40,464 Shares in Guess?, Inc. $GES Acquired by BCK Capital Management LP

BCK Capital Management LP purchased a new stake in shares of Guess?, Inc. (NYSE:GES) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 40,464 shares of the company’s stock, valued at approximately $676,000. BCK Capital Management LP owned approximately 0.08% of Guess? at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund grew its holdings in shares of Guess? by 9.5% during the third quarter. Oregon Public Employees Retirement Fund now owns 6,912 shares of the company’s stock worth $116,000 after purchasing an additional 600 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in Guess? by 4.7% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 20,277 shares of the company’s stock worth $245,000 after buying an additional 915 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Guess? by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 261,185 shares of the company’s stock worth $4,364,000 after acquiring an additional 925 shares during the last quarter. Louisiana State Employees Retirement System increased its position in Guess? by 9.3% in the 3rd quarter. Louisiana State Employees Retirement System now owns 14,100 shares of the company’s stock valued at $236,000 after acquiring an additional 1,200 shares in the last quarter. Finally, Illinois Municipal Retirement Fund raised its stake in shares of Guess? by 15.3% in the third quarter. Illinois Municipal Retirement Fund now owns 14,665 shares of the company’s stock worth $245,000 after acquiring an additional 1,951 shares during the last quarter. Institutional investors and hedge funds own 61.74% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on GES. Telsey Advisory Group reissued a “market perform” rating and set a $16.75 price target on shares of Guess? in a research note on Monday, January 26th. Zacks Research upgraded Guess? from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 13th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Guess? in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Guess? has an average rating of “Hold” and a consensus price target of $16.75.

Guess? Price Performance

Shares of GES stock opened at $16.82 on Friday. The firm’s 50 day moving average price is $16.80 and its two-hundred day moving average price is $16.59. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.79 and a current ratio of 1.63. Guess?, Inc. has a 52-week low of $8.48 and a 52-week high of $17.15. The stock has a market cap of $877.20 million, a PE ratio of 15.15 and a beta of 0.96.

Guess? (NYSE:GES) last posted its quarterly earnings results on Tuesday, November 25th. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.10. Guess? had a return on equity of 16.11% and a net margin of 2.56%.The company had revenue of $791.43 million for the quarter, compared to the consensus estimate of $767.93 million. During the same quarter in the prior year, the business posted $0.34 EPS. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. As a group, analysts forecast that Guess?, Inc. will post 1.92 EPS for the current year.

Guess? Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 10th were given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 5.4%. The ex-dividend date was Wednesday, December 10th. Guess?’s payout ratio is presently 81.08%.

About Guess?

Guess?, Inc is a global fashion brand known for its lifestyle apparel, footwear and accessories. The company designs, markets and distributes a portfolio of apparel products under various brands, including its flagship Guess line and the premium Marciano label. Through its vertically integrated business model, Guess? oversees product development, manufacturing arrangements, marketing and distribution across wholesale and retail channels.

Guess?’s product offerings span denim, ready-to-wear, handbags, watches, jewelry and footwear for men, women and children.