UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 238,869 Shares of Guess?, Inc. (NYSE:GES)
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its stake in shares of Guess?, Inc. (NYSE:GES – Free Report) by 78.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,819 shares of the company’s stock after selling 238,869 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.13% of Guess? worth $925,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other institutional investors and hedge funds have also bought and sold shares of the stock. Freestone Grove Partners LP purchased a new stake in Guess? in the 4th quarter worth approximately $171,000. Point72 Hong Kong Ltd purchased a new stake in Guess? in the 4th quarter worth approximately $175,000. Jump Financial LLC purchased a new stake in Guess? in the 4th quarter worth approximately $191,000. Amundi lifted its holdings in Guess? by 109.6% in the 4th quarter. Amundi now owns 14,291 shares of the company’s stock worth $193,000 after buying an additional 7,472 shares during the period. Finally, Brevan Howard Capital Management LP purchased a new stake in Guess? in the 4th quarter worth approximately $206,000. 61.74% of the stock is currently owned by institutional investors. Wall Street Analyst Weigh In Several research firms recently weighed in on GES. UBS Group lifted their price target on Guess? from $11.00 to $12.00 and gave the company a “neutral” rating in a research report on Thursday, May 22nd. Telsey Advisory Group restated a “market perform” rating and set a $13.00 price target on shares of Guess? in a research report on Monday, June 2nd. Read Our Latest Research Report on Guess? Guess? Stock Performance Shares of GES opened at $12.47 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 1.54 and a debt-to-equity ratio of 1.18. The business has a 50-day simple moving average of $10.92 and a two-hundred day simple moving average of $12.32. The stock has a market cap of $648.32 million, a price-to-earnings ratio of 10.47 and a beta of 1.20. Guess?, Inc. has a 52 week low of $8.48 and a 52 week high of $24.64. Guess? (NYSE:GES – Get Free Report) last released its quarterly earnings data on Thursday, June 5th. The company reported ($0.44) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.70) by $0.26. Guess? had a return on equity of 23.29% and a net margin of 3.19%. The firm had revenue of $647.80 million during the quarter, compared to analyst estimates of $630.61 million. During the same quarter in the prior year, the company posted ($0.27) earnings per share. The business’s quarterly revenue was up 9.4% compared to the same quarter last year. On average, analysts expect that Guess?, Inc. will post 1.92 EPS for the current year. Guess? Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 18th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 9.63%. The ex-dividend date of this dividend is Wednesday, June 18th. Guess?’s payout ratio is -500.00%. Guess? declared that its board has approved a stock repurchase program on Tuesday, March 25th that permits the company to buyback $200.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 38.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued. Guess? Profile (Free Report) 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.
Jun 11, 2025 | www.defenseworld.net