State Street Corp raised its position in shares of Perry Ellis International Inc. (NASDAQ:PERY) by 5.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 280,040 shares of the textile maker’s stock after purchasing an additional 13,982 shares during the period. State Street Corp owned 1.87% of Perry Ellis International worth $5,448,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of PERY. Vanguard Group Inc. raised its position in shares of Perry Ellis International by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 678,254 shares of the textile maker’s stock worth $13,199,000 after buying an additional 14,127 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Perry Ellis International by 3.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 414,355 shares of the textile maker’s stock worth $8,064,000 after buying an additional 15,555 shares in the last quarter. Northern Trust Corp raised its position in shares of Perry Ellis International by 1.8% during the 2nd quarter. Northern Trust Corp now owns 366,702 shares of the textile maker’s stock worth $7,137,000 after buying an additional 6,643 shares in the last quarter. ClariVest Asset Management LLC raised its position in shares of Perry Ellis International by 19.4% during the 2nd quarter. ClariVest Asset Management LLC now owns 264,941 shares of the textile maker’s stock worth $5,156,000 after buying an additional 43,000 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of Perry Ellis International by 2.9% during the 2nd quarter. American Century Companies Inc. now owns 228,635 shares of the textile maker’s stock worth $4,449,000 after buying an additional 6,399 shares in the last quarter. 72.39% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have commented on PERY shares. BidaskClub downgraded shares of Perry Ellis International from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. FBR & Co set a $25.00 price target on shares of Perry Ellis International and gave the stock a “buy” rating in a research report on Monday, August 21st. TheStreet downgraded shares of Perry Ellis International from a “b-” rating to a “c+” rating in a research report on Friday, August 18th. KeyCorp restated a “hold” rating on shares of Perry Ellis International in a research report on Thursday, August 24th. Finally, Zacks Investment Research downgraded shares of Perry Ellis International from a “buy” rating to a “hold” rating in a research report on Thursday, August 31st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $30.00.

Shares of Perry Ellis International Inc. (PERY) opened at $24.72 on Tuesday. The company has a quick ratio of 2.13, a current ratio of 3.56 and a debt-to-equity ratio of 0.27. Perry Ellis International Inc. has a fifty-two week low of $16.35 and a fifty-two week high of $29.00. The company has a market cap of $398.59, a P/E ratio of 13.39 and a beta of 0.62.

Perry Ellis International (NASDAQ:PERY) last released its earnings results on Thursday, November 30th. The textile maker reported $0.25 EPS for the quarter, hitting analysts’ consensus estimates of $0.25. Perry Ellis International had a net margin of 3.05% and a return on equity of 8.95%. The business had revenue of $198.80 million for the quarter, compared to the consensus estimate of $199.40 million. During the same period in the previous year, the firm earned $0.23 EPS. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. analysts predict that Perry Ellis International Inc. will post 2.15 earnings per share for the current fiscal year.

In related news, insider Luis S. Paez sold 3,812 shares of the business’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $21.55, for a total value of $82,148.60. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Stanley P. Silverstein sold 13,507 shares of Perry Ellis International stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $22.11, for a total transaction of $298,639.77. The disclosure for this sale can be found here. 20.20% of the stock is owned by insiders.

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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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Institutional Ownership by Quarter for Perry Ellis International (NASDAQ:PERY)

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