Arizona State Retirement System boosted its position in shares of Guess?, Inc. (NYSE:GES) by 224.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 100,763 shares of the company’s stock after buying an additional 69,663 shares during the quarter. Arizona State Retirement System’s holdings in Guess? were worth $1,701,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of GES. Majedie Asset Management Ltd bought a new stake in Guess? during the 3rd quarter valued at $12,333,000. Bank of New York Mellon Corp raised its holdings in Guess? by 21.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,343,471 shares of the company’s stock worth $56,938,000 after purchasing an additional 587,533 shares in the last quarter. Columbus Circle Investors bought a new position in Guess? in the 3rd quarter worth $8,250,000. Point72 Asset Management L.P. bought a new position in Guess? in the 3rd quarter worth $5,136,000. Finally, WINTON GROUP Ltd bought a new position in Guess? in the 3rd quarter worth $2,310,000. Institutional investors own 82.35% of the company’s stock.

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Guess?, Inc. (NYSE GES) opened at $15.33 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.58 and a quick ratio of 1.36. The stock has a market cap of $1,260.00, a PE ratio of -383.25, a P/E/G ratio of 0.97 and a beta of 0.54. Guess?, Inc. has a 12 month low of $9.56 and a 12 month high of $19.62.

Several brokerages have commented on GES. B. Riley upgraded shares of Guess? from a “neutral” rating to a “buy” rating and set a $17.00 price objective for the company in a report on Monday, February 26th. Zacks Investment Research upgraded shares of Guess? from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a report on Wednesday, February 28th. KeyCorp restated a “sector weight” rating on shares of Guess? in a report on Tuesday, February 20th. Finally, Cowen restated a “hold” rating and issued a $17.00 price objective on shares of Guess? in a report on Wednesday, November 22nd. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $15.74.

In related news, Director Kay Isaacson-Leibowitz sold 4,000 shares of the stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $17.73, for a total value of $70,920.00. Following the completion of the transaction, the director now directly owns 38,433 shares in the company, valued at approximately $681,417.09. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 29.60% of the stock is owned by company insiders.

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Guess? Company Profile

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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Institutional Ownership by Quarter for Guess? (NYSE:GES)

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