Dimensional Fund Advisors LP cut its stake in shares of Guess?, Inc. (NYSE:GES) by 3.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 6,692,875 shares of the company’s stock after selling 245,987 shares during the period. Dimensional Fund Advisors LP owned approximately 0.08% of Guess? worth $139,011,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. Teachers Advisors LLC lifted its position in Guess? by 2.4% during the 3rd quarter. Teachers Advisors LLC now owns 112,150 shares of the company’s stock worth $2,535,000 after acquiring an additional 2,635 shares in the last quarter. AQR Capital Management LLC lifted its position in Guess? by 22.0% during the 3rd quarter. AQR Capital Management LLC now owns 62,097 shares of the company’s stock worth $1,404,000 after acquiring an additional 11,179 shares in the last quarter. Bessemer Group Inc. lifted its position in Guess? by 41.8% during the 4th quarter. Bessemer Group Inc. now owns 764,463 shares of the company’s stock worth $15,878,000 after acquiring an additional 225,201 shares in the last quarter. Arizona State Retirement System lifted its position in Guess? by 6.2% during the 4th quarter. Arizona State Retirement System now owns 87,359 shares of the company’s stock worth $1,814,000 after acquiring an additional 5,083 shares in the last quarter. Finally, Texas Permanent School Fund lifted its position in Guess? by 4.0% during the 4th quarter. Texas Permanent School Fund now owns 37,122 shares of the company’s stock worth $771,000 after acquiring an additional 1,435 shares in the last quarter. 70.19% of the stock is currently owned by hedge funds and other institutional investors.
GES stock opened at $19.01 on Friday. The company has a current ratio of 2.00, a quick ratio of 1.14 and a debt-to-equity ratio of 0.04. Guess?, Inc. has a 52-week low of $16.41 and a 52-week high of $26.95. The company has a market cap of $1.55 billion, a price-to-earnings ratio of 19.40, a price-to-earnings-growth ratio of 0.91 and a beta of 0.23.
Guess? (NYSE:GES) last posted its quarterly earnings data on Wednesday, March 20th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.05). Guess? had a return on equity of 9.39% and a net margin of 0.54%. The business had revenue of $837.00 million for the quarter, compared to analysts’ expectations of $831.15 million. During the same quarter in the prior year, the firm earned $0.62 earnings per share. Guess?’s revenue for the quarter was up 5.7% compared to the same quarter last year. On average, equities analysts forecast that Guess?, Inc. will post 1.18 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 18th. Shareholders of record on Wednesday, April 3rd were issued a dividend of $0.225 per share. The ex-dividend date was Tuesday, April 2nd. This represents a $0.90 annualized dividend and a yield of 4.73%. Guess?’s dividend payout ratio is presently 91.84%.
Several equities analysts recently commented on GES shares. Zacks Investment Research lowered Guess? from a “hold” rating to a “sell” rating in a research report on Tuesday, January 29th. Jefferies Financial Group raised Guess? from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Thursday, February 7th. ValuEngine lowered Guess? from a “buy” rating to a “hold” rating in a research report on Thursday, January 31st. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $19.00 price target (down from $22.00) on shares of Guess? in a research report on Tuesday, April 23rd. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $21.67.
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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, knitwear, and intimate apparel.
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