Macquarie Reaffirms Genesco Inc (NYSE:GCO) As a “Hold”; They Now Have a Target Price Of $39

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Investors sentiment decreased to 1.53 in Q4 2018. Its down 0.13, from 1.66 in 2018Q3. It worsened, as 16 investors sold Genesco Inc. shares while 52 reduced holdings. 37 funds opened positions while 67 raised stakes. 19.99 million shares or 2.88% more from 19.43 million shares in 2018Q3 were reported.

Strs Ohio accumulated 0% or 16,800 shares. Connor Clark Lunn Mgmt holds 10,790 shares or 0% of its portfolio. Legal & General Group Inc Public Ltd Co has 65,862 shares for 0% of their portfolio. Prudential reported 0.04% in Genesco Inc. (NYSE:GCO). Voya Invest Ltd Liability Company owns 0% invested in Genesco Inc. (NYSE:GCO) for 20,304 shares. Amp Cap Investors has 0% invested in Genesco Inc. (NYSE:GCO) for 5,914 shares. Moreover, Pub Employees Retirement Sys Of Ohio has 0% invested in Genesco Inc. (NYSE:GCO). Oregon Pub Employees Retirement Fund holds 340,224 shares or 0.01% of its portfolio. Secor Cap L P accumulated 27,690 shares. Captrust Advsrs owns 487 shares for 0% of their portfolio. Bowling Mngmt Llc accumulated 0.04% or 5,068 shares. The Wisconsin-based Mason Street Advisors Limited has invested 0.01% in Genesco Inc. (NYSE:GCO). Swiss Commercial Bank has invested 0% of its portfolio in Genesco Inc. (NYSE:GCO). New York State Teachers Retirement System has invested 0.01% in Genesco Inc. (NYSE:GCO). Merian Investors (Uk) Limited owns 194,997 shares.

Since January 7, 2019, it had 0 insider purchases, and 3 selling transactions for $1.35 million activity. 5,000 Genesco Inc. (NYSE:GCO) shares with value of $247,500 were sold by DICKENS MARTY G. MASON KATHLEEN sold $24,000 worth of stock or 500 shares.

Genesco Inc (NYSE:GCO) Rating Reaffirmed

Research analysts at Macquarie now has a $39 PT on Genesco Inc (NYSE:GCO). Macquarie and their recent PT would indicate a potential downside of -6.92 % from the company’s last stock close. The rating has been shown in an analyst note on 15 March.

The stock decreased 2.85% or $1.23 during the last trading session, reaching $41.9. About 529,171 shares traded or 56.77% up from the average. Genesco Inc. (NYSE:GCO) has risen 19.67% since March 16, 2018 and is uptrending. It has outperformed by 15.30% the S&P500.

Genesco Inc. retails and wholesales footwear, apparel, and accessories. The company has market cap of $846.07 million. The companyÂ’s Journeys Group segment offers footwear and accessories through the Journeys, Journeys Kidz, Shi by Journeys, Little Burgundy, and Underground by Journeys retail stores, as well as through e-commerce and catalogs for young men, women, and children. It currently has negative earnings. The Company’s Schuh Group segment operates Schuh retail footwear stores that offer casual and athletic footwear for men and women, as well as sells footwear through e-commerce.

More notable recent Genesco Inc. (NYSE:GCO) news were published by: Globenewswire.com which released: “Hemispherx Announces Dutch Health Inspectorate Approval to Extend the Ampligen Pancreatic Cancer Early Access Program Until March 2020 – GlobeNewswire” on February 28, 2019, also Benzinga.com with their article: “Earnings Scheduled For December 6, 2018 – Benzinga” published on December 06, 2018, Benzinga.com published: “Earnings Scheduled For March 14, 2019 – Benzinga” on March 14, 2019. More interesting news about Genesco Inc. (NYSE:GCO) were released by: Benzinga.com and their article: “A Peek Into The Markets: US Stock Futures Edge Lower Ahead Of Earnings, Economic Data – Benzinga” published on March 14, 2019 as well as Seekingalpha.com‘s news article titled: “Lids Sale Will Boost EPS, But Genesco Looks Fairly Priced – Seeking Alpha” with publication date: December 28, 2018.

Genesco Inc. (NYSE:GCO) Institutional Positions Chart

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