an additional 683,185 shares during the period. Vanguard Group Inc. boosted its holdings in Guess? by 7.6% during the 4th quarter. Vanguard Group Inc. now owns 3,274,565 shares of the company's stock valued at $46,040,000 after acquiring an additional 231,926 shares during the period. Tieton Capital Management LLC grew its position in Guess? by 95.6% in the 4th quarter. Tieton Capital Management LLC now owns 463,726 shares of the company's stock valued at $6,520,000 after acquiring an additional 226,705 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Guess? by 13.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,383,177 shares of the company's stock worth $19,447,000 after purchasing an additional 167,782 shares during the period. Finally, KBC Group NV acquired a new stake in shares of Guess? during the fourth quarter worth about $2,349,000. Institutional investors and hedge funds own 61.74% of the company's stock.
Guess? Stock Up 2.5 %
Shares of Guess? stock traded up $0.28 on Wednesday, reaching $11.45. 453,748 shares of the company were exchanged, compared to its average volume of 1,471,842. The stock's 50 day moving average price is $11.76 and its 200-day moving average price is $14.97. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.54 and a quick ratio of 0.74. Guess?, Inc. has a 1-year low of $9.24 and a 1-year high of $32.08. The company has a market cap of $589.39 million, a P/E ratio of 9.61 and a beta of 1.87.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on GES shares. UBS Group cut their target price on shares of Guess? from $15.00 to $12.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 11th. Telsey Advisory Group cut their price objective on Guess? from $18.00 to $13.00 and set a "market perform" rating on the stock in a research report on Wednesday, March 26th.
Check Out Our Latest Report on GES
Guess? Company 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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