Genesco Ownership
| GCO Stock | USD 28.95 0.09 0.31% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 10.9 M | Current Value 10.9 M | Avarage Shares Outstanding 21.5 M | Quarterly Volatility 4.7 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Genesco |
Genesco Stock Ownership Analysis
About 93.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.62. Some equities with similar Price to Book (P/B) outperform the market in the long run. Genesco has Price/Earnings To Growth (PEG) ratio of 0.69. The entity recorded a loss per share of 0.87. The firm last dividend was issued on the 9th of April 1973. Genesco had 1:1 split on the 15th of March 2006. Genesco Inc. operates as a retailer and wholesaler of footwear, apparel, and accessories. Genesco Inc. was incorporated in 1924 and is headquartered in Nashville, Tennessee. Genesco operates under Apparel Retail classification in the United States and is traded on New York Stock Exchange. It employs 5400 people. To learn more about Genesco call Robert Dennis at 615 367 7000 or check out https://genesco.com.Besides selling stocks to institutional investors, Genesco also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Genesco's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Genesco's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Genesco Quarterly Liabilities And Stockholders Equity |
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Genesco Insider Trades History
About 8.0% of Genesco are currently held by insiders. Unlike Genesco's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Genesco's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Genesco's insider trades
Genesco Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Genesco is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Genesco backward and forwards among themselves. Genesco's institutional investor refers to the entity that pools money to purchase Genesco's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Hotchkis & Wiley Capital Management Llc | 2024-06-30 | 225.8 K | Jacobs Levy Equity Management, Inc. | 2024-06-30 | 225.2 K | American Century Companies Inc | 2024-09-30 | 220.8 K | Goldman Sachs Group Inc | 2024-06-30 | 187.3 K | Marshall Wace Asset Management Ltd | 2024-06-30 | 150.5 K | Jpmorgan Chase & Co | 2024-06-30 | 111.7 K | Northern Trust Corp | 2024-09-30 | 109.9 K | Aqr Capital Management Llc | 2024-06-30 | 103 K | Bridgeway Capital Management, Llc | 2024-06-30 | 100.6 K | Pzena Investment Management, Llc | 2024-09-30 | 1.2 M | Blackrock Inc | 2024-06-30 | 1.1 M |
Genesco Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Genesco insiders, such as employees or executives, is commonly permitted as long as it does not rely on Genesco's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Genesco insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Genesco Outstanding Bonds
Genesco issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Genesco uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Genesco bonds can be classified according to their maturity, which is the date when Genesco has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View |
Genesco Corporate Filings
| 15th of November 2024 Other Reports | ViewVerify | |
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 7th of October 2024 Other Reports | ViewVerify | |
F4 | 2nd of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Pair Trading with Genesco
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Genesco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Genesco will appreciate offsetting losses from the drop in the long position's value.Moving against Genesco Stock
| 0.54 | FIVE | Five Below Earnings Call This Week | PairCorr |
| 0.41 | BBY | Best Buy Sell-off Trend | PairCorr |
| 0.37 | FNKO | Funko Inc | PairCorr |
The ability to find closely correlated positions to Genesco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Genesco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Genesco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Genesco to buy it.
The correlation of Genesco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Genesco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Genesco moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Genesco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genesco. If investors know Genesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genesco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.23) | Earnings Share (0.87) | Revenue Per Share 210.709 | Quarterly Revenue Growth 0.004 | Return On Assets 0.0035 |
The market value of Genesco is measured differently than its book value, which is the value of Genesco that is recorded on the company's balance sheet. Investors also form their own opinion of Genesco's value that differs from its market value or its book value, called intrinsic value, which is Genesco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genesco's market value can be influenced by many factors that don't directly affect Genesco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.