Susquehanna Fundamental Investments LLC Invests $2.57 Million in Guess?, Inc. (NYSE:GES)

Susquehanna Fundamental Investments LLC purchased a new position in Guess?, Inc. (NYSE:GES - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 182,870 shares of the company's stock, valued at approximately $2,571,000. Susquehanna Fundamental Investments LLC owned about 0.36% of Guess? as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of GES. Dimensional Fund Advisors LP increased its position in Guess? by 7.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,290,336 shares of the company's stock valued at $46,261,000 after purchasing an additional 228,601 shares during the period. Vanguard Group Inc. grew its holdings 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 during the period. Charles Schwab Investment Management Inc. raised its position in shares of 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 acquiring an additional 167,782 shares in the last quarter. Sanctuary Advisors LLC grew its stake in Guess? by 3.5% in the fourth quarter. Sanctuary Advisors LLC now owns 715,343 shares of the company's stock worth $9,514,000 after purchasing an additional 24,313 shares during the period. Finally, Tieton Capital Management LLC lifted its position in Guess? by 95.6% during 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. Hedge funds and other institutional investors own 61.74% of the company's stock.

Guess? Stock Performance

GES stock traded down $0.09 on Monday, hitting $11.27. The company had a trading volume of 93,455 shares, compared to its average volume of 1,544,151. 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 12-month low of $8.48 and a 12-month high of $27.41. The stock has a market cap of $584.27 million, a price-to-earnings ratio of 9.47 and a beta of 1.25. The stock's 50-day simple moving average is $10.69 and its 200 day simple moving average is $13.41.

Guess? (NYSE:GES - Get Free Report) last posted its quarterly earnings data on Thursday, April 3rd. The company reported $1.48 earnings per share (EPS) for the quarter, topping 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 company had revenue of $932.25 million for the quarter, compared to the consensus estimate of $916.75 million. During the same quarter last year, the firm posted $2.01 earnings per share. The firm's revenue was up 4.6% compared to the same quarter last year. As a group, equities research analysts expect that Guess?, Inc. will post 1.92 earnings per share for the current fiscal year.

Guess? declared that its Board of Directors has authorized a stock repurchase program on Tuesday, March 25th that permits the company to repurchase $200.00 million in shares. This repurchase authorization permits the company to buy up to 38.5% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its stock is undervalued.

Guess? Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 2nd. Shareholders of record on Wednesday, April 16th were given 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 dividend yield of 10.65%. Guess?'s payout ratio is currently 187.50%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. UBS Group lowered 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. Telsey Advisory Group reiterated a "market perform" rating and set a $13.00 target price on shares of Guess? in a report on Friday, April 4th.

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.