Here is the rundown on market activity for Guess?, Inc. Common Stock (NYSE:GES). Anthony Chidoni, Director let go of $62,160 worth of shares at an average price of $15.54 on Fri the 15th. That brings Chidoni’s holdings to $2,451,342 as recorded in a recent Form 4 SEC filing. Yesterday CEO and Director Amigo Victor Herrero disclosed the purchase of 1,031 shares of GES stock. The shares were bought on April 18th for an average price of $17.39. The CEO and Director now owns $5,761,185 of the stock per the Form 4 SEC filing.
Here are a few additional firms who have increased or decreased their stake in (GES). Northwestern Mutual Investment Management Company, LLC added to its holdings by buying 78 shares an increase of 0.7% as of 06/30/2016. Northwestern Mutual Investment Management Company, LLC currently owns 11,062 shares valued at $166,000. The total value of its holdings decreased 19.4%. Mason Street Advisors, LLC grew its investment by buying 2,557 shares an increase of 9.6%. Mason Street Advisors, LLC controls 29,223 shares worth $440,000. The value of the position overall is down by 12.5%.
As of the end of the quarter Northwestern Mutual Wealth Management Co had bought 1 shares growing its position 1.8%. The value of the total investment in Guess?, Inc. Common Stock decreased from $1,000 to $1,000 a change of $0 quarter over quarter. As of quarter end Royal Bank Of Canada had disposed of a total of 27,627 shares trimming its stake by 59.1%. The value in dollars went from $877,000 to $288,000 a change of 67.2% for the reporting period.
On August 25 Jefferies made no change to the company rating of “Hold” but moved down the price target from $20.00 to $17.00. On July 19 the stock rating was downgraded to “Underweight” from “” in a report issued by PiperJaffray.
On May 27 the company was upgraded from “” to “Neutral” and a price target of $17.00 was set in a statement from Miller Tabek. On May 25 the company was upgraded from “Hold” to “Buy” in a report from Standpoint Research.
March 17 investment analysts at Topeka Capital held the stock rating at “Hold” but lowered the price expectation to $19.00 from $20.00. On March 17 Cowen & Company maintained a stock rating of “Market Perform” and lowered the price target from $23.00 to $21.00.
The company is trading down by -0.49 percent from yesterday’s close. Guess?, Inc. Common Stock also recently announced a dividend paid on Friday the 23rd of September 2016. The dividend was $0.225 per share for the quarter or $0.90 annualized. This dividend represents a yield of $6.03. The ex-dividend date was Friday the 2nd of September 2016.
It is trading at $14.18 which is just under $15.48, the stock’s 50 day moving average and a tad under the 200 day moving average of $16.21. The 50 day moving average went down $-1.30 or -8.37% and the 200 day average went down by -12.54%.
The company currently has a P/E ratio of 17.86 and market cap is 1.20B. As of the last earnings report the EPS was $0.79 and is expected to be $0.65 for the current year with 84,376,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $0.60 and the next full year EPS is projected to be $0.85.