GSA Capital Partners LLP lessened its stake in shares of Perry Ellis International, Inc. (NASDAQ:PERY) by 35.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,127 shares of the textile maker’s stock after selling 6,000 shares during the quarter. GSA Capital Partners LLP’s holdings in Perry Ellis International were worth $263,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BNP Paribas Arbitrage SA grew its stake in shares of Perry Ellis International by 42.2% during the second quarter. BNP Paribas Arbitrage SA now owns 5,597 shares of the textile maker’s stock worth $109,000 after buying an additional 1,662 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Perry Ellis International by 3.6% during the second quarter. Wells Fargo & Company MN now owns 10,282 shares of the textile maker’s stock worth $200,000 after buying an additional 359 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Perry Ellis International by 12.3% during the second quarter. The Manufacturers Life Insurance Company now owns 11,504 shares of the textile maker’s stock worth $224,000 after buying an additional 1,263 shares during the last quarter. First Trust Advisors LP bought a new stake in shares of Perry Ellis International during the third quarter worth $235,000. Finally, Algert Global LLC bought a new stake in shares of Perry Ellis International during the third quarter worth $243,000. 72.62% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Perry Ellis International, Inc. (PERY) opened at $25.11 on Thursday. The company has a quick ratio of 2.13, a current ratio of 3.56 and a debt-to-equity ratio of 0.27. Perry Ellis International, Inc. has a one year low of $16.35 and a one year high of $25.99. The firm has a market cap of $392.33, a price-to-earnings ratio of 14.86 and a beta of 0.62.

Perry Ellis International (NASDAQ:PERY) last issued its quarterly earnings data on Thursday, November 30th. The textile maker reported $0.25 earnings per share for the quarter, hitting the consensus estimate of $0.25. Perry Ellis International had a net margin of 3.05% and a return on equity of 8.95%. The company had revenue of $198.80 million for the quarter, compared to analysts’ expectations of $199.40 million. During the same quarter in the previous year, the firm posted $0.23 earnings per share. Perry Ellis International’s revenue for the quarter was up 2.5% on a year-over-year basis. analysts forecast that Perry Ellis International, Inc. will post 2.15 EPS for the current year.

A number of analysts have weighed in on PERY shares. Zacks Investment Research raised shares of Perry Ellis International from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a research note on Tuesday, December 5th. KeyCorp reaffirmed a “hold” rating on shares of Perry Ellis International in a research note on Tuesday, October 31st. BidaskClub cut shares of Perry Ellis International from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th. Finally, Ifs Securities reaffirmed an “outperform” rating on shares of Perry Ellis International in a research note on Tuesday, October 31st. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $30.00.

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

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