Perry Ellis International Inc. (PERY) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lowered its position in Perry Ellis International Inc. (NASDAQ:PERY) by 3.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 165,818 shares of the textile maker’s stock after selling 6,643 shares during the period. Bank of New York Mellon Corp owned about 1.10% of Perry Ellis International worth $3,227,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Perry Ellis International in the first quarter worth $122,000. Citadel Advisors LLC bought a new stake in shares of Perry Ellis International in the first quarter worth $389,000. Teachers Advisors LLC grew its holdings in shares of Perry Ellis International by 11.5% in the fourth quarter. Teachers Advisors LLC now owns 21,232 shares of the textile maker’s stock worth $529,000 after acquiring an additional 2,184 shares during the period. State of Tennessee Treasury Department grew its holdings in shares of Perry Ellis International by 17.8% in the first quarter. State of Tennessee Treasury Department now owns 10,855 shares of the textile maker’s stock worth $233,000 after acquiring an additional 1,638 shares during the period. Finally, Comerica Bank grew its holdings in shares of Perry Ellis International by 3.9% in the first quarter. Comerica Bank now owns 13,351 shares of the textile maker’s stock worth $286,000 after acquiring an additional 503 shares during the period. 70.95% of the stock is owned by institutional investors.

Shares of Perry Ellis International Inc. (PERY) opened at 22.85 on Tuesday. Perry Ellis International Inc. has a 12-month low of $16.35 and a 12-month high of $29.00. The company has a market cap of $344.44 million, a price-to-earnings ratio of 20.01 and a beta of 0.64. The firm’s 50-day moving average price is $22.00 and its 200 day moving average price is $20.15.

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

COPYRIGHT VIOLATION NOTICE: This report was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this report on another site, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this report can be viewed at https://ledgergazette.com/2017/10/10/perry-ellis-international-inc-pery-shares-sold-by-bank-of-new-york-mellon-corp.html.

In other Perry Ellis International news, insider Stanley P. Silverstein sold 13,507 shares of the stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $22.11, for a total transaction of $298,639.77. The sale was disclosed in a filing with the SEC, which is available through this link. Also, 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 disclosure for this sale can be found here. 20.20% of the stock is currently owned by company insiders.

Several analysts recently commented on PERY shares. Zacks Investment Research lowered Perry Ellis International from a “buy” rating to a “hold” rating in a report on Thursday, August 31st. FBR & Co set a $25.00 price target on Perry Ellis International and gave the company a “buy” rating in a report on Monday, August 21st. KeyCorp reissued a “neutral” rating on shares of Perry Ellis International in a report on Friday, September 29th. Finally, BidaskClub lowered Perry Ellis International from a “hold” rating to a “sell” rating in a report on Friday

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Perry Ellis International in the first quarter worth $122,000. Citadel Advisors LLC bought a new stake in shares of Perry Ellis International in the first quarter worth $389,000. Teachers Advisors LLC grew its holdings in shares of Perry Ellis International by 11.5% in the fourth quarter. Teachers Advisors LLC now owns 21,232 shares of the textile maker’s stock worth $529,000 after acquiring an additional 2,184 shares during the period. State of Tennessee Treasury Department grew its holdings in shares of Perry Ellis International by 17.8% in the first quarter. State of Tennessee Treasury Department now owns 10,855 shares of the textile maker’s stock worth $233,000 after acquiring an additional 1,638 shares during the period. Finally, Comerica Bank grew its holdings in shares of Perry Ellis International by 3.9% in the first quarter. Comerica Bank now owns 13,351 shares of the textile maker’s stock worth $286,000 after acquiring an additional 503 shares during the period. 70.95% of the stock is owned by institutional investors.

Shares of Perry Ellis International Inc. (PERY) opened at 22.85 on Tuesday. Perry Ellis International Inc. has a 12-month low of $16.35 and a 12-month high of $29.00. The company has a market cap of $344.44 million, a price-to-earnings ratio of 20.01 and a beta of 0.64. The firm’s 50-day moving average price is $22.00 and its 200 day moving average price is $20.15.

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

COPYRIGHT VIOLATION NOTICE: This report was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this report on another site, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this report can be viewed at https://ledgergazette.com/2017/10/10/perry-ellis-international-inc-pery-shares-sold-by-bank-of-new-york-mellon-corp.html.

In other Perry Ellis International news, insider Stanley P. Silverstein sold 13,507 shares of the stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $22.11, for a total transaction of $298,639.77. The sale was disclosed in a filing with the SEC, which is available through this link. Also, 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 disclosure for this sale can be found here. 20.20% of the stock is currently owned by company insiders.

Several analysts recently commented on PERY shares. Zacks Investment Research lowered Perry Ellis International from a “buy” rating to a “hold” rating in a report on Thursday, August 31st. FBR & Co set a $25.00 price target on Perry Ellis International and gave the company a “buy” rating in a report on Monday, August 21st. KeyCorp reissued a “neutral” rating on shares of Perry Ellis International in a report on Friday, September 29th. Finally, BidaskClub lowered Perry Ellis International from a “hold” rating to a “sell” rating in a report on Friday, August 18th. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $28.25.

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.

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

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