Guess?, Inc. (NYSE:GES) Shares Acquired by Guggenheim Capital LLC

Guggenheim Capital LLC increased its position in shares of Guess?, Inc. (NYSE:GES - Free Report) by 123.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,022 shares of the company's stock after acquiring an additional 23,247 shares during the period. Guggenheim Capital LLC owned about 0.08% of Guess? worth $591,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in GES. Vanguard Group Inc. raised its position in shares of Guess? by 7.6% during the 4th 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 in the last quarter. KBC Group NV purchased a new position in shares of Guess? during the 4th quarter worth approximately $2,349,000. Atlas Legacy Advisors LLC acquired a new stake in Guess? in the fourth quarter valued at $2,191,000. Charles Schwab Investment Management Inc. boosted its holdings in Guess? by 13.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,383,177 shares of the company's stock worth $19,447,000 after buying an additional 167,782 shares in the last quarter. Finally, Tieton Capital Management LLC grew its holdings in shares of Guess? by 95.6% in the 4th quarter. Tieton Capital Management LLC now owns 463,726 shares of the company's stock worth $6,520,000 after acquiring an additional 226,705 shares during the period. 61.74% of the stock is owned by hedge funds and other institutional investors.

Guess? Trading Up 1.7 %

GES traded up $0.19 during trading on Thursday, hitting $11.44. 78,313 shares of the company's stock were exchanged, compared to its average volume of 1,247,914. The stock has a 50 day moving average price of $10.70 and a 200 day moving average price of $13.60. 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?, Inc. has a 1 year low of $8.48 and a 1 year high of $27.41. The firm has a market cap of $593.13 million, a P/E ratio of 9.65 and a beta of 1.43.

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

Guess? announced that its Board of Directors has initiated a stock buyback plan on Tuesday, March 25th that permits the company to buyback $200.00 million in outstanding shares. This buyback authorization permits the company to buy up to 38.5% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

Guess? Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Wednesday, April 16th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.49%. Guess?'s dividend payout ratio (DPR) is presently 187.50%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on GES shares. Telsey Advisory Group restated a "market perform" rating and set a $13.00 target price on shares of Guess? in a research report on Friday, April 4th. UBS Group lowered their price target on Guess? from $15.00 to $12.00 and set a "neutral" rating for the company in a report on Tuesday, March 11th.

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.