Texas Permanent School Fund trimmed its holdings in Guess?, Inc. (NYSE:GES) by 7.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,526 shares of the company’s stock after selling 3,242 shares during the quarter. Texas Permanent School Fund’s holdings in Guess? were worth $684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also made changes to their positions in the company. Cubist Systematic Strategies LLC acquired a new position in shares of Guess? in the 2nd quarter valued at about $129,000. Piedmont Investment Advisors LLC acquired a new position in shares of Guess? in the 2nd quarter valued at about $168,000. Invictus RG acquired a new position in shares of Guess? in the 3rd quarter valued at about $256,000. Quantitative Systematic Strategies LLC acquired a new position in shares of Guess? in the 3rd quarter valued at about $281,000. Finally, Crossmark Global Holdings Inc. acquired a new position in shares of Guess? in the 3rd quarter valued at about $430,000. 83.59% of the stock is currently owned by institutional investors.
In related news, Director Kay Isaacson-Leibowitz sold 4,000 shares of the business’s stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of $17.73, for a total value of $70,920.00. Following the completion of the sale, the director now directly owns 38,433 shares of the company’s stock, valued at approximately $681,417.09. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 29.60% of the company’s stock.
Shares of Guess?, Inc. (NYSE:GES) opened at $15.54 on Friday. Guess?, Inc. has a 12-month low of $9.56 and a 12-month high of $19.62. The company has a market capitalization of $1,278.54, a PE ratio of 32.38, a P/E/G ratio of 1.05 and a beta of 0.42. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.58 and a quick ratio of 1.36.
Guess? (NYSE:GES) last issued its earnings results on Tuesday, November 21st. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. Guess? had a positive return on equity of 4.35% and a negative net margin of 0.10%. The business had revenue of $554.00 million during the quarter, compared to analyst estimates of $569.75 million. During the same period in the previous year, the company posted $0.11 EPS. The firm’s revenue was up 3.3% compared to the same quarter last year. equities analysts anticipate that Guess?, Inc. will post 0.61 earnings per share for the current fiscal year.
Guess?, Inc designs, markets, distributes and licenses a lifestyle collections of apparel and accessories for men, women and children. The Company operates through five segments: Americas Retail, Europe, Asia, Americas Wholesale and Licensing. The Americas Retail segment includes the Company’s retail and e-commerce operations in North and Central America and its retail operations in South America.
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