Perry Ellis International, Inc. (PERY) Receives Consensus Recommendation of “Hold” from Analysts

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

PERY has been the topic of several recent analyst reports. Zacks Investment Research raised Perry Ellis International from a “sell” rating to a “hold” rating in a research note on Saturday, September 22nd. BidaskClub raised Perry Ellis International from a “strong sell” rating to a “sell” rating in a research note on Thursday, September 27th.

A number of large investors have recently added to or reduced their stakes in the business. Legal & General Group Plc increased its stake in Perry Ellis International by 3.0% in the 3rd quarter. Legal & General Group Plc now owns 25,972 shares of the textile maker’s stock worth $710,000 after acquiring an additional 755 shares during the last quarter. Paloma Partners Management Co increased its stake in Perry Ellis International by 24.1% in the 2nd quarter. Paloma Partners Management Co now owns 11,264 shares of the textile maker’s stock worth $306,000 after acquiring an additional 2,184 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake in Perry Ellis International by 3.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 69,106 shares of the textile maker’s stock worth $1,878,000 after acquiring an additional 2,304 shares during the last quarter. First Trust Advisors LP increased its stake in Perry Ellis International by 19.0% in the 2nd quarter. First Trust Advisors LP now owns 14,682 shares of the textile maker’s stock worth $399,000 after acquiring an additional 2,341 shares during the last quarter. Finally, United Services Automobile Association increased its stake in Perry Ellis International by 2.5% in the 3rd quarter. United Services Automobile Association now owns 107,772 shares of the textile maker’s stock worth $2,945,000 after acquiring an additional 2,600 shares during the last quarter. 68.61% of the stock is currently owned by institutional investors and hedge funds.

Perry Ellis International has a 12 month low of $22.00 and a 12 month high of $29.59.

Perry Ellis International Company Profile

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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