XTX Topco Ltd Acquires 22,391 Shares of Guess?, Inc. (NYSE:GES)

XTX Topco Ltd boosted its holdings in shares of Guess?, Inc. (NYSE:GES) by 201.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,506 shares of the company’s stock after purchasing an additional 22,391 shares during the period. XTX Topco Ltd owned about 0.06% of Guess? worth $684,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Optimist Retirement Group LLC bought a new position in shares of Guess? during the 2nd quarter worth approximately $212,000. Hsbc Holdings PLC raised its stake in Guess? by 25.5% during the second quarter. Hsbc Holdings PLC now owns 57,149 shares of the company’s stock worth $1,163,000 after acquiring an additional 11,628 shares in the last quarter. Edgestream Partners L.P. bought a new position in shares of Guess? during the second quarter valued at $385,000. Renaissance Technologies LLC boosted its stake in shares of Guess? by 16.4% in the 2nd quarter. Renaissance Technologies LLC now owns 116,850 shares of the company’s stock valued at $2,384,000 after purchasing an additional 16,450 shares in the last quarter. Finally, WINTON GROUP Ltd grew its holdings in shares of Guess? by 423.1% in the 2nd quarter. WINTON GROUP Ltd now owns 191,982 shares of the company’s stock worth $3,916,000 after purchasing an additional 155,281 shares during the last quarter. 61.74% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. StockNews.com lowered shares of Guess? from a “buy” rating to a “hold” rating in a research report on Monday, June 3rd. Telsey Advisory Group reduced their target price on Guess? from $26.00 to $21.00 and set a “market perform” rating on the stock in a report on Thursday, August 29th. Finally, UBS Group dropped their price target on Guess? from $24.00 to $22.00 and set a “neutral” rating for the company in a report on Friday, August 30th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, Guess? has a consensus rating of “Hold” and an average price target of $27.25.

Guess? Trading Down 1.3 %

Shares of NYSE GES opened at $19.28 on Monday. Guess?, Inc. has a 1-year low of $18.52 and a 1-year high of $33.50. The company has a 50-day moving average of $21.45 and a two-hundred day moving average of $23.87. The company has a market cap of $1.03 billion, a PE ratio of 5.76 and a beta of 1.92. The company has a current ratio of 1.47, a quick ratio of 0.76 and a debt-to-equity ratio of 1.01.

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

Guess? Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Wednesday, September 11th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 6.22%. The ex-dividend date is Wednesday, September 11th. Guess?’s dividend payout ratio is 35.82%.

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.