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

AlphaQuest LLC raised its holdings in shares of Guess?, Inc. (NYSE:GES) by 17.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of GES. Segall Bryant & Hamill LLC lifted its stake in Guess? by 2.1% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 113,775 shares of the company’s stock valued at $2,290,000 after acquiring an additional 2,288 shares in the last quarter. Quarry LP lifted its position in shares of Guess? by 216.9% during the third quarter. Quarry LP now owns 3,359 shares of the company’s stock valued at $68,000 after purchasing an additional 2,299 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Guess? by 23.5% during the fourth 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. Quantbot Technologies LP boosted its holdings in Guess? by 4.0% during the third quarter. Quantbot Technologies LP now owns 112,139 shares of the company’s stock worth $2,257,000 after purchasing an additional 4,284 shares during the last quarter. Finally, Wedge Capital Management L L P NC grew its position in Guess? by 8.9% in the 4th quarter. Wedge Capital Management L L P NC now owns 72,396 shares of the company’s stock worth $1,018,000 after purchasing an additional 5,906 shares in the last quarter. Institutional investors and hedge funds own 61.74% of the company’s stock.

Guess? Stock Up 4.7 %

Guess? stock opened at $9.71 on Friday. The firm has a 50 day moving average price of $12.11 and a 200-day moving average price of $15.70. The company has a quick ratio of 0.74, a current ratio of 1.54 and a debt-to-equity ratio of 1.18. Guess?, Inc. has a twelve month low of $9.24 and a twelve month high of $33.50. The company has a market capitalization of $499.44 million, a P/E ratio of 8.16 and a beta of 1.87.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. UBS Group cut their target price on Guess? from $15.00 to $12.00 and set a “neutral” rating on the stock in a research note on Tuesday. Telsey Advisory Group cut their price objective on Guess? from $21.00 to $18.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 27th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $24.00.

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.