Tieton Capital Management LLC Decreases Stock Holdings in Guess?, Inc. (NYSE:GES)

Tieton Capital Management LLC trimmed its position in Guess?, Inc. (NYSE:GES) by 0.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 237,021 shares of the company’s stock after selling 825 shares during the quarter. Guess? accounts for approximately 2.5% of Tieton Capital Management LLC’s holdings, making the stock its 20th biggest holding. Tieton Capital Management LLC owned about 0.46% of Guess? worth $4,771,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in GES. SummerHaven Investment Management LLC grew its position in Guess? by 1.7% during the 2nd quarter. SummerHaven Investment Management LLC now owns 38,433 shares of the company’s stock valued at $784,000 after purchasing an additional 642 shares during the last quarter. Quest Partners LLC lifted its stake in Guess? by 186.2% during the 2nd quarter. Quest Partners LLC now owns 1,305 shares of the company’s stock valued at $27,000 after acquiring an additional 849 shares during the period. EMC Capital Management lifted its stake in Guess? by 10.0% during the 1st quarter. EMC Capital Management now owns 9,908 shares of the company’s stock valued at $312,000 after acquiring an additional 903 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in Guess? by 4.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 23,315 shares of the company’s stock valued at $734,000 after acquiring an additional 1,076 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in Guess? by 11.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,627 shares of the company’s stock valued at $334,000 after acquiring an additional 1,720 shares during the period. 61.74% of the stock is owned by hedge funds and other institutional investors.

Guess? Trading Up 2.6 %

GES stock opened at $17.07 on Friday. The firm has a fifty day moving average price of $18.39 and a 200 day moving average price of $20.97. Guess?, Inc. has a fifty-two week low of $16.05 and a fifty-two week high of $33.50. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.76 and a current ratio of 1.47. The firm has a market cap of $877.74 million, a PE ratio of 6.88 and a beta of 1.94.

Guess? (NYSE:GES) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.01). Guess? had a return on equity of 24.18% and a net margin of 6.05%. The company had revenue of $732.60 million during the quarter, compared to the consensus estimate of $729.96 million. During the same quarter in the prior year, the business earned $0.72 earnings per share. The firm’s quarterly revenue was up 10.2% compared to the same quarter last year. Sell-side analysts anticipate that Guess?, Inc. will post 2.63 earnings per share for the current fiscal year.

Guess? Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Wednesday, September 11th were issued a $0.30 dividend. The ex-dividend date was Wednesday, September 11th. This represents a $1.20 annualized dividend and a dividend yield of 7.03%. Guess?’s payout ratio is currently 48.39%.

Analyst Upgrades and Downgrades

GES has been the topic of several recent research reports. UBS Group lowered their price objective on shares of Guess? from $24.00 to $22.00 and set a “neutral” rating on the stock in a research note on Friday, August 30th. Telsey Advisory Group lowered their price objective on shares of Guess? from $26.00 to $21.00 and set a “market perform” rating on the stock in a research note on Thursday, August 29th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $27.25.

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.