State of Tennessee Treasury Department continued to hold its stake in Perry Ellis International Inc. (NASDAQ:PERY) during the 2nd quarter, according to its most recent filing with the SEC. The fund owned 10,855 shares of the textile maker’s stock at the end of the 2nd quarter. State of Tennessee Treasury Department owned about 0.07% of Perry Ellis International worth $211,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. grew its position in shares of Perry Ellis International by 1.6% in the second quarter. Principal Financial Group Inc. now owns 93,346 shares of the textile maker’s stock valued at $1,817,000 after purchasing an additional 1,465 shares during the last quarter. IndexIQ Advisors LLC acquired a new stake in Perry Ellis International during the 2nd quarter worth approximately $429,000. Prudential Financial Inc. lifted its holdings in Perry Ellis International by 14.4% during the 2nd quarter. Prudential Financial Inc. now owns 133,533 shares of the textile maker’s stock worth $2,599,000 after purchasing an additional 16,848 shares during the last quarter. American Century Companies Inc. lifted its holdings in 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 purchasing an additional 6,399 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in Perry Ellis International by 25.1% during the 2nd quarter. Victory Capital Management Inc. now owns 54,093 shares of the textile maker’s stock worth $1,053,000 after purchasing an additional 10,853 shares during the last quarter. 70.95% of the stock is currently owned by institutional investors.

Several analysts recently issued reports on PERY shares. KeyCorp restated 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 report on Wednesday, September 13th. FBR & Co reiterated an “outperform” rating and set a $25.00 price objective on shares of Perry Ellis International in a research report on Tuesday, July 11th. BidaskClub cut Perry Ellis International from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. Finally, TheStreet downgraded Perry Ellis International from a “b-” rating to a “c+” rating in a report on Friday, August 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $28.25.

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In other news, insider Stanley P. Silverstein sold 13,507 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $22.11, for a total value of $298,639.77. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 transaction of $82,148.60. The disclosure for this sale can be found here. 20.20% of the stock is owned by company insiders.

Perry Ellis International Inc. (NASDAQ:PERY) opened at 23.26 on Wednesday. The company has a market capitalization of $350.62 million, a PE ratio of 20.37 and a beta of 0.65. Perry Ellis International Inc. has a one year low of $16.35 and a one year high of $29.00. The stock’s 50 day moving average is $21.40 and its 200 day moving average is $20.12.

Perry Ellis International (NASDAQ:PERY) last released its quarterly earnings data on Thursday, August 24th. The textile maker reported $0.16 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.06. The business had revenue of $206.60 million for the quarter, compared to the consensus estimate of $204.97 million. Perry Ellis International had a net margin of 2.08% and a return on equity of 9.05%. The company’s revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.15 earnings per share. On average, analysts anticipate that Perry Ellis International Inc. will post $2.15 earnings per share for the current fiscal year.

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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