Pacer Advisors Inc. Has $3.83 Million Stock Holdings in Guess?, Inc. (NYSE:GES)

Pacer Advisors Inc. decreased its holdings in shares of Guess?, Inc. (NYSE:GES - Free Report) by 88.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 346,252 shares of the company's stock after selling 2,728,666 shares during the quarter. Pacer Advisors Inc. owned approximately 0.67% of Guess? worth $3,833,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its holdings in Guess? by 7.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,290,336 shares of the company's stock worth $46,261,000 after purchasing an additional 228,601 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Guess? by 7.6% during the fourth quarter. Vanguard Group Inc. now owns 3,274,565 shares of the company's stock worth $46,040,000 after purchasing an additional 231,926 shares during the last quarter. Millennium Management LLC lifted its stake in Guess? by 160.2% in the fourth quarter. Millennium Management LLC now owns 1,159,249 shares of the company's stock valued at $16,299,000 after acquiring an additional 713,666 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in Guess? by 8.6% in the fourth quarter. BNP Paribas Financial Markets now owns 1,020,538 shares of the company's stock valued at $14,349,000 after acquiring an additional 80,944 shares during the last quarter. Finally, Allianz Asset Management GmbH lifted its stake in Guess? by 38.4% in the first quarter. Allianz Asset Management GmbH now owns 644,308 shares of the company's stock valued at $7,132,000 after acquiring an additional 178,848 shares during the last quarter. Institutional investors and hedge funds own 61.74% of the company's stock.

Guess? Stock Performance

GES stock traded down $0.44 during trading hours on Tuesday, reaching $13.26. The stock had a trading volume of 523,059 shares, compared to its average volume of 595,146. The stock has a market capitalization of $689.68 million, a PE ratio of -55.24 and a beta of 1.23. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.57 and a quick ratio of 0.76. The stock has a 50-day simple moving average of $12.17 and a 200 day simple moving average of $11.71. Guess?, Inc. has a fifty-two week low of $8.48 and a fifty-two week high of $24.33.

Guess? (NYSE:GES - Get Free Report) last announced its quarterly earnings results on Thursday, June 5th. The company reported ($0.44) EPS for the quarter, beating analysts' consensus estimates of ($0.70) by $0.26. The firm had revenue of $647.80 million during the quarter, compared to analysts' expectations of $630.61 million. Guess? had a net margin of 0.47% and a return on equity of 18.25%. The company's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter last year, the company posted ($0.27) earnings per share. Analysts predict that Guess?, Inc. will post 1.92 EPS for the current fiscal year.

Guess? Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 18th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.05%. The ex-dividend date was Wednesday, June 18th. Guess?'s dividend payout ratio is presently -500.00%.

Analysts Set New Price Targets

A number of analysts have commented on GES shares. Telsey Advisory Group reiterated a "market perform" rating and issued a $13.00 price target on shares of Guess? in a research note on Monday, June 2nd. UBS Group increased their price target on shares of Guess? from $11.00 to $12.00 and gave the company a "neutral" rating in a research note on Thursday, May 22nd.

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.