Guess?, Inc. $GES Stock Holdings Lifted by Public Sector Pension Investment Board

Key Points

• Public Sector Pension Investment Board increased its holdings in Guess?, Inc. by 22.1% during the first quarter, owning approximately 0.17% of the company worth $957,000 after acquiring an additional 15,643 shares.
• Guess? reported a net margin of 0.47% with a revenue of $647.8 million for the most recent quarter, exceeding analysts' consensus estimates.
• The company declared a quarterly dividend of $0.30, reflecting an annual yield of 7.1%, despite a payout ratio of -500.00%.

Public Sector Pension Investment Board lifted its position in Guess?, Inc. (NYSE:GES - Free Report) by 22.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 86,488 shares of the company's stock after buying an additional 15,643 shares during the period. Public Sector Pension Investment Board owned approximately 0.17% of Guess? worth $957,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Comerica Bank raised its stake in shares of Guess? by 6.2% in the 4th quarter. Comerica Bank now owns 31,906 shares of the company's stock worth $449,000 after buying an additional 1,852 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Guess? by 713.0% during the first quarter. GAMMA Investing LLC now owns 2,317 shares of the company's stock worth $26,000 after purchasing an additional 2,032 shares during the period. Algert Global LLC raised its position in shares of Guess? by 2.8% during the fourth quarter. Algert Global LLC now owns 89,903 shares of the company's stock worth $1,264,000 after purchasing an additional 2,435 shares during the period. Parallel Advisors LLC raised its position in shares of Guess? by 9,137.0% during the first quarter. Parallel Advisors LLC now owns 2,494 shares of the company's stock worth $28,000 after purchasing an additional 2,467 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. raised its position in shares of Guess? by 507.5% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 3,900 shares of the company's stock worth $43,000 after purchasing an additional 3,258 shares during the period. Institutional investors own 61.74% of the company's stock.

Guess? Stock Up 0.0%

Shares of GES stock traded up $0.01 on Wednesday, reaching $16.86. 1,671,533 shares of the company's stock traded hands, compared to its average volume of 1,417,403. Guess?, Inc. has a 12-month low of $8.48 and a 12-month high of $21.26. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.76 and a current ratio of 1.57. The company has a market capitalization of $876.80 million, a P/E ratio of -70.23 and a beta of 1.24. The business's 50 day moving average price is $13.42 and its two-hundred day moving average price is $11.93.

Guess? (NYSE:GES - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.26 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.10. Guess? had a return on equity of 18.25% and a net margin of 0.47%.During the same quarter in the prior year, the business earned $0.42 EPS. The firm's quarterly revenue was up 5.5% on a year-over-year basis. On average, equities analysts forecast that Guess?, Inc. will post 1.92 earnings per share for the current year.

Guess? Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Wednesday, September 10th will be paid a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 5.3%. Guess?'s dividend payout ratio (DPR) is currently -500.00%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on GES shares. UBS Group boosted their target price on Guess? from $12.00 to $13.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 19th. Telsey Advisory Group boosted their target price on Guess? from $13.00 to $16.75 and gave the stock a "market perform" rating in a research report on Thursday, August 21st. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $14.88.

About Guess?

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.