Natixis Has $4.01 Million Stake in Guess?, Inc. (NYSE:GES)

Natixis raised its position in shares of Guess?, Inc. (NYSE:GES - Free Report) by 743.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 285,100 shares of the company's stock after acquiring an additional 251,300 shares during the period. Natixis owned approximately 0.55% of Guess? worth $4,009,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Guess? by 7.6% in the fourth quarter. Vanguard Group Inc. now owns 3,274,565 shares of the company's stock valued at $46,040,000 after buying an additional 231,926 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Guess? by 7.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,290,336 shares of the company's stock valued at $46,261,000 after buying an additional 228,601 shares during the period. Tieton Capital Management LLC lifted its stake in shares of Guess? by 95.6% in the fourth quarter. Tieton Capital Management LLC now owns 463,726 shares of the company's stock valued at $6,520,000 after buying an additional 226,705 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Guess? by 13.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,383,177 shares of the company's stock valued at $19,447,000 after buying an additional 167,782 shares during the period. Finally, KBC Group NV acquired a new position in Guess? in the fourth quarter worth about $2,349,000. 61.74% of the stock is currently owned by institutional investors.

Guess? Price Performance

Shares of NYSE GES traded up $0.11 during mid-day trading on Friday, hitting $11.76. 1,612,306 shares of the stock were exchanged, compared to its average volume of 1,258,987. The company has a market cap of $609.61 million, a P/E ratio of 9.88 and a beta of 1.43. The stock's fifty day simple moving average is $10.74 and its two-hundred day simple moving average is $13.69. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.74 and a current ratio of 1.54. Guess?, Inc. has a twelve month low of $8.48 and a twelve month high of $27.41.

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

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 issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.20%. The ex-dividend date is Wednesday, April 16th. Guess?'s dividend payout ratio is currently 187.50%.

Guess? announced that its Board of Directors has authorized a share repurchase plan on Tuesday, March 25th that authorizes the company to repurchase $200.00 million in shares. This repurchase authorization authorizes the company to buy up to 38.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Telsey Advisory Group reissued a "market perform" rating and issued a $13.00 price target on shares of Guess? in a research report on Friday, April 4th. UBS Group dropped their price target on shares of Guess? from $15.00 to $12.00 and set a "neutral" rating for the company in a research report on Tuesday, March 11th.

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.