Perry Ellis International, Inc. (NASDAQ:PERY) has received a consensus recommendation of “Hold” from the six analysts that are covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company.

PERY has been the subject of several research reports. BidaskClub raised shares of Perry Ellis International from a “hold” rating to a “buy” rating in a report on Saturday, October 13th. Zacks Investment Research downgraded shares of Perry Ellis International from a “buy” rating to a “hold” rating in a report on Thursday, August 2nd.

In related news, insider Stanley P. Silverstein sold 12,076 shares of the stock in a transaction dated Sunday, September 9th. The shares were sold at an average price of $27.15, for a total value of $327,863.40. Following the completion of the transaction, the insider now owns 61,590 shares of the company’s stock, valued at approximately $1,672,168.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 20.20% of the stock is currently owned by company insiders.

Several large investors have recently made changes to their positions in the stock. Lombard Odier Asset Management USA Corp bought a new position in shares of Perry Ellis International in the 3rd quarter valued at about $1,093,000. Teachers Advisors LLC lifted its holdings in shares of Perry Ellis International by 11.9% in the 3rd quarter. Teachers Advisors LLC now owns 26,339 shares of the textile maker’s stock valued at $720,000 after acquiring an additional 2,799 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Perry Ellis International by 19.4% in the 3rd quarter. AQR Capital Management LLC now owns 275,816 shares of the textile maker’s stock valued at $7,538,000 after acquiring an additional 44,831 shares during the last quarter. IndexIQ Advisors LLC lifted its holdings in shares of Perry Ellis International by 3.9% in the 3rd quarter. IndexIQ Advisors LLC now owns 88,110 shares of the textile maker’s stock valued at $2,408,000 after acquiring an additional 3,327 shares during the last quarter. Finally, MetLife Investment Advisors LLC lifted its holdings in shares of Perry Ellis International by 50.7% in the 3rd quarter. MetLife Investment Advisors LLC now owns 11,028 shares of the textile maker’s stock valued at $301,000 after acquiring an additional 3,710 shares during the last quarter. 68.61% of the stock is owned by hedge funds and other institutional investors.

Shares of PERY remained flat at $$27.50 during midday trading on Thursday. Perry Ellis International has a 12-month low of $22.00 and a 12-month high of $29.59.

Perry Ellis International (NASDAQ:PERY) last released its quarterly earnings data on Thursday, August 30th. The textile maker reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The company had revenue of $199.30 million for the quarter, compared to the consensus estimate of $203.40 million. During the same period last year, the company earned $0.16 EPS. The firm’s revenue for the quarter was down 3.6% on a year-over-year basis.

About Perry Ellis International

Perry Ellis International, Inc designs, sources, markets, and licenses apparel products, accessories, and fragrances. It operates through four segments: Men's Sportswear and Swim, Women's Sportswear, Direct-to-Consumer, and Licensing. It provides men's wear, including career and casual sportswear, golf apparel, sports apparel, swimwear, and activewear; and womenswear, such as dresses, sportswear, swimwear, and activewear.

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