American Century Companies Inc. cut its position in Perry Ellis International, Inc. (NASDAQ:PERY) by 4.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 214,929 shares of the textile maker’s stock after selling 8,850 shares during the period. American Century Companies Inc.’s holdings in Perry Ellis International were worth $5,382,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of PERY. Delphi Management Inc. MA acquired a new stake in Perry Ellis International in the fourth quarter worth $1,720,000. Allianz Asset Management GmbH raised its holdings in Perry Ellis International by 143.7% in the third quarter. Allianz Asset Management GmbH now owns 87,800 shares of the textile maker’s stock worth $2,077,000 after purchasing an additional 51,765 shares during the period. Bank of Montreal Can acquired a new stake in Perry Ellis International in the fourth quarter worth $1,241,000. Ameriprise Financial Inc. raised its holdings in Perry Ellis International by 46.8% in the second quarter. Ameriprise Financial Inc. now owns 121,617 shares of the textile maker’s stock worth $2,367,000 after purchasing an additional 38,753 shares during the period. Finally, SG Capital Management LLC acquired a new stake in Perry Ellis International in the third quarter worth $755,000. Institutional investors own 76.42% of the company’s stock.
Shares of Perry Ellis International, Inc. (PERY) opened at $26.26 on Friday. Perry Ellis International, Inc. has a twelve month low of $16.35 and a twelve month high of $27.27. The company has a current ratio of 3.56, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27. The company has a market cap of $412.38, a price-to-earnings ratio of 15.54, a P/E/G ratio of 3.90 and a beta of 0.60.
Perry Ellis International (NASDAQ:PERY) last issued its quarterly earnings data 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 analyst estimates of $199.40 million. During the same period last year, the business posted $0.23 earnings per share. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. analysts predict that Perry Ellis International, Inc. will post 2.13 EPS for the current year.
Several equities research analysts have weighed in on the stock. DA Davidson assumed coverage on shares of Perry Ellis International in a report on Thursday, February 8th. They issued a “neutral” rating and a $28.00 target price on the stock. ValuEngine upgraded shares of Perry Ellis International from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 8th. BidaskClub upgraded shares of Perry Ellis International from a “hold” rating to a “buy” rating in a report on Friday, December 22nd. Finally, Zacks Investment Research upgraded shares of Perry Ellis International from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a report on Tuesday, January 23rd. Two research analysts have rated the stock with a sell rating, two have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Perry Ellis International currently has an average rating of “Hold” and an average price target of $29.75.
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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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