Fuller & Thaler Asset Management Inc. Takes Position in Genesco Inc. (NYSE:GCO)

Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Genesco Inc. (NYSE:GCO - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 17,925 shares of the company's stock, valued at approximately $766,000. Fuller & Thaler Asset Management Inc. owned about 0.16% of Genesco as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Portolan Capital Management LLC acquired a new stake in shares of Genesco during the fourth quarter valued at $19,847,000. Marshall Wace LLP boosted its stake in shares of Genesco by 28.6% during the fourth quarter. Marshall Wace LLP now owns 428,143 shares of the company's stock valued at $18,303,000 after acquiring an additional 95,195 shares during the last quarter. State Street Corp boosted its stake in shares of Genesco by 2.1% during the third quarter. State Street Corp now owns 320,691 shares of the company's stock valued at $8,713,000 after acquiring an additional 6,587 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Genesco by 25.3% during the fourth quarter. American Century Companies Inc. now owns 276,807 shares of the company's stock valued at $11,833,000 after acquiring an additional 55,977 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Genesco by 124.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 251,142 shares of the company's stock worth $6,824,000 after buying an additional 139,485 shares during the last quarter. Institutional investors and hedge funds own 94.51% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Genesco from a "buy" rating to a "hold" rating in a research note on Tuesday, April 15th.

Insider Transactions at Genesco

In other news, major shareholder Fund 1 Investments, Llc sold 12,000 shares of the firm's stock in a transaction dated Friday, March 28th. The stock was sold at an average price of $20.73, for a total value of $248,760.00. Following the transaction, the insider now directly owns 1,097,850 shares in the company, valued at $22,758,430.50. This trade represents a 1.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Gregory A. Sandfort acquired 10,974 shares of the business's stock in a transaction dated Thursday, March 20th. The stock was purchased at an average price of $22.92 per share, for a total transaction of $251,524.08. Following the completion of the acquisition, the director now owns 26,754 shares in the company, valued at approximately $613,201.68. This trade represents a 69.54 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 7.09% of the company's stock.

Genesco Trading Down 0.4 %

NYSE:GCO traded down $0.08 during mid-day trading on Thursday, reaching $19.33. The company's stock had a trading volume of 47,285 shares, compared to its average volume of 207,726. The company's fifty day simple moving average is $23.06 and its two-hundred day simple moving average is $32.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.56 and a quick ratio of 0.32. Genesco Inc. has a twelve month low of $16.19 and a twelve month high of $44.80. The stock has a market cap of $213.31 million, a P/E ratio of -7.93 and a beta of 2.25.

Genesco (NYSE:GCO - Get Free Report) last issued its quarterly earnings results on Friday, March 7th. The company reported $3.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.31 by ($0.05). Genesco had a positive return on equity of 0.56% and a negative net margin of 1.13%. The business had revenue of $745.95 million during the quarter, compared to analyst estimates of $780.43 million. During the same period in the previous year, the business posted $2.59 earnings per share. On average, equities analysts predict that Genesco Inc. will post 0.94 EPS for the current year.

About Genesco

Genesco Inc operates as a retailer and wholesaler of footwear, apparel, and accessories in the United States, Puerto Rico, Canada, the United Kingdom, and the Republic of Ireland. The company operates through four segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Genesco Brands.