SG Americas Securities LLC Takes Position in Guess?, Inc. (NYSE:GES)

SG Americas Securities LLC acquired a new stake in shares of Guess?, Inc. (NYSE:GES) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 24,213 shares of the company’s stock, valued at approximately $487,000.

A number of other large investors have also recently made changes to their positions in the stock. SummerHaven Investment Management LLC grew its holdings in shares of Guess? by 1.7% during the second quarter. SummerHaven Investment Management LLC now owns 38,433 shares of the company’s stock valued at $784,000 after buying an additional 642 shares during the last quarter. Quest Partners LLC grew its holdings in shares of Guess? by 186.2% during the second quarter. Quest Partners LLC now owns 1,305 shares of the company’s stock valued at $27,000 after buying an additional 849 shares during the last quarter. EMC Capital Management lifted its position in Guess? by 10.0% during the first quarter. EMC Capital Management now owns 9,908 shares of the company’s stock valued at $312,000 after purchasing an additional 903 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Guess? by 4.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 23,315 shares of the company’s stock valued at $734,000 after purchasing an additional 1,076 shares during the period. Finally, 1620 Investment Advisors Inc. lifted its position in Guess? by 8.9% during the second quarter. 1620 Investment Advisors Inc. now owns 21,510 shares of the company’s stock valued at $439,000 after purchasing an additional 1,753 shares during the period. 61.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. UBS Group decreased their target price on shares of Guess? from $24.00 to $22.00 and set a “neutral” rating for the company in a research report on Friday, August 30th. Telsey Advisory Group decreased their target price on shares of Guess? from $26.00 to $21.00 and set a “market perform” rating for the company in a research report on Thursday, August 29th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $27.25.

Guess? Trading Up 2.0 %

Shares of Guess? stock opened at $19.69 on Thursday. The firm has a 50-day simple moving average of $20.16 and a two-hundred day simple moving average of $22.87. The company has a market cap of $1.05 billion, a P/E ratio of 5.88 and a beta of 1.92. Guess?, Inc. has a fifty-two week low of $18.52 and a fifty-two week high of $33.50. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.76 and a current ratio of 1.47.

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

Guess? Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Wednesday, September 11th were given a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, September 11th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.09%. Guess?’s dividend payout ratio (DPR) is currently 35.82%.

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.