Stifel Nicolaus reissued their hold rating on shares of Men's Wearhouse Inc (NYSE:MW) in a research report report published on Saturday, MarketBeat.Com reports.

Men's Wearhouse (NYSE:MW) traded up 4.34% during trading on Friday, reaching $13.71. 2,592,582 shares of the company traded hands. Men's Wearhouse has a 12-month low of $9.95 and a 12-month high of $66.18. The firm’s market capitalization is $663.29 million. The firm’s 50 day moving average price is $13.31 and its 200 day moving average price is $36.31.

Men's Wearhouse (NYSE:MW) last posted its quarterly earnings data on Wednesday, December 9th. The company reported $0.50 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.50. The company had revenue of $865.40 million for the quarter, compared to analysts’ expectations of $876.81 million. The business’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.83 EPS. Equities research analysts expect that Men's Wearhouse will post $1.66 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 25th. Investors of record on Tuesday, March 15th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 5.25%. The ex-dividend date is Friday, March 11th.

Several other research firms have also recently weighed in on MW. Mizuho restated a buy rating and set a $70.00 price objective on shares of Men's Wearhouse in a research report on Wednesday, October 14th. Zacks Investment Research upgraded shares of Men's Wearhouse from a sell rating to a hold rating in a research report on Monday, October 5th. Goldman Sachs cut shares of Men's Wearhouse from a buy rating to a neutral rating in a research report on Friday, November 6th. Jefferies Group cut shares of Men's Wearhouse from a buy rating to a hold rating in a research report on Friday, November 6th. Finally, Johnson Rice restated an accumulate rating on shares of Men's Wearhouse in a research report on Friday, November 6th. One investment analyst has rated the stock with a sell rating and eight have assigned a hold rating to the stock. Men's Wearhouse currently has a consensus rating of Hold and a consensus price target of $65.00.

In other news, Director Rinaldo S. Brutoco purchased 2,637 shares of the business’s stock in a transaction on Friday, November 13th. The shares were acquired at an average price of $18.96 per share, with a total value of $49,997.52. Following the acquisition, the director now directly owns 21,047 shares in the company, valued at $399,051.12. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director David H. Edwab purchased 11,000 shares of the business’s stock in a transaction on Monday, November 9th. The stock was purchased at an average cost of $22.11 per share, for a total transaction of $243,210.00. Following the acquisition, the director now owns 29,305 shares in the company, valued at $647,933.55. The disclosure for this purchase can be found here.

Other large investors have recently made changes to their positions in the company. California State Teachers Retirement System raised its stake in shares of Men's Wearhouse by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 89,569 shares of the company’s stock worth $1,315,000 after buying an additional 1,417 shares during the period. Louisiana State Employees Retirement System purchased a new stake in shares of Men's Wearhouse during the fourth quarter worth about $314,000. Strs Ohio raised its stake in shares of Men's Wearhouse by 16.2% in the fourth quarter. Strs Ohio now owns 33,000 shares of the company’s stock worth $484,000 after buying an additional 4,600 shares during the period. Deprince Race & Zollo Inc. raised its stake in shares of Men's Wearhouse by 88.1% in the fourth quarter. Deprince Race & Zollo Inc. now owns 1,972,719 shares of the company’s stock worth $28,960,000 after buying an additional 923,928 shares during the period. Finally, Russell Frank Co raised its stake in shares of Men's Wearhouse by 40.3% in the fourth quarter. Russell Frank Co now owns 578,107 shares of the company’s stock worth $8,423,000 after buying an additional 166,122 shares during the period.

The Men’s Wearhouse, Inc. is a specialty retailer of men’s suits and a provider of tuxedo rental product in the United States and Canada. It operates in two segments: retail, which offers its products and services through its four retail merchandising brands and Internet Websites. The Company’s corporate apparel segment provides corporate clothing uniforms and work wear to workforces. As of January 31, 2015, the Company operated a total of 1,758 retail stores, with 1,635 stores in the United States and Puerto Rico, as well as 123 stores in Canada. The Company operates its retail stores in the United States, the District of Columbia and Puerto Rico under the brand names of Men’s Wearhouse (NYSE:MW), Men’s Wearhouse and Tux (210 stores), Jos. A. Bank (636 stores, excluding 15 franchise stores) and K&G (91 stores). Its Canadian stores are operated under the brand name of Moores (123 stores) in 10 provinces.

12 Month Chart for NYSE:MW

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