Public Employees Retirement Association of Colorado Cuts Holdings in Genesco Inc. (NYSE:GCO)

Public Employees Retirement Association of Colorado trimmed its holdings in shares of Genesco Inc. (NYSE:GCO) by 52.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,545 shares of the company’s stock after selling 1,697 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Genesco were worth $40,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of GCO. Pzena Investment Management LLC increased its holdings in Genesco by 64.1% during the second quarter. Pzena Investment Management LLC now owns 1,221,342 shares of the company’s stock valued at $31,584,000 after buying an additional 477,166 shares during the period. Gate City Capital Management LLC purchased a new position in Genesco in the fourth quarter worth $5,162,000. Acadian Asset Management LLC grew its holdings in Genesco by 57.3% in the second quarter. Acadian Asset Management LLC now owns 271,394 shares of the company’s stock worth $7,016,000 after purchasing an additional 98,901 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Genesco by 4.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 715,076 shares of the company’s stock worth $25,179,000 after purchasing an additional 33,157 shares during the last quarter. Finally, GSA Capital Partners LLP grew its holdings in Genesco by 83.9% in the fourth quarter. GSA Capital Partners LLP now owns 68,943 shares of the company’s stock worth $2,427,000 after purchasing an additional 31,456 shares during the last quarter. 94.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Genesco from a “buy” rating to a “hold” rating in a report on Monday, September 9th.

Genesco Price Performance

Shares of GCO opened at $27.11 on Monday. The firm has a market capitalization of $315.18 million, a PE ratio of -13.90 and a beta of 2.41. The company’s fifty day moving average price is $28.32 and its 200-day moving average price is $26.91. Genesco Inc. has a 1-year low of $23.21 and a 1-year high of $37.89. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.53 and a quick ratio of 0.40.

Genesco Company Profile

Genesco Inc operates as a retailer and wholesaler of footwear, apparel, and accessories in the United States, Puerto Rico, Canada, the United Kingdom, and the Republic of Ireland. The company operates through four segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Genesco Brands.