AlphaQuest LLC Purchases 3,070 Shares of Guess?, Inc. (NYSE:GES)

AlphaQuest LLC grew its holdings in shares of Guess?, Inc. (NYSE:GES) by 17.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,498 shares of the company’s stock after purchasing an additional 3,070 shares during the quarter. AlphaQuest LLC’s holdings in Guess? were worth $288,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of GES. Amundi lifted its stake in shares of Guess? by 109.6% during the 4th quarter. Amundi now owns 14,291 shares of the company’s stock valued at $193,000 after buying an additional 7,472 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Guess? by 13.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,383,177 shares of the company’s stock valued at $19,447,000 after acquiring an additional 167,782 shares during the period. Versor Investments LP purchased a new stake in shares of Guess? during the fourth quarter worth $256,000. Atlas Legacy Advisors LLC bought a new position in shares of Guess? in the fourth quarter worth $2,191,000. Finally, Sanctuary Advisors LLC grew its position in shares of Guess? by 3.5% in the fourth quarter. Sanctuary Advisors LLC now owns 715,343 shares of the company’s stock valued at $9,514,000 after purchasing an additional 24,313 shares in the last quarter. Hedge funds and other institutional investors own 61.74% of the company’s stock.

Guess? Price Performance

NYSE:GES opened at $9.71 on Friday. The firm has a market capitalization of $499.44 million, a price-to-earnings ratio of 8.16 and a beta of 1.87. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.74 and a current ratio of 1.54. The stock has a fifty day moving average of $12.11 and a 200 day moving average of $15.70. Guess?, Inc. has a 52-week low of $9.24 and a 52-week high of $33.50.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. UBS Group cut their target price on Guess? from $15.00 to $12.00 and set a “neutral” rating for the company in a research note on Tuesday. Telsey Advisory Group cut their price objective on shares of Guess? from $21.00 to $18.00 and set a “market perform” rating for the company in a research report on Wednesday, November 27th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, Guess? presently has an average rating of “Hold” and an average price target of $24.00.

Guess? Company 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.