Allianz Asset Management GmbH increased its stake in Perry Ellis International, Inc. (NASDAQ:PERY) by 143.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 87,800 shares of the textile maker’s stock after purchasing an additional 51,765 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.56% of Perry Ellis International worth $2,077,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of PERY. KBC Group NV lifted its holdings in shares of Perry Ellis International by 40.0% during the third quarter. KBC Group NV now owns 15,352 shares of the textile maker’s stock worth $363,000 after buying an additional 4,388 shares during the last quarter. Wells Fargo & Company MN grew its position in Perry Ellis International by 54.6% during the 3rd quarter. Wells Fargo & Company MN now owns 15,896 shares of the textile maker’s stock worth $376,000 after acquiring an additional 5,614 shares during the last quarter. SG Capital Management LLC bought a new stake in Perry Ellis International during the 3rd quarter worth $755,000. Trexquant Investment LP bought a new stake in Perry Ellis International during the 3rd quarter worth $410,000. Finally, Nordea Investment Management AB grew its position in Perry Ellis International by 2.8% during the 3rd quarter. Nordea Investment Management AB now owns 185,500 shares of the textile maker’s stock worth $4,389,000 after acquiring an additional 5,000 shares during the last quarter. Hedge funds and other institutional investors own 72.62% of the company’s stock.

A number of equities research analysts recently weighed in on PERY shares. Zacks Investment Research lowered Perry Ellis International from a “buy” rating to a “hold” rating in a research report on Thursday, August 31st. KeyCorp restated a “neutral” rating on shares of Perry Ellis International in a research report on Friday, September 29th. Finally, FBR & Co set a $27.00 price objective on Perry Ellis International and gave the stock a “buy” rating in a research report on Tuesday, October 17th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Perry Ellis International currently has an average rating of “Buy” and a consensus price target of $30.00.

Perry Ellis International, Inc. (NASDAQ PERY) opened at $25.56 on Monday. The company has a market capitalization of $400.47, a PE ratio of 15.12 and a beta of 0.62. Perry Ellis International, Inc. has a twelve month low of $16.35 and a twelve month high of $25.99. The company has a current ratio of 3.56, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27.

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

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Perry Ellis International Company 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.

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

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