Perry Ellis International Inc. (PERY) Shares Sold by American Century Companies Inc.

American Century Companies Inc. lessened its holdings in shares of Perry Ellis International Inc. (NASDAQ:PERY) by 2.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 223,779 shares of the textile maker’s stock after selling 4,856 shares during the period. American Century Companies Inc. owned 1.42% of Perry Ellis International worth $5,295,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in PERY. Vanguard Group Inc. grew its holdings in shares of Perry Ellis International by 12.8% during the first quarter. Vanguard Group Inc. now owns 664,127 shares of the textile maker’s stock worth $14,266,000 after purchasing an additional 75,397 shares during the last quarter. ClariVest Asset Management LLC lifted its stake 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 valued at $5,156,000 after acquiring an additional 43,000 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Perry Ellis International by 46.8% during the second quarter. Ameriprise Financial Inc. now owns 121,617 shares of the textile maker’s stock valued at $2,367,000 after acquiring an additional 38,753 shares during the period. Bowling Portfolio Management LLC lifted its stake 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 valued at $1,118,000 after acquiring an additional 26,327 shares during the period. Finally, AXA lifted its stake 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 valued at $1,510,000 after acquiring an additional 23,910 shares during the period. Institutional investors own 71.76% of the company’s stock.

Several brokerages have recently issued reports on PERY. KeyCorp reaffirmed a “hold” rating on shares of Perry Ellis International in a research note on Thursday, August 24th. Zacks Investment Research lowered Perry Ellis International from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th. B. Riley reaffirmed a “buy” rating on shares of Perry Ellis International in a research note on Wednesday, November 1st. Ifs Securities reaffirmed an “outperform” rating on shares of Perry Ellis International in a research note on Tuesday, October 31st. Finally, FBR & Co set a $25.00 price target on Perry Ellis International and gave the company a “buy” rating in a research note on Monday, August 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $29.33.

Perry Ellis International Inc. (PERY) opened at $24.77 on Thursday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.88 and a current ratio of 3.17. Perry Ellis International Inc. has a one year low of $16.35 and a one year high of $29.00. The stock has a market capitalization of $389.36, a price-to-earnings ratio of 13.18 and a beta of 0.60.

Perry Ellis International (NASDAQ:PERY) last released its earnings results on Thursday, August 24th. The textile maker reported $0.16 earnings per share for the quarter, beating the 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 firm had revenue of $206.60 million for the quarter, compared to analyst estimates of $204.97 million. During the same quarter in the prior year, the firm posted $0.15 earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis. analysts forecast that Perry Ellis International Inc. will post 2.14 EPS for the current fiscal year.

In other Perry Ellis International news, insider Luis S. Paez sold 3,812 shares of the stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of $21.55, for a total value of $82,148.60. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Stanley P. Silverstein sold 13,507 shares of the stock in a transaction dated Tuesday, September 12th. The shares were 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. Corporate insiders own 22.20% of the company’s stock.

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About Perry Ellis International

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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