Tieton Capital Management LLC Acquires 226,705 Shares of Guess?, Inc. (NYSE:GES)

Tieton Capital Management LLC raised its stake in Guess?, Inc. (NYSE:GES) by 95.6% in the fourth quarter, Holdings Channel reports. The firm owned 463,726 shares of the company’s stock after acquiring an additional 226,705 shares during the quarter. Guess? comprises approximately 2.6% of Tieton Capital Management LLC’s investment portfolio, making the stock its 20th biggest position. Tieton Capital Management LLC’s holdings in Guess? were worth $6,520,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in GES. Quest Partners LLC increased its stake in Guess? by 1,235.5% during the 3rd quarter. Quest Partners LLC now owns 17,428 shares of the company’s stock worth $351,000 after acquiring an additional 16,123 shares during the period. Segall Bryant & Hamill LLC raised 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 worth $2,290,000 after buying an additional 2,288 shares during the period. Intech Investment Management LLC acquired a new position in Guess? during the 3rd quarter worth approximately $918,000. Charles Schwab Investment Management Inc. increased its holdings in Guess? by 4.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,215,395 shares of the company’s stock worth $24,466,000 after purchasing an additional 54,990 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd grew its holdings in shares of Guess? by 139.7% in the third quarter. Dynamic Technology Lab Private Ltd now owns 62,265 shares of the company’s stock valued at $1,253,000 after acquiring an additional 36,287 shares in the last quarter. 61.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on GES shares. UBS Group dropped their target price on Guess? from $15.00 to $12.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 11th. Telsey Advisory Group restated a “market perform” rating and issued a $18.00 price objective on shares of Guess? in a report on Tuesday, March 18th.

Guess? Stock Performance

GES stock opened at $11.99 on Monday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.54 and a quick ratio of 0.74. The business has a 50-day moving average price of $11.96 and a 200 day moving average price of $15.35. The company has a market capitalization of $616.76 million, a P/E ratio of 10.07 and a beta of 1.87. Guess?, Inc. has a 1-year low of $9.24 and a 1-year high of $33.50.

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.