Venture Visionary Partners LLC Buys Shares of 46,212 Guess?, Inc. (NYSE:GES)

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Venture Visionary Partners LLC purchased a new stake in Guess?, Inc. (NYSE:GES - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 46,212 shares of the company's stock, valued at approximately $1,066,000. Venture Visionary Partners LLC owned 0.09% of Guess? as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Guess? by 4.2% in the 1st quarter. Vanguard Group Inc. now owns 4,555,857 shares of the company's stock valued at $99,546,000 after acquiring an additional 184,983 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Guess? by 1.3% during the first quarter. Dimensional Fund Advisors LP now owns 3,970,545 shares of the company's stock worth $86,760,000 after purchasing an additional 50,371 shares during the period. State Street Corp increased its holdings in shares of Guess? by 2.2% during the second quarter. State Street Corp now owns 1,499,678 shares of the company's stock worth $29,169,000 after purchasing an additional 32,367 shares during the period. Marshall Wace LLP increased its holdings in shares of Guess? by 134.2% during the second quarter. Marshall Wace LLP now owns 1,439,324 shares of the company's stock worth $27,995,000 after purchasing an additional 824,836 shares during the period. Finally, LSV Asset Management increased its holdings in shares of Guess? by 147.8% during the third quarter. LSV Asset Management now owns 1,378,389 shares of the company's stock worth $29,828,000 after purchasing an additional 822,089 shares during the period. 61.74% of the stock is owned by institutional investors.


Guess? Trading Down 1.9 %

NYSE GES traded down $0.59 during mid-day trading on Friday, reaching $30.39. 1,327,346 shares of the stock were exchanged, compared to its average volume of 1,744,310. Guess?, Inc. has a one year low of $17.21 and a one year high of $33.50. The stock has a 50 day simple moving average of $26.08 and a 200-day simple moving average of $23.68. The stock has a market cap of $1.62 billion, a P/E ratio of 10.48 and a beta of 1.98. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.55 and a quick ratio of 0.96.

Guess? (NYSE:GES - Get Free Report) last posted its quarterly earnings results on Wednesday, March 20th. The company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.55 by $0.46. Guess? had a net margin of 7.14% and a return on equity of 30.02%. The firm had revenue of $891.05 million during the quarter, compared to the consensus estimate of $855.54 million. During the same period in the previous year, the firm posted $1.74 earnings per share. The business's revenue was up 9.0% compared to the same quarter last year. On average, analysts anticipate that Guess?, Inc. will post 2.91 EPS for the current year.

Guess? Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 3rd. Shareholders of record on Wednesday, April 17th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.95%. The ex-dividend date is Tuesday, April 16th. Guess?'s dividend payout ratio (DPR) is currently 41.38%.

Analyst Ratings Changes

GES has been the topic of several recent research reports. B. Riley reaffirmed a "buy" rating and set a $33.00 target price (up from $31.00) on shares of Guess? in a report on Wednesday, February 21st. StockNews.com upgraded shares of Guess? from a "hold" rating to a "buy" rating in a research report on Friday, March 22nd. Telsey Advisory Group raised their price target on shares of Guess? from $23.00 to $30.00 and gave the company a "market perform" rating in a research note on Thursday, March 21st. Jefferies Financial Group raised their price target on shares of Guess? from $24.00 to $29.00 and gave the company a "hold" rating in a research note on Thursday, March 21st. Finally, UBS Group raised their price target on shares of Guess? from $26.00 to $32.00 and gave the company a "neutral" rating in a research note on Monday, March 25th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $31.00.

Check Out Our Latest Stock Analysis on Guess?

About Guess?

(Free Report)

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.

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Institutional Ownership by Quarter for Guess? (NYSE:GES)

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