Teachers Advisors LLC grew its holdings in shares of Perry Ellis International Inc. (NASDAQ:PERY) by 5.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,540 shares of the textile maker’s stock after buying an additional 1,263 shares during the period. Teachers Advisors LLC owned 0.16% of Perry Ellis International worth $458,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also made changes to their positions in PERY. Vanguard Group Inc. lifted its holdings in Perry Ellis International by 12.8% during the 1st quarter. Vanguard Group Inc. now owns 664,127 shares of the textile maker’s stock worth $14,266,000 after buying an additional 75,397 shares during the last quarter. ClariVest Asset Management LLC increased its position in shares of Perry Ellis International by 19.4% during the second quarter. ClariVest Asset Management LLC now owns 264,941 shares of the textile maker’s stock worth $5,156,000 after purchasing an additional 43,000 shares in the last quarter. Bowling Portfolio Management LLC increased its position in shares of Perry Ellis International by 84.6% during the second quarter. Bowling Portfolio Management LLC now owns 57,446 shares of the textile maker’s stock worth $1,118,000 after purchasing an additional 26,327 shares in the last quarter. AXA increased its position in shares of Perry Ellis International by 44.5% during the second quarter. AXA now owns 77,610 shares of the textile maker’s stock worth $1,510,000 after purchasing an additional 23,910 shares in the last quarter. Finally, IndexIQ Advisors LLC acquired a new stake in shares of Perry Ellis International during the second quarter worth about $429,000. 71.18% of the stock is owned by institutional investors.
Perry Ellis International Inc. (NASDAQ PERY) opened at $23.39 on Monday. The stock has a market capitalization of $367.52, a PE ratio of 12.44 and a beta of 0.60. Perry Ellis International Inc. has a 52-week low of $16.35 and a 52-week high of $29.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.17 and a quick ratio of 1.88.
Perry Ellis International (NASDAQ:PERY) last released its earnings results on Thursday, August 24th. The textile maker reported $0.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.06. Perry Ellis International had a return on equity of 9.05% and a net margin of 2.08%. The company had revenue of $206.60 million for the quarter, compared to analysts’ expectations of $204.97 million. During the same quarter in the previous year, the firm posted $0.15 EPS. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. equities analysts expect that Perry Ellis International Inc. will post 2.15 earnings per share for the current fiscal year.
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In other Perry Ellis International news, insider Luis S. Paez sold 3,812 shares of the business’s stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of $21.55, for a total transaction of $82,148.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Stanley P. Silverstein sold 13,507 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $22.11, for a total value of $298,639.77. The disclosure for this sale can be found here. Insiders own 20.20% of the company’s stock.
A number of analysts have recently commented on PERY shares. Zacks Investment Research upgraded Perry Ellis International from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a research report on Friday, September 15th. FBR & Co set a $25.00 target price on Perry Ellis International and gave the stock a “buy” rating in a research report on Monday, August 21st. B. Riley reiterated a “buy” rating on shares of Perry Ellis International in a research report on Wednesday, November 1st. Finally, TheStreet cut Perry Ellis International from a “b-” rating to a “c+” rating in a research report on Friday, August 18th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $28.75.
Perry Ellis International Profile
Perry Ellis International, Inc is an apparel company. The Company designs, sources, markets and licenses its products nationally and internationally at multiple price points and across all levels of retail distribution. It operates through four segments: Men’s Sportswear and Swim, Women’s Sportswear, Direct-to-Consumer and Licensing.
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