Dimensional Fund Advisors LP Has $46.26 Million Position in Guess?, Inc. (NYSE:GES)

Dimensional Fund Advisors LP raised its holdings in shares of Guess?, Inc. (NYSE:GES - Free Report) by 7.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,290,336 shares of the company's stock after acquiring an additional 228,601 shares during the quarter. Dimensional Fund Advisors LP owned approximately 6.39% of Guess? worth $46,261,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of 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 acquiring an additional 231,926 shares during the period. Tieton Capital Management LLC raised its position in shares of Guess? by 95.6% during the 4th quarter. Tieton Capital Management LLC now owns 463,726 shares of the company's stock worth $6,520,000 after buying an additional 226,705 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Guess? by 13.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,383,177 shares of the company's stock worth $19,447,000 after purchasing an additional 167,782 shares during the period. KBC Group NV bought a new position in shares of Guess? during the 4th quarter valued at $2,349,000. Finally, Atlas Legacy Advisors LLC bought a new stake in shares of Guess? in the fourth quarter valued at about $2,191,000. Institutional investors and hedge funds own 61.74% of the company's stock.

Guess? Stock Performance

Shares of NYSE GES traded up $0.03 during trading on Friday, reaching $11.48. 66,797 shares of the company traded hands, compared to its average volume of 1,501,088. The firm's fifty day simple moving average is $10.74 and its 200 day simple moving average is $13.26. Guess?, Inc. has a 12-month low of $8.48 and a 12-month high of $27.41. The stock has a market cap of $595.10 million, a P/E ratio of 9.65 and a beta of 1.25. The company has a current ratio of 1.54, a quick ratio of 0.74 and a debt-to-equity ratio of 1.18.

Guess? (NYSE:GES - Get Free Report) last announced its quarterly earnings results on Thursday, April 3rd. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.41 by $0.07. Guess? had a return on equity of 23.29% and a net margin of 3.19%. The firm had revenue of $932.25 million during the quarter, compared to the consensus estimate of $916.75 million. During the same period in the prior year, the company posted $2.01 earnings per share. The firm's quarterly revenue was up 4.6% compared to the same quarter last year. As a group, research analysts anticipate that Guess?, Inc. will post 1.92 earnings per share for the current fiscal year.

Guess? Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 2nd. Shareholders of record on Wednesday, April 16th were issued a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, April 16th. This represents a $1.20 dividend on an annualized basis and a yield of 10.45%. Guess?'s dividend payout ratio is currently 187.50%.

Guess? announced that its Board of Directors has approved a stock buyback program on Tuesday, March 25th that allows the company to repurchase $200.00 million in shares. This repurchase authorization allows the company to buy up to 38.5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

GES has been the topic of a number of recent analyst reports. UBS Group reduced their price target on shares of Guess? from $15.00 to $12.00 and set a "neutral" rating on the stock in a research report on Tuesday, March 11th. Telsey Advisory Group reaffirmed a "market perform" rating and set a $13.00 target price on shares of Guess? in a research report on Friday, April 4th.

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.