Intech Investment Management LLC Has $1.94 Million Stock Position in Guess?, Inc. (NYSE:GES)

Intech Investment Management LLC increased its stake in shares of Guess?, Inc. (NYSE:GES) by 202.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 137,810 shares of the company’s stock after buying an additional 92,207 shares during the period. Intech Investment Management LLC’s holdings in Guess? were worth $1,938,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Segall Bryant & Hamill LLC lifted its position in Guess? by 2.1% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 113,775 shares of the company’s stock worth $2,290,000 after buying an additional 2,288 shares in the last quarter. Quarry LP lifted its position in 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 purchasing an additional 2,299 shares during the period. AlphaQuest LLC lifted its position in Guess? by 17.6% during the 4th quarter. AlphaQuest LLC now owns 20,498 shares of the company’s stock valued at $288,000 after purchasing an additional 3,070 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in 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 during the period. Finally, Quantbot Technologies LP lifted its position in Guess? by 4.0% during the 3rd quarter. Quantbot Technologies LP now owns 112,139 shares of the company’s stock valued at $2,257,000 after purchasing an additional 4,284 shares during the period. Institutional investors and hedge funds own 61.74% of the company’s stock.

Guess? Price Performance

Shares of GES opened at $12.05 on Friday. The stock has a market capitalization of $619.80 million, a P/E ratio of 10.12 and a beta of 1.87. Guess?, Inc. has a twelve month low of $9.24 and a twelve month high of $33.50. The company has a 50 day moving average of $11.99 and a 200-day moving average of $15.47. The company has a quick ratio of 0.74, a current ratio of 1.54 and a debt-to-equity ratio of 1.18.

Analysts Set New Price Targets

A number of research firms have issued reports on GES. Telsey Advisory Group restated a “market perform” rating and set a $18.00 target price on shares of Guess? in a research report on Tuesday. UBS Group cut their target price on shares of Guess? from $15.00 to $12.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 11th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $24.00.

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.