WINTON GROUP Ltd Boosts Holdings in Guess?, Inc. (NYSE:GES)

WINTON GROUP Ltd boosted its position in shares of Guess?, Inc. (NYSE:GES) by 423.1% in the second quarter, HoldingsChannel reports. The fund owned 191,982 shares of the company’s stock after purchasing an additional 155,281 shares during the quarter. WINTON GROUP Ltd’s holdings in Guess? were worth $3,916,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in 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 acquiring an additional 525,064 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Guess? by 2.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,503,612 shares of the company’s stock valued at $80,795,000 after buying an additional 85,562 shares during the last quarter. Hennessy Advisors Inc. boosted its position in Guess? by 41.6% in the second quarter. Hennessy Advisors Inc. now owns 1,615,800 shares of the company’s stock valued at $32,962,000 after buying an additional 474,700 shares during the last quarter. LSV Asset Management boosted its position in Guess? by 0.6% in the second quarter. LSV Asset Management now owns 1,454,320 shares of the company’s stock valued at $29,668,000 after buying an additional 9,100 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in Guess? by 7.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 978,648 shares of the company’s stock valued at $22,568,000 after buying an additional 66,578 shares during the last quarter. Hedge funds and other institutional investors own 61.74% of the company’s stock.

Guess? Stock Up 4.6 %

NYSE GES opened at $19.49 on Friday. The business has a fifty day moving average price of $21.69 and a 200 day moving average price of $24.10. Guess?, Inc. has a one year low of $18.52 and a one year 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. The company has a market cap of $1.04 billion, a P/E ratio of 5.82 and a beta of 1.92.

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

Guess? Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts recently commented on GES shares. UBS Group dropped their target price on Guess? from $24.00 to $22.00 and set a “neutral” rating on the stock in a research report on Friday, August 30th. StockNews.com lowered Guess? from a “buy” rating to a “hold” rating in a research report on Monday, June 3rd. Finally, Telsey Advisory Group dropped their target price on Guess? from $26.00 to $21.00 and set a “market perform” rating on the stock in a research report on Thursday, August 29th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target 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.