16,725 Shares in Capri Holdings Limited (NYSE:CPRI) Bought by Invst LLC

Invst LLC bought a new position in shares of Capri Holdings Limited (NYSE:CPRI) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 16,725 shares of the company’s stock, valued at approximately $759,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Private Wealth Management Group LLC bought a new stake in shares of Capri in the 4th quarter worth about $25,000. EMC Capital Management grew its holdings in shares of Capri by 32.7% in the 1st quarter. EMC Capital Management now owns 2,421 shares of the company’s stock worth $110,000 after purchasing an additional 596 shares during the last quarter. Swiss National Bank grew its holdings in shares of Capri by 0.3% in the 1st quarter. Swiss National Bank now owns 229,500 shares of the company’s stock worth $10,396,000 after purchasing an additional 600 shares during the last quarter. Bessemer Group Inc. grew its holdings in shares of Capri by 82.4% in the 1st quarter. Bessemer Group Inc. now owns 1,330 shares of the company’s stock worth $60,000 after purchasing an additional 601 shares during the last quarter. Finally, Quent Capital LLC grew its holdings in shares of Capri by 171.8% in the 1st quarter. Quent Capital LLC now owns 1,120 shares of the company’s stock worth $51,000 after purchasing an additional 708 shares during the last quarter. Institutional investors own 84.34% of the company’s stock.

Capri Trading Down 0.3 %

Capri stock traded down $0.09 during trading hours on Friday, reaching $33.20. 585,461 shares of the company’s stock traded hands, compared to its average volume of 803,296. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.44 and a current ratio of 0.95. Capri Holdings Limited has a fifty-two week low of $30.79 and a fifty-two week high of $54.52. The firm has a market capitalization of $3.87 billion, a price-to-earnings ratio of -16.85, a PEG ratio of 3.37 and a beta of 2.01. The firm’s 50 day moving average is $33.45 and its 200-day moving average is $39.85.

Capri (NYSE:CPRI) last announced its quarterly earnings results on Wednesday, May 29th. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.30). The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.29 billion. Capri had a negative net margin of 4.43% and a positive return on equity of 22.76%. The business’s revenue was down 8.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.97 earnings per share. On average, analysts predict that Capri Holdings Limited will post 3.45 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $42.00 target price on shares of Capri in a report on Thursday, May 30th. Citigroup upgraded shares of Capri from a “neutral” rating to a “buy” rating and reduced their price target for the stock from $56.00 to $41.00 in a research report on Monday, June 17th. UBS Group reduced their price target on shares of Capri from $41.00 to $39.00 and set a “neutral” rating on the stock in a research report on Wednesday. Jefferies Financial Group reduced their price target on shares of Capri from $57.00 to $38.00 and set a “hold” rating on the stock in a research report on Thursday, May 30th. Finally, Wells Fargo & Company upgraded shares of Capri from an “equal weight” rating to an “overweight” rating and reduced their price target for the stock from $57.00 to $43.00 in a research report on Tuesday, June 25th. Eight investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $45.29.

About Capri

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites.