WINTON GROUP Ltd Raises Stock Position in Guess?, Inc. (NYSE:GES)

WINTON GROUP Ltd grew its holdings in Guess?, Inc. (NYSE:GES) by 423.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 191,982 shares of the company’s stock after buying an additional 155,281 shares during the period. WINTON GROUP Ltd owned approximately 0.36% of Guess? worth $3,916,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Guess? by 15.7% in the 1st quarter. Vanguard Group Inc. now owns 3,879,570 shares of the company’s stock worth $122,090,000 after buying an additional 525,064 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Guess? by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,503,612 shares of the company’s stock worth $80,795,000 after purchasing an additional 85,562 shares during the period. Hennessy Advisors Inc. boosted its stake in shares of Guess? by 41.6% during the 2nd quarter. Hennessy Advisors Inc. now owns 1,615,800 shares of the company’s stock worth $32,962,000 after purchasing an additional 474,700 shares during the period. LSV Asset Management boosted its stake in shares of Guess? by 0.6% during the 2nd quarter. LSV Asset Management now owns 1,454,320 shares of the company’s stock worth $29,668,000 after purchasing an additional 9,100 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Guess? by 7.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 978,648 shares of the company’s stock worth $22,568,000 after purchasing an additional 66,578 shares during the period. 61.74% of the stock is owned by hedge funds and other institutional investors.

Guess? Price Performance

Guess? stock opened at $19.49 on Friday. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 5.82 and a beta of 1.92. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.47 and a quick ratio of 0.76. Guess?, Inc. has a 1 year low of $18.52 and a 1 year high of $33.50. The firm has a 50-day moving average of $21.69 and a two-hundred day moving average of $24.10.

Guess? (NYSE:GES) last released its quarterly earnings data on Wednesday, August 28th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.01). The company had revenue of $732.60 million during the quarter, compared to analysts’ expectations of $729.96 million. Guess? had a net margin of 6.05% and a return on equity of 24.18%. Guess?’s quarterly revenue was up 10.2% on a year-over-year basis. During the same period last year, the firm earned $0.72 earnings per share. On average, research analysts forecast that Guess?, Inc. will post 2.63 earnings per share for the current year.

Guess? Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Wednesday, September 11th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, September 11th. This represents a $1.20 annualized dividend and a dividend yield of 6.16%. Guess?’s dividend payout ratio is currently 35.82%.

Analysts Set New Price Targets

GES has been the subject of a number of recent analyst reports. Telsey Advisory Group dropped their price target on shares of Guess? from $26.00 to $21.00 and set a “market perform” rating for the company in a research note on Thursday, August 29th. UBS Group dropped their price target on shares of Guess? from $24.00 to $22.00 and set a “neutral” rating for the company in a research note on Friday, August 30th. Finally, StockNews.com cut shares of Guess? from a “buy” rating to a “hold” rating in a research note on Monday, June 3rd. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $27.25.

Guess? Profile

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.