Investors Research Corp Has $195,000 Position in Guess?, Inc. (NYSE:GES)

Investors Research Corp lowered its stake in shares of Guess?, Inc. (NYSE:GES) by 16.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,850 shares of the company’s stock after selling 2,700 shares during the period. Investors Research Corp’s holdings in Guess? were worth $195,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of GES. Quarry LP boosted its stake in shares of Guess? by 216.9% during the 3rd quarter. Quarry LP now owns 3,359 shares of the company’s stock valued at $68,000 after buying an additional 2,299 shares during the period. EMC Capital Management boosted its stake in shares of Guess? by 158.0% during the 4th quarter. EMC Capital Management now owns 9,908 shares of the company’s stock valued at $139,000 after buying an additional 6,068 shares during the period. Amundi boosted 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 during the period. Versor Investments LP bought a new position in shares of Guess? during the 4th quarter valued at $256,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Guess? by 23.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,533 shares of the company’s stock valued at $280,000 after purchasing an additional 3,906 shares in the last quarter. Institutional investors and hedge funds own 61.74% of the company’s stock.

Analysts Set New Price Targets

GES has been the topic of a number of recent research reports. UBS Group cut their price target on shares of Guess? from $18.00 to $16.00 and set a “neutral” rating on the stock in a report on Wednesday, November 27th. Telsey Advisory Group cut their price target on shares of Guess? from $21.00 to $18.00 and set a “market perform” rating on the stock in a 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. Based on data from MarketBeat, Guess? presently has a consensus rating of “Hold” and a consensus price target of $25.00.

Guess? Stock Up 3.2 %

Guess? stock opened at $11.32 on Tuesday. The company has a market capitalization of $582.24 million, a P/E ratio of 9.51 and a beta of 1.87. Guess?, Inc. has a 1-year low of $9.40 and a 1-year high of $33.50. The company has a current ratio of 1.54, a quick ratio of 0.74 and a debt-to-equity ratio of 1.18. The firm’s fifty day simple moving average is $12.45 and its 200-day simple moving average is $15.95.

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.